70 meter Super Yacht “Reverie” sold for less than usd50million

The largest Super Yacht  build by the  Italian ship yard Benetti, have just been sold to a US resident by a Florida yacht Broker. The Yacht was listed at €62m when it was first on the marked  a few years ago, the last asking price was €36.6million (USd49.5million). Reverie offers exceptional volume that is thoughtfully arranged throughout its seven decks. This highly remarkable yacht provides...

Morgan Stanley – Spain is set to pass Germany as the strongman of Europe, due to the increasing competitiveness of its exports

  Spain is set to usurp Germany as the strongman of Europe, due to the increasing competitiveness of its exports, say Morgan Stanley analysts, who think fiscal rebalancing will continue in the country despite its current political turmoil. "Spain, where unit labor costs are falling due to recession and reforms, and where exports performance is strong, is on its way to become the euro...

3,260 properties sold to foreign buyers on the Costa del Sol the first 6 months of 2013, up 33 per cent compared to 2012

FOREIGN buyers bought 3,260 properties on the Costa del Sol in the first six months of the year. According to the President of the Costa del Sol Tourism Board, Elias Bendodo, this is 33 per cent more than in the same period in 2012. UK buyers lead the way with 630 purchases, followed by the Swedish, with 377; Belgians with 288; Norwegians with 281; Russians with 251, and the French with 200...

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