Overseas Property Investment

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

There has been a big fuss made because the founder of Google Larry Page bought a super yacht second hand but many say the decision should be applauded. Larry Page is married with one child, and he has bought a 195 foot yacht with 10 bedrooms, a massive dining room, helipad, gym, and multi-level sun [...]

A few months ago, a report by the National Association of Realtors told us that Florida is by far the most popular region with foreign buyers with 22% of sales. The next closest was California with 12%, followed by Arizona with 11% and then Texas with 7%. Also dominant in the market was Canadians. Taking [...]

The launch of a mega real estate project in Kenya by Russia’s Renaissance Group could herald a revival for Africa’s sub-Sahara. Starting in 2012, the joint venture development will accommodate over 60,000 residents to capitalize on Kenya’s boom in population and income. See the following article from…

Russian property has the lowest price-to-earnings ratio of the four BRIC countries. With its strong oil and gas industry, and close proximity to energy hungry China, Russia may provide strong returns to investors willing to deal with higher risks and volatility, in exchange for long-term gains…

Following a massive housing boom that saw housing prices grow as much as 54 percent in one year, the Russian housing market has been struggling to recover after the global recession. With the help of government programs encouraging homeownership and an improving economy, though, the market could be…

Many overseas property agents could will and should be excited by a new event announced this week. Global Edge have partnered with AiGroup — the Russian media company behind Russia’s biggest overseas property portal (1-property.ru) — to set up and host Russian Summit, a chance for the world’s overseas property agents to learn about the [...]

A new event to be held in Moscow on 11th & 12th November aims to help international agents break into the potentially lucrative Russian buyer market. Russian Summit brings together some of the biggest agents working in international real estate in Russia such as Intermark Savills, Knight Frank Russia and Gordon Rock; with an audience [...]

Research by leading London Estate Agent Knight Frank has revealed that the number of nationalities buying up prime property (£2 million+) in London has risen to 51, as buyers from far-flung destinations like Malaysia, Iran and Brazil join the traditional Russian and club-med buyers in taking advantage of the weak pound. According to the data, [...]

Malaysian hotel owner and operator Impiana Hotels, Resorts and Spa which in April opened its first luxury property Impiana Kata Noi Private Villas in Phuket, Thailand, is now looking at possible land acquisition to expand the property. “We have been offered some land beside this property and we are looking at the possibility of expanding,” [...]

SHAH ALAM: I-Bhd expects 80 more knowledge-based companies to set up offices at i-City, Shah Alam, by the year-end, said chief executive officer Eu Hong Chew. “They will consist of local and international companies and will add up the more than 60 companies currently operating at the city,” he said after signing a heads of [...]