Construction on a new international airport on the island of St. Vincent has recently begun, with plans for completion in 2011. The new US $178 million airport will increase the ability of foreign tourists to fly directly to the 32-island Caribbean country, which is growing in popularity as destination. Along with the new airport, some are calling for increased investment in regional airlines as the larger...
The island of Ciova on the Dalmatian Coast of Croatia is quickly becoming a very hot area for international property investors. The island is 30 kilometers by way of road from Split, the largest city along the coast. It is near to the Split Kastela/Resnick International Airport (SPU), just a 15 minute drive, and has several popular resort areas for tourists. The town of Trogir is the gateway to...
Plans for one of the world’s most spectacular urban developments, the Mohammed Bin Rashid Gardens in Dubai, have recently been unveiled. This new green city project will cover over 800 million square feet of land, have four separate centers or houses, and incorporate new homes, educational, financial and commercial facilities as well as tourist attractions. It is being designed by internationally...
Property investors looking at Spain and its famed Costas have a new development to catch their eyes, the Costa Esuri Golf Resort. Begun in 2003, this massive development in Ayamonte, just a few kilometers from the border with Portugal, covers 6.5 million square meters of land and has 6,000 properties with two 18-hole golf courses. Much of the Costa Esuri project has been completed, with over 3,000...
The prestigious Asian Travel Awards were awarded at the end of June in Shanghai, with over 100 hotels, airlines, cities and companies taking away top honors. These awards are voted on by thousands of people from travel related businesses around the globe. In attendance at this year’s red carpet ceremonies were a number of high-profile guests, including Miss World, Chinese-born Zi Lin Zhang, and TV star...
Morocco’s first family-friendly resort, called Al Johara or The Jewel, is set on 156 acres just 20 minutes from Marrakech. Marrakech has become a popular destination for younger couples and trend-setters, with its exotic restaurants, winding old streets and new hotels. Now, families can enjoy Morocco and still be near the popular city with Al Johara. Award-winning architect Elie Mouyal is designing...
The Dominican Republican’s most popular and fastest growing tourist destination is Punta Cana, located on the easternmost part of the island. With an international airport that pulls in over 2 million passengers each year and beautiful white sands along the ocean, this destination has seen many new resort hotels and properties go up in recent years, with more in the works. The beautiful white sands...
Along the northern coast of Uruguay are some swanky resorts in what is known as the Uruguayan Riviera. But about an hour up the coast from the resort town of Punta del Este is a little village that is becoming increasingly popular with tourists and overseas property investors. The gorgeous and funky town of Punta del Diablo sits on little hill overlooking the Atlantic Ocean, and this low-key fishing...
With construction booming but a bit uncontrolled in Bulgaria’s capital city, Sofia Mayor Boyko Borisov issued a ban on new buildings in the Mladost Quarter for one year. The ban was in response to residents of the district, who complained and protested about the poorly planned and unchecked growth in their part of the city. The mayor’s order includes a ban on issuing new permits in addition to...
The Caribbean island nation of Turks and Caicos is a favorite destination for international property investors, and infrastructure improvements currently under way will make it more attractive than ever. In addition to being one of the safest Caribbean countries, these islands offer great weather year round, friendly people and a solid real estate market. Several new state-of-the-art hospitals are under...