The Spanish government has approved a plan to sell of a quarter of its state-owned properties in a bid to raise hundreds of millions and boost the government's empty coffers. In plans approved last week by Spain's cabinet, some 15 thousand properties...

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...

The increased tax burden and greater complexity of a new real estate tax system in Turkey may discourage foreign investors, reported the Hurrietdailynews.

The new value added tax (VAT) law, which will especially impact small luxury hous...

The total 2012 income of Tashir Group will amount US$ 2.9 billion, told company vice-president Vitaly Efimkin during press conference.

Last year "Tashir Group" built 11 properties, especially retail development, 7 of which under the bra...

Seeking to cement its position as a Middle East center for transport and tourism, Dubai has unveiled several grandiose construction projects that bear some of the hallmarks of the debt-laden boom years that nearly brought the emirate to its knees, re...