News

Agents and buyers interested in off-plan international real estate investment but worried about the financial situation and honesty of the developers will be helped by a new program. The International Developer Information Pack, or IDIP, can help protect both buyers and sellers of off-plan property by providing them with independent due diligence reports on the […]

   Successful Rap Artist 50 Cent real name Curtis James Jackson is selling his 52 room Connecticut mansion that he has reportedly spent some 6million Dollars on in renovations. The house which was once owned by Boxer Mike Tyson was bought by 50cent in September 2003 for a cool 4.1 million Dollars.   The house

Hilton Hotels are working closely with Morgan Stanley Real Estate and have recently signed an agreement to sell up to 10 Hilton Hotels. The sale goes to a fund managed by Morgan Stanley Real Estate for approximately €566 million  which is approximately US$770 million.     The finer points in the mega deal see Hilton

International real estate investors often take a chance when they purchase off plan property. Unscrupulous developers can use language differences and local laws to take advantage of foreign buyers . Some real estate agent have been guilty of making false promises on behalf of developers to clinch a sale. Other agents may be acting in

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  UK foreign exchange company Moneycorp (www.moneycorp.com) has recently expanded with a new office in Cyprus. The opening of this new office, their fourth overseas office to open in the last two years, signals confidence by the premier foreign exchange company in this growing market.   The Cyprus office for Moneycorp will offer local citizens

The hike in home loans rates in India is having a slowing down effect on the property boom. In the last few years the interest rates on home loans has increased by about 3 percent.   Recently the premier ICICI bank hiked its interest rates for new customers by 50 basis points (0.5 percent). This

A list of the top ten locations with the most expensive prime property in the world reads as follows: London, Monaco, New York, Hong Kong, Tokyo, Cannes, St. Tropez, Sydney, Paris and Rome.   As per the ‘Wealth Report 2007’ by estate agent Knight Frank and Citi Private Bank, London takes the top honors with

The UK is host to an overseas property exhibition solely focused on the high end luxury real estate market. From a private island in the Bahamas to a Castle in Slovakia the exhibition is sure to get UK millionaires reaching for their cheque books.     The executive property Exhibition is to be held at

  Walt Disney World’s Magic Kingdom in Orlando, Florida once again tops the attendance list for amusement parks worldwide. According to a report recently issued by TEA/ERA (http://www.connectingindustry.com/pdfs/TEA-ERAAttendance06.pdf), the Orlando area resort had an estimated 16.64 million visitors in 2006, up 3 percent from the previous year. Disney’s other Orlando area parks, Epcot, Disney-MGM Studios