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| Turkey Predictions of 90% Growth in 2008 |
Date posted: 28.06.2007 |
| Turkish real estate market expected to grow by 90% in 2008 |
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| Montenegro Flights from UK Available |
Date posted: 28.06.2007 |
| It is possible to fly from the UK to Montenegro via Vienna with Austrian Airlines |
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| Montenegro Celebs Create A Boom |
Date posted: 28.06.2007 |
| Celebrities and sun-seekers from the East and West are fuelling a property boom in Montenegro that has seen prices surge two-fold in the past year. |
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| Egypt Qatari Co, $175bn Resort |
Date posted: 27.06.2007 |
| Qatari Diar Real Estate & Investment Company has signed a deal to develop a 10bn Egyptian pound ($1.75bn) resort on Egypt’s Red Sea coast |
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| Estonia Risks of Slump in Confidence |
Date posted: 26.06.2007 |
| Estonian economic growth could slow more than expected as banks tighten lending and borrowers become more cautious as they worry about the future. |
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| Bulgaria Property To Increase 10% In 2007 |
Date posted: 26.06.2007 |
| Residential property prices in Bulgaria’s large cities are expected to increase 10 per cent by the end of 2007. |
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| Croatia EU Entry for 2009? |
Date posted: 26.06.2007 |
| Croatia leapt past Turkey on the road to European Union membership, staying on course to join as soon as the end of the decade. |
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| International Base Rate Down 0.25% to 7.75% |
Date posted: 25.06.2007 |
| The National Bank of Hungary delivered a surprise 25-basis point interest rate cut Monday, lowering its key rate to 7.75% from 8.00% |
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| Turkey Upmarket Development in Kalkan |
Date posted: 23.06.2007 |
| Turkey may not be known for luxury, but the Telegraph's Ginetta Verdrickas discovers a Turquoise Coast scheme that is changing perceptions |
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| Turkey New Mortgages Will Grow Market |
Date posted: 23.06.2007 |
| New mortgages that are currently in the process of being finalized by the government should give the property market in Turkey a boost. |
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| Bulgaria Rental Yields Halve in 5 Years |
Date posted: 23.06.2007 |
| Yields on residential and holiday properties have declined more than twice over the past 5 years in Bulgaria. |
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| Bulgaria Bulgarian Market Is Ideal |
Date posted: 22.06.2007 |
| Bulgaria is enjoying a strong property market since joining the European Union, claims real estate portal RightmoveOverseas. |
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| Turkey Istanbul: Prices up 10-fold in 15 years |
Date posted: 22.06.2007 |
| In the past 15 years, property in the best-performing suburbs of Istanbul have increased by 1000%. |
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| Bulgaria Varna Prices Up 15-20% |
Date posted: 22.06.2007 |
| Residential property prices in Bulgaria's coastal town of Varna increased between 15 and 20 per cent since the beginning of 2007. |
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| Bulgaria Investors Turn To Spa Resorts |
Date posted: 21.06.2007 |
| Vacation property investors are interested in the regions having mineral water deposits near big Bulgarian resorts. |
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| Romania New Budget Routes Boost |
Date posted: 21.06.2007 |
| Two budget airlines have announced an expansion to their presence in Romania - something that could prove to be of interest to overseas property investors in the country. |
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| Turkey Banks to Rate Property Prices |
Date posted: 20.06.2007 |
| The Credit Record Bureau has started preparations to launch the residential value index, which will specify prices per square meter in different districts. |
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| Czech Rep. Czech Republic Safe Investment |
Date posted: 20.06.2007 |
Investing in the Czech Republic is a "safer bet" than some other East European countries, according to foreign property website Property-Abroad.com
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| Czech Rep. New Mortgages For Grey Workers |
Date posted: 20.06.2007 |
| Česká spořitelna's new low-documentation mortgages could be boon to workers in gray economy. |
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| Bulgaria Maltese Warned Against Bulgaria |
Date posted: 19.06.2007 |
| Serious property investors are now choosing not to invest in Bulgaria as the property market in this country is now saturated and property prices are expected to start decreasing soon as the property bubble has burst. |
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| Romania 61 Years Work to Buy |
Date posted: 18.06.2007 |
| When compared with average salaries, Bucharest city centre apartments are already some of the most expensive in Europe. |
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| Bulgaria Sofia Cheapest for Ex-Pats |
Date posted: 18.06.2007 |
| Sofia is the least expensive city for expatriates in Europe according to research of UK human recourse consultant company Mercer. |
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| Bulgaria New Mortgage Product for Foreigners |
Date posted: 18.06.2007 |
| MKB Unionbank (MKBU) started providing mortgages to foreign citizens as of June 7. The mortgages are for up to 100 000 euro and only available in this currency. The loan term is 20 years. |
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| Turkey Bogus Property Sales |
Date posted: 17.06.2007 |
| Ulster businessman accused of running a GBP4 million property scam selling luxury villas in Turkey. |
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| International Emaar Enters Libyan Market |
Date posted: 17.06.2007 |
| After entering the Moroccan and Egyptian markets, leading Dubai developer signs a deal for a huge development on the coast near Tripoli, Libya. |
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| Turkey Health Tourism Boom |
Date posted: 16.06.2007 |
| The Turkish culture and tourism ministry undersecretary, has said that hundreds of thousands of tourists are flocking to Turkey for health reasons. |
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| Turkey City Prices Drop |
Date posted: 16.06.2007 |
| Real estate prices in four key cities declined by 1.3-6.0% in May on fears of high interest rates, property prices and election uncertainty. |
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| Hungary Foreigners Continue to Buy |
Date posted: 15.06.2007 |
| The number of foreigners purchasing real estate in Hungary is not decreasing, which - particularly in Budapest - is mainly attributable to buyers looking for an investment. |
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| Hungary Borrowing Down; Rates Same |
Date posted: 15.06.2007 |
| The amount of money loaned for home by Hungarian banks is down 1% year on year. Hungarian banks are not increasing rates on loans in CHF despite the increase in base rate. |
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| International CHF Rate Rise Worries |
Date posted: 15.06.2007 |
| With many property owners taking advantage of borrowing funds in Swiss francs because of the lower interest rates, increasing rates are going to make borrowing more expensive. |
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