News

A stretch of coastline along the north coast of Crete is a beautiful area for holiday travelers and international property investors. East of Rethymno there are several wonderful beaches and resorts that are not nearly as crowded as some of the other boomtowns along the north coast of Crete. The resort town of Stavromenos is […]

Adding to three previous towers the fourth Champions Tower has been launched Dubai’s Sports City (DSC). Memon Investments, a leading Dubai-based property developer and part of the Memon Group of Companies, announced the launch of the €42.4 million (AED 250 million) recently.   The Champions Tower IV will have 20 floors and will house 228

Once the most desired holiday destination in France and much of Europe, Biarritz long ago surrendered that title to the resorts along the Mediterranean Coast. In recent years, though, this town just north of the Spanish border along the Bay of Biscay has been rediscovered by those looking for something different. The golden beaches have

A number of airlines have announced special deals and additional flights for Ramadan. Lufhthansa German Airlines is offering customers a chance to fly from Abu Dhabi or Dubai to 31 destinations in Europe for special pricing. Etihad Airways, the national airline of the United Arab Emirates is offering special fares during the month of Ramadan

European Commission president Jose Manuel Barroso indicated in recent comments that Serbia could become a candidate for membership in the European Union as early as next year. He also said the country could get trade concessions even sooner with the arrest of former Bosnian Serb military commander Ratko Mladic.   Barroso set 2009 as a

September – Both the European Central Bank and the Bank of England decided to keep their benchmark interest rates at the current amount. The two major European banks are waiting to see what will happen with inflation and the economy in the coming weeks and months before making any further moves.   The benchmark rate

The New Zealand dollar has continued its decline, leading to increased interest in the country from international investors. In early September, the Kiwi dollar could buy just .47 Euros, .68 US dollars, and .38 British Pounds. That low rate means that, even for Americans, the country offers great bargains for real estate buyers from abroad.

The Shanghai World Financial Center was officially opened last week as the tallest building in mainland China. It is the third tallest in the world after the Burj Dubai and Taipei 101. The building stands 492 meters tall and has 101 floors above ground level, with an additional three floors below ground.   The building,

The United Kingdom’s largest coalminer is quickly becoming one of the country’s largest property developers. UK Coal recently announced plans to develop the largest ever brownfield development in South Yorkshire. The plans allow for some 4,000 new homes at the company’s former coke works and mining site near Catliffe.   The 741 acre site is

Dubai’s Burj Dubai Tower has reached a new record height of 688 meters, according to the developer Emaar Properties. The building became the world’s tallest structure after surpassing a TV tower in the United States earlier this year, and is well on its way to becoming the tallest structure in the world in several categories.