Halifax Estate Agents announced new figures that see a huge rise in the sale of Million Pound Homes in England and Wales. In fact figures have doubled over the past 12 months. Halifax Estate Agents, said there were 7,076 home sales in excess of £1m during 2006, up 97% on the 3,600 recorded in 2005. The bulk of million pound homes are from central London. Postal...
Malaysia’s property market will become markedly more appealing to investment buyers as of the first of April when the country eliminates capital gains tax on all property deals. Whilst sellers are currently obliged to pay 30% tax on the profit made on a property, Prime Minister Abdullah Ahmad Badawi recently announced plans to abolish the levy. It is hoped that this decision will...
Victoria Beckham and kids Brooklyn and brother Christian hit the slopes in the French ski resort of Courcheval this week having taken a break from property hunting in the US. Maybe like many British holidaymakers she is considering buying property rather than renting accommodation in French resorts . Many Brits choose to buy property in the year-round resorts of the...
USHE Overseas mortgages specialists have secured mortgages lending for non nationals wishing to buy property in London UK. The company have witnessed increased demand for UK real estate owing to the forthcoming London Olympics USHE can now secure lending in the UK to individuals residing in FATF countries. These include Argentina, Australia, Austria, Belgium, Brazil, Canada, Denmark, Finland,...
The attraction of Indian real estate is now in no doubt after an international investor pledged to put millions of pounds into the Indian real estate sector. Overseas property investors now see India as a good place to invest in global real estate. The recent announcement was made by Suchit Punnose, Director Investments of Red Ribbon UK Fund and pays sentiment to the attraction of India for...
March 31, Dubai, UAE - The Dubai World Cup horse race is set to take place here today at the Nad Al Sheba Racecourse. This is the world’s richest horse race with a purse of US$6 million. Not far behind that are the US$5 million Dubai Duty Free and the US$5 million Dubai Sheema Classic, the world’s richest two turf races. Three other races round out the day of racing, making it the most...
Chris Tarrant and his divorcing wife Ingrid have been revealed as shrewd property investors with enormous wealth. The property portfolio they have between them would be the dreams of any winner of Chris Tarrants hit TV show ‘ Who wants to Be a Millionaire’ The couple split last year over his seven-year affair with teacher Fiona McKechnie and are trying to reach a financial...
The real estate boom across the United States over the past several years slowed considerably in 2006. The slowing market has meant that in certain areas there is an oversupply of new and resale properties on the market. In one of the hotter markets in recent years, South Florida, this is quite true. For international real estate investors, retirees and those just looking for a property in the sun, this is...
Barbados to Host Cricket World Cup Final The Caribbean nation of Barbados is set to host the Cricket World Cup final match on April 28, 2007. The semi final matches will be hosted by Jamaica and Saint Lucia on April 24 and 25, with the winners advancing to the final in Barbados on the 28th. Barbados’ historic Kensington Oval will host the championship match. This stadium is...
On the West End of Grand Bahama Island a new international resort is being constructed by Ginn Resorts. This $4.9 billion development has been named Ginn sur Mer and will sit on nearly 2000 acres along the westernmost peninsula of the island, surrounded on both sides by the Atlantic Ocean. This resort will be the largest development ever seen on the islands and will add to the...