From the glory days of the Spanish property market in 2004, to the year Spain's economy is set to grow 2014
Following last week's blog post that explored the subject of veteran movie homes for sale, this week we take a look at their young pretenders. For those who can't move into the exact house that featured in their favourite movie, the answer, apparently, is to simply to create their own replicas …
Movie memorabilia is big business, but for those who still can't get enough of their favourite films buying a slice of movie history in the form of one of the property movie stars of the big screen may go some way to satisfy their appetites.
With housing markets around the globe finally beginning to show real signs of recovery after the crisis of 2008, experts are touting 2014 as a "phoenix" year for real estate in which property prices will rise from the depths, continuing the positive trend that started to emerge in a number of countries in late 2013.
If an octopus can predict the future for football, can property do the same for Rugby? Leading international property portal Propertyshowrooms.com has looked at the year’s greatest sporting event in terms of international property data. To date they have correctly predicted the results of 90% of the tournament’s group games.
Last week, Spain announced a temporary reduction in tax on new-build properties – from 8% to 4% in a bid to stimulate the sale of unsold new properties across the country...
The world’s economy may be all over the place at the moment, but this does not in any way mean that there is not still plenty of money out there for the making in the property market. It is now about four years since the financial problems first begin radiating out from the USA and most markets are still trying their very best to find their feet again.
However, by turning attention away from domestic shores when it comes to property investments, it soon becomes clear that some of the greatest hopes the world currently has for growth and prosperity lie in what would have until recently been described as modestly developing nations.
Real estate you will invest in should be situated in proximity of transportation systems and in walking distance of a good number of local shops and services. It is essential to purchase the correct house or apartment for the market. It is beneficial to be patient and to discover the representative tenant in the selected region and the expected amount of rent they would pay. As soon as you have identified a probable type of renter, select properties that will fit this type.
Way back on the third of November, I advocated in this very blog, that central banks needed to slash interest rates in order to help boost flailing economies. And guess what? I was right! So I reckon I’m going to take the credit for this one (let’s face it, this doesn’t always happen, so milk it while the going’s good, I say!)...
What’s a property investor to do? Tales of a banking crisis in one country or another, falling stock markets and general doom and gloom predictions. Well, you could do worse than head for the sea. Not to drown your sorrows in some misplaced suicide bid, but to invest in property by the waterfront...
Today, we wake up to a new President-elect of the United States of America. Thank goodness. At last, Americans can travel the world and not feel embarrassed to open their mouths, lest someone hears their accent and vilifies them for it (I met an American couple at Heathrow Airport once, who were pretending they were Canadian, just to avoid abuse)....
There’s only one way to curb the current worldwide economic crisis, and that’s by dealing with the problem that started the whole thing in the first place...
Now that the dust (or most of it) has apparently settled following the almost cataclysmic worldwide banking meltdown, the question many property investors are asking themselves is: ‘where is now the best place to buy?’
It’s a fact that people have short memories. I mean, after the shocking bombing of the London Underground in 2005 (was it really three years ago?) it seemed that no one was ever going to use the Tube again. Everyone went out and bought bicycles. But how short-lived all those healthy intentions were. The London Underground is now as packed (and miserably sweaty) as it always was...
It is an undisputed fact that China’s economy has been booming beyond recognition. Unprecedented growth rates and out of this world building construction (Shanghai wouldn’t look out of place in any science-fiction movie) have led to a country which is unrecognisable from twenty years ago – well, the cities anyway. All of which has stunned the world.
Blimey, what a few days it’s been. Every Tom, Dick, and Harry of a financial expert has been jumping on the bandwagon using the word ‘crisis’ to describe the current banking chaos enveloping the United States and beyond. And they’re not wrong. The astonishing collapse of the Lehman Brothers investment bank (the fourth largest in the US) and the even more astonishing bail out of insurance giant AIG has left financial analysts and institutions rooted in the headlights of pure panic, horror, and disbelief.
Skydiving is a cool (if somewhat mad) activity, and I’m told that the island of Cyprus is now a trendy place to do it. It basically entails jumping out of an aircraft at about 10,000 feet, enjoying the exhilaration of freefall, before opening your parachute for a (hopefully) soft landing.
Companies in general (and property companies in particular) are often scared of Television. No, not scared – terrified. It’s because they’ve all seen those undercover TV programmes where secretly recorded dodgy sales people promise clients the Earth in exchange for their hard-earned cash, with unrealistic claims over property appreciation etc...
I was watching a property programme the other night, and pondering the fate of a couple who were complaining that the villa they’d bought in the Valencia region of Spain had turned out to be illegal.
When it comes to property investment, the question on everyone’s lips is always “where’s the next big thing?” By that, I mean the relentless search for a region which most people wouldn’t bother with at the moment in terms of property investment, but which will someday gain the investment respect that countries like Brazil, Panama, Morocco, and Dubai have achieved today.
And so there we were, messing around in a catamaran in the Mediterranean, taking in the view of the harbour and watching the sun glistening on the sea. There was a cool breeze wafting in across the waves and the sound of the water lapping against the hull...
I have just returned from a weekend trip to Morocco. I went partly out of curiousity and partly out of pure shame – after all, here I am living on mainland Spain, almost literally a stone’s throw from another continent, and yet it was to be only my first trip. What was my excuse?
I turned on the telly today, and what did I see? Presenters, commentators, and so-called property experts moaning on about house prices falling in the UK and what a disaster it all is, and how it’s now so difficult for the first time buyer to get onto the housing market. It’s enough to make you want to commit property suicide (if there was such a thing).
A new product has been launched aiming to provide a substitute for cash down payments or deposits, when purchasing off-plan property abroad, particularly in Australia.
I’ve just come back from an interesting trip to Brazil. As the writer for propertyshowrooms.com and IPIN’s latest promotions in this awe-inspiringly vast country, it was with great excitement that I could at last ‘put a face to Natal.’ So, donned as a typical package holidaymaker to Natal, I was intrigued to get a first-hand view on just what this growing tourism region of Brazil has in store.
A shocking statement by one of Turkey’s newspapers Hurriyet reads:
“Turkish property sales to foreigners are to be temporarily halted from Wednesday, declared a Ministry of Public Works and Settlement inline with a Constitutional Court ruling three months ago. A new regulation was delivered to the Board of Ministers for approval.”
Over the last few weeks and months I have heard and read literally hundreds of negative stories about the property market in Spain. Wasn’t it strange then that I was actually paying far more attention to the property magazines and for sale sections of the local Spanish newspapers, if the market was that bad with major estate agents like Viva Estates and Ocean Estates along with a reported 40,000 others closing down or in serious danger of going out of business, why am I so interested in potentially purchasing my first Spanish property now?
The exits are here, here and here, we hope you enjoy investing with IPIN and choose to invest with us again!
There is so much choice and temptation available to today’s property investor that selecting what and when to invest can be quite a daunting decision. With the current volatility of the currency and stock markets, land and property is still the weapon of choice for many due to its historic long term security but when it actually comes to placing a deposit the choice is mesmerising.
In my last blog I wrote how mortgage rates in Dubai are expected to become more competitive. Just a few days later, I read that The Commercial Bank of Dubai has firmly laid down the gauntlet to rivals offering home loans from just 5%. This is a huge step, especially when you consider that the previous lowest market rate was around 7.5%.
Next month I will be off to the SIMA exhibition in Madrid, one of the largest industry exhibitions in Europe. Now in its tenth year, the exhibition gives a fantastic insight into what’s on the horizon for the world of international property.