A multi award winning designer beachfront development in Barbados at Portico is now ready for occupation, apartments on sale start from a cool $4,950,00. The developers were able to finish the project on time this is in stark contrast to a neighbouring project at Four Seasons. The delayed development situated near Portico Barbados has attracted investment from celebrities including Andrew Lloyd Webber,...
The most recent report from Egypt indicates that the Cairo housing and property market is on the move. Real estate research and investment firm Jones Lang LaSalle just released its newest report on Cairo entitled Cairo: Open for Global Business at the fourth annual Cairo Investment Forum. The report noted that Egypt’s capital is well-served by a growing local economy and its location between Africa and...
Florida’s existing home and condominium sales rose at the end of 2009, according to the Florida Realtors. November, 2009 sales of existing homes rose 61 percent over the same month in 2008, and condo sales increased by 111 percent, according to the realtor group. Also, for the second month in a row all of Florida’s metro areas (MSAs) reported increases in home and condo sales for the month. For...
The world’s tallest building officially opened on January 4, 2010 in Dubai. The Burj Khalifa, formerly known as the Burj Dubai, is a record 828 meters, or 2717 feet, tall. The official final height was revealed at the festive opening ceremonies in Dubai. Thousands of people were on hand for the spectacular opening. There were also thousands of fireworks as well as skydivers, fountains, a laser show and...
The most recent news out of the Australian property market indicates that 2010 should be a strong year. Better-than-expected data on the housing sector has many people involved in real estate down under saying that this year will be red hot. Building approvals rose 5.9 percent in November to a seasonally adjusted total of 13,724 units. That is up from 12,962 units in October, according to the Australian...
Recent reports out of Spain about the state of the Spanish Property market offer some guarded outlooks for 2010. One report notes that the decline in property prices in Spain is slowing, while another sees a potentially large drop this year. The latest Tinsa property price index for November, 2009, shows that the average home price fell by 6.6 percent over the previous 12 months. That is a lower drop...
The latest research on the UK housing market indicates that prices were up for the 2009 year. The Financial Times House Price Index produced by Acadametrics (FTHPI) shows that the average house price in England and Wales was £214,283 for December. That is up 0.8 percent for the month over November and 4.2 percent for all of 2009. This index surveys all house sale in England and Wales. The increase for...
The latest research on the global real estate market indicates that Canada is doing quite well, while several other nations are showing significant signs of recovery. The Global Real Estate Trends report from Scotia Capital indicates the Canada leads the pack for property price increases. Fort the third quarter of 2009, average home prices in Canada were up 11 percent. A shortage of homes that are for...
The town of Makry Gialos on the southeast part of Crete has long been a popular tourist resort. The beaches on the famous Greek island are beautiful with clear, shallow water and the climate is quite nice year round. Additionally, it is an ideal place for Brits and expats who are looking for a vacation home as the housing market is steady and primed for solid long term growth. Makry Gialos, which is...
France has been named the best place to live for the fifth year in a row by the US magazine International Living. Every January the magazine produces a ranking quality of life in countries throughout the world. The publication specializes in overseas relocations and is well aware of international real estate and local housing markets in many countries across the world. International Living ranked 194...