Protesters in Thailand have stranded more than 100,000 travelers in the country and surrounding ones as they have taken over the two main airports in Bangkok. The city’s airports are a major regional hub, so not only are those who need to get in or out of the country in a bind, but so are many passengers from neighboring countries and locations that fly through the city.   The main airport is...

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...

1/12/08 London- The Pound has fallen sharply this morning, leading to worse exchange rates for those of you buying property overseas.Bank of England figures, out this morning, show that British mortgage approvals are still falling - despite aggressive interest rate cuts and government encouragement for more lending in the sector.Only 32,000 mortgages were approved in October, down 1,000 on September's...

Overseas property buyers purchasing Cypriot property may be unaware of the legal position regarding their assets if the die in Cyprus. Lawyers at Pro Act Partnership a legal company specialising in expat Legal & Tax advice has clarified the position that may surprise many expats with homes in Cyprus.   Cypriot law diifers with UK and other European laws when it comes to dealing with a persons Will....

Irish spend on real estate in 2008 is forecast to fall to €15 billion, down 60% from €45 billion in 2007 and a phenomenal 73% down from the peak of €54.4 billion in 2006 according to Joan Henry, Head of Research at Savills Ireland. This is one of the main findings of Property Outlook, Savills regular property commentary. Savills say it is imperative that the government and the banks take immediate...

The Australian property market may be over the worst as it sees a small percentage rise in house prices. The Australian online newspaper report that the Australian residential market prices are growing by 0.3per cent for the October quarter -- after falling for the past six months.   It may not seem much, but it is the first two consecutive months of growth since the housing downturn began, according to...

Normally, Orlando is a busy and expensive holiday destination for travelers and even those with second homes. But with the economic uneasiness this year, Florida’s vacation capital has plenty of good deals from hotels to resorts to airfares, and there are many great deals for those who want their own place in the sun.   Airlines are cutting prices to fill normally busy holiday flights to popular...

Property prices in Vietnam have fallen, particularly in the major cities of Hanoi and Ho Chi Minh City. According to some reports, the drop in prices has brought them back to be more in line with their real value, which may spark some interested buyers to return. Investors are encouraged by the local market conditions and encouraged by the situation.   Hotels and properties that serve the tourist market...

Tourism increases to Central American countries from Europeans is on the rise with the British leading the way. According to reports 50,939 Britons visited the region from January to June 2008, which is 11% more than in 2007, when 45,778 arrived during the first quarter of the year. The figures coincide with an announcement that a new promotional campaign is being undertaken by the Central American Tourist...