Nicaragua tourism industry has become one of the countries major factors in its increased economic success. During the last 10 years, the tourism industry has been one of the most dynamic of the Nicaraguan economy, reporting an annual average growth of 13 percent in visits and 11 percent in tourism receipts. Additionally, investments in this industry in 2007 grew 14 percent in comparison to 2006, reaching...

A new report from the Luso-German Chamber of Commerce indicates that German businesses are more satisfied in Portugal than in other European countries. The head of the chamber, Patrick Schwarz noted that “around 85 percent of German businesses in Portugal are satisfied with their choice of location, in comparison to 80 per cent of businesses in France, and 78 per cent in Spain and Italy.”   The survey...

The owner of Sheraton hotels has plans to spend €4 million in the final months of 2008 and 2009 to renovate its Polish properties and to launch a spa in Sopot. Starwood Hotels and Resorts, which owns Sheraton, indicates that the spa in Sopot, along the Baltic Coast, will be the largest in the region. Sopot is just up the coastline from Gdansk   "The center will be launched in the middle of 2009. It will...

Prices for homes on Dubai’s Palm Jumeirah Island have fallen significantly over the past several months, with some dropping as much as 40 percent. A four bedroom villa on the island is selling for 10 million UAW dirhams, or approximately £1.8 million. That’s down from 15 million dirhams in September, according to some property sources.   The Palm Jumeirah is the largest man-made island in the world,...

Research conducted by the uSwitch web portal indicates that Spain has the highest quality of life amongst 10 EU countries. The UK-based company specializes in comparing and analyzing data on prices and living costs in England and throughout Europe.   Following Spain were France, Germany, Holland, Denmark, Sweden and Italy. Poland came in seventh with Britain and Ireland finishing up the rankings. The...

As home prices fall and the real estate market in the UK stumbles, there are a few places where homeowners can still demand a lot for their properties. Forbes.com has a list of the most expensive post codes and the top five are all within London.   SW1X in the exclusive Knightsbridge section of the city leads the list as the most expensive post code of the country. Prices at One Hyde Park and...

The Walt Disney Company is currently in negotiations to build a new Disney theme park in Shanghai. The company and the municipal government of Shanghai are currently working out plans for such a park. The initial project ideas have been forwarded to the Chinese central government for approval.   The current plans have the new park located in Shanghai’s Huanglo district, which is near to the Pudong...

The Algarve region of Portgual is the destination for many holiday travelers and home buyers. The resort development of Vilamoura is one of the newest residential towns of this region, and in the heart of Vilamoura is the Condominio do Pinhal. This exclusive luxury development has both townhomes and apartments and is very exclusive.   There are only 10 townhouses at Condominio do Pinhal and 18...

Cape Verde West Africa is without doubt an up and coming place for international real estate investors and to prove it one property developer has bought two Boeing 747s to fly people to its luxury resort.   Flash Group Developments who are behind the stunning Palm View Resort Cape Verde will be running their own airline direct to Boa Vista Cape Verde. The airline will be named after company director...

In the US celebrities have been making the news regarding various aspects concerning their luxury real estate. Famous US stars include Denis Richards, Peter Sampras and Suzanne Somers. Actress Denise Richards Famous for her near epic divorce and custody battle with now ex-husband Charlie Sheen more so than for any film roles she has had, Denise Richards is selling her home in Los Angeles. The five...