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International Property News

Property News and Real Estate Articles for April 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.


North-east Brazil attracts foreign property buyers

North-east Brazil attracts foreign property buyers Foreign property buyers are increasingly snapping up houses for sale in north-east Brazil, it has been reported.

According to Gulf Weekly, the region has become a major of hotspot of activity for investors across the world, as well as holiday home buyers and expats....
  
Wednesday, April 30, 2008

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Egyptian tourist accommodation to be in demand

Owners of rental accommodation in Egypt could be set for a lucrative summer, new figures suggest.

Research by Cheapflights.co.uk shows that interest in the resort of Sharm El Sheikh is currently 50 per cent higher than it was 12 months ago....
  
Wednesday, April 30, 2008

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Algarve attracts British tourists

Owners of rental accommodation in the Algarve could be set to see strong demand this summer, experts have suggested.

According to Holidays-Direct, the Portuguese tourist hotspot has attracted considerable interest from British holidaymakers in the last few months....
  
Tuesday, April 29, 2008

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Turkey offers bargain properties

Property analysts have highlighted the differences between property values in the UK and Turkey.

According to A Place in the Sun Live, British buyers will be required to spent about £300,000 on a typical apartment in London....
  
Tuesday, April 29, 2008

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Eastern European countries keep attracting investors

Foreign investors are continuing to snap up property across eastern Europe, industry analysts have stated.

According to NuBricks.com, the region has experienced considerable economic growth during the past ten years....
  
Tuesday, April 29, 2008

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New UK-Spain flights to be launched

Owners of rental accommodation in Spain are set to benefit from the launch of new flights from the UK.

LTE International Airways will begin offering flights to Norwich International Airport from Alicante, Palma and Barcelona in July....
  
Monday, April 28, 2008

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Save money outside eurozone, tourists are told

British consumers have been advised to consider heading outside the eurozone for their summer holidays.

Holiday-Rentals stated that if leisure travellers visit countries which are not in the single European currency, they could get more for their money....
  
Monday, April 28, 2008

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Spanish market 'will pick up'

Overseas property buyers have been reassured that the Spanish market will pick up again in the future.

The Spanish Property Owners Guild said some consumers' confidence in the country has declined as a result of negative media coverage in the market....
  
Monday, April 28, 2008

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Portugal offers capital growth prospects

Property investors who are seeking good capital gains have been advised to look at the Silver Coast in Portugal.

According to the Telegraph, the region offers relatively cheap property values when compared with other Portuguese hotspots....
  
Friday, April 25, 2008

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Cyprus attracts British property buyers

Cyprus is one of the most popular foreign destinations for British property buyers, an expert has revealed.

Property author Nigel Howarth said more than 60,000 UK nationals own property on the Mediterranean island - a figure which can only be beaten by France and Spain....
  
Friday, April 25, 2008

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Investors 'should seek out professional opinion'

Overseas property investors have been advised to not to rule out seeking professional advice when buying abroad.

According to a recent study by Defaqto, more than a quarter of buyers prefer to rely on their own judgement instead of consulting an expert....
  
Friday, April 25, 2008

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Expats urged to 'embrace foreign way of life'

British people who move abroad have been urged to try their hardest to fit into their new community.

Steven Quinn, who has been living abroad since 2001, said expatriates would get more out of the experience if they tried to assimilate....
  
Thursday, April 24, 2008

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Families head to traditional tourist hotspots

Rental investors could find high demand for their services in mainland Europe this summer.

According to a poll by MyChild.co.uk, about two-thirds of parents in the UK are planning to take their children abroad with them during the school holidays....
  
Thursday, April 24, 2008

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Cypriot authorities praised for euro transition

Authorities in Cyprus have been praised for their handling of the recent change in currency.

The European commission (EC) commended the island for ensuring the transition to the euro went smoothly and efficiently....
  
Thursday, April 24, 2008

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More Britons tipped to visit Spain

The number of British holidaymakers in Spain is set to increase this year, according to a tourist official.

Ignacio Vasallo of the Turespana Spanish Tourist Board in London said the country will continue to attract people from the UK, despite the impact of ongoing economic problems....
  
Wednesday, April 23, 2008

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Rental demand set to grow in Algarve

Thousands of people are set to take advantage of new flights between Britain and the Algarve, an airline has stated.

Earlier this week, budget carrier easyJet began operating its new service from Glasgow to the region's capital Faro....
  
Wednesday, April 23, 2008

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Credit crunch 'could be good for investors'

The ongoing credit crisis could create potential investment opportunities across the world, experts have suggested.

According to Amberlamb, the recent drop in consumer confidence has made some property sellers desperate to offload their stock....
  
Wednesday, April 23, 2008

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Tax reforms set to attract investors to Italy

Forthcoming government reforms could trigger a period of renewed growth in Italy's housing market, according to experts.

Foreign Property Buyer said prime minister Silvio Berlusconi pledged to scrap the main tax on properties during this month's election campaign....
  
Tuesday, April 22, 2008

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Euro entry attracts investors to Cyprus

Cyprus has become more popular with foreign property buyers as a result of its recent currency changeover, analysts have stated.

The Mediterranean island became a member of the single European currency on January 1st 2008....
  
Tuesday, April 22, 2008

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Interest in buying abroad 'is higher than ever'

The number of Britons who are looking at buying property abroad is now at a record level, an expert has stated.

According to broadcaster Amanda Lamb, more people than ever are interested in purchasing a residence overseas....
  
Tuesday, April 22, 2008

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Britons dominate Cyprus tourism

Official figures have revealed that Cyprus was a highly popular destination for British holidaymakers last month.

According to data published by the Financial Mirror, more than 108,000 people visited the Mediterranean island in March....
  
Monday, April 21, 2008

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Retirees set to keep heading overseas

More and more people from the UK are likely to spend their retirement in another country, a newspaper has stated.

Referring to recent research by NatWest International, the Telegraph said nearly two million Britons will have retired abroad by 2025....
  
Monday, April 21, 2008

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Brazilian investment could be lucrative

People who own property in Brazil have been reassured about the country's investment prospects.

According to NuBricks.com, the South American nation is likely to experience economic growth of about 4....
  
Monday, April 21, 2008

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Cyprus weathers economic storm

Cyprus does not seem to have been negatively affected by the worldwide financial crisis, a newspaper has stated.

According to the Independent, house prices in the Mediterranean island went up by 20 per cent last year....
  
Friday, April 18, 2008

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Bulgaria named the cheapest country in Europe

Leisure travellers from the UK could find that their pound goes a long way in Bulgaria, according to experts.

The Post Office carried out a study to compare relative prices across the world, as the pound has recently got much weaker against other currencies....
  
Friday, April 18, 2008

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Investors 'should be tough'

Prospective investors should be tough when dealing with property sellers, according to industry experts.

Analysts at Amberlamb stated that the credit crunch has led to many developers becoming desperate to sell their houses as consumer confidence is falling....
  
Friday, April 18, 2008

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Sales of Turkish property to foreigners halted

Within the last 48 hours the Turkish government has declared a temporary ban on property sale to foreigners. This comes shortly after a freeze on sales to foreign companies....   
Thursday, April 17, 2008

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Buyers offered incentives in Spain

Prospective buyers are being encouraged to purchase a new-build Spanish property by various "freebies", industry analysts have revealed.

According to the Foreign Property Buyer website, some builders are offering incentives such as cars, mortgage perks and even cash in order to attract customers....
  
Thursday, April 17, 2008

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Holidaymakers look at exchange rates

Exchange rate movements are becoming more of an issue to holidaymakers, industry analysts have revealed.

According to currency specialist Travelex, leisure travellers are becoming "increasingly savvy" with regards to financial fluctuations and taking them into account when booking trips abroad....
  
Thursday, April 17, 2008

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Investors pointed towards cheap property in Morocco

Overseas property investors could find possible bargains in Morocco, according to a British newspaper.

The Telegraph highlighted the north African country as a possible option for foreign property buyers because it offers relatively low house prices....
  
Thursday, April 17, 2008

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Spanish bargains recommended to investors

Foreign property investors are being encouraged to enter the Spanish market, despite ongoing financial problems in the country.

According to Homes Worldwide, the rate of house price inflation in Malaga province is beginning to decline, while other parts of the Costa del Sol have experienced a drop in prices....
  
Wednesday, April 16, 2008

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Turkey praised by British expats

A retired couple from the UK have highlighted the lifestyle benefits of living in another country.

David and Rosemary Nigbur decided that they wished to spend their retirement overseas and considered moving to Greece, reports the Sun....
  
Wednesday, April 16, 2008

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France attracts more rail travellers

More consumers from the UK are choosing to take the train to France, new figures have revealed.

According to Eurostar, passenger numbers during the first quarter of the year are 21.3 per cent higher than the amount recorded 12 months earlier....
  
Tuesday, April 15, 2008

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Bulgaria to attract more Irish tourists

Overseas property investors could be set to benefit from growing tourism in Bulgaria.

According to the Novinite news agency, the eastern European country is becoming especially popular with holidaymakers from Ireland....
  
Tuesday, April 15, 2008

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Turkish property values set to grow

Overseas property investors could be set to collect healthy returns in Turkey, according to a media report.

Business Week praised natural attributes such as Turkey's "stunning scenery" and good weather, but added that the European country also has numerous financial benefits on offer....
  
Tuesday, April 15, 2008

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James Bond fans urged to buy in Thailand

Overseas property buyers may find locations used in James Bond films good markets to consider, according to a newspaper.

The Telegraph stated that many places which have been visited by the legendary British spy area now attracting lots of attention from second home buyers....
  
Monday, April 14, 2008

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Second home buyers praise Florida

Florida has been praised by two British property buyers who have just purchased a holiday home in the region.

Heather and Kenny Mackintosh told the Sunday Mail that they spent a long time searching for an ideal property in Orlando before finding a house which meets their needs....
  
Monday, April 14, 2008

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Southern Europe attracts retirees

Older people who wish to spend their retirement abroad are mainly favouring southern European countries, according to an expert.

Allan Williams of London Metropolitan University stated that the region is popular because it has a very mild climate, reports Today's Zaman....
  
Friday, April 11, 2008

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Eastern Europe to benefit from weak pound

The tourist trade in eastern Europe could be set to benefit from the weakening pound, an expert has suggested.

According to Helen Warburton of the Post Office, many consumers in the UK are looking outside of the eurozone because the currency is now much stronger than the sterling....
  
Friday, April 11, 2008

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Investors seek 'something different' in the Alps

Overseas property investors who want to buy something different to the norm are increasingly looking in the Alps, according to analysts.

The BuyAssociation website stated that the area is proving to be an appealing choice because it offers a number of lifestyle and financial attractions....
  
Friday, April 11, 2008

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Italian food tempts tourists

Italy's tourist market is being boosted by its fame in culinary circles, according to a new study.

Research by Expedia.co.uk has found that more than one in ten holidaymakers from the UK follow their taste buds when booking a trip overseas....
  
Thursday, April 10, 2008

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Brazil presents investment opportunities

Brazil's potential as a good invest market has been outlined by a property developer in the country.

Invest Tur stated that the South American nation has a diverse range of attractions to offer, such as history, good beaches and natural beauty, Market Watch reports....
  
Thursday, April 10, 2008

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Morocco offers strong rental market

Foreign property investors who are seeking a lucrative buy-to-let investment could find Morocco a suitable location, according to industry experts.

NuBricks.com said the tourism sector in the north African country is "on the up" and has witnessed some "impressive growth" in recent years....
  
Thursday, April 10, 2008

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Investors urged to look in 'less obvious' markets

People who are considering purchasing a foreign property have been advised to consider looking at an emerging market.

FirstRungNow.com said those who are purchasing with the intention of generating wealth could find less-established locations more suitable than traditional countries....
  
Wednesday, April 09, 2008

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Expats need financial advice

People who are preparing to set up home overseas have been advised to get expert advice about their finances.

ShelterOffshore.com said it would be prudent for prospective expatriates to make sure they are familiar with how living abroad will affect financial matters such as tax payments and pensions....
  
Wednesday, April 09, 2008

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Consumers take trains to France

France's rental market could be boosted by the growing popularity of travelling by rail.

According to Virgin Trains, many people are choosing to use the railways to travel to short-haul destinations such as France....
  
Wednesday, April 09, 2008

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Airline opens up Turkish market

The introduction of new flights to Turkey could be set to boost its property market, according to the Foreign Property Buyer website.

Low-cost airline easyJet has just begun operating direct flights to Dalaman from London Gatwick Airport....
  
Tuesday, April 08, 2008

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Economic problems offer opportunities to investors

Overseas property investors could be able to take advantage of the current problems in the global economy, according to experts.

Currency specialist HiFX stated that the credit crunch and the resulting economic slowdown has led to some prospective investors "getting the jitters"....
  
Tuesday, April 08, 2008

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Bulgaria offers investment opportunities

Overseas property buyers have been told of potentially lucrative investment opportunities in Bulgaria.

Property Secrets said that demand for housing in the capital city Sofia is currently outstripping the existing level of supply....
  
Tuesday, April 08, 2008

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Investors not deterred by credit crunch

Consumers in the UK are continuing to show interest in buying property abroad, despite the ongoing economic problems across the world.

ShelterOffshore.com said the recent slowdown in the global economy has led to many people's finances being stretched....
  
Monday, April 07, 2008

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Regional UK airport reports increased passenger numbers

A regional airport in the UK has marked its third anniversary by revealing that is continuing to attract more air passengers.

Doncaster-based Robin Hood Airport said passenger numbers for last month were more than 12 per cent higher than they had been 12 months earlier....
  
Monday, April 07, 2008

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Brazilian investment could be lucrative

Overseas property buyers could find Brazil a lucrative investment, a newspaper has suggested.

According to the Times, Latin American countries are well-placed to deal with the current problems in the global economy....
  
Monday, April 07, 2008

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Investors reassured about Bulgaria's prospects

Overseas property buyers have been reassured about the investment potential of Bulgaria amid the ongoing crisis in the global economy.

According to Balkan Holdings, British investment in the Bulgarian property market has slowed down as a result of the credit crunch....
  
Friday, April 04, 2008

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Cheap foreign property attracts first-time buyers

Cheap property prices overseas are proving to be very enticing to first-time buyers in the UK, according to an expert.

Paul Collins, property editor of the BuyAssociation website, said that many people are having difficulty in getting on the British housing ladder because house prices are too high....
  
Friday, April 04, 2008

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Cyprus tourism trade tempts rental investors

Property investors are increasingly choosing to snap up houses in popular Cypriot holiday resorts.

According to the Galway Advertiser, the Mediterranean island is attracting about 2.5 million foreign visitors every year....
  
Friday, April 04, 2008

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Expats look abroad for cheaper cost of living

The high cost of living in the UK is creating widespread disillusionment among many Britons, to the point where many are considering emigrating, a newspaper has said.

A report in the Telegraph stated that many British people are thinking of packing up and leaving for another country....
  
Thursday, April 03, 2008

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Airport to drive up house prices in Spain

The Spanish city of Murcia could be set for a property boom once its revamped airport is up and running, experts have suggested.

According to the Telegraph, Corvera Airport is currently undergoing a major upgrade and should be fully operational in two years time....
  
Thursday, April 03, 2008

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British investors advised to look abroad

Property investors from the UK have been advised to look overseas if they wish to collect good returns.

Homes Worldwide recommended that Britons avoid the domestic market as mortgage rates are rising while house prices are falling....
  
Thursday, April 03, 2008

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Spanish market 'will pick up again'

A national newspaper has expressed optimism about the Spanish market picking up again.

The country has recently attracted negative media coverage as a result of the worldwide economic slowdown, as well as domestic issues such as the demolition of some houses....
  
Wednesday, April 02, 2008

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Skilled workers move to Australia

Many foreign nationals are choosing to develop their careers in Australia, according to government data.

Officials revealed that the country is now experiencing its largest increase in population numbers for almost two decades, reports Homes Worldwide....
  
Wednesday, April 02, 2008

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France set to attract more visitors

Tourism in France could be set to increase in the wake of the launch of new flights from Britain.

Budget carrier Flybe is now operating a number of services to France from Jersey to Paris and Nice, as well as a route between Glasgow and La Rochelle....
  
Wednesday, April 02, 2008

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Malaysia offers investment opportunities

Overseas property investors could find Malaysia a potentially lucrative market, according to a media report.

Forbes has included the Asian country in its list of nations that could offer favourable investment conditions during the ongoing global economic slowdown....
  
Wednesday, April 02, 2008

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Rental investors 'should look to the future'

Investors in buy-to-let accommodation have been encouraged to think about how the market is likely to develop.

The Sun stated that overseas property buyers need to consider what may take place in their chosen location in the next few years....
  
Wednesday, April 02, 2008

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Turkish officials aim to boost tourism

Officials in a Turkish tourist hotspot have revealed that they want to boost visitor numbers even further, a media outlet has reported.

According to the Turkish Daily News, about eight million foreign leisure travellers visited Antalya in 2007....
  
Tuesday, April 01, 2008

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Malaysia recommended to property investors

People who want to invest in a long-haul destination have been advised to consider the Malaysian market.

The Asian country was recommended by independent analyst Amberlamb, which said its economy is currently very strong....
  
Tuesday, April 01, 2008

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Portugal offers affordable property

Overseas property investors have been advised that they can snap up possible bargains in Portugal.

The established European market was highlighted by ShelterOffshore.com as a place where investors can enjoy year-round sunshine and a strong tourist trade....
  
Tuesday, April 01, 2008

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Manchester consumers offered more cheap flights

People in north-west England will soon be able to enjoy more cheap flights to Spain and Cyprus.

Services to Paphos and Malaga are being introduced by easyJet as part of its expansion in Manchester Airport....
  
Tuesday, April 01, 2008

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British investors have homes in 50 nations

Property buyers from the UK now own homes in dozens of different countries, according to an industry expert.

Broadcaster Amanda Lamb, who hosts Channel 4's A Place in the Sun, said there are now a significant number of British-owned houses in more than 50 nations....
  
Tuesday, April 01, 2008

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