Vietnam is enjoying the property hot seat right now with many reports stating that the country’s economy is on a huge up rise. Vincom Joint Stock Co. reported a 33 percent increase in revenue for the first quarter of 2008 alone. The Vietnamese real estate developer reports that a range of clients signed contracts to rent stalls at higher rentals than usual.

A recent draft regulation that allows foreigners to “lease” property for a 70 year period has created quite a stir amongst foreign investors and foreign expatriates in Vietnam.

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With the announcement of Europe’s first six star service hotel and residential resort Palacio da Quinta on the Portuguese Algarve a couple of days back, we set out to discover some more tasty accommodation morsels to show you what living in true luxury really means if you like to travel (and rest) in style.

It seems that five star hotels are no longer the norm when it comes to bedding our heads for the night. These days it is caviar, personal butlers and Bentley that are on the menu of savvy and wealthy globetrotters.

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With the spring season already in full swing, we thought that we’d share a couple of overseas property exhibitions for 2008 that you can pencil into your dairies. It might be just the right time to find some bargains or establish some key relationships. Please drop us comments on any exhibitions we might have left out as the list open & bound to grow.

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Formula 1 fans were able to tab into another great race the weekend just gone with the Spanish Grand Prix seeing another strong Ferrari win. This time the boys with toys were trading podium places from the last race in Bahrain with Kimi Raikonnen bringing home another win for the red team.

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According to latest sources Malaysia’s real estate market is expected to reach a plateau this year. Having enjoyed fantastic growth over the years from 2003-2006 and a holding a steady market last year, experts predict there will be changes for the future caused by the U.S. market melt down.

Especially the growth in rentals and capital value is said to ease out by the end of 2008. There will also be an oversupply of yet to be finished residential developments, which will further stop the growth of recent years.

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Foreign buyers are eating U.S. property for dinner lashed with plenty of sauce. Ok, that was a rather weak approach at injecting some excitement into the fact that American real estate agents are pimping out bonuses to overseas buyers.

Extras such as airfare reimbursements and paid hotel bills could well become a reality for you if you are amongst those overseas buyers who have taken advantage of the dwindling economy in America.

Right now we enter a buyers market - if only there are buyers with enough cash flow to play the game. To boost local economy, some real estate agents have taken matters into their own hand and lure buyers from across the pond by giving them the royal treatment.

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It seems the latest hot property commodity is handled Down Under on Australia’s Sunshine Coast. With plenty of sun, gorgeous beaches and a trendy lifestyle as well as very affordable prices for those coming from the UK, it is no wonder that there seems to be a mass exodus. Ok, maybe not mass, but we are sure you get the picture.

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The Spanish government has acted fast to counteract the worldwide property gloom that seems to have hit us like a storm in the last few weeks. A new law was passed on April 18th that cuts all workers and pensioners tax bill by 400 euro, taken from a budget surplus to help counteract the slumping housing market.

18 billion euros has been approved with immediate effect to be funnelled back to the Spanish residents. 10 billion for this year and the remaining 8 billion euros next year.

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