The Norwegian Government has revealed plans for the construction of the world's first ship tunnel through a mountain to help ships navigate a dangerous section of the country's south-western coast.

The government has agreed to provide U...

At the end of last year Spain officials decided to offer foreigners residency permits if they buy houses worth more than 160 thousand euro - to try and reduce the country's bloated stock of unsold homes. Today the same decision made Greece. According...

A London house is set to smash Britain's price record after going on sale for US$ 388 million - 700 times more than the US$ 565 thousand average property value in the capital. With 4645 square meters of living space, it is 30 times bigger than a typi...

Yet in the end of 2011 Germany's Porsche design Group and a local developer Dezer Properties planned to build Porsche Tower in Miami with "Sky Garages". Now in April 19 construction work is starting on the Porsche Design Tower Miami, a luxury reside...

Monaco, a luxurious Mediterranean city-state renowned for being home to some of the world's wealthiest moguls, will soon boast the world's most expensive penthouse, a residence expected to fetch US$ 387 million when it goes on the market next year. T...