Built around the world’s tallest building, Downtown Burj Dubai is shaping up as the cultural and business centre of this rapidly rising city and Emirate. Combining the best of modern Dubai and the Old Town with its street level markets and low rise housing, this community will be at the heart of the new Dubai.   The Burj Dubai is already the tallest building in the world, surpassing 512 meters, and is...

The boom in the Scottish housing market is slowing, and some think it is coming to an end, according to recent news reports. Figures in the latest quarterly housing report from Lloyds TSB Scotland, as reported by the BBC show a slowdown in price increases, but an increase overall.   The second quarter of 2007 saw prices fall in Glasgow by 1.2% and Aberdeen by 1.4%. In the south east outside of Edinburgh,...

Foreign Exchange Specialist Moneycorp report that the Dollar fell back in a game of three halves. Sterling remained steady on Monday and Tuesday, remaining within a cent of its $1.9850 opening level. It moved ahead until Friday, peaking above $2.0150, then slid lower in quiet trading over the bank holiday. It opened in London this Tuesday at $2.0050.The US Dollar's principal problem last week was that...

 The average price for a UK home continued to rise in July, according to the latest price survey from Halifax bank, as reported by the BBC. House prices went up by.7% across the UK in July. While prices are still increasing, this is the fourth consecutive month to see an increase lower than 1%.   On a yearly basis, the average home price has risen 11.2% over the past year. The price of house in the UK...

The trend for selling houses on the internet appears to be on the increase as Private Seller or 'For Sale By Owner' (FSBO) websites fight for sponsorship advertising space on Google Search. A  search conducted on the 27th August 2007 for search terms  ‘Sell My Property’ reveal over 90 FSBO websites fighting for exposure on Google sponsored advertising space.   The trend for selling property online...

The northern coast of New South Wales is riding the boom in Australian real estate, luring plenty of people to traditional resort towns such as Coffs Harbour and Port Macquarie. The Sydney Morning Herald and the CourierMail recently noted trends that indicated people are moving to these coastal areas out of the larger cities like Brisbane and Sydney. These trends are also driving increased international...

Recent figures released by the UK government show that 365000 Brits left the UK for to live in another country. The majority have settled in countries such as Australia, Spain, France, New Zealand, USA, Canada, Netherlands and United Arab Emirates. This mass exodus is the biggest since records began in 1991.   A closer look at the figures released by the UK’s Office for National Statistic showed that of...

Home prices in Sydney fell somewhat in the last quarter, but rents have not. As the housing market has risen over the past several years, renting has become more and more popular. As a result, rental prices have continued to rise, even as housing has slowed a bit. Real estate investors, both domestic and international, have been reaping the rewards of Sydney’s market and now are looking at the rental...

The Cappadocia region in central Turkey has long been a favourite tourist destination for its unique rock formations and spectacular caves. There are underground cities where locals lived for years in many towns, including Derinkuyu, Güzelyurt, Kaymakli, Özkonak. The Hittites were the first to excavate and live in these caves, but they were used for centuries to protect the residents from invading...

Its official Turkish Tourism is on the up as international visitors are attracted to the Turkish climate, lifestyle and quality holiday resorts. Overseas property professionals have also seen a rise in Turkish Property buyers seeking to secure a home of their own in Turkey.   The Turkish Statistical Board recently announced that 9.6 million tourists visited Turkey in the first half of 2007, bringing in...