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Keep your finger on the pulse with the latest international property investment news. Ensure that you’re fully aware of the latest developments in the international property arena and check this page for news updates on residential and commercial property markets.
Superb investment opportunities in new emerging marketsWith annual appreciation estimated at 25 percent in Brazil and only AED40, 000 needed as a down payment in India, eyes are turning to the emerging markets of today. As the 4th largest economy in the developing world and a BRIC country, Brazil is one of the fastest growing economies and is forecasted to become a world leader. The buying process in Brazil is simple and very similar to European procedures; the cost of living in Brazil is 20 percent below European average and the real estate market is experiencing capital appreciation of 20+ percent per annum. Trump to Step into Europe via Trump Towers Istanbul ProjectThe Trump Organisation, headed by famous American real estate mogul Donald Trump, comes to Europe with its Trump Towers project in Turkey following a number of luxury investment projects in renowned cities around the world. The Trump Towers complex, comprised of two towers and one luxury shopping centre, will be erected in Istanbul's Sisli district. The project will be carried out jointly by the Dogan Family, Tasyapi, Trump Organisation and Yesil Insaat. Trump already has projects in New York, Las Vegas, Chicago, New Orleans, Dubai, Honolulu and Panama City. The first phase of the project began with a signing ceremony held at the Trump Organisation’s offices in New York. The complex includes two towers, one of which will host offices and the other residences. The Trump Towers will feature a cinema, world famous beauty salons and fitness centres, restaurants and cafes, and a shopping centre in addition to the luxury residences and office units of varying sizes. Covering 23,000 square metres, Trump Towers Istanbul (Sisli) is due to be completed in 2010. ‘We are proud to declare that Trump Towers will be built in Istanbul...we believe that a city as important as Istanbul, which is on its way to becoming a global tourism center, will gain enhanced brand value and an international reputation through these kinds of important investments’ Yalçindag said at the signing ceremony Noting that the Trump Towers Istanbul project is The Trump Organisation's first project in Europe, Trump enthused, ‘We are excited to enter the European market with the Trump Towers project in such a historical city as Istanbul. We believe that this important project in this fascinating city will achieve great success.’ Useful Resources Partners Programme
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