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Credit agency defends us ratings reduction

Credit rating agency Standard & Poor's has defended its decision to downgrade the US government's credit rating from AAA to AA+ with a negative outlook.

Mon, Aug 08, 2011

Brits target torrevieja bargains in spanish property revival

Property sales 6% up in Spain, but Brit buyers’ share of the bank-owned bargains is down 40% from peak buying year 2008, according to figures from the Spanish Property Registry.

Mon, Aug 08, 2011

Caracas fights for facelift to woo tourists, residents

Caracas does not figure large on the map for the thousands of tourists who flock to South America every year lured by the promise of ancient civilizations, mysterious jungles and pulsating rhythms.

Mon, Aug 08, 2011

Is this the smallest apartment in america?

If you find your apartment a bit claustrophobic at times, spare a thought for this young New Yorker. Architect Luke Clark Tyler designs grand houses for clients from his tiny 78 square foot shoebox apartment.

Mon, Aug 08, 2011

Cpi takes 50% stake in prague's flagship copa centrum project

Czech Property Investments (CPI), a Prague-based company owned by financier Radovan Vitek, has purchased a 50% stake in the Copa Centrum Narodni in a landmark transaction for the Czech property market.

Mon, Aug 08, 2011

Luxury houses buyer frenzy in northern ireland - price drop from £1m to £400,000

How do you fancy living in a seven-bedroom Northern Ireland mansion with three acres of land to roam in?

Fri, Aug 05, 2011

Russian billionaires buy in u.s. As mansions lure wealth

Roustam Tariko, billionaire owner of Russian Standard Bank and Russian Standard Vodka, completed the most expensive home purchase in Miami Beach since 2006 when he bought a $25.5 million estate on Star Island in April.

Fri, Aug 05, 2011

China to boost public housing investment

China will step up investment in public housing and ensure that construction quality meets standards, Minister of Finance Xie Xuren said.

Fri, Aug 05, 2011

Tempted by tirana? Albania’s capital sees 23% increase in passenger arrivals

Latest statistics released by Tirana International Airport (TIA), which serves the Albanian capital, reveal that in the first half of 2011 the number of passengers increased by an impressive 23%

Fri, Aug 05, 2011

Video: cuba to legalize purchase of property

In Cuba, buying property is currently illegal. But President Raul Castro has promised to lift the ban on buying real estate by the end of 2011. This overhaul of the Cuban property system will allow residents to buy property legally for the first time in over 50 years.

Thu, Aug 04, 2011

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