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Sales of luxury holiday homes remain a key pillar of the Greek and Cypriot property markets, with sales increasing in 2018 and 2019 by 5.8 % and 12.2% respectively. Popular with buyers across Europe, non-EU nationals were the largest purchaser…
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Chile’s housing market is going from strength to strength, despite the introduction of a property sales tax in the past three years. The average price of new apartments in Greater Santiago saw an increase of 6.49% during 2019, after y-o-y…
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Sydney’s first fully-integrated hotel branded residences has successfully launched in the iconic city. Buyers have spent over $650m (£332m) on apartments at Crown Residences at One Barangaroo, with a record 12 units fetching over £10m each. Developed by James Packer’s…
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A proposal to overhaul New York City’s property tax regime could result in super-prime buyers paying up to five times more tax on a purchase. Mayor Bill de Blasio has welcomed new recommendations by a “high level” Commission to even…
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The first-ever Six Senses resort in the Caribbean has officially broken ground on the island of Grenada. The new project is the latest by the region’s hottest luxury hotel developer, Range Developments, the company behind the celebrated Park Hyatt St…
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Following a year of global uncertainty all property sectors in Macau have experienced a significant decrease in transaction volume. According to the DICJ statistics, Macau’s gaming revenue recorded at MOP 292.455 billion in 2019, fell 3.4% y-o-y. The VIP market…
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Sales of New York City apartment buildings tumbled to near-decade lows last year, after new rent rules scared investors away from properties with regulated units. By all accounts, 2019 was a bad year for those in the business of owning and selling…
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As the market is primed for a slowdown in 2020, the high-end housing markets in Lisbon, Sydney and Moscow look poised to defy the trend that is blighting cities globally this year, according to a recent report undertaken by Savills….
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The victor of the 2020 American election could determine the fate of housing prices across the country, suggests a recent report from Financial services company, BTIG. Since the 2016 presidential election, counties that voted for President Trump have seen stronger…
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