RUSSIANS TO BOOST CYPRIOT PROPERTY MARKET?
Posted on 15 July 2008
After months of negotiation, the Russian parliament (Duma) has voted to approve a double taxation treaty with Cyprus, paving the way for Russian citizens to buy property in the country under more favourable conditions. Read more
SPANISH PROPERTY TRANSFERS UP 2.5% IN APRIL!
Posted on 15 July 2008
During the month of April the number of property transfers across Spain rose by 2.5% y-o-y and 19.3% on March’s recorded figures pushing the total number of transfers up to 214,795, according to figures released by the Spanish National Statistics Office (NSI).
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NEW FINANCE FOR CARIBBEAN PURCHASES
Posted on 15 July 2008
HiFX Mortgage Services, the fee-free overseas finance arm of FX brokers HiFX, has announced the addition of the first Caribbean lender to its portfolio. Read more
MORE SPANISH RESALE PRICE FALLS
Posted on 10 July 2008
Resale property prices across the major housing markets in Spain have fallen by between 2% - 4% throughout the second quarter of 2008, with falls of 2% in Barcelona, 2.1% in Madrid, 2% in Valencia and 2.1% in Bilbao, according to Spanish property portal Idealista.com Read more
RUSSIAN GAS GIANT INVESTS IN MOROCCO
Posted on 10 July 2008
The property arm of Russian gas giant Gazprom has revealed its intentions to invest nearly €1billion in the Moroccan property market by developing two new projects along the African country’s mountainous and coastal regions.
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ITALIAN FASHION COMES TO DUBAI
Posted on 01 July 2008
Italian fashion house Gianfranco Ferre and the Dubai-based property financer Galadari Investment Office (GIO) has announced its intention to build a $1.2billion, 60-floor residential and commercial tower block in Dubai, becoming the third company from the fashion sector to enter the Emirates property sector in as many years.
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NEW LOW COST AIRLINE FOR DUBAI
Posted on 01 July 2008
The Dubai government has announced that its first low-cost airline to operate in the country has been named FlyDubai. Read more
SPANISH TAX LOOPHOLE?
Posted on 25 June 2008
Hundreds of Britons who have sold a property in Spain between June 2004 and December 2006 have begun the fight to reclaim their money from the Spanish government, which, it is claimed, overcharged them Capital Gains Tax (CGT) by 20%.
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EMERGING MARKETS IMPROVE TRANSPARENCY
Posted on 25 June 2008
Emerging markets have significantly improved their levels of real estate transparency according to the latest Global Real Estate Transparency Index from property consultancy Jones Lang LaSalle and LaSalle Investment Management, its global real estate investment management subsidiary.
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NEW MARINA FOR PATHOS
Posted on 17 June 2008
A consortium headed up by one of Cyprus’ biggest property developers, the Leptos Group, has won its bid to build the new Paphos Marina.
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