International and UK property developers are missing out on opportunities in the UK to build developments aimed at the growing elderly population in the UK. According to Knight Frank’s ‘Retirement Housing Report’ 2010, retired people form the country’s fastest growing demographic group.   Liam Bailey, head of residential research, Knight Frank, commented: “An explosion of grey hair has...

25/02/2010-Confidence in the Brazilian real estate market is at a high and the fact that BR properties plans to raise 1.71 billion reais by selling shares could signal more growth for the sector.   The Sao Paulo-based BR Properties and its stockholders will jointly offer 71.88 million voting shares at a price range between 14 reais and 18 reais in a bid to raise the money approximately equivalent to a...

25/02/10-Madeira is set to recover swiftly from the natural disaster it has experienced with an impressive clean up operation. Secretary General of the UN World Tourism Organization Taleb Rifai comments on the hotel and Tourism industry after the recent natural events in Madeira.   "The quick response action undertaken by the competent authorities at local and national levels, together with the support...

According to Facilismo.com,  a Spanish property portal, Murcia has posted the highest house price rises of all the nation’s autonomous regions at 0.24%. This makes it one of a select quartet of communities showing positive growth in January 2010 with Valencia in second at 0.11%, Cantabria third with 0.09% followed by the Basque Country with 0.06%.The bigger picture is slightly less rosy with overall...

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Bodrum Airport officials are in for a busy 2010 as three major low-cost airlines have all targeted the Turkish resort for boosted direct services. Operating from airports across the UK, EasyJet, Monarch and Turkish airline, Pegasus, will all be capitalizing on the Bodrum boom.With a floundering pound, the eurozone is off-limits for many holidaymakers and overseas home hunters, so Turkey is taking a huge...

Pipa in northeast Brazil is emerging as a paragliding hot spot as participants benefit from Brazils superb all year round warm climate. Brazil will be hosting the America leg of the Paragliding World Cup which this year runs from 3 to 10 April in Poços de Caldas in the southwestern state of Minas Gerais. Over 100 pilots from across the globe gather together to catch the thermals and make their way to a...

Istanbul, is tipped to be the property hotspot within Turkey in 2010 according to international property experts at Experience International. And this insight has been echoed in the latest Emerging Trends in Real Estate Europe Report released last week by PWC and the Urban Land Institute who rank Istanbul, European Capital of Culture, number 1 in City Development Prospects in 2010.   Turkey has...

People transferring money overseas should check they are using an FSA-regulated money transfer company, according to new advice issued by the regulatory body this week.   Competitive exchange rates can be obtained from alternative providers to traditional banks and building societies – but firms offering such a service who are not regulated by the FSA have not been vetted, and consumers cannot therefore...

08/02/10-A court case involving England and Manchester football star Wayne Rooney and his wife Coleen has helped reveal the true extent of the couple’s property riches. The case involving a dispute with their management company also confirms that that the pair earn more than £8 million a year.   The celebrity couple are accused of not paying £4.3 million to their former management company, and will...