US Real Estate A Bargain For The Chinese

February 17, 2009
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The Chinese are coming to the United States and they are grabbing real estate properties left and right. The Chinese apparently finds US real estate quite a bargain considering the low average home prices as a result of the housing problem the country is experiencing. Proof? Ying Guohua, a Beijing lawyer, is looking for a $1 million dollar home either in Los Angeles or New York not only as an investment but in preparation for his 5-year old son who might one day study College in the US.

Ying is only one of the growing numbers of Chinese nationals who are considering investing in America’s real estate. The real estate slump…

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Filed Under: Luxury Real Estate, Real Estate Investment

Jamaican Real Estate Becoming A Showcase For High-End Living

February 13, 2009
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Majority of the world’s real estate destinations maybe experiencing a downturn but Jamaica is definitely on a roll. This exotic country is your typical developing country with glimpse of poverty on the side and luxurious golf courses and resorts on the side.  However, beyond the usual scenery lies the beginning of a property boom characterized by the Palmyra Resort which has been transplanted straight from far away Miami. With 11 villas and 277 apartments to cater to tourists and real estate investors at a price of up to $3.5 million for beachfront villas, Jamaica is fast becoming a showcase for high-end living.

The government has recently announced the construction of an…

Obama’s Team Ups Demand For DC Condos

February 12, 2009
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Capitol Hills’s condominium market is experiencing a surge thanks to President Barack Obama, specifically to his team who are starting to migrate to the country’s capital city. The increasing demand for abode and condominium units has somehow created an excitement among Capitol Hill’s real estate sector which has also been feeling the economic slump. Condominium sellers in the area have started to spruce up their units with a view of having them rented or sold to the administration’s staff and team.

Almost half of the city’s condominium inventory is located in Washington, D.C. and this is where Obama’s people are headed now that he has started his first weeks in office.…

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Filed Under: Luxury Real Estate, Real Estate Investment

Billion-Dollar Casino-Entertainment Complex In Arundel Mills Eyed

February 9, 2009
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A super rich developer with plenty of ready cash is eyeing a billion-dollar project that will put up a casino and entertainment complex in Arundel Mills. Cordish Companies president David Cordish said the plan includes the construction of the largest casino in Maryland, live entertainment venues and hotels. He said the project will be the stimulus that the government is looking for to prep up the economy amid the real estate downturn and economic crisis. Cordish promised to hire over a thousand construction workers immediately after the project is approved.

Cordish envisions a $1 billion residential, retail, entertainment and casino fixture in Arundel Mills which will provide up to 2,000 construction…

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Dubai’s Ambitious Island Project Continues

February 6, 2009
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Humans have once again proven their ingenuity and brilliance. They proved it this time with the creation of a 300-island resort right at the Arabian Gulf in Dubai. It seems that the Emirates is not feeling the economic pinch as its government is pushing for the realization of  such an ambitious project which can only be found in Dubai.

Imagine its project name, “The World”! At the helm of this new world creation is Nakheel Properties which is a company owned by the Emirates government. Each island of The World is up for sale but per invitation only. But it’s worth the $15 million to $50 million you are investing to be able to buy…

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Get A Luxury Home For A Million Dollars Or More

January 2, 2009
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If you want to live in a palatial and luxurious house then you have to shell out at least a million bucks to fulfil your dreams. Take this 5,000 square foot property in Wenonah, New Jersey worth $1.03 million with four bedrooms and four and a half baths.

Anyone would fall in love with this Victorian property’s design including its turrets and the kitchen window wall in the shape of a half oval. The house also boasts of intricate details like the chair moldings, chandeliers, wall sconces and the mahogany porch.

This home’s interiors is not just the main attraction here though because the property boasts of an in-ground pool and landscaped…

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Filed Under: Luxury Real Estate, Real Estate
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