Brexit making people look abroad

30% increase in UK Citizens planning to move abroad after Brexit Moments after the shock of the EU referendum result the cost of living calculator from the Expatistan site said: “The number of people comparing UK cities and cities abroad spiked to over 50% It...

Qatar’s Tourism Expected to Reach $7.2bn by 2025

Qatar’s tourism and hospitality industry is expected to reach $7.2bn in 2025, a new report has shown. The industry is building momentum in the country as it enters the second half of the decade, with an ambitious target of 4 million visitors by 2020, supported...

Luxury Condo Prices to Remain Flat in Malaysia

As new development projects are completed in Kuala Lumpur and fringe locations, competition in the rental market is expected to heighten amid a weak Malaysian housing market. Property prices in the high-end condominium segment will remain flat, while rental prices...

Property Prices on the Up in Spain

According to reports from two real estate firms, the Spanish property market is showing significant signs of improvement. Spanish property valuation experts Tinsa say that average prices are increasing, but homes are still around 41% of their peak value recorded in...

Hotel Operators go Bargain Hunting in Greece

The Athens Hilton, an emblematic hotel in Greece’s capital for decades, was put on sale this week as the crown jewel among hundreds of bargains in the hotel sector across the country. Greek lender Alpha Bank formally launched on Wednesday the procedure for the...

Cypriot Property Prices on the Rebound

As Cyprus heads out of its bailout programme the fall in property prices is bottoming out according to data from the Central Bank of Cyprus residential property prices index (RPPI) . The RPPI recorded a decrease of only 0.3% compared with the previous period in the...

Sarovar Hotels Target Religious Tourism in India

Uganda-based Madhvani Group and India’s Sarovar Hotels and Resorts plan to establish mid-segment hotels in about dozen popular pilgrimage locations across India in a bid to tap the growing opportunity in the religious tourism segment, according to top officials...

Oman Revs Up Tourism for Rising Number of Visitors

According to Ahmed bin Nasser Al Meherzi, Oman’s Minister of Tourism, by 2020 there will be 20,000 hotel rooms in three to five-star category hotels in the beautiful Middle Eastern country and if the tourism sector continues to grow, the Sultanate will achieve...

Underwater Tours to Boost Tourism in Turkey

As Turkey seeks to maintain its tourism industry amid regional problems, one Antalya-based firm has hit upon a novel idea to keep people coming to the coast – a 48-seat submarine. Guests from around the world could soon be speeding through the Mediterranean Sea...

Foreign Property Investment on the Rise in Kenya

According to Knight Frank, Kenya is set to attract more foreign real estate investors seeking growth opportunities in fast-growing African cities due to its investment hub status. Knight Frank’s Africa Hotspots bulletin reports that overseas investors will...

Affordable Housing Gains Popularity in Dubai

According to Bayut.com, the UAE’s largest property portal, localities offering affordable rental opportunities in the Emirate are rising in popularity. The shift is largely due to the widespread development taking place and the jobs the projects are creating for...

Northern Ireland Sees Most New Homes in UK

According to new data released by the National House Building Council , Northern Ireland had the highest percentage increase in new home starts of any UK region during 2015. The report shows a 30% increase in registered new homes – from 2,487 to 3,223 last year...

The Key Risks to British Real Estate in 2016

According to research from insurance giants Aviva, Brexit, euro-zone debt and UK interest rate rises will remain the downside risks for UK real estate in 2016. Richard Levis, global real estate analyst at Aviva suggests that the impending vote on EU membership is one...

UAE Real Estate Sector to Gain Traction in 2016

According to international real estate investment and advisory firm JLL, new funding and investment schemes in UAE’s real estate market are expected to gain traction in 2016 as the market struggles with overall instability and cautious funding. In its...

Global Real Estate Glistens More Than Gold

According to new research from Savills, the global stock of residential and commercial real estate equals 2.7 times the world’s GDP, hugely outweighing the value of all gold in existence. " The total value of all the gold ever mined is approximately US$6...

Faith Tourism Booms in Turkey

Turkey is a fascinating country that is home to a mesmerising blend of East and West. Ancient civilisations have come and gone in the country over generations in time, each leaving behind an incredible heritage that resonates with followers of many different faiths....
ContactUs.com ContactUs.com