Miami mansion is up for sale, priced at 1,400 Bitcoins



So-called Bitcoin millionaires who’ve made a fortune from buying up the cryptocurrency in its early days are now looking to cash out by buying up luxury real estate. A report from Realtor.com says that Bitcoin trader Mike Komaranksy is listing his 9,500 square foot Miami mansion for a price of 1,400 BTC, which is equivalent […]

Dubai boom no bust, but get best advice



As ambitious and profitable as Dubai’s luxury development opportunities are, the growing list of cancelled projects there foretells of typical “boom” real estate markets past and present. For every one of the 150 projects now cancelled, there’s probably two more set to make the insightful investor richer. As always, knowing which intel to choose, which advice to take, differentiates winners and losers.

Seller Primer: Easy and effective ways to market your real estate



The great recession that hit the world in 2008 plunged real estate sectors into their worst slump ever. Dubai real estate, for instance, was one of the best real estate markets in the world before 2008, but the region has been performing poorly since. The lack of buyers in the market and glut of supply brought on rock bottom prices which experts foresee as ongoing for some time.

Cancelled and Delayed Projects Increase in UAE



The value of delayed or cancelled construction projects in the UAE grew to $170 billion in the month just gone, in a strong indication that the country’s real estate industry has far from recovered. The 13% increase from projects that were delayed or cancelled in July was revealed last week in a report issued by […]

Dubai Real Estate – Not Dried Up Yet



Just when you thought the American real estate industry was in trouble, news from Dubai suggests things are not much better there. IN the past two years some 200 plus real estate projects have been canceled according to the Real Estate Regulatory Authority there. RERA reviewed some 450 projects, only 237 of which seem destined for completion.

HSBC Helps Homeowners in Dubai



HSBC is set to help home-buyers in Dubai, one of the hardest hit real estate markets in the world, as property prices here have plunged by more than 60% from their peak. The bank has reduced interest rates on 25 year mortgage by 76 basis points to 5.49% and has also eased up on LTV […]

Wealthy Indians Look to Purchase Overseas Property



Recent trends show wealthy Indians looking to acquire more property outside of their country, as property prices in Mumbai continue to rise higher than ever before.  Prime areas on their radar include Dubai, London, and Singapore, among others. According to the regulations set forth by the Reserve Bank of India (RBI), Indians may remit up […]

Wealth Report Says: Rich Still Value Real Estate



Real estate remains extremely important to the richest people in the world, as evidenced by the growth in demand for luxury homes in top cities like New York and London, claims a new Wealth Report by Citi Private Bank and Knight Frank.

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