Spanish soccer super-team Real Madrid have announced plans to construct a US$ 1 billion luxury resort in the United Arab Emirates - and to ensure a truly unique location, the sports company plans to construct an archipelago of artificial islands upon...

According to Knight Frank company research, luxury house prices in Paris rose by 22.2 percent in the year to march 2011. Prime property in Paris recorded the strongest price growth of all the cities monitored within the Knight Frank Prime Global Citi...

As reported by Regnum news agency, according to A-Realty Group real estate agency, the cost per square meter in the center of Moscow is reaching half a million rubles ($18,000). The average price per square meter in the center has reached 412 thousa...

On April British Chesterton consulting considered the world's property markets and has estimated how many years need a family to buy a luxury apartment. The first was Hong Kong. Here on the luxury housing an ordinary family has to save 205 years. The...

Famous Russian composer Igor Krutoy bought a luxury apartment in New York, at a famous Plaza Hotel with a panoramic view over Central Park. The apartment has about 557 square meters and cost more than $40 million. As Wall Street Journal reported, thi...