LEV House

No surprise – Monte Carlo is No 1 in the Global Property Guide’s list of World’s Most Expensive Residential Real Estate Markets 2009, more than twice as expensive, at US$45,000 per square metre, as the runner up. [www.globalpropertyguide.com]
Battling for the number 2 position are prime central Moscow and London. Prime central Moscow’s US$20,853 per square [...]

The call for new taxes on flights to reduce carbon emissions could impact the prices of properties, according to a UK based overseas property company.
‘There has been more discussion and calls for action recently over the impact that air travel is having on the environment,’ they say, ‘And one of the most obvious ways to [...]

The Baltics have till recently been Europe’s hottest residential investment destination, with Estonian house prices (e.g.) rising 556.41% between 1997 and 2006, and 245.95% in the past five years. But residential property in the Baltics is now expensive. Apartments in capital cities are priced at around the same level as in Copenhagen, Helsinki and [...]