The Queen Elizabeth 2 is making its final trip as it heads toward its new home in Dubai. The grand old ocean liner is the oldest ship of its type still in activity and has been the flagship of Britain’s Cunard Lines since it entered service in 1969. On Monday, November 17 the ship will makes its last visit to Italy, stopping in the port of Naples. In its 39 years at sea, the QE2 has travelled over...
When most houses in the UK are losing value one home is actually increasing at an enormous rate. This house is the former home of footballer celebrity David Beckham, the property which should have a price tag of about £250,000 has been put on the market for a staggering £850,000 The house is an average terraced home situated in Leytonstone East London, it comprises of three bedrooms and was the place...
Developer Hoffmann İnşaat has announced that it will construct the Palms Studios condo/apartments on 6,000 square meters of land in Bomonti. The Palms Studios will consist of 320 apartments, ranging in size from 35 square meters to 160 square meters. There will also be a shopping area plus sports and spa center. The Bomonti area of Istanbul, located in the Sisli District, takes its name from the...
On the southwest coast of Barbados the new Ocean Two condominium hotel is rising over the Caribbean Sea. When complete it will have six floors with a total of 72 one and two bedroom units. This four star property is now selling at pre completion prices starting from £284,000. It is expected that Ocean Two will open for business in early 2010 and will provide owners with rental returns immediately on...
Property prices in one of Dubai’s most exclusive developments are falling, according to reports from the Emirate. Downtown Burg Dubai, the development surrounding the Burj Dubai tower, has seen prices drop substantially in the past several months, in some cases as much as 22 percent. “Downtown Burj Dubai had quite a sharp spike in pricing. Anything that has a sharp spike is open to a correction if...
Overseas property portal Homesgofast.com reports a surge of interest in its UK and overseas property by Indian investors. The majority (47 %) of registrations for a recently launched UK distressed properties service came from Indian based property investors. Homesgofast.com is working with Cinch Properties Group who specialize in sourcing residential and commercial distressed properties across the UK....
Simon Baker the former CEO and Managing Director of the Australian online real estate company realestate.com.au Ltd (also know as the REA Group) explains his views concerning Rightmove and Propertyfinder.com two of the UKs most powerful property websites. The article entitled ‘Why Rightmove should acquire Propertyfinder’ was recently published at Property Portal Watch a specialist website aimed at...
12/11/08 London-Sterling slumped to a fresh all-time low against the Euro in early November, further to the Bank of England’s shock 1.5% interest rate cut and a raft of negative economic news in the UK. For buyers of property in France, Spain or elsewhere in the Eurozone, that means spending more for the same amount of Euros than before. Exchanging currency for a €200,000 property would have...
Tourism in Egypt has experienced another good year to date. The first half of 2008 saw a 25% increase in tourist arrivals, according to Egypt’s Minister of Tourism Zohair Garana. The number of arrivals has increased from 9.8 million to 12.3 million. A major reason is the increase in budget and charter flights from European countries, which has helped to keep costs down and make the country easier to get...
The FIFA 2010 World Cup is expected to inject as much as £1.5 billion into the South African economy, according to analysts. This will come as tourists and visitors from abroad fill the stadiums, restaurants and hotels of the country. It will also come about as a result of the investments in infrastructure that are taking place across the country to get ready for the finals. The upgrading of...