Another 'great revolution' is happening in Libya and - you guessed it - it's all about property. The one-time pariah state is opening its doors to foreign buyers and, in an attempt to attract gin-guzzling infidels from the West, is even considering designating alcohol-consumption zones in the otherwise dry country. The recent thaw in diplomatic relations with Libya, coinciding with changes in property ownership laws, has seen a number of foreign developers enter negotiations with Qadhafi's government over tourism and housing schemes. But this new market is not without risk: the concept of property ownership is relatively new, the associated laws are constantly changing, and obtaining a visa can still be difficult. [The Observer]