International

Upscale Puerto Vallarta Condos Headed for Auction Block

The market for high-end condos and other resort properties in this west coast Mexican city isn’t n

Tomson Riviera Still Selling, Despite Property Bubble Anxiety

The peak of the Chinese real estate bubble has been predicted for some time now, but if the price that an apartment in Shanghai’s Tomson Riviera complex recently fetched is any indication, buyers are still willing to pony up the big yuan. Late last year, a 600-square meter (6,450 square feet) apartment in Tomson Riviera sold for 96.09 million yuan ($19.6 million) to an unspecified but obviously wealthy buyer.

Dubai Apartment Market Stabilizes

Infamous for how far its property markets have fallen in recent years, Dubai is seeing signs that its MF market, has touched bottom.

Kimidar Group to Develop Residential Property in Hurghada, Egypt

Kimidar Group, a developer as well as a major tour operator in Egypt, has unveiled plans for Golden Park Resort & Spa, in Hurghada, Egypt, on the Red Sea. The property will consist of apartments, villas and penthouses in a resort setting, with 300 residences for sale in the first phase.

Grupo Del Sol Unveils First Phase of $18M Master Development on Isla Saboga

Grupo del Sol has partnered with the Mexican architectural firm GVA & Associates and Dr. Dan Chiras of The Evergreen Institute to create an exclusive island destination located off of Panama’s Pacific coast.

Lighthouse at Oyster Bay Is Now Open

The Lighthouse at Oyster Bay, St. Maarten’s newest privately owned luxury condominiums, and the Pavilion, a 40-unit timeshare building is now open.

Q&A with Jack Perlman: Escrow Provides a Sense of Security for Investors in Mexico

Jack Perlman is a real estate developer in Playa del Carmen (main beach town in the Riviera Maya region, by the Caribbean Sea) and owner of Condo Hotels Playa del Carmen. Perlman is opening a fifth luxury condo called El Taj Condo Hotel (pictured) this January, as well as an upscale beach club.

Heller Manus Architects Selected to Lead the Design and Construction of China Project

-Heller Manus Architects has been chosen to design the master plan for a crucial portion of Guangzhou, China’s growing metropolitan area. With a population of 10 million, Guangzhou is China’s third largest city and covers nearly 1,450 square miles.

International Buyer Demand for U.S. Real Estate Decreased Due to Recession

Interest in U.S. real estate from international buyers declined due to the worldwide recession and severe credit crunch, according to the 2009 National Association of Realtors Profile of International Home Buying Activity.

Expert: U.S. Falling Behind Europe in the Green Race

While America’s green building market will likely continue its rapid growth over the coming years, architects, developers and contractors in the U.S. could still learn a lot from their European counterparts, according to engineer Jerry Yudelson, a green building proponent.