London 22nd November 2007-The need for due diligence checks on overseas property developers was highlighted today when an Australian property developer received a four year jail term for fraud. Robert Orehek, a Sydney-based property developer pleaded guilty to two charges of fraudulently misappropriating investors’ funds. He raised $20 million from investors and used the funds largely to pursue a James...
The appeal of Brazilian property to the UK buyer is so strong that one company is capitalising on this by setting up in central London. Brazil Property Advisors which is staffed by Brazilians have over 30 years experience in Brazil real estate and see the UK as a strong market to enter. Brazil Property Advisors Spokesperson Eileen Doyle ' Since Brazil is still an emerging property market, we guide UK...
Western New York Real Estate is offering extreme value for money for overseas property investors. One UK based agency has now sold over 100 Western New York homes to UK investors who are keen to get in on the action. Homes are available from only £10,000 and coupled with a strong pound the state is proving irresistible. When it comes to real estate prices and growth the western part of New York State...
News reports from the United States provided some much needed good news for the beleaguered housing market. Sales of new homes were up 4.8% for the month of September, rising to a seasonally adjusted rate of 770,000 for the year from the August rate of 735,000. The latest figures are according to the US Commerce Department in news reports from Reuters. The median price for a new sold in September rose...
UK TV show Property Ladder has been one of the most popular property television shows in the UK for years; it has helped satisfy the UK hunger for property related TV shows. The presenter Sarah Beeny 35 is now a household name and her advice is sought by investors who are about to embark on investing in real estate. Sarah Beeny is now capitalising on her position by launching her own dating website. The...
Celebrity couple Brad Pitt and Angelina Jolie have joined the thousands of international buyers in securing Property in Dubai. The film star couple have spent a little more than the average investor by buying an island in the shape of Ethiopia. The purchase is made alongside other celebrities who want to be part of the next big thing in overseas property. Dubai has been a consistently popular place...
France has consistently been a favourite amongst the British middle classes buying property abroad. Buyers range from the well-healed looking for a bolt hole in the French countryside to those searching for the ideal place to retire overseas. However France is now attracting a new type of French property buyer. Overseas property portal Homesgofast.com reports that 2007 has been the year for the UK first...
The northeast coast of Brazil is quickly becoming a popular destination for international travelers and real estate investors. Ideal temperatures year round, miles and miles of white beaches and oceanfront property and low costs all make for an ideal location. On top of all that, it is a destination for some of the biggest stars in the country to have their own holiday getaways. The city of Natal in the...
The New York City real estate market is seeing an influx of investors from abroad, helping to keep the market going strong. Many of these overseas property buyers have no intention of living on Manhattan, where most of the property is being purchased. Rather, they see it as a good opportunity for rental income and a long term investment that will appreciate. An article in the New York Times highlights...
FIFA, the international football federation, has recently announced that Brazil will host the World Cup Finals in 2014. The country, which has won the tournament a record five times and hosted it in 1950, is set to undertake massive renovations and infrastructure projects to be able to host the competition. The Brazilian soccer federation estimates that the cost of construction and remodeling of...