Archive: December 2013

The Most Expensive Streets in the Luxurious French Capital

The real estate market in Paris is constantly evolving. In 2012 the real estate sales dropped drastically after two years of rapid growth, in which the French capital almost became a “European hub” together with London. The political and economic situation in France rendered the country less desirable to both national and international investors. In fact, there was a lot of uncertainty tied to both the general elections and president Hollande’s announcement to reform tax on higher income and introduce…

The Dominican Republic Attracts More and More Foreign Investors

The real estate market in the Dominican Republic is one of the markets with a strong margin for growth, with great potential that has yet to be explored. It seems that many foreign investors have recently began to consider this beautiful paradise immersed in Mar dei Caraibi as an ideal location for buying and selling real estate. It is important to note that in the past few years, the government has introduced various policies in order to render the country…

The Sovereign wealth fund of Kuwait Aims to Purchase British Land

According to recent market indiscretions the Sovereign wealth fund  of Kuwait is prepared to purchase the English company British Land, one of the biggest  British real estate operators that boasts a portfolio of properties equivalent to around 11 billion sterling just under 13 billion  euro. The Kuwait Investment Authority (KiA) seems to have put forward an offer of 10 billion euro to secure the purchase of the English company. The principal assets include numerous offices in London – around 43%…

A Luxury One Billion Euro Residential Project to Take Place in Croatia

The authority of the Croatian city Dubrovnik has recently approved an ambitious project that foresees the construction of a luxury residential complex. The complex is destined to become one of the most referential avant-garde structures worldwide, distinguished by prestigious villas and a golf course. The estimated cost for this project is quite significant to say the least, the total price coming to around one billion euro. This “tiny” detail has given rise to some controversy, above all amongst Croatian activists…

North Korean Athletes Awarded with Luxury Properties

Following the conclusion of the Football World Cup 2010 in South Africa, the policy adopted by the Korean government with the nations athletes gave rise to great controversy – the entire team were subject to punishment for their scarce performance in the competition. This time around, as reported by an influential source , the government seems to have implemented a policy diametrically opposite. In fact during the Olympics in London 2012, some of the awarded athletes were rewarded for their…

Avicii’s New Exclusive Property in Los Angeles

The famous Swedish producer and DJ Avicii (Tim Bergling) has recently purchased an impressive luxury property in one of the most exclusive and sought-after neighborhoods in Los Angeles. It has been reported that Avicii, who has recently achieved the title as best DJ of the year, was not concerned about the price when purchasing this unique and eye-catching modern property. In fact the price paid to purchase the luxury abode came to around 15 million dollars, at an exchange rate…

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