International Property News

Bangkok benefiting from regional market renaissance, says study

Growth in the Asian-Pacific countries is "robust" thanks to new business and corporate expansion, a new property report has found.

According to the latest Jones Lang LaSalle Asia-Pacific survey, the property market in Bangkok is in line with the region's overall market strength, despite political and economic uncertainty in Thailand....
Thursday, May 31, 2007

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Bulgaria is a hit with investors, reports show

Overseas investors, many of which are from the UK, have been buying up property and real estate in Bulgaria, according to reports.

Russian property website Prian.ru has revealed that foreigners bought Bulgarian real estate worth 310 million EUR in the first quarter of the year, which is 63 per cent higher than the same time in 2006....
Thursday, May 31, 2007

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Airport expansion 'will boost Oujda's tourism chances'

Far-reaching development at the Oujda airport in eastern Morocco is proof that the airport owners are committed not only to Saidia town but to tourism in general, a leading property specialist has said....
Wednesday, May 30, 2007

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Foreign property investments proving popular with Brits

More than two in five Britons have considered buying a property abroad and living there on a permanent basis, a new study has shown.

According to a survey by Bank of Scotland International, one in ten would choose Australia ? an option that is particularly popular with younger Brits....
Wednesday, May 30, 2007

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'Brazil set to make the investment grade in 2008'

An asset management specialist believes that Brazil is set to achieve full investment grade status by the end of next year.

Luiz Ribeiro, manager of HSBC GIF Brazil Equity fund, said that Brazil's investments market is on an upward trajectory following recent upgrades by ratings agencies Fitch and Standard & Poor's (S&P)....
Wednesday, May 30, 2007

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Spanish property prospects 'brighter than anticipated'

Many investors now have negative view of the Spanish market, which is largely unwarranted, one expert has said.

Mark Stucklin, spokesman for Spanishpropertyinsight.com, said that problems in the Spanish property market have been "exaggerated" and many investors have a distorted view of the country's prospects....
Tuesday, May 29, 2007

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Negative speculations 'have ended in Spain'

The Spanish property industry is starting a new cycle with stable high prices that will grow steadily, according to a spokesman for Property Secrets.

Daniel R Talavera, editorial manager at the research firm, said that British investors are wary of buying in Spain because they prefer to find new markets that are going to give better returns over the short and medium terms....
Tuesday, May 29, 2007

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'Malaysia is working hard to appeal to investors'

Malaysia is a good place for those hoping to expand their property portfolio outside of Europe because it is actively trying to appeal to investors.

This is the view of Buy Association's homes and property editor Kate Hamilton, who said that Malaysia is "really encouraging investment" from overseas investors....
Friday, May 25, 2007

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Spanish property market 'very much alive'

Despite murmurings in the media about a possible property market collapse in Spain, investors are being told they gave "little cause to fear".

Parmy Olson, an assistant news editor at Forbes news agency, believes that the market will be protected by Spain's healthy economy and moderate rises in interest rates....
Friday, May 25, 2007

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Spain is still a 'strong market for British investors'

Despite a slight loss in confidence regarding the property market in Spain, the expatriate lifestyle continues to be a "strong" attraction for Brits looking to buy property abroad, one company has said....
Friday, May 25, 2007

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Australian property market is "running hot"

The Australian property market is going "beserk" in some parts of the country, according to a report in a business newspaper.

James Dunn, writing for Investor Daily, has been investigating the property market Down Under, which has been "running hot following four years of strong stock market returns"....
Thursday, May 24, 2007

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Morocco clearly worth investigating, says expert

Morocco is a good place for investors to do business thanks to various modernisation reforms, one expert has said.

According to Matthew Peters, writing in the Daily Reckoning, a dual tax treaty between Morocco and the UK, the reform of land registry issues and investment in infrastructure are all signs that the country is serious about attracting overseas investors....
Thursday, May 24, 2007

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Check out Thailand's Krabi province, says expert

The most popular investments in Thailand are long-lease villas in the Krabi province, according to a leading property firm.

Robert Collins, managing director of the Thailand branch of Savills, said that prices in Krabi are around 50 per cent cheaper than in Phuket....
Wednesday, May 23, 2007

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You can trust Turkish property developers, investors told

Turkey has a strong property market with "highly professional" developers, the Federation of Overseas Property Developers, Agents and Consultants (Fopdac) has said.

Spokesperson Arlette Adler believes that Turkish developers are very scrupulous in their dealings....
Wednesday, May 23, 2007

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Investors urged to keep an eye on Morocco

Morocco will become a top Mediterranean destination within three years, one expert has said.

Although it is a "relative unknown" on the international investment stage, seasoned buyers are aware that real estate in Morocco can be bought for around a third of the cost of similar properties in Portugal and Spain, according to Matthew Peters, writing in the Daily Reckoning....
Tuesday, May 22, 2007

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"Huge potential" in Southern Cyprus

The smart money is on Southern Cyprus as investors realise the island's "huge potential", a property specialist has asserted.

According to online agency UPAworld.com, the south of the country is currently enjoying a property boom due to its "favourable" investment opportunities....
Tuesday, May 22, 2007

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'Expect Thailand to be back on even keel in near future'

Thailand could soon witness a "property turnaround", an expert in the field has said.

Despite the recent spate of terrorist incidents in Bangkok, Robert Collins, managing director of the property management firm Savills (Thailand) believes this is a global phenomenon and is not confined to Thailand....
Tuesday, May 22, 2007

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Property expert issues advice about Bulgarian market

A UK advisory company has issued a buyers' guide to Britons hoping to invest in the Bulgarian property market.

Westhill Investments' guide includes tips such as checking the square metres of usable space against the price....
Monday, May 21, 2007

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'Bulgaria set to widen appeal to more investors'

Foreign investment interest in Bulgaria has been booted by the country's entry into the EU, one expert has said.

Andrew MacDowall, editorial manager of the Oxford Business Group in Bulgaria, said that almost a third of real estate sales in the country are made to overseas parties....
Monday, May 21, 2007

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France's property market 'a safe bet for investors'

Investors have a better chance of making a profit in France than they do in Spain, according to one expert.

Trisha Mason, managing director of property firm VEF, said that France is a "mature" economy with a "safe" property market, which is set to improve under the presidency of Nicolas Sarkozy....
Monday, May 21, 2007

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French property prices will rise 'because of Sarkozy'

France is set to become a country that is "much more property owner-oriented" now that Nicolas Sarkozy has become president, an expert has said.

Penny Zoldan, managing director of Latitudes, said that the centre-right politician who took over from Jacques Chirac on Wednesday will strengthen France's economy and property market....
Friday, May 18, 2007

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Down Under on top when it comes to emigration, says poll

A new survey has revealed that one in ten Britons would like to sell up in Britain and buy a home in Australia.

The study, which was carried out by Bank of Scotland International, shows that Australia is the most popular country when Britons consider emigrating, pulling in ten per cent of the vote....
Friday, May 18, 2007

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Malaysia is 'back on the radar'

Foreign buyers should take a closer look at Malaysia now that it is back on the "investment radar", an expert has said.

Robert Rountree, head of investment marketing at Prudential Asset Management, believes that Malaysia has emerged as a strong contender in the investments market....
Friday, May 18, 2007

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Hang on in there, Florida investors told

Property holders in Florida are being advised to hang on to their investments for the foreseeable future.

According to Gerry Bell, head of marketing at GE Money Home Lending, although the media has generally tried to warn investors off the US market, Florida is still giving a "solid performance"....
Thursday, May 17, 2007

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Sarkozy's presidency 'good news for investors'

New centre-right French president Nicolas Sarkozy will boost the country's economy and make the property market much "livelier", an expert has said.

According to Trisha Mason, the managing director of property specialists VEF, property prices in France will grow as the economy gains strength and administrative red tape is slashed....
Thursday, May 17, 2007

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'UK investors are looking to South Africa for new opportunities'

South Africa has been experiencing a surge of interest from British buyers who are looking to invest further afield than eastern Europe, according to International Property Solutions.

Spokesperson Heath Adamson said that South African expatriates have traditionally dominated the market, but UK buyers are increasingly investing in the country, particularly on the Western Cape and in the capital, Cape Town....
Thursday, May 17, 2007

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Continue to focus on Sunshine State, investors told

Property sales in Florida are expected to double as British investors remain confident in the market, a loans firm has said.

GE Money Home Lending expects investors to flock to the Florida market after recent reports that the pound reached a 26-year high against the dollar last month and was about 20 per cent above its 20-year average of 1....
Wednesday, May 16, 2007

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Investors 'remain confident' in Thailand

Foreign investors have remained focussed on Thailand despite political and economic uncertainties, a leading real estate services firm has said.

According to Jones Lange LaSalle, although internal changes in Thailand ? such as revised investment laws ? had shaken the confidence of outsiders, investors are confident that conditions will improve....
Wednesday, May 16, 2007

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Banco Halifax Hispania to open Spanish island offices

Banco Halifax Hispania has announced it is set to open three branches away from the Spanish mainland.

The new offices, which are due to be opened some time this year on the Canary Islands and Menorca, will serve the British expatriates who are looking to buy a second home somewhere in Spain....
Wednesday, May 16, 2007

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Spain full of great opportunities, Brits told

The Spanish property market is stable, despite a recent downturn in values, according to the Federation of Overseas Property Developers, Agents and Consultants (Fopdac).

Steve Emmett, chairman of the federation, said that there are still a number of excellent opportunities to buy property at reasonable prices with the prospect of long-term prices rises....
Tuesday, May 15, 2007

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Investors in Portugal 'torn between profit and beauty'

Brits buying properties on Portugal's Atlantic coastline are torn between the desire to make a profit and maintaining the silver coast as an unspoiled, "authentic" experience, a national newspaper has said....
Tuesday, May 15, 2007

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South Africa 'sells itself to investors'

The property market in South Africa, especially Capetown, has seen "very steep growth" and now rivals Europe when it comes to investment opportunities, a property firm has said.

According to International Property Solutions, there is no sign of the market slowing down, especially as the country is set to host the 2010 World Cup....
Tuesday, May 15, 2007

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Cyprus a "booming" opportunity for investors

Strong capital growth has helped fuel British investment interest in Cyprus, according to a spokesman from a property website.

John Reilly, managing director of Buy Abroad, said that the property market in this popular European holiday destination is "booming"....
Monday, May 14, 2007

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Strong pound 'good news for investors in US property'

Florida and New York remain the best places in the US to invest in property, a spokesman for Buy Association has said.

According to overseas property editor Paul Collins, the strength of the UK pound means that it is likely that British holidaymakers will flock to popular destinations across the Atlantic....
Monday, May 14, 2007

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Bulgaria is a 'land of promise'

Many Eastern European countries are "very much in the limelight" following their entry into the EU and are increasingly open markets, a European newspaper has said.

According to the Times of Malta, Bulgaria is fast becoming a land of opportunity as its real estate sector continues to absorb foreign investment....
Monday, May 14, 2007

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Istanbul property prices 'on the up'

Property prices in Istanbul have been rising following last year's announcement that it won the much-coveted European Capital of Culture 2010 title, a website has said.

According to Nirvana International, prices in the city are set to rise by as much as 50 per cent as a result of the EU's decision....
Friday, May 11, 2007

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Strengthening economy 'buoying up Turkish investment'

Foreign investment in Turkey's real estate sector is on the up, buoyed by the country's stable economy, an expert has said.

Despite a slump in the market at the beginning of the decade, interest from overseas investors has been rekindled, according to a spokesperson from the Turkish Industrial Development Banks (TSKB)....
Friday, May 11, 2007

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Brits 'continue to be excited about Portugal'

Enthusiasm among British investors for property in Portugal shows no sign of diminishing, a Portuguese news site has stated.

According to JornalRegional.com, at least 100 delegates attended the latest annual Portuguese Property and Tourism conference in London....
Friday, May 11, 2007

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UK investors have Turkey "in their sights"

The Turkish property market is emerging as a popular destination for British investors, one expert believes.

Michael Johns, writing for rightmoveabroad.com, states that Brits have Turkey "fixed in their sights" and says the fact that over 13,000 people have already bought a property is proof of this....
Thursday, May 10, 2007

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Brazil's Natal undergoing "huge growth"

The city of Natal, in north-east Brazil, is witnessing "huge growth" in its infrastructure, which is good news for overseas property investors, an expert has said.

Writing for website Home Worldwide, Joss Hutton said that the creation of a new airport and massive shopping malls, as well as numerous beaches and untouched coastline, is tempting British property buyers....
Thursday, May 10, 2007

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Investors and ex-pats turn to Cyprus

Property investors are now looking beyond the usual hotspots in Europe and are turning to Cyprus, an expert has said.

According to Les Calvert, director of Property Abroad, investment in Cyprus is booming partly because expatriates are coming to the country rather than Spain....
Thursday, May 10, 2007

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Brazil taking off 'as investors seek alternative market'

The overseas property market in Brazil is booming as a growing number of Britons become interested in investing in alternative market to Europe, according to Homes Worldwide.

Joss Hutton, writing for the property website, believes that because some European markets have peaked in terms of investment, more and more Britons are buying properties in Brazil....
Wednesday, May 09, 2007

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Spain 'a good base' for business commuters

Spain is popular not only with British expatriates but also business people who need to relocate, a spokesman for Foxtons International has said.

According to international development manger Matt Glazier, business men and women are choosing to live in Spain "because they can commute quite easily"....
Wednesday, May 09, 2007

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Spanish property market is "very well"

The Spanish property market is "going very well", despite anxieties that prices are undergoing a correction after a period of over-investment, an expert has said.

In fact, changes in the market are "not a bad thing" and "might just shake things up a bit" for the better, said Matt Glazier, the international development manager at Foxtons International....
Tuesday, May 08, 2007

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Golfing properties in Spain 'are a good investment'

Investing in a golf property in Spain is a "fantastic" option, thanks to the country's great climate and cheap flights, according to an online estate agent.

RightmoveOverseas has said that overseas golf properties are becoming increasingly popular with investors as they offer good rental yields and can be used throughout the year....
Tuesday, May 08, 2007

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Cyprus sees "real upsurge" in investor interest

Cyprus' property market is "booming" as interest from British investors sees a "real upsurge", according to Buy Abroad.

The estate agent said that Brits view Cyprus as a "safe place to buy" because of the land registry system, its imminent entry into the eurozone, its tax benefits and the fact that most people speak English....
Tuesday, May 08, 2007

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Areas in Spain 'experiencing good capital growth'

Regions in Spain such as Almeria and Costa Tropical are witnessing "good capital growth", Buy Abroad reported today.

These areas are still relatively under-developed and provide excellent opportunities for buyers looking for long-term investments in Spain....
Friday, May 04, 2007

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Cyprus offers "good capital growth for investors"

Cyprus is a good market for buyers looking to invest in property abroad because it offers strong capital growth, Buy Abroad said today.

With constantly rising property prices at home, Cyprus offers a good investment opportunity for UK buyers....
Friday, May 04, 2007

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Bulgaria faces competition 'but shows no sign of flagging'

The growth of Bulgaria's property market has been "phenomenal", but it now faces competition from new emerging markets, according to the Association of International Property Professionals (AIPP)....
Thursday, May 03, 2007

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Calabria highlighted as investment hotspot

As long as British holidaymakers continue to chase the "Tuscan farmhouse dream", investors in rural Italy's property market will enjoy good returns.

This is the view of the Association of International Property Professionals (AIPP), which believes that the southernmost 'toe' of Italy, is the most popular area for investors at the moment because prices are low....
Thursday, May 03, 2007

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Explore high-end condos in Thailand 'before they vanish'

Despite political and economic uncertainties in Thailand, long-term investors are increasingly interested in buying up condominium units, an international property consultancy, has said.

According to a study by CB Richard Ellis (CBRE), while the stock of existing condominiums in Bangkok has increased, the luxury-end of the market has declined, which means supply is now limited....
Thursday, May 03, 2007

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Indians flocking to Malaysia as tourism booms

Tourists from the second most popular populous country in the world, India, are flocking to Malaysia, according to a leading international newspaper.

The Malaysian tourism board has revealed that 279,000 Indians visited Malaysia in 2006, with 400,000 expected to come this year ? making it a good place for UK investors to cash in on the country's booming holiday trade....
Wednesday, May 02, 2007

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Aim for booming ex-pat zones in Cyprus, says expert

The property market in Cyprus is "booming", partly because of the island's popularity with ex-pats, an expert has said.

According to Les Calvert, director of real estate firm Property Abroad, Paphos, the main coastline, is proving popular with investors due to rising property prices, although there are some cheaper properties to be found further inland....
Wednesday, May 02, 2007

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'Don't ignore tax implications of overseas property investment'

Following HM Revenue and Customs' announcement that it plans to crackdown on Brits not declaring income earned abroad, a property expert has said that investors must not ignore tax when working out how profitable a property can be....
Wednesday, May 02, 2007

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Long-term rental market in Spain is "superb"

Spain still represents a good long-term investment, especially when it comes to the rental market, one expert has said.

Tim Hodges, local director for the County Homesearch Company in Spain, told news provider About Property that rental returns for holiday lets are "superb"....
Tuesday, May 01, 2007

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Western Australian market 'buoyant'

The property market on the western seaboard of Australia has been identified as ripe for investment by one industry body.

Properties in and around the Perth area in particular have been picked out by Standard Life Investments as showing signs of strong investment potential....
Tuesday, May 01, 2007

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