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Couple transforms historic estate in Ireland into country-house hotel

Get going in Girona... This lesser known part of Spain is attracting sporty buyers with a love of golf

Former Liverpool footballer Albert Riera might be playing for Greek team Olympiacos, but when the Spanish left winger decided to invest in property, he naturally chose his home country. The 29-year-old is avoiding the typical Premiership hang-outs of La Manga and Marbella, opting instead for new golf development PGA Catalunya, near the historic town of Girona on the Costa Brava.

In addition to the main house, the 614-acre property includes numerous outbuildings and natural features.

BallyFin, a historic estate in Ireland’s central County Laois, opens May 1 as luxurious country-house hotel. After a nine-year effort, the Irish Regency-style mansion, dating from the 1820s, and its surrounding 614-acre park have been restored to a pristine state of period grandeur.

Asia in the spotlight at MIPIM event in Paris

Andrew Batt Property Report 06.03.2011
Investors Prefer German Commercial Property to British Real Estate

The latest report published by CB Richard Ellis suggests that property investors prefer real estate in Germany to commercial property in UK.

Asia in the spotlight at MIPIM event in Paris

Real estate opportunities opening in Asian markets, along with Asian investment flows to world markets, will be one of the highlights of next week’s MIPIM 2011 event in Paris, where China’s fourth largest city, Chongqing, will exhibit for the first time.

NAMA central to €99.9m Google D4 property deal

Laura Noonan The Independent 19.02.2011
Spanish banks display their risky appetite for property

Big mortgage loans keep Spanish savings banks tied to real estate market and hoping for a brighter future in property. They are officially banks but they have become Spain's main real estate agents, according to data from the country's banking sector which reveals the extent of their risky property assets.

Google had a particular interest in Montevetro since the online giant already has a significant operation across the road at the Gasworks

THE National Asset Management Agency (NAMA) yesterday claimed its first public victory in the property market, announcing the "intrinsic role" it had played in the €99.9m sale of the Montevetro building to internet giant Google.

Chinese investors develop a taste for French vineyards

Cash rich mainland Chinese investors have developed a nose for fine wine and are on the hunt for vineyards in France.

Europe heading for a two tier property market

Tougher regulations, austerity, the eurozone sovereign debt crisis and a still tight lending market will challenge Europe’s real estate industry in 2011, according to a new report.

Bulgarian property market to pick up as year progresses

International Business Times 31.01.2011

For Spain, Real-Estate Outlook Appears Bleak

WILLIAM BOSTON The Wall Street Journal 06.01.2011
Bulgarian property market to pick up as year progresses

Real estate consultancy Colliers International predicts that the Bulgaria property market will most likely be seeing an increase in residential property sales in remaining months of this year, which will help pave the way for a revival of the property market.

For Spain, Real-Estate Outlook Appears Bleak

Amid all the uncertainties facing European real estate in 2011, there is one abiding belief: Spain is headed for more pain.

Stronger real estate market in Sweden

Stockholm News 02.01.2011
Spanish property proving popular with British investors

There has been an increase in the number of British property investors looking to purchase homes in Spain, new figures suggest.

The real estate market is imroving in Sweden, especially in Stockholm. Photo Tommie Ullman/Stockholm News

The real estate market in Sweden has been strengthened during 2010. But it has not fully recovered from the stagnation following from the financial crisis.

Cyprus property building permits rise

A Place In The Sun 29.12.2010
Bulgaria's home property market likely to hit rock bottom in 2011, estate agents say

Housing property prices in Bulgaria are expected to hit rock bottom in 2011, recovering after that point, estate agencies said.

Cyprus property building permits rise

There may still be a way for you to get your hands on those assets. For just about every category of unclaimed property, there is a government lost-and-found department. You can usually search for and retrieve your missing property for free by going directly to the agency responsible for its safekeeping. Based on a review of several government agency websites, the process typically involves looking for your name on a list, completing a claim form, having it notarized and presenting some type of documentation proving you are the rightful owner of the assets. Here are five examples of the kind of lost loot that might turn up when you start searching

Obidos, a town in central Portugal. Falling property prices are creating good investment opportunities for buyers in this part of the country. Photo: Jon Arnold Images Ltd / Alamy

Estate agents and developers in Portugal are growing increasingly pessimistic about the country’s property market, a report suggests.

Hyatt Hotels & Resorts opens its first property in Dusseldorf

Hyatt Hotels & Resorts has announced the opening of Hyatt Regency Dusseldorf, its first property in Dusseldorf, Germany.

Allied Irish Banks moves £7.9bn property loans to country's 'bad bank'

Allied Irish Banks has handed over property loans worth €9.3bn (£7.9bn) to the country's bad bank as the lender's debt was downgraded along with that of many of Ireland's other major banks.

Buying In Bulgaria -Holiday Home or Permanent

Buying a home seems like an easy and exciting task and when you first make a viewing trip to Bulgaria, it's so easy to get carried away by the beautiful scenery and relaxed way of life that often you neglect to consider certain points that are of vital importance when purchasing your first Bulgarian dream pad. One of the most important points to consider is whether you will use this home as a permanent home or a holiday residence - this will make a great deal of difference in the way you use your home and the things you need to include in it. Here are a few helpful pointers to help you in your decision.

Quinlan and Maud's purchase of Citigroup's tower in Canary Wharf confirmed Ireland's increasing property prominence in London. Photo: Getty

It was the heady days of July 2007 – the last moments of the pre-credit crisis era and the first of Gordon Brown's leadership – when Irish tycoon Derek Quinlan and joint venture partner Glenn Maud announced a property deal that would rock the City.


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Disclaimer: The information presented and opinions expressed herein are those of the authors and do not necessarily represent the views of Estates Report and/or its partners.