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Northern India Property Investment Hot Spot

The northern India state of Uttaranchal, or Uttarakhand as it is now officially called, is quickly becoming a popular spot for international real estate investors. The first phase of one off plan investment project sold out in 5 hours.  The region has long been a jumping off spot for tourists to the Himalayas and the northern part of India, and now it is seeing investment in manufacturing  due to...

Worlds Largest Overseas Property Exhibition A Place in the Sun Live

Being promoted as the world's largest overseas property exhibition ‘A Place in the Sun Live’ in association with Moneycorp is taking place in the UK at Birmingham NEC on Friday 28th to Sunday 30th September 2007.    The show will have over 400 exhibitors covering 40 countries and thousands of international properties. The shows will also contain 24 free seminars hosted by independent experts such as,...

Dubai Rotating Skyscraper Turns Heads on YouTube

In a city where almost anything is possible, yet another improbable building is ready to take shape. A 60+ story tower will have individually rotating floors and be powered by wind turbines located between the floors. It is currently scheduled to begin construction in 2008 and be completed some two years later.   Perhaps even more amazing, this is not even the first rotating skyscraper to be announced...

Good Time To Buy Luxury Homes In New Zealand

While news from New Zealand indicates the overall market is fairly quiet, homes at the high end of the spectrum are selling as well as they ever have. The New Zealand Herald reports that the most recent confidence survey released by BNZ chief economist Tony Alexander showed that the housing sector is slowing, but high end homes are selling fast.   Many people in the existing home market have noticed that...

Portuguese Silver Coast Draws Sports Fans and Buyers

The Silver Coast of Portugal, located between the northern city of Porto and the capital of Lisbon, is one of the more popular places for international real estate investors in this country. A new country club and golf courses by Seve Ballesteros and Pete Dye are in the works, and international equestrian star Jessica Kuerten has just opened a new equestrian center   Current British Open champion Kuerten...

Young British Home Buyers Head For Bulgaria

Almost a third of properties in Bulgaria are being bought by foreign nationals with 20 to 35 year-old Britons now a big proportion of Bulgarian real estate buyers. According to reports Bulgaria has seen a significant increase in the numbers of 20 to 35 year-old Brits buying Bulgarian property. They now account for a fifth (20%) of all UK buyers and are prepared to pay more for their property.   The...

Real Estate Construction Comes to Belize

The Central American country of Belize, which has been a hidden retreat for the most die-hard adventurers and nature lovers, is showing signs of moving into the mainstream. Several new construction projects are either under way or planned for the former British Honduras. According to the International Herald Tribune, the new projects include the Smuggler’s Run Plantation north of Belize City and Ara...

Russian Real Estate Grows St. Petersburg & Island New Holland

The island of New Holland in the northeast Russian city of St. Petersburg was created by the convergence of two canals constructed by Peter the Great in 1721. For many years it has stood silent and underutilized, shrouded in mists and secrecy. Now, it is on its way to becoming a major redevelopment story in this historic city. This 18.8 acre mixed-use project will have cultural, retail, hotel and...

Moneycorp advise on Sterling & Base Rate Cuts

Specialist Foreign Currency dealers Moneycorp report Sterling started last week at the psychologically important $2 level. It was not until Thursday that investors made up their minds to take it higher against the ailing Dollar. By this Monday's London opening it had recovered to $2.0250.The Dollar added another week of underperformance to the four that preceded it. The woes of the US residential property...

House Prices Rising in Canada

Canada House prices have shown signs of a continued strength despite  worries across the border in the United States. The Canadian Real Estate Association (CREA) has predicted record numbers of sales for 2007 and increasing prices for existing houses. With the rising prices, many people are looking to invest in property, either to build now or for future use.   The Canadian financial newspaper The...