Obelisk International

Portugal has long been renowned for its year-round warm climate including over 300 days of sunshine and its endless Atlantic coastline, two elements that have made it a firm favourite for overseas property investment.

Often considered too remote or perceived as too expensive, Sweden rarely features in a property investment portfolio.

In the midst of the global economic crisis, the latest news from the hotel industry is refreshingly positive.

While governments around the world have been swift to announce measures to keep the economic crisis at bay, the Hungarian government has been rather slow to respond.

Landlocked Austria rarely features on a property investor’s portfolio even though the country is Europe’s second most popular destination for skiing.

The Chinese real estate industry is set to receive a much-needed boost which may include an easing of restrictions on the purchase of second homes.

Mention Morocco to the property investor and Marrakech is the first (and perhaps only) destination that springs to mind.

Two of the BRIC nations, Russia and China, recently signed a historic agreement with huge reciprocal benefits.

Obama’s announcement this week of US$275 billion in funds to help mortgage holders has been widely proclaimed as a much-needed boost to the US housing market.

Uruguay, one of Latin America’s smaller countries, is often overlooked by those drawn to the brighter lights of Argentina, however 2009 offers a completely different story.