As the Eurozone debt crisis continues to dominate the news headlines, the currency markets have remained volatile. Whether you are sending money to Cape Verde to buy a property, or transferring US Dollars back to the UK from a business transaction, it is worthwhile keeping updated with the latest news.   In the UK, we have had a mixed bag of data in the last week. This morning’s public...

Million dollar houses in France held no appeal for Francois Pinault as he purchased a house in Chelsea this week. The French founder of PPR, the luxury goods company that owns Gucci and other fashion labels, bought the property in South-West London for £20 million. Pinault plans to partially renovate the home, which featured in the 1987 film Withnail and I and has “one of the few...

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  The Bank of Brazil has just launched a new line of credit products designed for the purchase of properties off-plan or in construction by individuals.  The new products, mortgages, will be directed to the sale of units whose construction has been financed by another BoB program directed at builders and is also available to builders in the government backed Minha Casa, Minha Vida (My House, My Life)...

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Miami remains one of the most popular American cities with foreign property buyers with new figures showing that the city’s property market is buoyant.  Sales of residential homes in Miami have increased for 13 consecutive quarters thanks mainly to huge interest from overseas buyers looking for cheap property in the USA. Miami seeing ‘strong demand from international...

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Helen Hunt’s New York apartment has joined the ranks of celebrity homes for sale this month. The Oscar-winning actress, who starred in As Good As It Gets and Cast Away, has put her Manhattan flat up for sale with an asking price of $2.8 million. The 2,000 square foot property has three bedrooms and an equal number of baths, reports the Wall Street Journal. The flat, which features two...

Homes for sale in Trinidad and Tobago will get a kick from Spanish football, as Real Madrid opens a new sports academy in the Port of Spain. The Atlantic Real Madrid Foundation Social Sports School, located in Trinidad’s Queen’s Park Oval, was launched last week by Spanish footballer Emilio Butragueno, and marks the country’s commitment to...

Buyers of celebrity houses in the Philippines will be pleased by new tax thresholds announced this week. The VAT cut-off point has been raised by The Philippino Bureau of Internal Revenue (BIR), allowing more transactions to be exempt from the tax. Property transaction thresholds have gone up from PP1.5 million to just under 2 million (1,919,500), reports OPP, and land deals including a house plot worth...