International Property News

Rent or Buy?

Whilst killing time in a hotel bar in Spain some years ago, I got chatting to a very nice chap from Rotterdam. I say "nice", he did admit to having one major problem with the British... "My one major problem with the British," he began, "is your ridiculous obsession with bricks and mortar." "The fact that you spend the best years of your lives with a financial noose around your neck is a great sou...
Thursday, June 29, 2006

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More funding by World bank for Bulgaria

A new four-year lending strategy from the World Bank aims at further supporting Bulgaria’s growth and successful European Union membership for 2007.
Wednesday, June 28, 2006

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Just Who is Paying Your Mortgage?

Rental guarantees sound like just the thing – choose your property investment and the developer guarantees to see to it that you receive a rental income for anything from two to five years. So, simply sit back and watch your investment grow, while your tenants pay the rent and cover your mortgage repayments. Does this sound too good to be true?
Tuesday, June 27, 2006

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Bulgaria’s Airport Improvements On Their Way

In line with the current property explosion in Bulgaria, the influx of foreign visitors to has reached unprecedented levels. This year Varna airport alone will see flights to and from over 130 destinations in more than 35 countries and this figure is expected to continue to increase in line with the amount of seaside properties that have become available to foreign investors.
Tuesday, June 27, 2006

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A new property act would be the best legal way forward

Land ownership will always be a sensitive issue for Thai people, and there would be controversial political consequences for any government that tried to change the Land Code to accommodate foreign ownership.
Thursday, June 22, 2006

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Portuguese bank announces opening in Cape Verde

A Portuguese bank, BES, have announced the inauguration of an offshore international financial institution in Cape Verde in July. This is reported as the first step in starting operation in the country, the local press reported.
Monday, June 19, 2006

Read the full article on www.businessinafrica.net

At Last a Turkish Mortgage…

We are interested to see that new legislation in Turkey plans to offer fully- fledged mortgage services to all property purchasers during mid 2006.
Thursday, June 15, 2006

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Cape Verde : the new Caribbean?

The islands of Cape Verde are to be linked with the first direct flights from the UK starting this winter.
Monday, June 12, 2006

Read the full article on Travelmole.co.uk

Huge Profits in Sophia

Bulgaria's Sophia News Agency has proudly announced price rises in prime locations within the city over the past six months.
Monday, June 12, 2006

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EU talks with Turkey begin

EU foreign ministers have announced an agreement on a common position to start European union membership discussions with Turkey despite a last-minute objection from Cyprus.
Monday, June 12, 2006

Read the full article on bbc.co.uk

Cape Verde new air link to London

Cape Verde is set to have a new air link with England, directly to London, charter airline company Holiday options said.
Thursday, June 08, 2006

Read the full article on www.caboverde24.com

TACV route into Paris

TACV set to launch new route from Praia (Santiago, Cape Verde) to Paris.
Thursday, June 08, 2006

Read the full article on www.caboverde24.com

Cape Verde foreign minister anounces support from the World Bank

Both "The World Bank" and the "African development Bank" will continue to grant financial assistance to Cape Verde/Cabo Verde after the country's change of status from a Medium to Developed Country expected by 2008.
Thursday, June 08, 2006

Read the full article on www.caboverde24.com

Le Jardin de Fleur, Morocco 3rd phase released.

The third phase of Le Jardin de Fleur Beach and Golf Resort, Mediterrania Saidia,Morocco has been announced.
Thursday, June 08, 2006

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TAX CRACKDOWN!

HM Revenue & Customs is targeting UK tax payers with offshore bank accounts as they are convinced that these people are a significant source of lost taxes.
Thursday, June 08, 2006

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This weeks Spanish Property news

70 per cent of Homes on the Costa foreign ownedAbc reported that 70 per cent of the demand for tourist homes on the Costa del Sol stems from foreigners and the remaining 30 per cent is made up from national demand, according to the latest study conducted by Aguirre Newman on the tourist home buyer market of the Costa del Sol. The tourist market has even started to grow in Murcia and Almeria, recog...
Wednesday, June 07, 2006

Read the full article on Kyero.com

New Motorways For Morocco: Good News For Property Investors

While keeping an ever-watchful eye on the investment potential Morocco offers property purchasers today, Propertyshowrooms.com continues to be impressed by Morocco’s relentless progress in creating an excellent real estate arena in which to invest.
Wednesday, June 07, 2006

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Malaga Airport is Expanding

Malaga airport already caters for 6,555 passengers passing through at peak times. This capacity is currently being increased to serve the hoards of visitors congesting the airport. When you fly in to Malaga today you are greeted by diversions and construction works now in full-swing to create a fantastic new passenger terminal.
Tuesday, June 06, 2006

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Laying the foundation for a villa in Spain

Paying for a good lawyer will help avoid property quicksand, writes Richard Crockett More Britons are buying a home in the sun but they must note that conveyancing law and property taxes do not end at Dover. Holiday home Place in the sun: beward of the pifalls of buying abroad Sticking to the rules, just as you would at home, may appear to add to costs but cutting corners could prove penny...
Friday, June 02, 2006

Read the full article on Hiperprop.com

Spain surges as rivals flounder

Spain is expected to enjoy a boom in popularity this summer as British holidaymakers turn their back on its Mediterranean rivals. Over the past three years, travel companies have reported a decline in bookings to Spain in favour of cheaper destinations such as Greece and Turkey. But that trend has now been reversed, with more Britons creating their own holidays in Spain using no-frills flights ...
Friday, June 02, 2006

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Phone home - now youll pay less

Big four pledge cut in roaming charges in response to threat of legal action by European Commission. Miles Brignall reports The cost of using a mobile phone abroad finally appears to be coming down. Last week, three of the big four phone companies operating in the UK said they will reduce "roaming" costs, mostly in response to the threat of legal action by the European Commission. However, G...
Friday, June 02, 2006

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The last Costa?

Uncrowded, accessible and relatively inexpensive, the Costa del Azahar is everything that discerning British buyers could want, discovers Mark Stucklin Most Britons capable of finding Spain on a map can also point out the Costa del Sol and the Costa Blanca. Far fewer, however, will be able to point to the Costa del Azahar — Spain’s Orange Blossom Coast. But in all likelihood, many of the Brito...
Friday, June 02, 2006

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Tourist Record

RECORD numbers of tourists visiting the Costa del Sol last year have convinced the authorities that success in the future is guaranteed. Figures just released show a reversal of the trend which has seen the Costa’s share of tourism falling steadily in recent years, in favour of cheaper areas such as Greece, Croatia and the Czech Republic. More than nine million visitors arrived last year, 6.1 p...
Friday, June 02, 2006

Read the full article on Hiperprop.com

Borrow for a Second Place in the Sun

From Bordeaux to Barcelona and Budapest to Bulgaria, British holidaymakers in their thousands are falling for foreign second homes.Buying abroad has gained momentum in recent years, as homeowners dream of retiring in the sun or investing in countries with profit potential. Some 250,000 Britons own a property outside the UK.But while finding the right property at the right price might be relatively...
Thursday, June 01, 2006

Read the full article on Kyero.com

MOROCCO WINS RYANAIR VOTE OF CONFIDENCE

This week the leading low fares airline, Ryanair, has announced it is signing a long-term agreement with the Moroccan government to introduce some 20 new routes to regional airports in Morocco, bringing with them an expected 1 million passengers per annum.
Thursday, June 01, 2006

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