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Desperate vendor cuts price by £500,000

The four-bedroom, 415sq m property at 14a Gibbons Rd, Takapuna, on New Zealand's north island, is on the market for £1 million, down from an original asking price of £1.55 million...

Wed, Mar 04, 2009

Bali hotels slash rates to attract tourists

Hotels in Bali are slashing room rates amid falling occupancies as the global economic downturn takes its toll on the tourism-dependent economy...

Wed, Mar 04, 2009

Ex-lehman brothers director's new post

Former Lehman Brothers real estate private equity director John McCarthy has joined US group investment company Starwood Capital Group as its global head of asset management...

Wed, Mar 04, 2009

Govt to boost spanish tourism property

The Industry and Tourism Ministry in Spain have announced their decision to inject £537 million into the country's tourist infrastructure...

Wed, Mar 04, 2009

The hills are alive

Landlocked Austria rarely features on a property investor's portfolio even though the country is Europe's second most popular destination for skiing. However, the recent relaxation on restrictions for EU nationals, the stunning countryside and the increase in low-cost flights means that Austria now has plenty to offer the investor...

Wed, Mar 04, 2009

Makeover for the white house

The United States has welcomed in a new President and now they are getting a new- look White House too - the Obamas have appointed Los Angeles based designer Michael Smith to redecorate the private quarters of the famous property, giving it a more family friendly feel...

Tue, Mar 03, 2009

How to...invest wisely in property in the worst of times...

Like any business, property is subject to certain market forces that affect values and the life-blood of commercial real estate is affordable financing for the acquisition, development, redevelopment and refinancing of improved properties...

Tue, Mar 03, 2009

Holiday homes tempting buyers

Bargain property prices in many countries are beginning to tempt buyers looking for holiday homes, industry professionals report...

Tue, Mar 03, 2009

New USA home sales falling

Sales of new residential properties in the US plunged in January to a record low as soaring unemployment and mounting foreclosures drove buyers away...

Tue, Mar 03, 2009

Hollywood, bahamas

Kilkee House, the Bahamian home of the late Hollywood carouser Richard Harris, is for sale at £17.4 million...

Tue, Mar 03, 2009

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