16/07/2010- Recent headlines concerning Brazilian land and potential ownership restrictions for overseas buyers will not affect main stream investors seeking residential or beachfront land in Brazil. The government is working on plans to protect agricultural land in order to keep food production under the control of Brazilians. The move may mean that international real estate investors interested in...
Celebrity real estate lovers will marvel at a new home that has entered the US housing market in Brentwood Los Angeles as it is the former home of Marilyn Monroe. The Brentwood estate where Marilyn Monroe is died and is a gated home considered the crown jewel of the exclusive Brentwood neighbourhood. The property is described at David Offer Fine Homes as “Sprawling and very special authentic 1929...
Mexicans have emerged as key investors in US real estate putting the Brits in third place as the nations that are buying real estate in the US. Overseas buyers are an important part of the real estate market especially in regions such as Florida. The new trend is set to change marketing emphasis to Mexico by log suffering US realtors. Florida is still offering a huge amount of below market value...
It seems that St Lucia has become top of the list for UK buyers seeking an overseas property and the government has responded to its new visitors by investing in major infrastructure projects. The St Lucia the government recently announced plans to construct a new terminal with modern amenities at the Hewanorra International airport in Vieux-Fort. New yachting facilities will also serve the increased...
Brazil, five time winner of the FIFA World Cup and the world’s official top ranking team, is relishing the opportunity to host the World Cup tournament in 2014 - the event has not been held in Brazil since 1950. Preparations to host this mammoth event are well underway and it is hoped it will leave a lasting legacy in Brazil, a country for which football is a way of life. ADIT Brasil, the...
Launched by President Luiz Inacio Lula da Silva last year,the "Minha Casa, Minha Vida" (My Home, My Life) program has begun to revolutionize home ownership in Brazil. The reality of apartment buildings partly funded by subsidies for low-income families have now come to fruition with construction taking place all over Brazil. An impressive 410,000 contracts to buy apartments under the program had...
UK private house sale website The Little House Company has entered the online Cashback market with a new offering at LittleHouseCompanyCashBack.com. Cashback websites offer users cash rewards to members each time they shop via the website using the links to over thousands of famous UK retailers. A survey reveals that the older generation have been quick to embrace the huge savings potential offered by...
According to Reuters reports Morgan Stanley Real Estate (MSREF) and Redos Real Estate are preparing to purchase “Bavaria” presently by METRO Group Asset Management. Morgan Stanley has not yet entered into any contract for buying the portfolio, as per the German multinational Haniel, which has controlling interest of more than 50% together with the Schmidt-Ruthenbeck family in Metro Group. The...
Overseas property investors have Egypt in the radar for investment for some time and local demand in the region for housing has meant for a buoyant market. Plans by the government could give the sector a further boost as they plan to reduce the red tape surrounding obtaining a mortgage in Egypt. The current Egyptian mortgage laws are hampering lending to buy real estate in Egypt as they extremely...
Celebrity real estate news reports that sex in the city star Sarah Jessica Parker is reportedly looking to move into a new house as she needs 'more room' and she has been spotted looking at a $24 million townhouse in New York. The grand luxury residence priced at a cool $24.9 million has nine bathrooms, 10 wood-burning fireplaces and is situated on the same block where Jimi Hendrix once lived, according...