International Real Estate Portal LoftyVistas.com Re-launched with New Look and Feel and Housing Over

Online, October 22, 2009 (Newswire.com) - Due to the ongoing market conditions, credit crisis, and downturn in the economies around the world, many real estate investors are hunting for cheap properties abroad and inexpensive properties overseas. This is an opportune time for real estate bargain hunters. LoftyVistas.com is ideally positioned to cater to such real estate investment plans and goals due to their many cheap property listings in various countries including Egypt, Turkey, Thailand and Caribbean. Bargains are also available in previously booming markets like Dubai. It is worth emphasizing that many properties are selling at recently discounted prices, and the final selling price maybe even lower than that listed in the portal since sellers are closely and constantly monitoring the pulse of the markets and adjusting the prices accordingly.

"Loftyvistas.com wants to be your source for international investment properties and real estate investments, properties for a second or third home, or vacation properties in countries including Turkey, Egypt, UAE (Dubai, Abu Dhabi), Thailand, Spain, India, Malta, Panama, Singapore, Caribbean, USA (Florida) and others. The property types on our portal include villas, apartments, condos, houses, hotels, land, farms, vacation properties and rentals.", said CEO Chandra Rajaraman.

They list a wide variety of residential and commercial real estate properties. They want to be like Multiple Listing Service (MLS) for those countries which have no MLS. They have over 49,000 property listings from 85 countries and site visitors are from 178 countries. In some countries like Turkey, they have over 10,000 listings. They have over 1700 registered sellers, many of whom are large real estate developers, builders, agents and companies in the previously mentioned countries, looking for local and international / overseas buyers for their fine properties of all types.

In addition to inexpensive properties, LoftyVistas.com has many fine land and hotel listings in Turkey, Egypt, Dubai and Thailand for real estate investors with deeper pockets. They also welcome people who wish to buy a property in a foreign country to retire there due to a variety of reasons including lower cost of living, natural beauty, and fine climate. To summarize, LoftyVistas.com has properties of various types and property sizes, for all budgets, and in numerous locations in many countries. Beachfront properties as well. The portal is available in six languages - English, German, Spanish, French, Russian, Arabic.

"It is a buyer's real estate market around the world, so sellers are desperate in many countries to find buyers, and LoftyVistas.com is glad to provide an additional, effective avenue for sellers to promote their properties online to a global universe of buyers", said CEO Chandra Rajaraman.

"We have created easy to use wizards to enter property and business listings, and our data entry team is also available to enter them for you if you are challenged by the interface. We will support standards-based XML feeds for entry of listings in future.For buyers, we have advanced search forms to sift through the large repository of property listings", said CEO Chandra Rajaraman. LoftyVistas.com allows 20 images/pictures and 2 PDF/Microsoft Word attachments to each property and business listing.

LoftyVistas.com would also like to build an online real estate community. To achieve this goal, they have incorporated blog and forum functionalities to the site. The blogs are a repository of news releases related to real estate, useful and interesting articles on real estate, real estate market trends in many countries of interest to potential buyers and How-to Guides for purchasing real estate in many countries including Turkey, UAE(Dubai, Abu Dhabi), India, Malta, Egypt and Thailand. Site visitors are encouraged to add more useful content to the blogs and forums.