Worldwide Property

 

Foreign investors urged to seek local partners in Ghana

Foreign investors urged to seek local partners in Ghana

The Minister of Trade and Industry, Dr Ekwow Spio-Garbrah, says it is in the interest of every foreign investor to look for local Ghanaian partners who can contribute local knowledge, skills and expertise to their operations.
Investor sentiment dramatically improves in Spain and Portugal

Investor sentiment dramatically improves in Spain and Portugal

The Royal Institute of Chartered Surveyors (RICS) reports a massive increase in tenant demand in the two Iberian countries. In Spain, tenant demand increased 60% from Q1 to Q2 this year while Portugal experienced a 40% increase, according to RICS Q2 Global Commercial Property Monitor.
Spanish property sales rise 16.3%

Spanish property sales rise 16.3%

New data from Spain’s notaries reports that residential property sales are rising with Brits leading the way in picking up the country’s property at reduced prices. The statistic centre of the Consejo General del Notoriado has reported a 16.3% rise in the number of houses sold in Spain in the year to June 2014. However, the average price per square metre was down 5.7% to €1,214.
Despite economic woes, Greek holiday properties reach record value

Despite economic woes, Greek holiday properties reach record value

Prices may have sunk dramatically in larger Greek cities, but on the islands it is a completely different story. Georg Petras, Managing Agent at Engels and Volkers on Rhodes told Die Welt: “We just reached a record price of €13,000 per square metre for a holiday home.”
US Pavilion sells out at Bogota’s largest property show

US Pavilion sells out at Bogota’s largest property show

Organisers of the Gran Salon Imobiliaria, which runs in Bogota, Colombia, appointed international real estate PR and marketing specialists Orb international to host the US Pavilion within the show. Within weeks, the pavilion was completely sold out to US based exhibitors.
Istanbul enjoying luxury development boom

Istanbul enjoying luxury development boom

Investors flock from Europe and the Middle East to enjoy luxury projects offered by the bridge between Europe and Asia. Within the 2,000 square mile city of Istanbul, high-rise luxury developments are beginning to accompany the more traditional landmarks of Hagia Sophia and the Blue Mosque, which have dominated for centuries, as the city competes […]
Miami on way to becoming ‘top tier’ city for real estate

Miami on way to becoming ‘top tier’ city for real estate

Foreign investors are increasingly looking to Miami as it becomes one of the world’s top ten cities for luxury property, says a leading international realtor. As in other areas of the United States, there has been an increase in interest from Chinese investors.
Chinese buyers lead US housing recovery

Chinese buyers lead US housing recovery

Chinese investment in US real estate now accounts for nearly 1 in 4 dollars of every foreign purchase. While Canadians buy the most homes of all foreigners in the US, the value of homes purchased by Chinese buyers is much higher, at an average of $591,000.
Get your Mediterranean property while prices remain low

Get your Mediterranean property while prices remain low

2014 looks set to be the year that investors return in droves to the Mediterranean property market, and EH International has the perfect opportunity for you to own your own apartment in the Spanish sun. With the economic downturn beginning to subside, investors are once again looking to holiday apartments and resorts, so says Savills’ spotlight on prime residential retreats.
United Arab Emirates purchases Manhattan townhouse for $27.25 million

United Arab Emirates purchases Manhattan townhouse for $27.25 million

Permanent mission of UAE to the United Nations confirms purchase of house more than a year after it initially went to market. The house, which is located on the Upper East Side of Manhattan, was sold by financier Eric J. Gleacher, the former chairman and namesake of Gleacher & Co., an independent investment bank that provides financial advisory services.

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