Your Guide to International Property

London’s housing market continues to defy the skeptics. While prices are slumping around the U.K., London valuations remain on pace for a 17 percent increase in 2007, according to the latest Financial Times house price index.

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By Sara Seddon Kilbinger
From The Wall Street Journal Online

The housing markets in the U.S. and the United Kingdom have been slowing, but in India, large-scale residential projects are only getting bigger.

India’s massive urban migration — it is estimated that 220 million people there will migrate to cities in the next decade — has triggered a slew of large-scale residential developments. The rural exodus is largely being driven by workers leaving India’s agricultural sector to take up more-lucrative employment in the rapidly expanding service and manufacturing industries.

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Investors seeking profits in French real estate can often find it in rentals, rehabs and high-end properties. France offers a wide array of investment opportunities which vary greatly by location, from scenic countryside villas and homes in Provence, Languedoc and Bordeaux to luxury apartments in Paris to ski chalets in the Alps and Pyrenees to apartments and villas along the Atlantic coast and the French Riviera.

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The Algarve may have led the way for property purchases but buyers are now looking everywhere, from Lisbon – possibly Europe’s most underrated capital – to Porto, as well as hunting out inland bargains in the vast plains of the Alentejo or the wine-producing Minho region, says Cathy Hawker, Evening Standard.

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Luxury comes in many forms. There is gold taps and sumptuous chintz or there is bare minimalism where less is definitely more.

Hotelier Sonu Shivdasani believes in the second type. He thinks luxury is “space, privacy and simplicity” and has made a small fortune selling this dream to celebrities and wealthy business people through his award-winning hotel chain, Soneva Resorts.

Soneva Kiri

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