After a decade of great growth, Irish property has hit its lowest level in a number of years. Not long ago, five of the ten counties with the highest house-price growth in the UK over the past decade were in Northern Ireland, with County Armagh's prices more than trebling.Irish commercial property prices fell for the first time in five years during the first quarter of this year in what has been termed as...

Currency Index give their view on the foreign currency markets after speaking to clients who want to hold out for the best exchange rates, before transferring money abroad to pay for overseas property. A closer look at the economic conditions might make them think – would it be better to buy currency now?   1.       Severe Recession. The OECD are predicting the downturn to be “the most...

2nd Dec 08 London-Millgate Homes is opening a brand new development called Orchard Gardens of just ten 2, 3 and 5 bedroom homes off Rances Lane in Wokingham on Saturday 6th December. This ideally situated development is perfect for commuters who want a place outside the city and near to good schools, shops and restaurants.Sales Manager Mandie Whelan notes that “We are really excited about the launch of...

A new property development by Charles Church is now open in Swansea Point, Wales. Entitled Aurora, this new project already has apartments that are selling fast. The builder recently invited local business people and officials associated with the project to Aurora’s penthouse apartment for champagne and canapés to celebrate the grand opening.Kath Faull, Sales Director of Charles Church Wales, said:...

Emirates Airline is putting one of its new Airbus A380 airliners on the Dubai-Heathrow flight. Flight EK001, which departs Dubai daily at 0745 local time and arrives at Heathrow at 1135 hrs, will be served by the double-decker airliner, the largest ever built. The return flight for the plane will leave Heathrow daily at 1345 hrs and arrive at 0030 the next day.   Tim Clark, President, Emirates Airline,...

Spanish authorities are looking at continued problems with illegal housing, particularly in Andalucía. The southern region of the country includes some of the most popular tourist destinations, including the Costa del Sol, Costa de la Luz and the Costa Almeria. While illegal housing has been an issue in this part of the country for several years, the current investigation is focused on illegal houses in...

At least ten new private hospitals are on tap to be constructed in the Algarve Region of Portugal over the next few years. Hospital beds are expected to triple over the next five years with the primary focus on tourists and holiday travelers who visit the region or have second homes there.   The first of these new facilities is set to open in mid-2009 in Faro and will be part of the Grupo Hospital...

2/12/08 London-Sterling recorded its biggest loss against the Dollar since 1992 yesterday - falling over 5% in one day.Volatility on the equity markets, along with poor UK sentiment and speculation about interest rate cuts later this week, led to a terrible day for the Pound, although markets have been steady this morning.If you need to transfer money overseas, these are worrying times. The US Dollar...

The Mayor of London, Boris Johnson, has given the go-ahead for the new Tower Hamlets development on the site of St. Andrew’s Hospital in East London. The new property will be 27 stories tall and have 964 residential units as well as retail space and restaurants.   The new development is being undertaken by Barratt Homes in a joint venture with the London Development Agency. The property will have...

A 22-block stretch of west Manhattan is about to have a unique new park. The High Line is being created on top of the old elevated railway that runs along the Hudson River from Gansevoort Street to 34th Street. The park has helped to spur private investment, with about 1.5 million square feet under way and another 2.5 million square feet in the planning stages. When everything is finished, there will be...