Homes Overseas Magazine which has been going since 1965 see Slovakia as one of the 2009 hotspots to buy overseas property. In December’s edition the UK based overseas property magazine highlights Slovakia as offering great potential for property investors.      Homes Overseas Magazine is specialist overseas property magazine offering y independent advice and ideas on all aspects of the...

Several new wind farms are being planned for Brazil’s northeastern states over the next few years. The firm Ventania, which is owned by Portuguese and Brazilian energy companies, plans to construct 11 new wind farms at a cost of some 1.2 billion Brazilian reals, or approximately US$ 520 million.   Five new wind farms are planned for Ceara, four in the state of Piaui and two will be in Rio Grand do...

The number of existing homes sold in Canada has dropped considerably in the third quarter of 2008 and into the fourth quarter, according to the Canadian Real Estate Association (CREA). Sales of existing homes in October fell 14 percent across Canada from September, marking the largest monthly decline since June, 1994.   Seasonally adjusted residential sales throughout the country were 32,048 units in...

21/11/08 London-Specialist foreign exchange brokers Currency Index have reported an increase in UK owners of overseas property selling up and cashing in on record Euro exchange rates. The Euro is currently 18% more valuable against the Pound than a year ago – up from 71p to over 84p currently. Brits who bought property in Europe in January 2007 bought at 66p and have seen a 26% increase in the value of...

20/11/08 London-This morning’s UK Retail Sales figures showed a 0.1% drop in October – which was much better than analyst’s predictions of a 0.8% drop. Despite the better than expected figures, Sterling exchange rates have failed to improve. Normally, positive figures would boost the Pound – and after all, Retail Sales are still up on last year. Why the lack of improvement? Perhaps some...

The struggling UK property market will be boosted by further interest rate cuts and a suspension of stamp duty is the message coming from a survey of British estate agents. The survey by the National Association of Estate Agents (NAEA) also indicated that confidence in the British government was at a low with more than half – 54 per cent – of estate agents surveyed stating that  they did not have...

A new agreement between Malta and Ireland is set to have a positive impact for overseas property investors and those seeking to trade between the two countries. Malta and Ireland have signed a convention on double taxation which aims to avoid double taxation and to prevent fiscal evasion. It is expected to have a positive impact on commercial activities between the two countries.Malta’s Foreign Affairs...

The Brazilian Association for the Real Estate and Tourism Development in the Northeast Brazil (ADIT Nordeste) will be exhibiting together with the Brazilian Ministry of Tourism, at the Overseas Property Professional Live Exhibition (OPP Live) taking place in London on 24th & 25th November 2008. The aim of the Brazilian association is to send a message to international real estate professionals...

The Polish capital of Warsaw is seeing a new building rise in the heart of the city that will be the most luxurious living space in the country. The Zlota 44 is a 54 floor tower that will hold 251 luxury apartments plus retail spaces and parking. This iconic building is being designed by well-known, Polish-born architect Daniel Libeskind. It will also include a 25 meter indoor swimming pool, sauna, spa,...

Since being awarded the 2014 Winter Olympics, the Russian city of Sochi has seen a massive increase in development and investment. The Black Sea Resort town has long been a popular place for Russian holiday travelers, but now it is seeking to become a destination for international travelers and winter sports enthusiasts.   Russian Prime Minister Vladimir Putin promised to invest some US $12 billion in...