A new luxury resort development along the Silver Coast in Portugal is drawing interest from international real estate investors. Bom Sucesso Design Resort and Spa, located outside of Obidos, has just opened a showroom in the Knightsbridge section of London. This new development is being constructed around a championship golf course and also hosts many amenities for guests and home owners. The architect...
Dublin Solicitor Michael Lynn was brought before the High Court in Ireland on charges that he used clients’ money to purchase overseas property and draw down some €26 million in loans, according to news reports. Mr. Lynn was the solicitor for Proper T Capel and Kendar Holdings Ltd. and owned over 100 properties, with some 40 in Slovakia, Bulgaria, China, Spain, England and Dubai. The Law Society...
Florida, 18th October 2007 – GE Money’s British Mortgages Abroad, the most popular mortgage lender with British homebuyers in Florida, is no longer accepting mortgage applications. In a surprise announcement on Friday, GE Money advised US brokers by email that British Mortgages Abroad would not accept any mortgage applications received after close-of-business that day. GE Money’s Duncan Berry...
Over the past few decades the Emirate of Dubai has undergone a stunning and improbable change. From a small, oil-dependent part of the UAE, Dubai has become a world-class city and tourist destination with some of the most ambitious and impressive buildings and construction projects in the world. This transformation can be seen in a unique set of images that Nakheel, one Dubai’s largest real estate...
Just across the East River from the skyscrapers – and their equally tall real estate prices - of Manhattan is Brooklyn. This borough, still part of New York City, has long bee seen as an affordable alternative to the high prices in downtown New York on Manhattan Island. Some neighbourhoods have become quite popular and now rival the more expensive places in the city, but for many people who want to live...
Central and South America are increasingly popular locations for second homes, with good prices, plenty to do and warm weather in abundance. With the rise in second homes has come a new business – the home-buying vacation. Vacation and tour operators have realized there’s a big opportunity for those who want to search for a second home, but don’t want all the hassle of doing everything on their own....
One of the main elements that overseas property investors look for in an emerging real estate market is accessibility. The recent news that Cape Verde is now even easier to get to is set to have a positive effect on the housing market on the islands. TACV, the national flag carrier of the Cape Verde Republic recently announced that they will be flying direct flights from London Stansted to Cape Verde from...
The owners of a luxury home with a guide price of 5 million pounds located in Essex UK have decided to sell the house themselves online. The move would potentially save the owners almost £100,000 in UK estate agents fees. The unique for sale by owner property offers some very outstanding features and is being billed as the largest home recently built in the South East of England. Homesgofast.com which is...
London 15th October 2007-Sterling explored a range of almost two and a quarter cents, first dropping to $2.0250 then rising to $2.0475 before falling back to Tuesday's low. On Friday it added a cent to open this week 50 ticks lower than a week ago. Japanese, Canadian and US holidays made for a thin market last Monday. It set the tone for a week of indecisiveness that included several changes of...
Investors in Berlin property will be pleased to hear that Berlin is will be even accessible from January 2008. Lufthansa has added a new route from London City Airport to Berlin-Tegel. Overseas property investors have been attracted to Berlin a city that houses a population that prefer to rent rather than buy. Its strong rental market is made even more attractive by its low priced real estate...