Austria has become the new hotspot for real estate investments. The much loved country for both summer and winter getaways has seen an increase in sales to foreign buyers. Italians have proven to form a large part of the number of foreign buyers, the majority coming from Alto Adige, on the border of Austria. A more attractive location for investing considering the critical economic situation in Italy. Buyers are particularly interested in the North Tyrol and the western regions of…
Singer Mariah Carey has a new neighbor. Ex-tennis player sensation Pete Sampras and actress Bridgette Wilson-Sampras have purchased a prestigious Californian property close to the singer in the exclusive neighborhood, Bel Air in Los Angeles. The ex-champion has recently purchased this wonderful 500 square meter house for a total of 6 million dollars. Moreover, the tennis player has recently sold another luxury property of his for an impressive amount of 13 million dollars. This luxury home in Los Angeles is…
Real estate for sale in Croatia is particularly aimed toward high-end investors. What does this say about the real estate market and how it will evolve for a nation that has recently entered in the EU in July 2013? The truth is that an immediate change was not noted in consequence of this step. Continual price drops have occurred, due to the worldwide critical situation. From 2007 to 2012 real estate prices decreased gradually, until arriving at a drop of…
Owning a property in a paradise oasis is a dream come true for many, a getaway amidst a panoramic setting with a wonderful climate. Brazil ticks all the right boxes for such a destination, with strong political and economic developments Brazil seems to be a rather appealing location for investments. However, this does not necessarily mean that the evident appeal to purchase a high-end property in Brazil is that straight forward. A recent report carried out by global rating agency…
Purchasing properties in Europe is much cheaper today than in the past. The current, familiar and widespread difficult economic situation has had a domino effect on the real estate market. It is now necessary to lower property prices to avoid a total collapse in the market. Countries such as France and the Netherlands have had to compromise and drastically lower their prices. Prestigious properties in these countries, amongst the most costly in Europe, have had a fall in prices. Consequently…
Following the sale of his luxury villa in Malibu, Leonardo Di Caprio has purchased a spectacular property at Palm Springs. The new Californian property, once owned by famous actress/singer Dinah Shore from the 40’s and 50’s, cost a total of 5.2 million dollars. The premium Palm Springs property covers a grand total of 652 square meters, composing of six bedrooms, a swimming pool, a tennis court and a private gym. The entire structure of the building was created with the…