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News Archives - December 2008

We source and regularly update only the most relevant property news items from across the world and place them at your fingertips...

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Bulgaria property a "good long-term bet"

Property in Bulgaria will continue to offer good returns for investors making purchases in the country in 2009 it has been predicted. According to Quest Bulgaria Property Magazine, returns will fall sl....

Bulgaria Flag Bulgaria (31 December 2008) Full Story >>

 

Investment News

Argentinian capital named top tourism city

Sample Image Buenos Aires will be one of the best cities to visit during 2009, according to a leading travel guide. The DK Eyewitness Travel Guides series has inc..... Full Story >>

Argentina Flag Argentina  (31 December 2008). 

 
Editors' Choice News

Fifth of properties in the UK have been on the market for a year

Sample Image One in five properties in some areas of the UK has been on the market for the whole of 2008.... Full Story >>

United Kingdom Flag United Kingdom  (31 December 2008). 

   
Commercial News

Danske Bank pulls the plug on Q Vara

Sample Image Danske Bank that is the guarantee and paying agent of bonds issued by Estonian real estate company Q Vara has decided that enough is enough.... Full Story >>

Estonia Flag Estonia  (31 December 2008). 

 
Other News

Decree creates three new provinces

Sample Image KING Norodom Sihamoni signed a royal decree on December 22 that would change the municipalities of Kep, Sihanoukville and Pailin into provinces... . Full Story >>

Cambodia Flag Cambodia  (31 December 2008). 

   
Rental & Lettings News

Changes to housing benefit leaves poorest priced out of town

Sample Image Charity warns that low earners will not be able to pay their rent under new allowance scheme Sara Gaines, guardian.co.uk, 30 December 2008 Reforms to..... Full Story >>

United Kingdom Flag United Kingdom  (30 December 2008). 

 
Funds News

Laxey opposes India fund plan

Sample Image The second biggest shareholder in Hirco, the Indian property fund, is urging a vote against plans for a reverse takeover announced a week before Chris..... Full Story >>

India Flag India  (31 December 2008). 

   
Mortgage News

Official Spanish House Price Index falls 3% in third quarter

Sample Image Average Spanish property prices fell by 3% over 12 months to the end of the third quarter, according to Spain’s official House Price Index, published ..... Full Story >>

Spain Flag Spain  (31 December 2008). 

 
Economic News

Economists warn of ugly year ahead

Sample Image Economists are warning Australians they face an ugly year and an inevitable recession in 2009.... Full Story >>

Australia Flag Australia  (31 December 2008). 

   
Legal News

Property investors in France need to be aware of local risk plans

Sample Image Local and regional risk plans are being drawn up throughout France to alert owners to potential threats to their property. However, French authorities..... Full Story >>

France Flag France  (12 December 2008). 

 
Tax News

'Shut Down Super-Rich Tax Havens'

Sample Image Tax havens that allegedly deprive Britain of billions of pounds should be closed down, according to the nation's biggest union.... Full Story >>

United Kingdom Flag United Kingdom  (31 December 2008). 

   
Currency Exchange News

Euro rises as investors shun dollar and pound

Sample Image The euro made headway against both the dollar and the pound on Tuesday after selling off in late trade during Monday's volatile session.... Full Story >>

United Kingdom Flag United Kingdom  (30 December 2008). 

 
Construction News

Bulgaria investors warned of off-plan risk

Sample Image Investors who purchase off-plan properties in Bulgaria may find their homes are never completed, one expert has warned. According to Property Wire, e..... Full Story >>

Bulgaria Flag Bulgaria  (24 December 2008). 

   
Travel News

Bulgaria is prefered travel destination for the Britons

Sample Image In 2009 the British would prefer spending their vacation in Bulgaria , Turkey, Egypt, as well as Morocco and Tunisia, says the prognosis of Bob Atkin..... Full Story >>

Bulgaria Flag Bulgaria  (31 December 2008). 

 
Technology News

Australian couple served repossession papers through Facebook

Sample Image An Australian couple were served legally binding repossession documents through the social networking site Facebook. Not being able to reach the coupl..... Full Story >>

Australia Flag Australia  (16 December 2008). 

   
Environmental News

Brazil and EU leaders hold summit

Sample Image Leaders from the EU and Brazil are expected to focus on the financial crisis and climate change at a Rio de Janeiro summit.... Full Story >>

Brazil Flag Brazil  (22 December 2008). 

 
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