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Budens, Faro region


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This week's Top International Property News

IKEA invites people to sleep over

If you have ever wished you could sleep in a Skubb or curl up on a Kattrup, your dream hotel is finally here: IKEA is offering people the chance to spend the night in a store this weekend for $11.

Investors set sail for the Caribbean

Investors set sail for the Caribbean this summer, according to research from TheMoveChannel.com. The portal's latest Investment Watch report reveals that interest climbed in the Cayman Islands and Bahamas in August, driven by demand for plots of land.

US home sales hit seven-month high

US home sales have hit a seven-month high, according to the National Association of Realtors. Existing home sales jumped to 5.15 million in July 2014, the highest annual pace of the year.

UK has almost 500,000 property millionaires

The UK is home to almost 500,000 property millionaires. House prices may be moderating but they have risen significantly in the last year, a trend that has benefitted expensive homes even more, as the value of Britain’s priciest streets rises by nearly twice the national average.

Down Under down under: Inside the world's only underground town

Friday 18th July was the hottest day of 2014. On that fateful day, temperatures in Kent, UK, soared to more than 32C. In Coober Pedy, Australia, temperatures are almost double that at 51C - in the shade. The solution? They moved the town underground.