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International Property News
Property News and Real Estate Articles for March 2008
Welcome to the Propertyshowrooms.com International Property News section. Click on the title of any of the news articles below to read the article. For media professionals please go to our Media Section for information and statistics on overseas property and the real estate industry in general.
Problems in the Spanish property market are not affecting the whole country, a media outlet has insisted.
According to the Daily Mail, some parts of Spain are currently dealing with a drop in demand from foreign property buyers, while the credit crunch is slowing down the overall rate of house price inflation....
Monday, March 31, 2008
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Owners of property in France could be in line to collect substantial returns, industry analysts have stated.
ShelterOffshore.com said that during the last few years, property values in the European country have gone up by a significant amount....
Monday, March 31, 2008
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Foreign property buyers have been told of the diverse range of attractions that can be found in the Cape Verde islands.
The west African archipelago was praised by the Irish Independent for offering features such as beautiful beaches, clear blue water and year-round sunshine....
Monday, March 31, 2008
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Spain's transport network has been praised for helping to enhance the country's appeal to foreign investors.
ShelterOffshore.com said its "exceptionally good" transport infrastructure has helped bolster its appeal among overseas property buyers....
Monday, March 31, 2008
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Prospective buyers of Spanish property could find market conditions more favourable in the near future, an expert has advised.
Peter Esders, a partner at The International Law Partnership, was quoted by Homes Worldwide as saying that the government is planning to introduce various reforms....
Friday, March 28, 2008
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British expatriates who get a job in Dubai could stand to earn high salaries, new figures have revealed.
NatWest International Personal Banking revealed that the average person in the UK earns £47,000 a year....
Friday, March 28, 2008
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A large number of people from the UK are set to fly to hot and sunny locations overseas next month, a travel firm has revealed.
Lastminute.com stated that some schools are offering staggered school holidays because Easter was relatively early this year....
Friday, March 28, 2008
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Italy could be set to see a renewed surge of interest from foreign property buyers, experts have suggested.
Although the market has remained consistently popular over the years, ShelterOffshore....
Thursday, March 27, 2008
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Fans of golf who wish to buy a holiday home could find Turkey's new golfing resort a good place in which to purchase.
According to NuBricks.com, an 18-hole course is to be built in Bodrum as part of a complex which will include a hotel and about 4,000 villas....
Thursday, March 27, 2008
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Morocco's government is investing nearly £9 billion in improving its transport network, it has been revealed.
Homes Overseas reports that authorities in the north African country are keen to upgrade its transport infrastructure in order to boost its economy....
Thursday, March 27, 2008
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Overseas property buyers from the UK are continuing to favour established European markets, according to experts.
Assetz Finance stated that during the last few months, there has been a surge in the overall number of enquiries it received from prospective investors in foreign property....
Thursday, March 27, 2008
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Interest in the Spanish property market could be boosted by new figures which indicate increased visitor numbers.
According to government statistics, the country attracted 6.2 million leisure travellers from abroad during January and February 2008....
Wednesday, March 26, 2008
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High house prices and economic problems in the UK are leading to many first-time buyers (FTBs) looking abroad, a study has found.
Fair Investment Company revealed that nearly one in ten FTBs have already bought their first property overseas, while 44 per cent of thinking of doing so....
Wednesday, March 26, 2008
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A growing number of eastern European holidaymakers are choosing to visit Turkey, new figures have revealed.
TurkishPress.com cited government statistics showing that in January and February, the country attracted over 280,000 people from eastern Europe....
Wednesday, March 26, 2008
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Owners of rental accommodation in Cyprus could be set to see greater demand in the next 12 months.
The Cyprus Tourism Organisation is stepping up efforts to market the Mediterranean island overseas with a new advertising campaign....
Tuesday, March 25, 2008
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Britons who move abroad full-time could reap lifestyle and monetary rewards, experts have stated.
According to Foreign Currency Direct, buying a property abroad is an "excellent investment" that can also enable people to enjoy a better quality of life....
Tuesday, March 25, 2008
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Turkey's natural beauty is proving to be a constant attraction for property buyers from the UK, an expert has stated.
John Howell, a partner at the International Law Partnership, described Turkey as a "beautiful and interesting" country that can be easily reached....
Tuesday, March 25, 2008
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Britons who are retiring this year are not content to sit at home and relax, according to new research.
A survey of people nearing the end of their working life found they had a number of ambitions that they wanted to pursue as soon as they begin their retirement....
Thursday, March 20, 2008
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The Italian town of Pisa could be a good place to visit because it offers a variety of attractions, according to an official in the travel industry.
David Osborne, general manager of easyJet in the UK, stated that the region has far more to offer than just its "legendary" leaning tower and "something for everyone"....
Thursday, March 20, 2008
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Rental investors in major European cities could be set to see high occupancy rates this weekend.
According to the Association of British Travel Agents (ABTA), about two million Britons plan to enjoy their time off at Easter by heading to places such as Spain....
Thursday, March 20, 2008
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Many expatriates are enjoying financial benefits as a result of moving to Cyprus, a media report has revealed.
According to Gulf Weekly, the Mediterranean island offers a number of perks to foreign nationals who live there permanently....
Wednesday, March 19, 2008
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Lifestyle buyers from the UK are increasingly opting to purchase property in France, an expert has revealed.
Marjorie Mansfield of financial advice group Siddalls stated that the country is currently one of the most popular destinations for British expats....
Wednesday, March 19, 2008
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A couple from Bognor Regis in West Sussex have highlighted why Cape Verde is an ideal place to make a property investment.
Dave and Trisha Hunter have bought a property on the Sal island and believe their purchase will make them money in a short space of time, reports the Sun....
Tuesday, March 18, 2008
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Brazilian finance minister Guido Mantega announced yesterday that the South American country's economy is relatively strong.
Perhaps highlighting the potential of the nation as a property investment opportunity, Xinhua reports the government representative as saying the country is on "solid bases"....
Tuesday, March 18, 2008
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The Turkish property market offers investors high tenant demand and investment return, according to a new report.
Highlighting the opportunities available to buy-to-let investors, the Aberlamb website states that "potentially more affluent" tenant bases can be tapped into by going for yet-to-be-completed developments that have "more unusual selling points"....
Tuesday, March 18, 2008
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Bulgaria's share of the foreign property market is falling as a result of growing competition, industry experts have stated.
According to the Association of International Property Professionals (AIPP), the proportion of investors choosing the Bulgarian market went down last year....
Monday, March 17, 2008
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An overseas property investor from the UK has spoken of his decision to invest in eastern Europe.
Investment banker Mark Giddings recently purchased an off-plan property in the Bulgarian capital Sofia and a similar residence in the Romanian city Brasov....
Monday, March 17, 2008
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Irish consumers are increasingly snapping up holiday homes in Portugal's Algarve region, according to a media outlet.
The Irish Independent stated that the Algarve has become popular with overseas property buyers because it is a largely unspoiled location that offers good weather all year round....
Monday, March 17, 2008
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Owners of Turkish rental accommodation could find their investment highly lucrative in the next few years, experts have suggested.
Foreign Property Buyer stated that demand for temporary lodgings is likely to go up significantly as a result of government efforts to attract more visitors....
Friday, March 14, 2008
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A media report has revealed that transport links between mainland Europe and Cape Verde could be stepped up.
According to A Semana, TAP Air Portugal will offer passage between Lisbon and Praia seven days a week....
Friday, March 14, 2008
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France is attracting increased levels of interest from UK-based property investors, according to experts.
Currency exchange firm HiFX said that last year, the country accounted for more than a quarter of all the enquiries it received from prospective buyers....
Friday, March 14, 2008
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The Brazilian government has revealed that the country's economy expanded by 5.4 per cent last year.
This was attributed to a number of different factors, such as increasing personal wealth among the country's population and greater demand for property....
Thursday, March 13, 2008
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A recent property exhibition in Manchester has been deemed a "runaway success" after attracting more than 8,000 people.
Brooklands Group said the good attendance at the A Place in the Sun Live event highlighted the continued demand for property abroad....
Thursday, March 13, 2008
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The impact of the global credit crunch is not putting people off booking holidays abroad, new research has revealed.
According to TNS Travel and Tourism, millions of leisure travellers from the UK are still preparing to make their annual trips abroad, reports Travel Weekly....
Thursday, March 13, 2008
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Emerging markets are now seen as more lucrative investments than more established locations, a new study has found.
According to a report by the Urban Land Institute and PricewaterhouseCoopers (PwC), cities such as London and Paris are becoming less popular with foreign property buyers....
Wednesday, March 12, 2008
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More and more people are choosing to visit Cape Verde due to the introduction of direct flights, an expert has said.
Sarah Brown from NuBricks.com said the country is currently attracting a record number of foreign visitors as it is now more easily accessible....
Wednesday, March 12, 2008
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Second home buyers in Scotland look set to benefit from the introduction of new flights to mainland Europe.
Budget airline Ryanair has confirmed that it will roll out services from Edinburgh to a number of destinations across the continent....
Tuesday, March 11, 2008
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Tourism in Turkey is likely to be highly lucrative for its economy this year, an expert has predicted.
Murat Dedeman, head of the Turkish Tourism Investors Association, stated that the holiday industry is likely to generate revenues of more than £10 billion this year....
Tuesday, March 11, 2008
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People who want to enjoy reduced living costs could find Bulgaria a suitable place to live, new research has revealed.
According to Teletext Holidays, the cost of food and drink in places such as Sofia is much less than in many other European countries....
Monday, March 10, 2008
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Britons who want to boost their job prospects are increasingly moving to Australia, according to an expert.
Paul Arthur, director of The Emigration Group, stated that the country is proving to be very popular with skilled professionals such as doctors and architects....
Monday, March 10, 2008
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Many Britons who want to move abroad are increasingly setting up home in Australia, a media report has revealed.
The Western Mail stated that the antipodean country is currently the most popular destination among expatriates from the UK....
Monday, March 10, 2008
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People who have bought holiday homes abroad only tend to spend about a month in their overseas property, new figures have revealed.
According to a study by HolidayLettings.co.uk, second home owners from the UK occupy their foreign residence for an average of four weeks, reports Homes Overseas....
Friday, March 07, 2008
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Prospective investors in overseas property have been told that African countries could be highly lucrative.
Writing in the Times, Paula Hawkins recommended that people who want to collect strong returns on their investment should look outside Europe....
Friday, March 07, 2008
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Demand for rental accommodation in Turkey is likely to grow in the next few years, according to an expert.
Sarah Brown from NuBricks stated that holiday homes across the country would be in massive demand if "ambitious" plans to attract more tourists are successful....
Friday, March 07, 2008
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A global body has recorded a positive rate of growth in Cape Verde's economy, according to a media report.
MacauHub stated that the International Monetary Fund (IMF) considers the country's recent performance as "satisfactory"....
Thursday, March 06, 2008
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An expert has talked down recent figures which revealed that the rate of growth in France's housing market fell last year.
According to the Royal Institute of Chartered Surveyors, property values in France went up by just three per cent in 2007 - down on the figure recorded 12 months earlier....
Thursday, March 06, 2008
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Spain is likely to attract renewed interest from overseas property buyers, an expert has predicted.
Nicola Christie of NuBricks.com stated that major Spanish cities and coastal resorts have traditionally been the focus of interest from foreign buyers....
Wednesday, March 05, 2008
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A growing number of property investors from Russia are choosing to buy homes in Cyprus, experts have revealed.
The Royal Institute of Chartered Surveyors (Rics) stated that interest among second home buyers from abroad was encouraging growth in the country's housing market....
Wednesday, March 05, 2008
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Brazil's economy is not being unduly affected by economic problems in the US, experts have insisted.
Independent analysts Amberlamb stated that it was generally accepted that the rest of the world would suffer if one of the world's major economies starts to decline....
Tuesday, March 04, 2008
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Many families in the UK are choosing to take holidays of just three or four days, a new study has found.
According to research by Holiday Inn, only 48 per cent of people intend to go on a traditional two-week break with their children this year....
Tuesday, March 04, 2008
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Egypt's popularity among holidaymakers from the UK could potentially boost its investment potential.
According to the Association of British Travel Agents, the north African country is likely to attract a significant number of UK tourists in 2008....
Tuesday, March 04, 2008
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Morocco is appealing to a broad spectrum of overseas property buyers in the UK, according to experts.
Independent analysts Amberlamb stated that the north African country is currently attracting an increased amount of interest from British-based investors....
Monday, March 03, 2008
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Turbulence in the global economy is not putting Britons off buying foreign properties, according to new research.
Figures from the Association of International Property Professionals (AIPP) found that the number of overseas transactions went up by 21 per cent to 240,000 last year....
Monday, March 03, 2008
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Cape Verde's economic stability could help make it a good place for overseas property investors to consider, an expert has suggested.
Simon Conn, sales and marketing director at Conti Financial Services, told the Independent that the status of the country's economy made it a "good bet" for foreign buyers....
Monday, March 03, 2008
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