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Sri Lanka plans Bali Style Resort Destination

Sri Lanka is planning to promote its northwestern coastal area of Kalpitiya as a resort destination, much like Bali is for Indonesia. The area has 14 islands on which eco-friendly resorts can be built according to the Kalpitiya Integrated Tourism Development Project (KITRP).   Sri Lankan Tourism chief Renton de Alwis said that “we will […]

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World Expo Ends in Zaragoza Spain

The 2008 World Expo in Zaragoza was brought to an end by Spain’s Spain’s King Juan Carlos and Queen Sofia on September 14. The expo was visited by six million people over three months. Fireworks lit up the night sky over the 25-hectare (62-acre) grounds of the fair, whose theme was “Water and Sustainable Development”,

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Silver Bay Opens for Investors in Queenstown New Zealand

Along the shores of Lake Wakatipu, one of the world’s most popular vacation spots is seeing a new development take shape. Silver Bay is a new four season resort in New Zealand’s holiday capital of Queenstown. This world-famous town is nestled along the lake and is surrounded by majestic mountains. There is always something to

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Overseas Agents Not Happy With Rightmove

In an survey taken by Globaledge, an online real estate strategy and analysis website, overseas property agents voted for their favorite and least favorite international property portals online. The UK market leader, Rightmove, did not fare well among agents voting that the site was too expensive.   The survey asked overseas real estate agents what

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Albania Creating a Buzz For UK Property Investors

Along the southern coast of the Adriatic Sea lies the rugged, untapped country of Albania. This little nation has long been off the radar of international property investors, but with new investments in resorts, off plan property and infrastructure, that is quickly changing. The beautiful coastline has wonderful views of the sea with Greece to

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Affordable Housing in Jordan Announced

Madean Al Nour for Investments and Real Estate Development has signed a JD68.5 million (US$96.6 million) agreement with the Jordanian Housing and Urban Development Corporation to provide houses under the national construction initiative. Under the agreement, Madean Al Nour will construct 2148 housing units in the City of the Custodian of the Two Holy Mosques

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UK Housing Sales Slump

The UK property market continued its slump in August as the Royal Institution of Chartered Surveyors (RICS) said sales were at their lowest level since 1978. This comes as news that the output of the UK economy fell from June to August, according to the National Institute of Economic and Social Research (NIESR). The output

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