International Property News

Australia 'is Top Retirement Destination'

Australia has been named as one of the world's most desirable retirement locations in a new poll.

According to research by insurance firm AXA, the country is very popular among people who want to spend their post-working life abroad....
Thursday, January 31, 2008

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Turkey's EU Bid 'Good for Investors'

Turkey's bid to join the European Union could help to benefit investors in its property market, according to an expert.

Rhiannon Williamson, director of ShelterOffshore.com, said the government and most of the population were in favour of the country joining the international body, reports 999 Today....
Thursday, January 31, 2008

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Different Nationalities 'Head to Morocco'

Holidaymakers from Europe are increasingly choosing to spend their leisure time in Morocco, a government official has stated.

Tourism minister Mohamed Boussaid said the overall number of visitors rose by 13 per cent to 7....
Wednesday, January 30, 2008

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Cape Verde Investors to Benefit from Growing Economy

The investment potential of Cape Verde is set to be boosted by further economic growth, according to experts.

Estimates from the International Monetary Fund (IMF) suggest that the country's gross domestic product will go up by 7....
Wednesday, January 30, 2008

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Cyprus Government Predicts Strong Economic Growth

The government in Cyprus is forecasting strong economic growth for the year ahead, according to local media.

Finance minister Michalis Sarris told the Financial Mirror that he was expecting the economy to expand by about four per cent in 2008....
Wednesday, January 30, 2008

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Record Number of Brits Moving Abroad, Claims Newspaper

A British newspaper has claimed that a record number of UK nationals are choosing to move overseas.

The News of the World said the number of Britons relocating abroad went up from 207,000 in 2006 to 250,000 last year....
Tuesday, January 29, 2008

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Buying a Foreign Residence 'is a Popular Ambition'

Company bosses and entrepreneurs are increasingly aspiring to buy their own foreign property, according to a new study.

Investing overseas was found to be one of the most popular lifestyle goals among small business owners in a poll by Abbey Business Banking....
Tuesday, January 29, 2008

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Silver and Blue Coasts 'Cheaper Than the Rest of Portugal'

Portugal's Silver and Blue Coasts could be good spots for investors who are priced out of other parts of the country, according to experts.

The Foreign Property Buyer website said that house prices in the region were set to grow significantly as a result of increased demand for rental accommodation....
Tuesday, January 29, 2008

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British Investors 'Buying Brazilian Property'

Overseas property buyers are increasingly opting to invest in the Brazilian market, according to a newspaper.

British publication the Times revealed that the north-east of the country was becoming especially popular with both second home owners and investors from the UK....
Monday, January 28, 2008

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Winter Blues 'Triggers Desire to Move Abroad'

Seasonal depression is prompting many Britons to consider packing their bags and moving abroad, new research has found.

Foreign exchange specialist Moneycorp stated that January was widely regarded as the most depressing month of the year, due to issues such as the poor weather and post-Christmas debt....
Monday, January 28, 2008

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Growth Forecast in Turkish Property Market

Turkish real estate professionals are anticipating further growth in the market, according to an expert.

Rhiannon Williamson of ShelterOffshore.com stated that Turkey's growing popularity as a holiday destination has led to many visitors choosing to buy holiday homes in the country....
Monday, January 28, 2008

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Booking Holiday Early 'Has Health Benefits'

People can overcome seasonal depression by booking a trip abroad, a newspaper has suggested.

Irish publication the Kilkenny Advertiser stated that many people felt miserable at this time of year due to the dreary weather and post-Christmas debt....
Friday, January 25, 2008

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France Healthcare U-Turn Welcomed

A Labour MEP has welcomed the French government's decision not to implement planned healthcare reforms.

Mary Honeyball, MEP for London, said the news that early retirees would not be required to pay for medical treatment would be "a huge relief" to Britons who have relocated to France....
Friday, January 25, 2008

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More British People Set To Invest Abroad

The overall number of Britons who own a foreign property is set to rise, according to experts.

The Office for National Statistics estimated that approximately two million people from the UK will have invested overseas by 2012....
Friday, January 25, 2008

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Overseas Investors 'Should Buy In Turkey'

Foreign property buyers have been advised to consider investing in the Turkish housing market.

The south-east European country was recommended by Dubai-based news portal 7Days, which said it offered "fantastic" opportunities for property investors....
Thursday, January 24, 2008

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Poor weather drives Irish overseas

The tourist trade in countries such as Spain and Portugal is benefiting from concerns over the Irish weather.

Last summer, both Ireland and the UK were lashed by torrential rain which led to massive demand for last-minute trips abroad....
Thursday, January 24, 2008

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Tennis Star Set To Boost Cyprus Tourism

The tourist trade in Cyprus may be set for a boost from a new celebrity-fronted marketing drive.

According to the Financial Mirror, tennis star Marcos Baghdatis is to feature heavily in promotional literature and adverts aimed at foreign consumers....
Thursday, January 24, 2008

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Britons 'visiting relatives overseas'

Many Britons are visiting other countries in order to visit friends and relatives who have moved abroad, according to official data.

The Office for National Statistics (ONS) highlighted Spain and France as two destinations that were being visited for the purpose of catching up with people who have left the UK....
Wednesday, January 23, 2008

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Dubai 'offers cure for January blues'

Overseas property investors in Dubai are currently benefiting from a surge in the number of visitors this winter.

According to Cheapflights.co.uk, the region's good climate has made it a highly popular destination with British holidaymakers....
Wednesday, January 23, 2008

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Germans 'take holidays in Egypt'

Egypt is becoming an increasingly popular holiday destination among German leisure travellers, new research has found.

A survey by Urlaub Perfekt magazine found that the north African country was becoming a hotspot for holidaymakers from Germany....
Wednesday, January 23, 2008

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Bulgarian House Prices 'Went up Last Year'

Property values in Bulgaria continued to rise at a rapid rate in 2007, a media outlet has revealed.

The Novinite news agency collected figures from real estate agencies across the country and worked out that the average price of residential property went up by 18....
Tuesday, January 22, 2008

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Increased Tourism Boosts Spanish Investment Prospects

Spain's growing tourist sector could be set to boost investment prospects in the country.

Figures from the Spanish government showed that it attracted 59.2 million foreign visitors last year - 1....
Tuesday, January 22, 2008

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Australia 'Offers Lower Living Costs'

British people can enjoy a lower cost of living if they move to Australia, according to an expert.

Liam Clifford, managing director of emigration specialist Globalvisas.com, said the country was proving to be popular with Britons because it was less expensive than the UK....
Monday, January 21, 2008

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Spain 'Will Always be Popular'

Spain's popularity as a holiday destination among Britons is set to continue, an expert has predicted.

Claire Lilley, head of research at Holiday Which?, said the country appealed to people who wanted to go to "hassle-free" locations, such as families....
Monday, January 21, 2008

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Credit Crunch 'Not Denting Consumer Confidence'

Worldwide economic problems are not having a negative impact on overseas property investors, an expert has revealed.

Dominic Whiting, editor of the Buying in Turkey guide, said issues such as the credit crunch and the possibility of a global recession had not dented consumer confidence....
Friday, January 18, 2008

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British Investors Favour European Markets

Overseas property investors from the UK are still favouring established European markets, new research has revealed.

A survey of foreign property owners by A Place in the Sun magazine found that Spain and France were still the top two destinations among Britons....
Friday, January 18, 2008

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BA Announces Flights to Rio

Foreign interest in the Brazilian property market could be set to increase as a result of an announcement by British Airways (BA).

The carrier has revealed that it will begin offering non-stop flights to Rio de Janeiro from Heathrow Airport next winter....
Thursday, January 17, 2008

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Outdoor Activities 'Can be Enjoyed in Morocco'

Morocco could be a good destination for people who want to enjoy outdoor activities, a media outlet has suggested.

Ukrainian newspaper the Kyiv Post said that its good weather was conducive to pastimes such as shopping in the country's markets....
Thursday, January 17, 2008

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Low Interest Rates Tempt Investors to Cyprus

Interest rate cuts in Cyprus could serve to attract more foreign property buyers to the country, a newspaper has stated.

Cyprus became a member of the single European currency at the beginning of the year, adopting the same rate of interest applied across the eurozone....
Thursday, January 17, 2008

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Foreign Investment 'Supporting Airline Industry'

Growing levels of overseas property investment is helping to boost the airline sector, according to an industry group.

The Civil Aviation Authority stated that those who owned a foreign property tended to fly abroad more frequently than people who went overseas for a holiday....
Wednesday, January 16, 2008

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Cyprus 'Has Bargain Properties for Sale'

Cyprus could be a good destination for rental investors hoping to snap up a bargain, according to an expert.

Property author David Peters said the country's popularity as a holiday destination meant there was strong demand for tourist accommodation....
Wednesday, January 16, 2008

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Spanish Tourist Residences To See Greater Demand

Rental accommodation in Spain could be in greater demand this year as more holidaymakers are expected to visit the country.

Holiday industry group Exceltur said that annual tourist numbers were likely to rise from 59....
Tuesday, January 15, 2008

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Cypriots Praised For Welcoming The Euro

People in Cyprus have been praised for their positive approach to the recent currency changeover.

EU monetary affairs commissioner Joaquin Almunia congratulated the island's population for giving the euro a "warm welcome" since it entered circulation on New Year's Day....
Tuesday, January 15, 2008

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Investors 'Find It Easier To Get A Cape Verde Mortgage'

Recent changes to Cape Verde's property buying system have made it easier to get a mortgage in the country, an expert has stated.

Catherine Hearnden, director of MyMortgageDirect, stated that since it is a "young market", it has only a limited selection of products available....
Tuesday, January 15, 2008

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Investors 'To Head For Emerging Markets'

Overseas property investors have been tipped to make further inroads into emerging markets this year.

According to currency specialist HiFX, less established locations are increasingly reducing the dominance of traditional investment spots such as France and Spain....
Monday, January 14, 2008

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UK Tourists Head For Egypt

Many British holidaymakers are choosing to leave Europe in search of some winter sun, it has been revealed.

Online travel agency Lastminute.com said that countries such as Egypt were proving to be highly popular with those who wanted warm temperatures in January, as it had guaranteed sunshine all year round....
Monday, January 14, 2008

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Morocco's Tourist Sector Receives Investment

Millions of pounds are being invested in a new scheme to attract more visitors to Morocco, a media report has revealed.

Approximately £7.3 million is being spent on creating new leisure facilities and tourist accommodation across the south of the country, according to Magharebia....
Monday, January 14, 2008

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REIWA Reports Increase in Perth House Prices

Property prices in Perth, Australia, recorded gains of 1.1 per cent in value during the final quarter of 2007, it has emerged.

Demonstrating the area to be a profitable investment for property buyers, the price hike also followed a 1....
Friday, January 11, 2008

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Asba: Now a Good Time to Buy Property in South Africa

The stagnation in house prices in South Africa makes it a good time to invest in property for the long term, according to senior property analyst for Absa Jacques du Toit.

The average house now costs 964,000 South African rands (72,175 GBP) with prices expected to remain level for 2008, depending on possible interest rate increases, AllAfrica....
Friday, January 11, 2008

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Queensland 'Does Have Affordable Property Options'

Investors looking to purchase property in Australia can find affordable options in Queensland, it has been suggested.

Peter McGrath, chairman of the Real Estate Institute of Queensland (REIQ), commented on figures released by the group which found that units or townhouses are demonstrating high growth levels by offering first-time buyers and easy route on to the property ladder....
Friday, January 11, 2008

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Australia 'is cheaper than the UK'

Australia is a much cheaper place to live than the UK, despite its comparable standard of living, new research has found.

A study by HSBC found that the amount earned by a British citizen in a year would last for 14 months in Australia without any noticeable drop in their quality of life....
Thursday, January 10, 2008

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Cyprus pounds 'can still be used'

Leftover Cypriot pounds will not be completely unusable following the island's entry into the euro, an expert has advised.

Richard Green, travel specialist at the Sunday Times, stated that both currencies would be in parallel circulation until the end of January....
Thursday, January 10, 2008

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Turkey recommended to investors

Turkey has been flagged up as potentially good option for overseas property investors to consider.

Paul Collins of the BuyAssociation website recommended the country partly because of it was much less expensive than other Mediterranean markets....
Thursday, January 10, 2008

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Cyprus appeals to British expats

Cyprus has been praised by two British expatriates for providing them with numerous lifestyle benefits.

Barry and Dee Lill stated that the Mediterranean island was well-serviced by airlines, which meant they could stay in easy reach of relatives back at home....
Wednesday, January 09, 2008

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France 'still has bargain properties'

Investors seeking an affordable foreign property have been advised to look at the French market.

According to the SaveBorrowSpend website, France's popularity among second home buyers has led many to believe that the country no longer has any bargains available....
Wednesday, January 09, 2008

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Southern Europe 'offers winter sun'

The south of Europe has been named as a popular location among winter holidaymakers from Scotland.

King World Travel said that many people were booking last-minute trips to countries such as Spain and Turkey in order to escape the British weather....
Wednesday, January 09, 2008

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Lifestyle grievances 'prompt Britons to move abroad'

Many people are choosing to move abroad as they are unhappy with their lifestyle in the UK.

Issues such as high property values and tax payments were cited by Paul Beasley, editor of Emigrate magazine, as two of the main reasons for people opting to live overseas....
Tuesday, January 08, 2008

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Portugal recommended to investors

Britons who are interested in buying a foreign property have been advised to look at the Portuguese market.

The Silver Coast region was highlighted as a particularly good area for investors to consider by the SaveBorrowSpend website....
Tuesday, January 08, 2008

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Foreign property investors urged to plan finances

People who have invested in foreign property have been urged to plan their spending carefully this year.

Currency specialist HiFX warned that many investors were unnecessarily wasting money because they had not made preparations in advance....
Tuesday, January 08, 2008

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New UK-Cyprus flights to be launched

Leisure travellers in the UK will soon be able to benefit from extra services to Cyprus.

Monarch Airlines will operate extra aircraft on its existing route between Luton and Larnaca later this year, while also adding a new service to the region from Gatwick....
Monday, January 07, 2008

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Cape Verde attracts European visitors

Cape Verde is proving to be a highly popular holiday destination among Europeans, according to new figures.

Official data reported by A Semana revealed that 87.7 per cent of people who stayed in rental accommodation during the first six months of 2007 came from abroad....
Monday, January 07, 2008

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Investor's tastes 'are diverse'

Overseas property buyers from the UK are becoming increasingly diverse in choosing their ideal markets, according to experts.

The National Association of Estate Agents stated that Britons were opting to purchase property in both emerging and traditional locations....
Friday, January 04, 2008

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Cape Verde 'offers strong returns on investment'

Owners of holiday accommodation in Cape Verde are likely to get strong returns on their investment, according to an expert.

Paul Collins from the BuyAssociation website stated that the country's tourist trade was expanding and set to keep getting bigger....
Friday, January 04, 2008

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Investors 'should buy Egyptian property'

Property investors in search of warm weather have been advised to consider purchasing a home in Egypt.

The country was highlighted by the BuyAssociation website as a location that offered that offered guaranteed sunshine all year round....
Thursday, January 03, 2008

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Improved Eurostar access 'would help tackle climate change'

Making Eurostar more accessible to people in northern England could be good for the environment, according to a politician.

Liberal Democrat county councillor Rod Fletcher stated that extending the reach of the Channel Tunnel would lead to more people choosing to travel abroad by rail instead of by air....
Thursday, January 03, 2008

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Cyprus' Euro Membership is 'Momentous'

European commission president Jose Manuel Barroso has outlined the significance of Cyprus' entry into the eurozone.

Commenting after the currency changeover, he said the island had taken a "momentous step" and taken its place at the "very heart" of the EU....
Thursday, January 03, 2008

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France 'to attract British investors this year'

France is set to become an increasingly popular market with British property buyers this year, a newspaper has predicted.

The Daily Mail stated that the country was already one of the world's leading investment spots and tourist destinations....
Wednesday, January 02, 2008

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Morocco 'offers bargain properties'

Investors who are seeking relatively cheap properties in desirable locations have been advised to purchase in Morocco.

Advice website BuyAssociation stated that the north African country was a good investment because houses were on the market at affordable prices....
Wednesday, January 02, 2008

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New flights 'to tempt investors to Turkey'

The introduction of new flights to Turkey is set to trigger a new wave of interest in the country among overseas property buyers.

UK-based newspaper the Daily Mail stated that British Airways was planning to launch a new service to the Antalya region on April 10th....
Wednesday, January 02, 2008

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