Overseas Property Investment

The most recent island property investment news from a variety of international property news sources.

News of a bankruptcy filing for Georgia’s Sea Island resort illustrates a failed funding scheme relying on land sales that never materialized — leaving lenders in the lurch. G8 Summit host, and haven of the rich and famous, the posh US resort is now counting on a nearly $200 million sale of its…

Even exclusive Palm island property isn’t immune from the hard times hitting Dubai’s real estate market, with a 20% plunge in prices predicted for the year ahead, accompanied by widespread development delays. While the Trump International Tower project has been halted, other developers remain optimistic…

Due to absolute scarcity of available lands for development and land prices going extremely high, Affordable housing within Mumbai city limits does not seem possible and can only be possible  in areas like Karjat, Panvel and other extended suburbs of the island city. The MMRDA is about to identify the nodal centres for housing schemes [...]

CapitaMalls Asia Ltd, the retail property unit of Southeast Asia’s biggest developer, may seek shopping-center ventures in Vietnam after expanding in markets including China and India. Singapore-based CapitaMalls may collaborate with its parent company CapitaLand Ltd to explore “interesting opportunities” in Vietnam, Chief Executive Officer Lim Beng Chee said. CapitaLand, which is building homes in [...]

A tax hike on luxury property, is deterring wealthy buyers and pushing Greek real estate prices downward. Economic uncertainties are driving Greek investors to France and London, while once-favored Mykonos and other island locations are being deeply discounted. See the following article from Property…

With a low cost of living, tropical weather and friendly locals, Nicaragua offers many options for travelers and expats seeking to relocate or buy a second home. From beautiful colonial cities like Granada and Leon, to Caribbean paradise on the Corn Islands, Nicaragua offers an abundance of natural…

Chennai-based Oriental Hotels Ltd is planning to expand its footprint by adding more hotels. The company will add two more properties to its existing eight in the next two years, when its total room inventory will be 1,250. Currently, the company’s eight properties are managed by Taj. The proposed properties in Coimbatore and Bangalore will [...]

The furore over the proposed demolition of Pudu Jail puzzles me. Very few cities have old dilapidated prisons smack right in city centres. Even “The Rock” which is the infamous Alcatraz is on an island of the US west coast, and was initially the first lighthouse and US Fort. Later, it became a federal jail [...]

On Thailand’s largest island, secluded Surin Beach is becoming a trendy destination for jet-setters. The area is currently enjoying a booming restaurant and club business, along with construction of a private terminal at Phuket International Airport. Once overshadowed by neighboring Kamala Beach and…

Located a short ferry ride from Auckland, the New Zealand island of Waiheke has developed into a top international luxury destination. With 62 miles of beautiful white beaches, a rich host of wineries and other cultural amenities, Waiheke property prices have not yet caught up to its value. See the…