Overseas Living Crowns Italia Estate as 'Best Redevelopment Group, Italy - 2010' in its Annual Luxury Lifestyle Awards

LONDON, July 13, 2010 - What and where is a typical Italia Estate property? "We usually take care
of one project at a time," says Daniele Bonvicini. "We're a small player.
We're not competing with much larger firms. Most have a very different market
to us. What we do is concentrate on areas that aren't too close to any
airport - or too far. We like the Le Marche region in particular. Good
transport connections, central north-east Italy so it's close to the hills
and mountains, yet it's also a close drive to the sea."

"The market has been quite slow for many people, so valuations really are
very reasonable," says Bonvicini. For buyers wanting finance, funds are still
in modest supply but loan-to-value rates are possible up to 80 percent he
says. Freehold and leasehold law is also very straightforward, unlike in the
UK," and Italia Estate are the perfect company to take buyers through it.

Overseas Living crowns Boutique Residence as 'Best Luxury Development,
Cyprus - 2010' in its annual Luxury Lifestyle Awards

Renovating one of Limassol's landmark buildings into the opulent settings
of the Boutique Residence is not only a business venture but an ambition come
true.

Talking to the instigators behind the Boutique Residence project, it is
obvious that, to them, this is far more important than just another
run-of-the-mill business venture. The Boutique Residence is truly and
unquestionably a labour of love, a personal bet to achieve the challenge of
creating a space of affluent luxury and unashamed leisure. Every detail,
however small and seemingly irrelevant, has been feverishly thought of,
vigorously researched and painstakingly implemented. Every little trimming
has been designed as a perfect fit to the natural aura of peacefulness and
good will that the building so abundantly exudes. Make no mistake: what they
have envisaged is not a building that only functions as a roof over the head,
but a home where calmness prevails and the community idea reigns supreme.

About the Overseas Living Luxury Lifestyle Awards

Each year, Overseas Living's Luxury Lifestyle Awards give recognition to
the finest, market-leading developments, developers and services in all areas
connected with living abroad. Overseas Living, itself the definitive guide to
living abroad, casts a critical eye on companies and projects across the
world to pick out those truly deserving of their prestigious awards.

Notes for editors:

For further information, go to www.overseasliving.co.uk, for the
latest economic and financial commentary from around the globe.

Overseas Living is published by World News Media.

World News Media is a leading publisher of quality financial and business
magazines, enjoying a global distribution network that includes subscriber
lists of the most prominent and senior decision-makers around the world, as
well as comprehensive airport, hotel and conference site distribution.

For further media information contact: Overseas Living, Michael McCaw, +44(0)20-7014-0370, michael at wnmedia.com