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International Property News

Property News and Real Estate Articles for May 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.


Tourism boosts South African investments

Tourism boosts South African investments Owners of rental accommodation in South Africa are benefiting from a strong tourism sector, it has been reported.

According to Homes Overseas magazine, visitor numbers in the country went up by about nine per cent last year....
  
Friday, May 16, 2008

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Panama attracts more foreign property buyers

Panama is becoming more and more popular with foreign property buyers, according to industry experts.

Analysts at Amberlamb stated that the "world and his wife" have become aware of the investment potential in the Central American country....
  
Friday, May 16, 2008

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Moroccan tourism boosts investment potential

Efforts to boost tourism in Morocco could potentially make it more appealing to property investors, analysts have suggested.

According to NuWireInvestor, the government wants to stimulate further economic growth by attracting more visitors to the north African country....
  
Friday, May 16, 2008

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Scots look to escape credit crunch abroad

Continuing financial pressures in the UK are prompting many Scottish people to consider emigrating, a survey has found.

According to a Legal & General Study, nearly one in five Scots are prepared to leave the country in order to avoid the effects of the credit crunch....
  
Thursday, May 15, 2008

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Investing abroad could be lucrative

British investors have been told that the current downturn in the property market could make a foreign investment a better option.

The Telegraph stated that house prices in the UK are currently falling and are not likely to increase significantly in the foreseeable future....
  
Thursday, May 15, 2008

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Investors 'need to research market before buying'

Foreign property buyers from the UK need to carry out thorough research before buying, experts have said.

According to the Your Mortgage website, purchasing a home in Spain or France can be just as stressful a process as buying in Britain....
  
Thursday, May 15, 2008

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Tourism draws investors to Egypt

The popularity of Egypt as a holiday destination is having a positive effect on its housing market, an expert has revealed.

Paul Collins, property editor at BuyAssociation, said the amount of interest in tourist property in Egypt is increasing all the time....
  
Wednesday, May 14, 2008

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Southern Italy recommended to investors

Foreign property investors have been advised to consider potential opportunities in Italy.

The International Property Investment Network (IPIN) said the south of the country is becoming more and more popular with buyers from overseas....
  
Wednesday, May 14, 2008

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Egyptian tourism set to boost rental demand

Rental accommodation in Egypt is set to be in strong demand this summer, it has emerged.

According to TUI Travel, the north African country is proving to be one of the most popular destinations for British holidaymakers this year....
  
Wednesday, May 14, 2008

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Brazil to attract more foreign investors

Independent property analysts have predicted a surge of interest in the Brazilian market in the near future.

According to NuBricks.com, Standard and Poor's has just upgraded the country's credit rating to triple-B-minus....
  
Tuesday, May 13, 2008

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Dubai tourist trade set to grow

The overall number of holidaymakers in Dubai is set to go up this year, experts have predicted.

A report by Globalysis revealed that visitor numbers in 2008 are likely to be eight per cent up on those recorded 12 months earlier....
  
Tuesday, May 13, 2008

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Egypt 'offers strong investment potential'

Overseas property investors could benefit from continued growth in the Egyptian market, an expert has stated.

According to Paul Collins of BuyAssociation, the north African country is very popular with buyers in western European countries such as France, Italy and the UK....
  
Tuesday, May 13, 2008

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Young Brits snap up foreign property

First-time buyers in Britain are increasingly looking to snap up affordable houses overseas, it has been revealed.

According to the Sunday Mirror, those who feel they cannot afford to buy a property in the UK are using foreign investments to generate money for a deposit....
  
Monday, May 12, 2008

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Turkey 'offers alternative to Spain'

Overseas property owners who cannot afford a residence in Spain could find Turkey a good alternative, according to a newspaper.

The Daily Mail said the European country offers a number of attractions, including good weather and a pleasant rural environment....
  
Monday, May 12, 2008

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Established markets attract British investors

Established markets in Europe are still highly popular with British property investors, a new study has found.

According to Global Edge, towns and cities in Spain have attracted more online searches from prospective investors than anywhere else in the world....
  
Friday, May 09, 2008

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Egypt recommended to British tourists

British consumers who want to avoid the eurozone this year have been advised to visit Egypt.

The north African country was flagged up by the Guardian as a possible destination for holidaymakers who wish to take advantage of more favourable exchange rates....
  
Friday, May 09, 2008

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Skilled workers head abroad

Many skilled workers from the UK are looking to further their careers overseas, new research has found.

According to NatWest, 42 per cent of those who left to find work abroad during 2006 were either professionals or managers....
  
Friday, May 09, 2008

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Turkey recommended to financially-stretched Britons

British consumers who are feeling the pinch from the ongoing credit crisis have been advised to consider visiting Turkey.

According to the Guardian, many are being forced to make cutbacks as a result of the continuing economic pressures, with some even giving up their holidays....
  
Thursday, May 08, 2008

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Record number of Britons consider moving overseas

The number of Britons who are thinking of moving abroad has reached record levels, according to a new study.

Removals firm Robinsons International said that more people than ever are looking at relocating to countries such as Australia....
  
Thursday, May 08, 2008

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UAE recommended to overseas investors

The United Arab Emirates (UAE) has been flagged up as a good location for overseas property buyers to consider.

According to ShelterOffshore.com, the Asian country currently offers a number of attractions for foreign investors....
  
Thursday, May 08, 2008

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British investor praises Italy

An expatriate living in the Italian province of Umbria has revealed that house prices in the region have gone up considerably in recent years.

According to Penny Radford, interest from foreign buyers has led to property values in some areas getting "quite high"....
  
Wednesday, May 07, 2008

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Lifestyle buyers opt for Portugal

Portugal is proving to be a popular choice for second home buyers from the UK, according to experts.

Currency specialist FC Exchange said top-end buyers in particular are showing lots of interest in the European country....
  
Wednesday, May 07, 2008

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Investors to benefit from new Dubai flights

Owners of property in Dubai could be set to benefit from the launch of new flights to the region.

According to the Chicago Tribune, United Airlines is preparing to introduce direct services from Washington at the end of October....
  
Wednesday, May 07, 2008

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LBA plans to add US services

Leeds Bradford International Airport (LBA) has outlined its intention to expand into the American market.

Tony Hallwood, commercial and aviation development director at LBA, said passenger numbers have been boosted considerably in recent years by the launch of new flights to Europe....
  
Tuesday, May 06, 2008

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Expats urged to consider financial matters

People who are thinking of relocating to Spain have been urged to consider various financial issues such as tax.

According to ShelterOffshore.com, this is essential for expatriates who wish to at least maintain the quality of life they are used to....
  
Tuesday, May 06, 2008

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Brazilian government prepares for World Cup

The Brazilian government has outlined some of its preparations for the football World Cup, which is being held in the country in 2014.

According to tourism minister Marta Suplicy, authorities are planning to create brand new upgrades to its transport infrastructure, reports the International Herald Tribune....
  
Friday, May 02, 2008

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Credit crunch 'boosts overseas property'

The ongoing credit crisis is prompting some people to take the plunge and invest in a foreign property, an expert has said.

According to Paul Collins of the BuyAssociation website, foreign property ownership is becoming more and more popular in the UK....
  
Friday, May 02, 2008

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Turkey grows in popularity with holidaymakers

A holiday firm has revealed that Turkey is attracting more and more interest from British tourists.

According to Lastminute.com, the country has displaced places such as Spain and France in terms of the number of online searches and bookings it has received....
  
Friday, May 02, 2008

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Eurostar to bring investors to France

Eurostar's new high-speed rail link to France could boost property investment in the country, according to experts.

NuBricks.com said the new service between London's St Pancras station to Paris has led to a "substantial" increase in passenger numbers and revenues....
  
Thursday, May 01, 2008

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Thailand offers affordable properties

Overseas property investors have been told that good-value properties can be found outside Europe.

According to Rupert Bates of Homes Overseas magazine, property in Thailand is very affordable for British buyers....
  
Thursday, May 01, 2008

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Tourism industry boost Turkish economy

Growing tourism in Turkey is having a positive impact on the national economy, according to official data.

Statistics cited by the Turkish Press show that during the first quarter of this year, the industry generated about £1....
  
Thursday, May 01, 2008

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