Luxury Real Estate Blog and News

Cuba: 99-year leases for foreign investors

September 01, 2010 - Cuba
Cuba has issued a pair of surprising free-market decrees, allowing foreign investors to lease government land for up to 99 years.

Property Ownership and Buying Procedures in JAPAN

August 23, 2010 - Japan
Freehold is the only type of property tenure in Japan. There is no equivalent system of leasehold property ownership.

Vietnam Booming Green Scene

August 19, 2010 - Vietnam
Residential developments located close to nature and with million dollar price tags have become a growing trend in Vietnam’s property market. Nha Trang and Da Lat cities, which are renowned for private beaches and natural pine forests respectively, are proof to this. The seaside city of Nha Trang has been very successful in attracting buyers for luxury resort projects while Da Lat has welcomed many visitors since a number of resort villa projects were launched recently.

Master plan unveiled for the next “Asian Riviera”

August 18, 2010 - Cambodia
The Royal Group of Cambodia has unveiled its visionary Master Plan to transform the pristine island of Koh Rong into Asia's first environmentally planned resort destination.

Chinese banks cease loans to third home buyers

August 11, 2010 - China
Some banks in Beijing and Shanghai have voluntarily stopped granting loans to the third-house purchasers, according to a report by the Shanghai Securities News.

Magical Morocco

August 03, 2010 - Morocco
From the smells and sounds that suffuse the Medinas of Marrakech to spectacular treks past Berber villages, the colours and flavours of Morocco indulge the senses.

China to start levying property tax in 2012

July 27, 2010 - China
A property tax trial is expected to be introduced in parts of China in 2012 with Shanghai likely to be the first city to introduce the new levy. If it is successful it could be introduced across the country, it is claimed.

Expatriates fueling luxury leasing market in Hong Kong

July 23, 2010 - Hong Kong
Expatriates with families, arriving in town prior to the start of the new school year in September, are fueling luxury residential leasing demand in Hong Kong, according to new research from Savills Hong Kong.

Luxury Real Estate in Monaco

July 15, 2010 - Monaco
Named after a Phoenician god, Melquart, Monaco has become synonymous with beaches, gambling, yachts, and Formula 1 racing.

Foreign property investors to be banned from owning land in Brazil

June 24, 2010 - Brazil
Foreign real estate investors interested in buying land in Brazil could face a tightening of restricitions as the country cracks down on ownership over food security issues. Those who have already bought land and large rural properties by creating Brazilian companies face title deeds being revoked under tough measures that are currently being drawn up, it has been confirmed. Government officials have confirmed that official policy is that foreigners should not be allowed to buy agricultural land.