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France Sees Early Snow

With lots of early snow, the ski season looks to be a good long one in France. This is also sign for property sales in the region, according to one developer.“The first falls in the French Alps in October prompted potential buyers to get in the mood for skiing and think about having a place of their own on the slopes,” says Nathalie Turchet, UK sales manager of MGM French Properties. “The result is...

Nice France Sees Largest Price Increases

Over the past year, the French city of Nice has seen the biggest increase in property values across the country. This Mediterranean city has had even larger increases, percentage wise, than Paris. Experts have been shouting about the French market picking up for a while now. Trisha Mason from French properties specialist firm VEF said the number of Britons buying French property had dipped during the...

Camargue France Attracting Property Investors

Port Camargue is one of France’s prettiest destinations along the Mediterranean coast and offers wonderful opportunities for property buyers in southern France. Port Camargue is one of the biggest pleasure ports in Europe boasting 4,800 mooring spots. Its location in Aigues Mortes Bay and its close proximity to some of the most wonderful and unspoiled sandy beaches makes it an ideal place for numerous a...

New Dogus Marina Didim Turkey

The new Dogus Marina at Didim, on the western coast of Turkey has a capacity of 1100 yachts, and will be the largest marina of its kind in Turkey. Murat Yaprak, the Manager, said the marina will mainly attract luxury yachts, an important asset in tourism. "D-Marin Didim will generally host mega-yachts, between 75 and 100 meters in length," he continued, "It will have a capacity for 650 yachts at the pier...

IMF Reduces Forecast for Bulgaria

The International Monetary Fund recently reduced its 2009 growth forecast for Bulgaria to 2 percent. That’s a significant reduction from an earlier prediction of 6.3 percent growth for the country’s economy and is a result of the global economic crisis.   “The world economy is slowing and this will have two effects on Bulgaria: lower foreign demand and a drop in capital inflows, which have been an...

First Refrigerated Beach in Dubai

The world’s first refrigerated beach is set to be built in Dubai, so now the Emirate can add that to its many architectural wonders. The cooled beach will allow visitors to enjoy the waters off Dubai without having to worry about the hot sand. It is to be constructed next to the Palazzo Versace hotel, which is set to open in late 2009 or early 2010.   Soheil Abedian, president of Palazzo Versace, said:...

The Canary Islands Launch Tourism Initiative

The Canary Islands have launched a £1.26 million European promotional campaign. These gorgous islands off the coast of Africa have long been a popular spot for British holidaymakers and second home owners. The British Embassy calculates that nearly four million Britons visit the islands each year, and 60,000 live there.Much of the income for the Canary Islands comes from tourism, with Brits providing a...

US & Canada Real Estate Price Predictions 2009

Real estate prices are being forecast to decline in 2009 by the research house Global Property Guide. The latest international property reports indicates that house prices in the US are likely to fall further until end-2010 or mid-2011. Coastal states with huge housing overhang such as Florida and California are likely to experience the most prolonged house price slump.   The housing market’s recovery...

Museum of Islamic Art Opens

The Museum of Islamic Art opened recently in Doha, Qatar and is the home of the largest collection of Islamic art in the world. The I.M. Pei – designed structure has 41,000 square feet of galleries organized around a towering atrium capped by a dome. It sits on its own island that sets if off from the rest of the city and so it won’t be hemmed in by future construction.   Inside the grand, Cubist...

The Vietnam Property Market

Vietnam was setting the world on fire with its booming property market last year. Like many markets, though, it has been hard by the worldwide financial crisis and has taken a step back. There is still plenty of potential for this upcoming country and its housing market, but investors need to know what they are doing.Reported to have the second biggest potential for capital growth after China in both the...