News

Just north of Limon on the Caribbean Coast of Costa Rica is where the new luxury resort of IslaMoin is set to rise. This destination resort will have residences, a marina, luxury hotel and all the amenities to go along with everything else. The location for Isla Moin is surrounded by national parks and rainforests, […]

The Dubrovnik Summer Festival is holding its 59th annual summer spectacular in the famous Croatian city located on the Dalmatian Coast. This year’s festival, which traditionally showcases music, theatre, dance and folklore of this beautiful old city, began on 10 July and runs through 15 August.   Some of the events and shows include the

Koh Samui is the third largest island in Thailand and is seeing an influx of international investors, tourists and property seekers looking for their idyllic retreat. One new development that was recently announced and is now under construction is Napa. This new property of individual villas is located above Cheong Mon Beach on Koh Samui’s

Recent developments have slowed the steady stream of British buyers for overseas property in Spain, but there is still a demand from UK residents. The slowdown in Spain is a result of several events, including over-speculation and overbuilding in the Spanish market and the lower value of the Pound versus the Euro.   The problems

Two of Sweden’s largest banks and financiers of the Baltic states have reported solid figures for the first half of 2008. Swedbank and SEB both reported healthy profits for the year to date, although they note that credit and inflation issues in the Baltic region remain concerns.   SEB’s operating results were up by 46%

The newest low-cost airline for Dubai is called flydubai and is planning to provide no frills Cheap Flights to Dubai. The current plan is to have the first flights launch in mid 2009. The new company recently placed an order for 54 Next-Generation 737-800 aircraft from Boeing at the Farnborough Air Show in England, valued at $4

The most recent survey by South Africa’s Standard Bank officially makes South Africa a buyers market indicating that median prices for homes fell 11.3% in June year on year. The average house price in the country for June, 2008 was R550,000 compared to R620,000 a year earlier.   About the lower sales prices, a Standard Bank spokesperson

Engel & Voelkers, a German real estate company, opened an office in Orlando as a branch of its Florida business, according to the Orlando Business Journal. The temporary office will hold the five agents until the company can find permanent space in nearby Celebration.   The company is a specialist in luxury properties and has

American real estate mogul and businessman Donald Trump sold his house in Palm Beach, Florida this week for $100 million US. According to Trump’s personal spokeswoman, the $100 million sales price is the most ever paid for a single home or estate in the United States.   The Palm Beach mansion was sold to Russian

The Finance Minister of Canada noted in recent remarks that the Canadian economy remains strong, and he expects it to continue to grow through this year and 2009. Minister Jim Flaherty said in a speech in Calgary that economic fundamentals in the country remain strong despite the problems across the border in the United States.