Real Estate News Blog February Archive

Real Estate Round Up in Trinidad and Tobago

By Art C Ryter at 02/08/07 17:36

Three things are working for increased real estate values in Trinidad and Tobago; low interest rates, meaning low mortgage payments; high liquidity in markets meaning that there’s a lot of money seeking higher returns; and finally the confidence in the strength of the Trinidad and Tobago economy. These factors make investment in these Caribbean islands a great opportunity.

Original source: TerraCaribbean. [404 Check: was link to http:/ / www. terracaribbeanbarbados. com/ section. asp?SECTION_ ID=4&SUBSECTION_ ID=&SECTIONINFO_ ID=125&COUNTRY_ ID=0&COUNTRY_ NAME=&SECTION_ NAME=News, anchor: Real Estate Round Up in Trinidad and Tobago]

Cape Verde: the new Bulgaria

Cape Verde has the potential to become the next big real estate investment opportunity due to its proximity to Europe and the general appeal of the Caribbean. There is great potential for development as foreign aid and tourist spending create demand for improved infrastructure.

Original source: Assets Property News Service. Cape Verde: the new Bulgaria

Related Group Plans $1 Billion Push Into Mexico Real Estate

The Related Group, a privately-held real estate development company will be investing heavily in Mexico. Construction on various properties, including beach front second homes, condominiums, and hotels in Puerto Vallarta, Acapulco, Zihuatanejo, and Costa Rica will begin within the next six months to a year.

Original source: Bloomberg. Related Group Plans $1 Billion Push Into Mexico Real Estate

Real Makes Brazil Dollar Beater, Haven for Capital (Update1)

The rise of the Brazilian Real against the U.S. dollar has made Brazil an expensive travel destination. Money flowing into Brazilian banks because of high interest rates and rapid appreciation is affecting export prices on items from sugar to Volkswagen cars. Brazilians however, taking advantage of their currencies value, are traveling to Argentina and Chile for wine tasting.

Original source: Bloomberg. Real Makes Brazil Dollar Beater, Haven for Capital (Update1)

Glitz is back at South American summer playground

Punta del Este, Uruguay, known by people in the know as just “Punta” is experiencing a renaissance as the rich and famous continue to come to enjoy the miles of beautiful coast. Punta’s tourist population is diversifying with a greater flux of Europeans and Americans complimenting the traditional Argentine party atmosphere. As the city’s popularity grows, property prices and development are rising. A small price to pay for hob-knobbing with people like Ralph Lauren and Naomi Campbell.

Original source: Reuters. [404 Check: was link to http:/ / today. reuters. co. uk/ news/ articlenews. aspx?type=reutersEdge&storyID=2007 -02 -05T135049Z_ 01_ NOA549510_ RTRUKOC_ 0_ URUGUAY -PLAYGROUND. xml&pageNumber=2&imageid=&cap=&sz=13&WTModLoc=NewsArt -C1 -ArticlePage2, anchor: Glitz is back at South American summer playground]

Buying in Central America

Low real estate prices combined with the allure of life at a tropical retreat have long drawn second home buyers to Costa Rica, but increasingly other countries in Central America, from Panama to Belize and even Nicaragua, are seeing foreigners snap up ocean-view condos and beachside homes. Be sure to familiarize yourself with foreign ownership laws, hire a good lawyer, and seek out that perfect second home on the coast.

Original source: New York Times. Buying in Costa Rica

Buying in Central America

Low real estate prices combined with the allure of life at a tropical retreat have long drawn second home buyers to Costa Rica, but increasingly other countries in Central America, from Panama to Belize and even Nicaragua, are seeing foreigners snap up ocean-view condos and beachside homes. Be sure to familiarize yourself with foreign ownership laws, hire a good lawyer, and seek out that perfect second home on the coast.

Original source: New York Times. Hilton Managing Properties in Costa Rica

Hilton Managing Properties in Costa Rica

Effective in December of 2007, Hilton will manage a 202-room property in Guanacaste and a 410-room property in Puntarenas, Costa Rica. They should be branded with the Hilton name.

Original source: Associated Press 01.10.07, 12:23 PM ET. [404 Check: was link to http:/ / www. forbes. com/ feeds/ ap/ 2007/ 01/ 10/ ap3317819. html, anchor: Hilton Managing Properties in Costa Rica]

Discover How to Invest In Luxury Mexican Beachfront Condos with

Suggests that you can invest your IRA in foreign real estate if you change the structure and depositor of your IRA. Popular foreign investment opportunities are in Mexico and Costa Rica. You might want to talk your investment potentials with your accountant, financial planner, or your lawyer, as this article does not provide the advisor’s qualifications.

Original source: http://www.bestsyndication.com/?q=011807_mexican-condo-beach-front-real-estate-lease.htm. Invest in Mexican Property with your IRA

Costa Vista Land Announces Opening of New Office

A fast-growing Costa Rica real estate development company, announces the opening of their new office. This press release talks more about their new 4,300 sq. ft. office than it does about their services for purchasing real estate in Costa Rica. You’re supposed to be impressed that the office takes up a full floor in a building in San Jose, Costa Rica.

Original source: http://www.emediawire.com/releases/2007/1/emw498375.htm. Costa Rica Real Estate Development