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Tag: real estate

Published on Leave a comment on Wealthy Londoners Expand Homes Underground

Seeking Space, Well-to-Do Londoners Dig Deep

"To compensate for the lack of natural light around his new basement swimming pool, one London homeowner installed an outdoor camera that projects real-time images of the changing sky onto the pool ceiling. To assuage the concerns of swimmers who hate cramped spaces, another resident dug down so far beneath the earth that his pool is 16 feet deep and has a high-diving board.

Britain is not immune from the housing slump, and London is still reeling from last month’s riots. But never mind. In a city that has some of the richest people and most expensive real estate in the world, well-off homeowners who have exhausted the traditional methods of home expansion — build up, or build out — are enthusiastically branching out the only other way possible: down."

nytimes.com

Published on Leave a comment on Consider Portugal Investment

Property confidence increases in Portugal 

People interested in investing in European property should consider Portuguese property after research showed that property confidence in the country had improved.

The RICS/Ci Portuguese Housing Market Survey revealed that both the National Activity and National Confidence indices improve in July and weakening demand remains the main factor weighing down on Portuguese prices. This weakening demand is one reason why Portuguese property could be available at knock-down prices.

stride.co.uk 

Published on Leave a comment on China: Property Ownership Information to be Released

Officials are building a database to be shared among 40 chinese cities

"First, records about properties and their ownership would be sorted out and put into the database. Then information about earlier sales of properties will go online" - an official from the Ministry of Housing and Urban-Rural Development said.

Analysis of these records will show the money flow from one city to another.

"This information-sharing system, which is a dream we have pursued for a long time, will play a positive role in controlling property bubble" - Gu Yunchang, vice-president of China Real Estate Association.

chinadaily.com.cn

Published on Leave a comment on A Prewar Manhattan Apartment

Simplicity can be soulful

“This is all about balancing youthful instincts with the trappings of success,” says architect Lee F. Mindel describing the transformation he oversaw for his clients, a Manhattan real-estate developer and his entrepreneur wife, who would be hosting dinners for their high-powered colleagues and friends. “The greatest form of grandeur for me is spaces that don’t constrict, that give you options.”

Check images at architecturaldigest.com

Published on Leave a comment on Will Cyprus follow Spain’s example?

Greek real estate agents think Greece should emulate Spain 

Spanish government has announced plans to temporarily reduce the rate of VAT on newly built housing. It is an attempt to encourage sales and boost property market.

The announcement came at a recent press conference where the Spanish Finance Minister, Elena Salgado, announced that rate of VAT on newly built housing will be reduced from 8 to 4 per cent until the end of the year.

Cyprus is in a similar position to that of Spain with thousands of newly built properties remaining unsold and littering the once popular seaside areas. Prices too have fallen and unemployment in the industry has risen sharply since the market peaked in 2007.

news.cyprus-property-buyers.com

Published on Leave a comment on Hyper-Connected World

SpainHouses.net News has been created to inform on Real Estate in a hyper-connected world

18 de Agosto 2011 - Hyper-Connected World
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Today, Thomas L. Friedman writes about our world and its truculent riots, rebellions and manifestations in The New York Times.

Citizens all over the world are protesting. "From Athens to Barcelona, European town squares are being taken over by young people railing against unemployment and injustice of yawning income gaps", says the author.

What's going on? - he wonders.

Answer: 'We are fighting for an accessible future' - states an Israel's middle-class uprising slogan.

Technology revolution has led us to a new age in which people do have the actual possibility to raise their voices. "Thanks to cloud computing, robotics, 3G wireless connectivity, Skype, Facebook, Google, LinkedIn, Twitter, the iPad, and cheap Internet-enabled smartphones, the world has gone from connected to hyper-connected".

Uncertainty leads citizens choices in life. We have evolved from a world where we all thought life was safe and easy to mere insecurity. Housing is one the of the biggest problems of all.

SpainHouses.net News has been created with one purpose only. To inform.

Let us take you for ride across world economics, housing suggestions and political sensibilities related to Real Estate.

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