The UK is host to an overseas property exhibition solely focused on the high end luxury real estate market. From a private island in the Bahamas to a Castle in Slovakia the exhibition is sure to get UK millionaires reaching for their cheque books.     The executive property Exhibition is to be held at London’s Excel, this coming Saturday & Sunday, 19 - 20 May. Unusually entry is completely free of...

A list of the top ten locations with the most expensive prime property in the world reads as follows: London, Monaco, New York, Hong Kong, Tokyo, Cannes, St. Tropez, Sydney, Paris and Rome.   As per the ‘Wealth Report 2007’ by estate agent Knight Frank and Citi Private Bank, London takes the top honors with prime property registering a cost of 2,300 pounds per square foot. Monaco comes a close...

The hike in home loans rates in India is having a slowing down effect on the property boom. In the last few years the interest rates on home loans has increased by about 3 percent.   Recently the premier ICICI bank hiked its interest rates for new customers by 50 basis points (0.5 percent). This meant that the current floating rate stands at 11 percent. One and half years back it was 7.5 percent. For...

  UK foreign exchange company Moneycorp (www.moneycorp.com) has recently expanded with a new office in Cyprus. The opening of this new office, their fourth overseas office to open in the last two years, signals confidence by the premier foreign exchange company in this growing market.   The Cyprus office for Moneycorp will offer local citizens and expatriates a full range of currency services. These...

  In a reaction to the recent interest rate hikes, records show that approvals for new home purchases in Britain fell by 12 percent in the month of March 2007.   Then British Bankers Association has drawn comparisons between the number of approvals for home purchase loans in March 2006 and March 2007. In March 2007 the total number was 75,098 loans approved. This was 10,000 less than that in March 2006....

South Africa is witnessing a slowdown in current house prices largely due to higher interest rates and rising debt. The prices continued to slow down through April 2007.   According to the Standard Bank monthly property gauge the annualized house price growth was 7.4 percent in April 2007 as opposed to 8.4 percent in March 2007. However the declining supply in the market could stall further...

  Walt Disney World’s Magic Kingdom in Orlando, Florida once again tops the attendance list for amusement parks worldwide. According to a report recently issued by TEA/ERA (http://www.connectingindustry.com/pdfs/TEA-ERAAttendance06.pdf), the Orlando area resort had an estimated 16.64 million visitors in 2006, up 3 percent from the previous year. Disney’s other Orlando area parks, Epcot, Disney-MGM...

The Florida housing market has never looked so appealing to international investors according to the overseas property portal Homesgofast.com. The UK based company has just returned from a week with realtors in the Miami and Central Florida area to see for themselves what's on offer to overseas property buyers.   Nicholas Marr CEO ‘ Our visit has shown us with our own eyes that buyers can achieve...

The Palm Jemeriah Development in Dubai continues to takes shape as more and more people move into their residences and construction continues. This man-made island development is one of the most unique residential developments in the world. 5 km across, it is located off the coast of Dubai, UAE and is in the shape of a palm tree with 17 fronds and an outer barrier island.   The 1.4 km sub-sea tunnel that...

International real estate investors with an eye for something different and potentially very profitable will be in competition with returning nationals in Pakistan. A new development in Pakistan just outside the southern port city of Karachi is under construction and will serve to put Pakistan real estate on the stage for international investors. Pakistan real estate has a lot to offer investors, including...