The final home of the King of Pop has been sold, four years after first being listed. The mansion where Michael Jackson met a premature death was originally put on the market for $38.5 million (ã24.1 million) in 2008 and has sold four years later for less than half the asking price. Keep reading to find out more about this luxury Holmby Hills property. 1.3 acre mansion finally sells for $20...
Australiaââ¬â¢s Reserve Bank has decided to keep interest rates on hold in November, despite many experts predicting a cut on the back of new house price figures. CommSec economist Savanth Sebastian had suggested that recent house price figures werenââ¬â¢t ââ¬Ëthe kind of data that will hold the Reserve Bank back from cutting interest rates.ââ¬â¢ However,...
The overseas property website Homesgofast.com reports that Spain is still one of the most popular places for the British to buy property abroad. A strong pound and falling prices means that property in Spain remains popular with British buyers, despite the countryââ¬â¢s economic woes. Homegofast.com findings are also in line with a new new report from the Overseas Guide Company. They found that...
If you have ã15.6 million to spend on a US property, you can now buy Brooklynââ¬â¢s most expensive family home. A one hundred year old Park Slope mansion has gone on the market for $25 million ââ¬â although it is also available for rent at a cool $65,000 (ã40,600) per month. The property, formerly the Montessori International School of New York, is being sold after...
For years, divorcing couples fought over who got the rights to the couplesââ¬â¢ overseas property in France, Spain or Italy. Now, however, falling property prices in the Eurozone are resulting in acrimonious arguments between couples desperate not to take on a ââ¬Ëtoxicââ¬â¢ property. The Daily Telegraph reports that ââ¬Ëtumbling property values in countries hit by...
If youââ¬â¢re looking for an unusual place to buy an overseas property, Costa Rica could be a location to consider. The Central American country is home to over four million people and, after some difficult years, is finally seeing its property market recover. Keep reading to learn more about property in Costa Rica and we highlight three areas that offer good potential. Costa Rica seen a...
There is a limited market for multi-million pound properties which is why itââ¬â¢s no surprise that celebrities often buy homes from one another. And, for superstar musician Alicia Keys, this has proved to be something of a habit. The Grammy winning star is rumoured to be in contract to buy Eddie Murphyââ¬â¢s Englewood estate having previously bought a Manhattan penthouse from...
Luxury property experts Unique Living offer tips and advice on the world's top high-end real estate hotspots. When it comes to high-end real estate in France, the French Riviera is the place to go. And for those sifting through the Riviera's finest towns, Vence is hard to beat. What makes the commune so special? This is all you need to know about buying luxury property in Vence: Vital...
If youââ¬â¢re thinking of buying a property in the Canadian city of Toronto then you could shortly face a higher tax bill. Property taxes in the Ontario city are set to rise thanks to a 22.8 per cent rise in the average value of a property in the city since 2008. With property taxes linked to the value of homes, this latest assessment is set to see Toronto property owners pay over 5 per cent...
Continuing economic problems in Cyprus may see foreign residents of the island hit by rises in two major taxes. The nation is currently negotiating the terms of an EU bailout to help finance its debts, following similar rescue packages for Greece, Ireland and Portugal. The Cypriot government is expected to announce significant tax rises as part of the austerity package, which will see both income and...