Brazilian real estate is this a housing bubble?   The reason why overseas investors are excited by the potential taht Brazil offers was demonstrated clearly by the outgoing president Lula da Silva. He predicts that Brazil would become the world's fifth economy by 2016, however at the same time there is talk of a housing market bubble.   The legacy left by Lula is impressive unemployment was at its...

Overseas investment in Iraq could see a dramatic increase in 2011 as a Turkish state owned bank opens a branch in Northern Iraq and the government relaxes laws to encourage overseas property investors to the region. Turkish state-run lender Vakıfbank is to open its first branch in Arbil, the capital of the Kurdish regional administration in northern Iraq. Vakıfbank plans to open the branch...

Despite widespread news reports throughout 2010 that Portugal’s economy was heading for meltdown, recent figures have shown that the reality has been nowhere near as catastrophic as the media might suggest. Indeed, with property prices in Portugal stabilising and a record number of tourists visiting the country in 2010, the signs look optimistic for anyone looking to buy property in...

  Good news for the US Dollar and the Obama administration with the US Dollar now strengthening in response to its own internal data signalling economic growth. The US Dollar did well against other currencies in response to yesterday’s poor unemployment figures in the UK and spiralling uncertainty in Europe. Whereas UK retail sales have come in slightly worse than expected this morning, the...

The Algerian economy receives welcome news as a leading Turkish construction company prepares to invest millions in a new residential and commercial project.   The move demonstrates the strength of the Turkish economy and the fact that Algeria could now be attracting overseas property investors   Turkish developers Sinpas Group, which has a 33-year history in the real estate sector is said to be...

Silicon Valley Million Dollar Homes have seen a slow down in sales according to the latest figures from ColdwellBankerSouthBay. Located in the southern part of the San Francisco Bay Area in NorthernCaliforniaSilconValley is home to wealthy internet and technology multi millionaires. A total of 166 homes sold for more than $1 million in Santa ClaraCounty in November, down 13.5 percent from November 2009....

The owners of a huge mansion in Victoria Australia invested $200,000 in a marketing film about their luxury home and clinched a sale for over 27 million Australian Dollars. The sale is believed to be record breaking and is the most expensive house sale in Victoria. Victoria is the second most populous state in Australia,  geographically the smallest mainland state, Victoria is bordered by New South...

Qatar Airways is helping African Tourism with additional flights which will make Africa more accessible to international tourism .Qatar Airways has extended its East African network with 12 additional flights across two capital cities – Nairobi and Dar Es Salaam.The daily Doha – Nairobi flights have increased to 12-flights-a-week. From January 3, an additional two flights...

Despite being a legal requirement, ReclaimYourDeposit.com has discovered that only half of the bank guarantees 'issued' in Spain actually exist. This shocking news will heap yet more misery onto those despairing investors who are without a second home, the deposit they shelled out to buy it and now no means of recovering their losses. Designed to protect client monies in the event that the property was not...

Losing the 2018 World Cup to Russia not only cost English football fans the chance to welcome the world’s best players to their country, but may also have cost the nation a significant amount in lost business revenue. That’s the conclusion to be drawn from recent research which shows that hosting football’s showpiece event ‘has more impact on a...