A Spanish court has ruled that the demolition of a British couple’s Spanish home over supposed building irregularities was illegal. The home of Len and Helen Prior, who had retired to southern Spain from Berkshire several years ago, was demolished by authorities who were concerned with widespread planning law violations. The Priors insisted they had the correct planning permission issued by the town hall...

The Sunday Times recently published its annual list of the top 1,000 wealthiest people in the UK and Ireland. It shows that the wealthiest people in the country have had some £155 billion in wealth wiped out by the recession and declining property values. The top 25 of these whose fortunes are based on their property holdings were listed in Property Week, with a look at how the value of those holdings has...

The new Altinkum Didim Marina is set to open in May, 2009 and will provide even more reasons for property investors to look at this beautiful area of Turkey. Located to the west of the popular resort town of Altinkum, the new marina will have more than 600 berths for yachts and will also offer ferry links to nearby Greek islands.   The Didim region of Turkey is located along the southern Aegean coastline...

The Canadian Real Estate Association (CREA) recently released its predictions for 2009-2010, and it expects Multiple Listing Service (MLS) sales to decline in 2009 before rebounding in 2010. The organization does not use properties sold by the owner or through private listings in its estimates, but the trend is similar to what is being seen across the border in the US.   Nationally, MLS sales in Canada...

The Fourways Junction development is a new project being undertaken in Kenya’s capital city, Nairobi. Construction is underway and when complete it will have a total of 850 units within a gated property that will include offices, shopping areas, a hotel and a country club. The new project is located on Kiambu Road along the northern part of the city.   The project is being undertaken by the Suraya...

UK residents who are looking for an international property investment have been taking a closer look at Argentina in recent years. The market is still very affordable, particularly when compared to other hot spots and there are many nice homes available for reasonable prices.   According to one source, properties in the most sought-after neighborhoods around Buenos Aries can cost as little as one tenth...

A ruling by the European Court of Justice could affect the fast-growing market for second homes in the northern part of Cyprus. The court upheld a decision that a Greek Cypriot tribunal made. The original ruling called for a British couple to demolish their home in northern Cyprus, return the land and pay damages to the original Greek Cypriot owner, who left when the island was divided in 1974.   The...

The French real estate market, and in particular Paris, is doing well when compared to many other European destinations. Overall, prices across France fell by just 1 percent in the first three months of 2009. Prices in Paris have fallen from their highs in recent years, but the city has held its own when compared to other major cities.   The nicer and more expensive properties in the city typically...

The town of Fareham is located along the southern coast of England between Portsmouth and Southampton. With a strong need for affordable, quality housing, this town offers an excellent investment opportunity, not to mention a nice place to live. A tract of land in Whiteley Village has been identified by Landmark Developments and is also favored by the Fareham Council as an ideal place for new homes to go...

Singapore won the crown of Asia’s Maritime Capital at the fifth edition of the Asia Boating Awards. These awards were held at Le Royal Meridien Hotel in Shanghai on April 17. The event is sponsored by Blu Inc Media, which publishes Asia-Pacific Boating and China Boating magazines.   Olivier Burlot, managing director of Blu Inc Media, noted that “This is the chance for Asia to celebrate its...