Overseas Property News

Essex TV Star To Become Lord of the Manor

Tue, 07 Feb 2012 00:00:00 +0000

A reality TV star has plans to become Lord of his own Manor buy buying land in his native Essex. The former The Only Way Is Essex star Mark Wright has apparently told friends that he wants to find a...

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Owning a home now cheaper than renting in UK

Tue, 07 Feb 2012 00:00:00 +0000

If you rent your property then you will be £1,400 worse off than someone who owns their home, according to a new study. Falling house prices, cheaper mortgages and increases in rents now mean that it...

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Prices of property in India remain strong

Fri, 03 Feb 2012 00:00:00 +0000

Recent figures from the Reserve Bank of India have found that property prices in the country have remained remarkably resilient in recent months with price rises in the third quarter of 2011 rising...

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Gordon Ramsay buys luxury Beverley Hills home

Fri, 03 Feb 2012 00:00:00 +0000

Hell’s Kitchen star celebrity Gordon Ramsay has reportedly splashed out £4.3 million on a family home in Los Angeles as his career in the US goes from strength to strength. The Daily Telegraph...

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Index Reveals Panama is Top For Retirement

Mon, 30 Jan 2012 00:00:00 +0000

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...

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No Credit Russians Make Global Property Boom?

Sat, 28 Jan 2012 00:00:00 +0000

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...

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Spanish Property Boost Comes From Golf in Girona

Sat, 28 Jan 2012 00:00:00 +0000

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...

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Why Australian property confidence is up

Fri, 27 Jan 2012 00:00:00 +0000

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...

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Bond & Girl Spend Millions on New York Apartment

Fri, 27 Jan 2012 00:00:00 +0000

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...

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Time to buy in Spain?

Tue, 17 Jan 2012 00:00:00 +0000

While there has been plenty of apocalyptic coverage of the Spanish property market over recent years, new figures show that the decline in property prices is perhaps less severe than many think. A...

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Britain's Got Talent star buys new country home

Mon, 16 Jan 2012 00:00:00 +0000

With her second child on the way, Britain’s Got Talent star Amanda Holden and her record producer husband have bought a new country home for a cool £860,000. The property is in the increasingly...

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Embraer Leads Brazilian Aviation Industry to Banner Year in 2011

Mon, 16 Jan 2012 00:00:00 +0000

Brazilian Aircraft maker Embraer saw a 28% growth in sales of its E-jet line alone, delivering 204 jets and leaving a backlog of 249 firm orders worth more than US$15 Billion. Though Embraer is...

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Latest Euro Exchange Rate Update

Sat, 14 Jan 2012 00:00:00 +0000

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,...

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EURO HITS 16 MONTH LOW

Fri, 06 Jan 2012 00:00:00 +0000

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...

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Brazil`s Unemployment Lowest On Record at 5.2%

Tue, 03 Jan 2012 00:00:00 +0000

RIO – Brazil´s unemployment rate hit a Record low of 5.2% in November, compared to 5.8% in October and 5.7% in November 2010, according to the goverment´s Bureau of Geography and Statistics (IBGE.)...

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Brazil Passes UK Taking 6th Place in World Economy Ranking

Tue, 03 Jan 2012 00:00:00 +0000

Brazil notched up from 7th to 6th place in global ranking of DGP passing UK despite weak growth of just 3% in 2011. 2012 is also forecast to be weak with growth only around 2.5%. Economists of CEBR...

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2011 Investments Show Third Worst Stock Market Performance Since 1994 '� Real Estate, Gold lead

Tue, 03 Jan 2012 00:00:00 +0000

The only investments to end the year in negative territory were shares listed on the São Paulo Stock Exchange (Bovespa,) finishing with a loss of 18.11% for the year. Exchanges worldwide fared little...

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19 New Millionaires a Day in Brazil, Since 2007, According to Study

Tue, 03 Jan 2012 00:00:00 +0000

While Wall Street and The City are beleaguered and “Occupied,” Brazilian financial markets are expanding and Foreign Direct Investment finished 2011 at a record US $65 Billion. “Nobody wants to miss...

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Cheap property abroad keeps attracting buyers to Spain

Thu, 22 Dec 2011 00:00:00 +0000

The number of property sales in Spain increased in the third quarter of 2011, according to the latest reports.Unlucky number 14 The Housing Price Index, published by the National Statistics Insitute,...

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Brazilian Aircraft Maker Embraer Flies into China with Jackie Chan on Point

Wed, 21 Dec 2011 00:00:00 +0000

Hong Kong Born Jackie Chan will be s public face as the aircraft maker prepares to launch its Chinese Factory by March of 2012. Embraer recently delivered its first aircraft built at its US factory...

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Embratur Sees Record 5.4 Million Foreign Visitors by Year End

Wed, 21 Dec 2011 00:00:00 +0000

Brasilia- Flavio Dino, president of Brazil´s Ministry of Tourism, Embratur, Said that the number of foreign visitors to Brazil would set a record 5.4 million visitors beating the previous high mark...

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There aren't many celebrity homes for sale like this

Wed, 21 Dec 2011 00:00:00 +0000

The house owned by Holly Golightly is now for sale in America. The building, which is famous for its “wild cocktail parties” has an asking price of $5.85 million, a figure boosted by its starring...

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Beckham house blows Â£35k on Christmas trees as Paris agents close in

Tue, 20 Dec 2011 00:00:00 +0000

The Beckham house has splashed out for Christmas, spending a total of £35,000 on Christmas trees."The best of everything" The footballer and his family spent extravagant amounts to deck the halls of...

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Alvaro Siza Vieira speaks out at award ceremony

Mon, 19 Dec 2011 00:00:00 +0000

Alvaro Siza Vieira spoke out at his award ceremony last week against the lack of maintenance for buildings. The architect was awarded an honorary Doctorate (“honoris causa”) from the University of...

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Buying beats renting as best way to find cheap property abroad

Thu, 15 Dec 2011 00:00:00 +0000

Buying beats renting in the UK, according to new research from the property website Zoopla.co.uk. The report, which analysed the current asking prices and rents of over 78,000 two-bedroom flats...

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Houses for sale in Australia plummet in price as sales increase

Wed, 14 Dec 2011 00:00:00 +0000

Houses for sale in Australia are plummeting in prices, according to the latest figures. This week’s report, published by RP Data-Rismark, has found that in the main cities, prices are dropping at an...

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Million dollar houses on the rise in UK

Tue, 13 Dec 2011 00:00:00 +0000

The number of million dollar houses is on the rise in the UK, according to the latest research. The report, from Investec Specialist Private Bank, found that there was an 11 per cent increase...

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PetrobrasÂ´New Wells Top 200,000 BBL. Per Day 2 Days After Production Starts

Mon, 12 Dec 2011 00:00:00 +0000

This December, the combined daily output of Petrobras and its partners exceeded 200,000 barrels of oil equivalent (oil and gas) per day in the Santos Basin. Brazil´s current production is 2,572,000...

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BrazilÂ´s Central Bank Eyes Year End Benchmarks, With 2011 Growth A Scant 3% Or Less

Mon, 12 Dec 2011 00:00:00 +0000

Brasilia- The Central Bank lowered its forecast to 2.97% for GDP growth for 2011 approaching year end and signaling a slowing economy. Easing steps have already been taken with a reduction in the...

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Twilight stars' celebrity house avoids public listings

Mon, 12 Dec 2011 00:00:00 +0000

Twilight stars Robert Pattinson and Kristen Stewart are selling their home in Los Angeles. The couple, famous for their on-screen romance in Stephenie Meyer’s popular vampire series, have been...

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Brazil About to Finish 2011 With More than $4 Trillion - GDP R$ 1.05 Trillion in Q3 Unchanged (0.0%) Relative to the Q2

Mon, 12 Dec 2011 00:00:00 +0000

Compared to the second quarter of 2011, the GDP (Gross Domestic Product) at market prices of the third quarter remained unchanged (0.0%) in the seasonally adjusted series. The highlight was...

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Construction Costs up 5.54% in 2011 and 5.83% in Past 12 Months

Mon, 12 Dec 2011 00:00:00 +0000

Brazil´s National Index of Construction Costs rose from R$805,67 per square meter in October to R$808,65 in November, being R$445,35 attributed to cost of materials, and R$363,30 to labor costs. The...

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Houses for sale in Barbados are transparent

Thu, 08 Dec 2011 00:00:00 +0000

Overseas buyers looking at houses for sale in Barbados should be reassured that the property market is transparent, according to a new report. The 2011 Corruption Perceptions Index, released this...

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Bruce Willis leads this week's celebrity homes for sale

Wed, 07 Dec 2011 00:00:00 +0000

This week, Bruce Willis listed his Idaho ski property on the market. Willis’ lakeside ranch, the latest of this month’s celebrity homes for sale, spans 20 acres and sits in Hailey, frequently...

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Amanda Lamb returns to Earls Court for March show

Tue, 06 Dec 2011 00:00:00 +0000

Amanda Lamb will return to Earls Court in March for the A Place in the Sun Live show, the property portal has confirmed. A Place in the Sun Live, Europe’s largest overseas property exhibition, will...

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Vale To Invest US$ 563 in Pecem, Ceara Steel Mill

Mon, 05 Dec 2011 00:00:00 +0000

Rio de Janeiro, RJ 29 November, 2011 – Vale, the Brazilian mining giant and largest producer of iron ore in the world, released its investment plan for 2012 with US $ 563 Million marked for the new...

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Government Looks to Stimulate Slowing Economy, Cutting Rates, Boosting Wages

Mon, 05 Dec 2011 00:00:00 +0000

Government Benchmark Selic Rate Cut 0.5% to 11%-MinimumSalaries Up 14.3% to R$622.73 in JanuarySão Paulo and Brasilia- Two moves to stimulate the economy were announced today as the year ending will...

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Foreign Currency Update

Mon, 05 Dec 2011 00:00:00 +0000

Optimism that Europe's leaders could come up with a solution to the debt crisis has risen in recent days, and the news continues to dominate currencies around the world. On Wednesday last week,...

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Homes for sale in Brazil in one of world's only growing markets

Mon, 05 Dec 2011 00:00:00 +0000

Homes for sale in Brazil are in one of the world’s only growing markets, according to the latest report from Global Property Guide. The survey of house prices by the property portal, which analyses...

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Luxury house in Florida to feature robotic arm

Thu, 01 Dec 2011 00:00:00 +0000

A new luxury development in Florida will feature a robotic arm, reports have revealed. The block of apartments, located in Sunny Isles Beach, has been designed by Porsche in co-operation with...

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Saving for that first step on the housing ladder

Thu, 01 Dec 2011 00:00:00 +0000

In many areas of the country, the housing market has been in the doldrums. Many people hoping for a quick sale have seen their home languish on the market for many months. While the most recent data...

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David Chipperfield chosen to curate Venice Architecture Biennale

Wed, 30 Nov 2011 00:00:00 +0000

David Chipperfield has been chosen to curate the Venice Biennale in 2012. The British architect, who recently spoke to Yale design students about the challenges of working in architecture in modern...

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Millionaires' homes seem to be missing owners

Tue, 29 Nov 2011 00:00:00 +0000

One Hyde Park in London is the world’s most expensive residential block of apartments. Flats in the complex, developed by brothers Christian and Nick Candy, sell for an average of £3.7 million each...

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Benefits of a conservatory when you retire

Mon, 28 Nov 2011 00:00:00 +0000

If you are now a little older and have found that your children have flown the nest you have possibly become a grandparent too. Now that your children are older, and may be bringing grandchildren...

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Lamborghini Breaks into Brazilian Market with R$20M of New Model Launch Aventador

Mon, 28 Nov 2011 00:00:00 +0000

Brazil´s Luxury Market Attracts High End Manufacturers Zero to 100km/hour (0-60) in 2.9 seconds, Just R$ 2.8M (US $ 1.55 Million) São Paulo, SP-Super-nifty stocking stuffers are available to smart...

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Formula One heiress spending millions creating '�London's best house'

Mon, 28 Nov 2011 00:00:00 +0000

The daughter of Formula One mogul Bernie Ecclestone is spending a reported £18 million converting a mansion in one of London’s most exclusive streets into a dream home for her and her boyfriend. The...

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Films and sports boost Brazil property market

Mon, 28 Nov 2011 00:00:00 +0000

The Brazilian property market is one of the world’s hotspots. With economic growth in the country at 6.9 per cent in 2010 there are lots of reasons to be positive about buying property in Brazil....

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Enquiries for Caribbean property on the rise

Mon, 28 Nov 2011 00:00:00 +0000

New figures have found that enquiries for property in the Caribbean are increasing. An international search agency has been ‘inundated’ by enquiries in the last few weeks, many from European...

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Petroleum, Not Football, Drives Brazilian Development

Mon, 28 Nov 2011 00:00:00 +0000

Rio de Janeiro, RJ - José Sergio Gabrielli de Azevedo, Petrobras’ CEO, has said that Petrobras’ will invest nearly a quarter trillion US (US$224.7 billion), in enhanced production capacity and the...

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October Unemployment at 5.8%, Lowest October on Record-Per Capital Income Down Slightly

Fri, 25 Nov 2011 00:00:00 +0000

Index/Period October 2011 September 2011 October 2010 Unemployment Rate 5.8% 6.0% 6.1% Inflation adjust per capita income R$ 1,612,70 R$ 1,612.98 R$ 1616.88 % change 0.0% -0.3% Brasilia,...

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International real estate for sale gobbled up by Brits in Turkey

Fri, 25 Nov 2011 00:00:00 +0000

International real estate for sale in Turkey is being gobbled up by British buyers, according to recent reports. The latest statistics from the Land Registry Directorate General show that 1 in 6 of...

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Houses for sale in Australia increasingly popular

Thu, 24 Nov 2011 00:00:00 +0000

Houses for sale in Australia are increasingly popular, according to the latest research from domain.com.au. The report, conducted by the Oz property portal, found that the number of transactions in...

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Savills scales back international property presence

Wed, 23 Nov 2011 00:00:00 +0000

Savills is scaling back its international property presence this month, as the Euro debt crisis continues to plague businesses as well as property buyers. The international agent will reduce its...

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Currency Market '� Exchange Rate Update

Tue, 22 Nov 2011 00:00:00 +0000

As the Eurozone debt crisis continues to dominate the news headlines, the currency markets have remained volatile. Whether you are sending money to Cape Verde to buy a property, or transferring US...

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Spain will soon have more cheap property abroad

Tue, 22 Nov 2011 00:00:00 +0000

Spain will soon have more cheap property abroad, according to the forecasts made Bankinter. The financial institution has predicted that house prices will get even lower as Spain’s excess supply of...

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Brazilian Automobile Exports Up 7.6% v. 2010 Total Production Up 5.6% v. 2010