Press Releases
The latest press releases to come from the overseas property market - read what they have to say about what!

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Recent findings from The National Housing Federation suggest that a first-time buyer needs a £93,000 annual salary to buy an average priced house in London.

Notting Hill Home Ownership, the first housing association to introduce shared ownership, suggests more Londoners should consider the option of shared ownership. In fact since the recession struck Notting Hill Housing seen an 80 per cent increase in the number of viewings and reservations for shared ownership at its housing schemes.

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UK property purchases around 43% cheaper compared to those made in 2007

Chesterton, the international property agency established in 1805, now with a regional centre of operations in Abu Dhabi – highlights that Dubai is on its way out of the property slump. The company believes that this is due to a rise in confidence within the consumer and financial sector in addition to a surge in transaction volumes. Despite the current economic challenges facing the worldwide property market, Dubai is forecast to grow at a rate of 4-6% per year until 2015.

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St Kitts & Nevis October 2009 –  Luxury tropical island lifestyles are becoming more accessible with the latest phase launching at $100 million St Kitts real estate development Ocean’s Edge Resort.

International property group Savills has sold virtually all of phases 1 and 2 at the 40-acre resort overlooking Frigate Bay – paving the way for phase 3’s new beachfront penthouses and poolside cottages.

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Cambodia – 8 October 2009 – CB Richard Ellis Group Inc. (CBRE) today announced that it is opening a new office in Phnom Penh, Cambodia.

The establishment of an office in Phnom Penh is a further step in the expansion of CBRE’s footprint in Southeast Asia, which already includes Singapore, Indonesia, the Philippines, Thailand and Vietnam. The new office in Cambodia will capitalise upon market opportunities arising from the growing demand for professional real estate services from both international and local organizations within the country.

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What started out as the personal diary of a twenty-three-year-old, who decided to leave the UK for a new life on the sunny Costa del Sol, has turned into a publishing phenomenon when her book, “Sol Searching” was discovered by independent publisher Native Spain.

Keidi Keating, originally from the UK but now living in the Axarquia region on the Costa del Sol, decided to self-publish her revealing and hilarious dramatised-biography and was
quickly discovered by fellow expat, Debbie Jenkins, who was keen to publish the book under her NativeSpain.com imprint.

Debbie says, “Keidi’s book is a perfect fit for our NativeSpain brand which sets out to inform and entertain expats and would-be expats about the challenges and joys of making a new life in Spain. What makes Keidi’s book unique is that it also hits a younger audience. It’s a bit like Bridget Jones in the sun!”

Keidi says, “I’ve been writing since I was seven-years-old so landing this publishing contract is a dream come true. The positive feedback it’s been getting has been a real boost too!”
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“Sol Searching: A Fun-filled tale of a modern girl’s move to the Costa del Sol” by Keidi Keating ISBN: 190543068X is available to buy from Amazon and all good bookshops now.

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6th October 2009 – Holiday rentals company, HouseTrip have recently launched their new website, www.housetrip.com. HouseTrip welcomes any user to register their rental (B&B, guestroom, flat, villa, castle etc). Unlike other holiday rentals websites, HouseTrip lets you register your property for free. HouseTrip operates on an easy-to-use and interactive social interface allowing hosts to list their properties, post photos, answer questions, view the profiles of potential guests and take bookings through the direct booking model.

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Moscow, October 6th, 2009 – The first important Russian overseas real estate show for the autumn season took place in central Moscow, Friday and Saturday last week.

With the number of visitors on par to previous events, 6,061 unique visitors over 2 days, the organisers were able to, once again produce an excellent opportunity for International real estate developers and agents to meet the growing number of potential Russian buyers.