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| Turkey Kemer Not Another Bodrum |
Date posted: 01.09.2007 |
| Kemer Mayor Hasan Şeker said that locals should not worry Kemer is losing its greenness and serenity any time soon because there is not much more land in the town to build on. |
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| Bulgaria New Record for Sofia Property |
Date posted: 01.09.2007 |
| A luxurious property in downtown Sofia has been sold at the record-high price of EUR 6316/m2, a new record, according to reports. |
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| International European Growth Slows in 2007 |
Date posted: 31.08.2007 |
| After nearly a decade of exuberant growth, residential real estate prices across much of Europe are clearly starting to cool. |
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| Hungary No Property Tax for 2008 |
Date posted: 31.08.2007 |
| The Hungarian government will not introduce a real estate tax in January 2008, as was previously being discussed. |
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| Turkey Arnavutköy Developing Fast |
Date posted: 30.08.2007 |
| Arnavutköy Township, with its 100,000 inhabitants, has become an important investment target in the past few years, increasing by 20-30% annually. |
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| Turkey Fatih Remains Desirable in Istanbul |
Date posted: 30.08.2007 |
| Despite the deterioration of its environs Fatih, located within the historic city walls of Istanbul, remains one of the city's favorite residential areas. |
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| Bulgaria Sofia: Investment Paradise? |
Date posted: 30.08.2007 |
| A property expert says that Sofia holds good investment potential for the future as it is emerging but at a slightly slow pace compared to other more developed CEE countries. |
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| Turkey Turks Evade Tax Too |
Date posted: 29.08.2007 |
| Following yesterday's news that many foreigners are being prosecuted for tax evasion when buying property, it is revealed that locals are just as bad, if not worse. |
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| Egypt Foreign Investments Up 82% |
Date posted: 29.08.2007 |
| "Foreign investments in the fiscal year 2006/2007 reached $ 11.1 billion by an increase of $ 4.989 billion compared to the fiscal year 2005/2006,"said Investment Minister Mahmoud Mohie Eddin. |
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| International Albania Introduces 10% Tax |
Date posted: 29.08.2007 |
| The government of Albania has agreed on a standard tax rate (flat tax) of 10 percent aimed at outdoing its East European rivals and attracting international investors. |
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| Romania US Airbase Strengthens Constanta |
Date posted: 29.08.2007 |
| The US army's plans to rotate large numbers of personnel at a base near the port of Constanta could have a significant impact upon local property prices, it has been claimed. |
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| Bulgaria International Problems Affect Market |
Date posted: 29.08.2007 |
The increase in Bulgaria in 2008 will be slower than in 2007 because of the residential property market crises in the US and Europe.
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| Latvia No Loan Crisis in Latvia |
Date posted: 29.08.2007 |
| The US sub-prime risk does not threaten the Baltic state’s mortgage market, which continued to grow at a fantastic pace during the first half of 2007. |
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| Bulgaria Stable Growth For Sofia |
Date posted: 29.08.2007 |
A property expert concludes that Sofia shows definite signs it is emerging but at a slightly slow pace compared to other more developed CEE countries.
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| Bulgaria Iztok District#1 Growth in Sofia |
Date posted: 29.08.2007 |
| Residential property prices in Sofia saw the highest increase in the Iztok borough for the first six months of 2007. |
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| Turkey Property Tax Evasion Rampant |
Date posted: 28.08.2007 |
| Inspection of real estate sales has revealed tax fraud on 60.3 percent of total property sales to foreigners, and the Treasury has so far collected YTL 52.1 million by demanding payment from tax evaders. |
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| Lithuania Q2 GDP up 8% |
Date posted: 28.08.2007 |
| Lithuania's gross domestic product grew by 8 pct in the second quarter of this year compared with a year earlier. |
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| International Some Euro Markets Overheating |
Date posted: 27.08.2007 |
| House prices on the overheated fringes of Europe have begun to turn down sharply, replicating the early phase of the sub-prime property slide in the United States. |
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| Bulgaria Partial House Sales Popular |
Date posted: 27.08.2007 |
| A growing trend in Bulgaria these days is to split houses into smaller segments before selling them on, particularly popular in smaller Bulgarian cities. |
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| International Record Numbers Leave UK |
Date posted: 26.08.2007 |
| A total of 385,000 people, the highest number since records began 16 years ago, emigrated overseas from the UK in 2006 according to official statistics. |
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| Slovakia Property Prices Up 21.3% |
Date posted: 24.08.2007 |
| The average price per square metre of housing real estate in Slovakia increased by Sk2,661 in the second quarter of the year to Sk36,382, thereby posting a y/y rise of 21.3 percent. |
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| Turkey Foreigners Love Bosporus |
Date posted: 24.08.2007 |
| Foreigners in Istanbul are showing a preference for renting apartment within walking distance of the Bosporus, even if they don't have a sea view. |
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| Turkey Tourism On The Increase |
Date posted: 24.08.2007 |
| The number of tourists visiting Turkey in July 2007 is up 16% on July 2006 - the 8th straight month of increased tourist numbers. |
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| Egypt New Resort for Zafarana |
Date posted: 24.08.2007 |
| A luxury, five star, beach-front resort is currently under construction on the shores of the Red Sea near Zafarana, benefitting from excellent diving opportunities in unspoilt reefs. |
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| Bulgaria Bulgarians Abroad Buy More |
Date posted: 24.08.2007 |
| Bulgarians working and living abroad rank among the main residential property buyers in Bulgaria in the summer, an increase in 10% over the number of buyers in 2006. |
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| Turkey Urban Transformation For Istanbul |
Date posted: 23.08.2007 |
| Turkey's new government is soon expected to launch a campaign of urban transformation for Istanbul and the country's other major cities. |
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| Romania Too Much Pressure On Market? |
Date posted: 23.08.2007 |
| A new report suggests that speculation in Romania’s property market, especially from abroad, may be reaching dangerous levels. |
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| International Albania: The Last Secret? |
Date posted: 22.08.2007 |
| Looking to buy some firstline Mediterranean beachfront property in Europe at an affordable price? Albania is probably your last chance. |
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| International Bad Weather Boosts Overseas Buying |
Date posted: 22.08.2007 |
| The record breaking downpours which made June and July the wettest since records began has led to a rush of people looking to acquire a place in the sun. |
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| Turkey Prices Stop Falling |
Date posted: 21.08.2007 |
| After several months of prices decreases in the run up to the election at the end of July, prices in Antalya, Ankara and İzmir have grown by 5 percent, 4 percent, and 12.3 percent, respectively. |
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