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Pavilions Of Splendour International Inc. is enjoying a period of rapid expansion and here is where we share new developments with you. In addition, as the international real estate market is in constant change, we can keep you abreast of trends, markets and opportunities - as well changes to legislation that could affect your valuable investments.
Please select an item of interest below and check back regularly to see the latest. If you prefer, Stay In Touch via our mailing list and be the first to get the news!
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.jpg) |  | The European Commission has found that Slovakia has met the economic criteria needed to adopt the Euro and submitted a proposal to the Council of EU Finance Ministers to take the final decision in July. |
 |  | Attention Cambodia! |
 |  | Attention The Philippines! |
 |  | Attention Poland! |
 |  | Attention Romania! |
 |  | China´s new property law will take effect from 1st October 2007, its proposals will affect foreigners buying property in China.
Broadly speaking the new laws aim to clarify the equal protection of state, collective and private property rights and define the ownership of land and residential property.
There are several clauses relevant for foreign property buyers. One is the amendment affecting renewal of residential land use right. The new law stipulates that once the residential land use right,(70 years), expires it can be automatically renewed. There are also amendments to the methods of compensation for expropriation of property, and laws bringing about compulsory registration on pre-sold property to avoid the seller double-selling |
 |  | The new Building Act became effective on 1 January and the law makers promised that the approval process by the Building Authority will be speeded up and simplified, but investors and developers remain skeptical. |
 |  | Buying an overseas property is a substantial investment and most people will only be able to use their property for 2-3 months of the year, for a much smaller investment you will be the part owner in a possibly more expensive and luxurious property but will not have to pay the full upkeep, taxes for a full 52 weeks. This is where Fractional Ownership comes in...
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Pavilions of Splendour International, Inc.Suite 9, Ansuya Estate, Revolution Avenue, Victoria, Seychelles Ph: +34 95 211 11 78 Fx: +34 95 270 92 96 Email: Click Here Cellphones: +34 655 910 194 / +34 655 910 195 Legal Disclaimer |  |