Soaring oil prices are affecting property investment across the globe to such an extent that countries that import energy supplies are likely to see even more of a downturn before markets bottom out.

Oil rich Governments who have created secretive wealth funds are investing in property and could help the market recover, industry analysts believe. With trillions of petrodollars to spend they are buying into shopping centres, property funds, hotels, offices, development companies and the residential sector.

The Turkish Republic of North Cyprus (TRNC) was formed on 15th November 1983. It is a parliamentary democracy under the current Presidency of Mehmet Ali Talat.

Property markets are often defined by low costs, long term potential and a stable economy. Many markets have developed so much so over the course of the last decade they can no longer be considered emerging.

Any headline lately including Kenya has been of the civil unrest here. Good or bad, the property market is also a target of much controversy. The questions abound on whether Kenyan property will increase or decrease, or may even become too dangerous to invest in.

The global property market for 2008 offers good and bad elements, depending on where you look and what you are looking for specifically. Many economic factors will play a significant role this year in the property trends we will see.

Cyprus is one of the favourites in terms of European investment, and with good reason. On 1 January 2008, Cyprus will adopt the Euro and will likely see even more interest by foreigners looking to invest here. Cyprus already has quite a bit to offer including a range of opportunities in tourism heavy sectors.