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Index Reveals Panama is Top For Retirement

The brand new 2012 Retirement Index from International Living has found that the country comes second only to Ecuador in terms of its property prices, cost of living, healthcare and climate among American retirees. Panama City offers beautiful apartments from only $90,000 (£57,900) and other locations in the country are even cheaper.  Keep reading to learn more. Panama City offers great value...

Spanish Property Boost Comes From Golf in Girona

Good news from the Spanish housing market has been in short supply until now, an independent study reveals that Girona was the best performing region for Spanish real estate.  The independent report comes from Madrid based Sociedad de Tasación.   So why Girona? It may be down to the luxury golf and real estate development PGA Catalunya. The resort reported impressive sales and increased demand...

No Credit Russians Make Global Property Boom?

Bucking the global trend in both economic slow down and failing housing markets it seems are the Russians. Russia have just announced their lowest Consumer price inflation in Russia of 6.1 percent in 2011, the Federal State Statistics Service (Ross tat) reported recently. The Russian government has been struggling for years to achieve low-digit inflation, in order to create a favorable...

Bond & Girl Spend Millions on New York Apartment

Celebrity gossip does not get better than this after a highly private romance and six months of wedded bliss, James Bond star Daniel Craig and his wife, actor Rachel Weisz, have bought an $11.5 million property in Manhattan. The couple have spent £7.5 million on the penthouse in New York City after an exhaustive search for a marital home, according to reports in the New York Post. Weisz...

Why Australian property confidence is up

A new survey has found that property market participants have more confidence in the prospects for homes in Australia’s resource-rich regions than in other areas of the country. The survey found that ‘there was increasing divergence in property industry confidence across the states with confidence highest in the Northern Territory. Confidence growing fastest in Northern...

Time to buy in Spain?

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Britain’s Got Talent star buys new country home

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Latest Euro Exchange Rate Update

  The Euro has continued to perform poorly this week, although not without minor signs that the currency is stabilising. The European Central Bank (ECB) yesterday voted not to change interest rates, leaving them at 1.0%, although ECB President Mario Draghi admitted that the Eurozone was experiencing “High uncertainty and downside risks”, fuelling further speculation that...

EURO HITS 16 MONTH LOW

The Eurozone has taken yet another beating this week, due to concerns over the state of Europe’s banks. Many of the problems seem to be situated in Italy, with shares in the UniCredit bank falling 14.5 pecent on Wednesday, followed by a 17.3 percent fall on Thursday, a 19 year low. In other European banking news, we’ve also seen falls in shares in...