A Must Read for Real Estate Fanatics!

Combining our love of real estate literature, celebrity lifestyle and a phenomenal sense of humour, this has become one of my favorite blogs to follow. Get pictures, floorplans, price tags and often enough a fowarding address for your favorite celebrity's pads, second homes, estates they leave to their ex's and just about any other real estate property they may own!

Overseas Property Trends

Following tax rate increases, announced 50% of income tax-rates and clamp downs in the U.K, upscale real estate agents and law firms report that there is a “wealth exodus” taking place in the U.K. As published in the 2010 issue of OPP (Overseas Property Professional) Magazine, England’s wealthiest are out to buy new permanent addresses. Traditional European tax havens such as Switzerland and Monaco are always sought after, but changes in the tax regime are generating much buzz around upmakrt properties in Portugal, which also benefits from its reputation as a landmark retirement destination.
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A Home for Everybody in Cape Verde

According to a study completed in 2008, the archipelago of Cape Verde has a shortage of over 80 thousand homes. The government has recently announced the creation of a program entitlesd Casa para Todos, (a Home for Everybody), which aims to tackle the shortage in housing on the archipelago which is estimated to be of over 80 thousand residences short.
The government plans to build eight-thousand social houses and rehabilitating close to 15,000 others until 2011.
Cape Verde may recieve the first installment of a special credit line made available by the chinese goverment as early as this year. The enitirity of this credit line will go towards real estate construction costs for those in Cape Verde in need.