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NY property buying rules get bent in ‘scary’ market

New York developers have taken the rare step of easing down payments for residential properties to entice buyers in a sluggish market. The hard-and-fast rule for those hoping to own a New York City apartment was that they must come up with 20 per cent of the purchase price in cash, a formidable barrier to […]

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Brexit bargains: London’s luxury homes take big price cuts

Wealthy buyers are benefiting from political uncertainty — especially if they are paying in dollars Five-bedroom house in Belgravia has cut its original asking price by £1m to £8.95m Aleksandra Wisniewska  For the Financial Times  OCTOBER 24 2019 Brexit uncertainty hangs over London’s luxury property market like a fog. Since the referendum in June 2016, […]

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Firm woos Kenyans to put money in Greece real estate

SUMMARY Property consulting and engineering services firm Avakon Kenya has stepped up its efforts to have Kenyans invest in Greece’s real estate through the European nation’s residence-by-investment programme. Avakon Kenya’s managi ng partner, Kosta Kioleoglou, said Greece’s Golden Visa Programme, which provides access across Europe with a minimum investment in property of €250,000, is one […]

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How Dubai property price declines have slowed in Q3

JLL’s latest UAE Market report revealed marginal declines of just 1 percent in both apartment and villa rents and sale prices in Dubai in Q3. Dubai’s residential real estate market is showing signs of stability with price declines slowing during the third quarter of 2019, according to JLL. JLL’s latest UAE Market report revealed marginal […]