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Celebrity Real Estate Security Upsets The Locals

In a bid to increase both privacy and security Hollywood actress Nicole Kidman has upset neighbours at her Australian country home called Bunya Hill after planting 150 Cypress Leylandii saplings trees to shield her house from celebrity spotters.   The reason the actress has gone to these lengths may be owing to a forthcoming wedding of her sister Antonia's which is expected to take place at the luxury...

Commercial Property Prices In London Bumpy Ride Ahead

23/12/09 London has seen steady house price rises over the last 12 months driven by a lack of property for sale in London. Investment analysts point out that London house price rises are not sustainable for 2010 and a dip is likely to be on the way.   Mike Keogh, investment analyst at Henderson Global Investors.  "The current rate of price appreciation in the U.K. is not sustainable," says Mike Keogh,...

UK House Prices Up and Down in 2010

22/12/09-UK house prices have been steadily increasing throughout 2009 owing to lack of supply and the trend is set to continue to the spring of 2010. The predication comes from The Royal Institution of Chartered Surveyors (RICS)   RICs also predicted that the number of property sales is also likely to rise to a monthly average of 70,000 up from the current level of between 55,000 and 60,000. 2010 will...

Victoria Leads Housing Market Recovery in Australia

21/12/09 The Australian state of Victoria is leading the national housing market recovery in Australia according to latest housing starts statistics.   Victoria is the second most populates state in Australia.  Bordered by New South Wales to the north, South Australia to the west, and Tasmania to the south, across the Bass Strait. Over 70% of Victorians living in Melbourne the state capital and largest...

Property Prices in Spain More Pain

21/012/2009 - Spanish property prices have not bottomed out and according to one Spanish bank property in Spain was over valued by 30% and have only dropped 10%. The biggest house price falls to come are likely to be in the holiday hotspots where many overseas buyers have bought and will be lead by the Banks.   Banks are now Spain’s biggest property owners having repossessed property as loans went...

Pre Launch of Motor Sport Property Investment

17/12/09- The Algarve International Circuit which was named "Motorsport Facility of the Year" by the 'Professional Motorsport World Expo Awards 2009 is to become an investment hotspot for international property investors. To kick start the investment twenty hotel units have been released for purchase from 16,500 Euros.    The Autodromo which is said to be costing €195 million (approximately $250...

Last Chance For Overseas Buyers to Buy Luxury Property in Australia

Marc Jackson can sell his luxury £1.8 million home to anyone in the world in the next two months. But in February 2010, Australian law will prevent hime from selling his property to an international buyer.   That’s because Marc has been living in his master built home since it was first completed 10 months ago. Therefore, in two months’ time, Australian law will re-classify it as an established...

Baghdad An Overseas Property Hotspot?

14/12/2009 - New investment laws mean foreigners can invest in land and housing in Iraq. Iraqi law is now positively encouraging overseas property investors to the region and have reduced red tape to make the process much easier.     Oil rich Iraq could well be an investment hotspot as the violence subsides and investors have the opportunity to acquire real estate at rock bottom prices. Iraq is banking...

Tiger Woods Wife Buys House in Stockholm

12/12/09-Tiger Woods' wife Elin Nordegren maybe moving from her luxury family home in Florida to the cooler climate of Sweden according to recent reports. Tigers wife has bought a house that has cost more than $2 million in Stockholm. The New York Daily News describes the home's location as "a small, secluded island reachable from Stockholm only by ferryboat.   The news of the new home in Sweden comes as...

Orlando Florida Lowest House Prices in Years

12/12/2009- Property prices in Orlando are at their lowest levels since 2001 with the average house price at $123000 (approx £75,650) according to reports from Florida based Orlando Sentinel. The news comes as the Orlando Regional Realtor Association report that  home sales have doubled from a year ago International investors and those seeking to buy a second home in the sunshine state seem set to get...