As bouts of heavy rainfall fell on Cyprus in January, several of the island's reservoirs overflowed, some for the first time in years. In Paphos District, Argaka dam which has a capacity of 990,000 cubic metres, overflowed followed by another small dam in Pomos, which holds up to 860,000 cubic metres of water. The Meteorological [...]
Property-owners in Bulgaria will welcome the news that prices for apartments on the whole remained unchanged in the last quarter of 2011 compared to the third quarter, according to a new report from the Bulgarian National Statistics Institute. Year-on-year, the average price of an apartment has decreased by a mere 1.5 per cent and encouragingly [...]
Anyone hoping to land a job in Australia should take extra care after a number of Brits have been caught out by fraudulent recruiters. There have been reports of agencies making false promises to British job-hunters looking to get employment in Australia, especially in Queensland and Western Australia where there is a skills shortage in [...]
Americans may have come to the end of a 50-year obsession with everything big as the “Great Recession” appears to have taken the edge off the appeal of owning a multi-roomed McMansion. Despite many large homes now being available at rock bottom prices, opulence has lost its sparkle and the average size of new homes [...]
A reduction of VAT on new holiday homes as well as main residences looks set to remain in Spain for the rest of 2012, after the country's new government failed to impose suggested conditions on properties that qualify for the discount. In 2011 Spain's previous Socialist government reduced the amount of VAT payable on new [...]
Affordable air access to Portugal could soon improve after the Portuguese Ministry for Economy and Employment announced they are considering making the recently completed airport at Beja a hub for low-cost carriers. Beja airport is located in Portugal’s rural Lower Alentejo region. Formerly a Luftwaffe training facility, work started on a passenger terminal at Beja [...]
Enjoying some of the best snow conditions in recent years, it's not surprising winter resorts in the French Alps are seeing a surge in interest from skiers looking to invest in a home by the slopes. After visiting the same resort for a number of years, it's not unusual for skiers to want their own [...]
There is to be a faster process when it comes to getting a tourist visa to America. US Senator, Harry Reid has stated that following President Obama's announcement, that not only will tourism increase, but will eventually create more jobs for the locals of Nevada too. It was only last week that Obama said the [...]
Many people who choose to invest in property in Italy wonder whether or not they will require to take out an Italian will in order to leave their Italian property as inheritance. The simple answer to the question 'do I need an Italian will?' is 'no'. It is always helpful to have a will if [...]
In these tough economic times its nice to know that we can still travel abroad for a reasonable amount. Portugal has always been a firm favourite destination for Britons holidaying and moving abroad. Portugal has always been a great place to invest and if you are thinking of buying property in Portugal you will no [...]