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RICS Extremely Upbeat on Europe Property Markets
March 2010
RICS has just released its 2010 review of European housing markets, in which it is incredibly upbeat on the continent's prospects for a sustained recovery...

Emerging Markets Coming Back In, Bulgaria Getting its Second Chance
February 2010
Primelocation has reported a massive increase in the numbers of people searching for property in Bulgaria, Turkey and Cyprus, whereas before they have focussed on higher-end established markets...

Spanish Property Market Gets First Sniff of 100pc Mortgage Since Crash
February 2010
The bank of Andalusia has started giving 100% mortgages in partnership with a developer, which could spark similar arrangements across the country...

EasyJet flights now available from Manchester airport
February 2010
Budget airline EasyJet have announced cheap flights to Sharm-El-Sheikh in Egypt from May 2010....

American Retirees to buy more Panama Property
February 2010
Panama is the number 1 destination for American retirees, more of whom are being forced to look to Central and South America for their retirement...

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Karia Akbuk Resort - Inspection trip £49!!

Akbuk  -  Turkey
This stunning development is situated on the South West Aegean Coast resort of Akbuk. This first class established deve ...

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US Economy Grows Over 5pc in Q4 2009 - Good News for Economy, Property Market and Region

Posted On: 29/01/2010

The US economy has grown 5.7% in the fourth quarter, which is the fastest quarterly growth in 6 years. This, now the second consecutive quarterly growth and a clear sign that the economy is now likely past the worst of the worst recession since World War II.

A 39% growth in gross private investment is thought to have been the main driver of growth, although it is highly likely that returns from those investments were equally behind the growth.

Either way, such a massive economic growth is a massively positive sign of the future. If American GDP can continue to grow at such strong levels, then it can only be a matter of time before employers start hiring again.

Such economic growth will also likely further stimulate foreign demand in the distressed property sector. Economic recovery will lead to dwindling availability of such distressed sales, and will also start to bring back the value of those distressed properties already purchased. Both a key reason to buy sooner rather than later.

Already the growth has cancelled out recent gains made by Sterling against the dollar in recent days. In that respect the growth is also good news for Brazil, which has been struggling against China with its dollar-pegged yuen, a stronger dollar is thus good news.

Widening out it is also good news for most of Latin America. Most Latin American economies are either reliant on or predominantly fuelled by American exports and/or tourism, thus a recovery in America is a rebound in Latin America.

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Halcyon Hills


Samos - Greece
Overview Beach Front Location 8% Guaranteed Rental Return For Two Years!! Many investors have funds tied up in property elsewhere. If you decide to release this equity with finance and invest i...

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Oludeniz Boutique Hotel and Spa Fractional Offer


Olu Deniz - Turkey
Oludeniz Boutique Complex - Fractional Ownership Offer!! Situated on the hillside overlooking Ölüdeniz beach, Phase one is up an running with and fully booked for this years season. All d...

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Castillo Beach Sol


Fuerteventura - Spain
The Castillo Beach Sol Complex is set in the tourist and residential area of Costa Caleta (Caleta de Fuste), providing the peace of a residential area alongside the surrounding tourist attractions. ...

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Le Jardin de Fleur


Saida - Morocco
Le Jardin de Fleur, Mediterrania-Saïdia, Morocco General Information Le Jardin de Fleur in Mediterrania-Saïdia comprises of 11 award winning luxurious resorts with large-sized villa...

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Cleopatra Resort


Hurghada - Egypt
Cleopatra Resort is the perfect development for any buyer on a limited budget who still requires a development with a full range of facilities and an excellent location in the heart of Hurghada. Lo...

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Mashareq Resort cheapest per m2 in Nabq Bay


Sharm El Sheikh - Egypt
The all new Mashareq Resort is a superb new complex in the increasingly popular Nabq bay region of Sharm el Sheikh, on the shores of the beautiful Red Sea. Styled in traditional Andalucian architectur...

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Borgonovo


Calabria - Italy
Borgonovo Apartments - situated just off-shore from the turquoise Tyrrhenian Sea; only 700 meters from Pizzo old town centro and within a short 15-minute drive of Lamezia International Airport offerin...

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