California property lined up for faster rail

Some of the new high-speed rail links planned to receive federal funding in the US will be in California, it has been announced.President Barack Obama's list of routes earmarked to receive the government cash include the California Corridor, which would link up the San Francisco Bay area, Sacramento, Los Angeles and San Diego.Such a link [...]

By |2009-06-08T15:18:10+01:00April 17th, 2009|Articles|

Overseas property to recover in 2010?

President of the European Central Bank (ECB) Jean-Claude Trichet has said that the world economy may face a tough 2009, but should see recovery in 2010.Speaking in Tokyo, Mr Trichet commented that the ECB had some major decisions to make to help ensure this happens, stating: "Confidence today relies equally upon the audacity of our [...]

By |2009-05-06T08:25:37+01:00April 17th, 2009|Articles|

Budapest property seekers in potential airport boost

Budapest Airport has said construction work will start on a new terminal at the end of this month, it has been revealed.The Terminal Two Sky Building will commence later this month to enhance the existing facilities there, Portfolio reports.It is part of a project of improvements at Ferihegy Airport that will cost €261 million (£230 [...]

By |2009-06-08T15:02:40+01:00April 16th, 2009|Articles|

Reminder of Faro qualities for Algarve property seekers

The qualities of the city of Faro have been highlighted in a feature on the Algarve region.In an article that is part of a series on the area, Chicago International Travel Examiner said there is much to see and do in Faro.The paper stated that some of the best architecture includes the cathedral with its [...]

By |2009-06-08T15:02:25+01:00April 16th, 2009|Articles|

Investors returning to Orlando property market, say experts

Central Florida's housing market - including the Orlando property scene - is picking up again, professionals involved in the sector have stated.Investors and first-time buyers are said to be coming back in large numbers to pick up bargains due to lower prices, with half of these being repossessed properties or those short sold, in which [...]

By |2009-06-08T15:02:03+01:00April 16th, 2009|Articles|

More property in the USA to be foreclosed, says Obama

US president Barack Obama has said there will be more foreclosures to come in the next few months as the country continues to suffer from the recession.The president claimed that initiatives to bolster the economy are starting to work, pointing to some positive indicators as "glimmers of hope".However, he added: "The severity of this recession [...]

By |2009-06-08T15:10:12+01:00April 15th, 2009|Articles|

Tuscany property seekers in marathon opportunity

Pisa stages its annual marathon in May, allowing runners and spectators alike to enjoy a feast of architecture, culture and at least a little athleticism.Listed by Run Abroad as one of '101 races to run before you die', the event takes place this year on May 17th, with the 26-mile challenge starting in the nearby [...]

By |2009-06-05T16:24:00+01:00April 15th, 2009|Articles|

Costa del Sol positive vibes hailed

The city of Marbella has a positive mood about it as a place for tourism, a property expert has commented.James Gonzalez of Obelisk Investment Property was quoted by Off Plan Property Exchange as saying of the location: "Marbella is fast regaining its status as a world class tourist spot and second home destination and there's [...]

By |2009-06-08T15:03:05+01:00April 15th, 2009|Articles|

Brittany property hailed as cheap tourism option

Taking a holiday in a rented Brittany property could be a good way to save money, it has been suggested.In a feature on how to get away for less during the credit crunch, the Daily Telegraph said this was one of the options for people keen to go overseas without doing so on a large [...]

By |2009-06-05T16:26:18+01:00April 14th, 2009|Articles|

Florida property to go green in eco-city plan

A new eco-city plan has been unveiled that will see a new settlement in south-west Florida run entirely on solar energy.Babcock Ranch, which will have 19,500 homes, will have its electricity produced by a 75MW solar generator, which will produce more power for the national grid than the population will use in a day.Although the [...]

By |2009-06-08T15:10:51+01:00April 14th, 2009|Articles|