Published: 1-Dec-2007

PropCap: A week in overseas property

Every week we cover hundreds of interesting news stories from the world’s media. We usually include links to announcements and property deals from our members but this week we had so many we decided to write a seperate article on the best property deals on the site.  

To keep up-to-date with the latest news and business deals in the geographical areas that interest you, remember to customise your home page.

Most popular

• Indians flee Dubai as dreams crash. More than 3000 cars are found abandoned at Dubai airport as workers return home
• Banker sells $13 million Florida house to his wife for $100 The Times (London) reports on the private life of the former Lehman Brothers CEO
  
• Spain’s 100 most expensive homes  – Idealista publishes their list of the most expensive homes in Spain
  
  

UK

• “Upturn in activity” for UK agents - Estate Agent Today
• House slump beats wages - News of the World

US

• US banks unlease flood of REO’s  - Inman News
• Bargain hunters in Manhattan go on a buying frenzy - Overseas Property Mall
  

Spain

• Spain & Portugal to join forces to seek Asian tourists  - Expatica
• Can fractional ownership save the Spanish property market? - Kyero.com

France

• Two new flight routes to the South of France - VEF

Portugal

• The PIGS are in trouble - This is Money

Cyprus

• Credit crunch drives expats home - Cyprus Property Magazine
• Revised investment ratings for Cyprus  - Cyprus Property Magazine

Italy

• Italy promotes golf tourism – Property Showrooms
• Interview with Italian property portal chief – Property Portal Watch

Middle East & Africa

• Dubai property demand to outstrips supply in 2009  - Arabian Business
• Dubai property prices may fall 20% says Emaar Chief  - Arabian Business

Rest of Europe

• Commercial property in trouble in Eastern Europe - Overseas Property Mall

Central & South America

• Consumer confidence riding high in Panama
  
• Brazil cuts interest rates for the first time in 16 months - The Strait Times

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