International Property News

Portugal's Silver Coast tipped for house price boom

A property investment analyst has recommended that speculators scouring the Algarve for possible acquisitions should concentrate on the Silver Coast.

Nicholas Marr, chief executive officer of international property portal Homesgofast....
Tuesday, July 31, 2007

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Positives of Turkish property market highlighted

A property investment expert has outlined what factors she believes are contributing towards a renaissance in demand for Turkish homes.

Natalie Nixon, spokesperson for overseas property specialist Nirvana International, has said that the country's housing market is benefitting from the fact that the Turkish government is investing "heavily" in the tourism sector at present....
Monday, July 30, 2007

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Portugal 'appealing to older homebuyers'

The Portuguese property market attracts a more mature clientele than its Spanish counterpart, according to an industry analyst.

Nicholas Marr, chief executive officer of overseas property website Homesgofast, has made the comments in a wide-ranging interview explaining the appeal of the country to investors....
Monday, July 30, 2007

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New airline route boosts Cape Verde popularity

Holidaymakers are flying to Cape Verde rather than similar locations thanks to a cut in the flight time, according to new figures.

Jet2Let statistics, Sambalad Development said, showed that the direct flight from London Gatwick to Cape Verde, which took 5....
Friday, July 27, 2007

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French ski resorts 'more accessible'

Airline routes are now serving more areas than ever before, including French ski resorts, a property consultant has said.

This means that investors can capitalise on year-round investments rather than just at traditional peak times, according to VEF managing director Trisha Mason....
Friday, July 27, 2007

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Turkey growing in popularity

Turkey is becoming increasingly popular among overseas home buyers, experts say.

The currency specialist HiFX cited its latest Global Property Hotspots Report as showing a significant increase in enquiries from Brits looking for 'Turkish delights' this month....
Thursday, July 26, 2007

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Investors buying into Italian lifestyle

Foreign property investors in Italy are shifting their interest from the countryside to Italian towns, according to a property expert.

Rupert Fawcett, head of the Italian desk at Knight Frank, said that many investors are "cash-rich" but "time-poor" and so do not want to embark on the restoration of farm houses "that was once all the rage"....
Thursday, July 26, 2007

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Language skills benefit property investors

People buying property abroad can benefit from having learned some of the native tongue, according to one expert.

Elie Barbeau, office manager at Association Integration Kreizh Briezh (AIKB), an organisation that aims to help newcomers to Brittany settle into their new life and community, said that expats with a grasp of French have a head start when buying a property in the country....
Thursday, July 26, 2007

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Property buyers urged to seek legal advice

Investors considering the purchase of a retirement home should seek legal advice first, an expert has said.

Heyday director Alisa Ogilvie was commenting on the difference in inheritance laws in France and the UK as recent figures from the Institute for Public Policy Research estimated that one in five British pensioners will retire overseas by 2050....
Wednesday, July 25, 2007

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Moroccan property market "similar to Costa del Sol"

Investors could consider the property market in Morocco, which offers similar prices and climate to the Costa del Sol, an expert has said.

According to Simple Overseas Property Group managing director Karl Morris, the country's property market is starting to gather momentum and foreign investment is welcome....
Wednesday, July 25, 2007

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Australian property markets "booming"

The property markets in some Australian cities are "booming" with unit prices improving nationwide, according to the latest capital city housing results for the June quarter.

House prices have demonstrated their strongest growth in six years in Melbourne, jumping 6....
Wednesday, July 25, 2007

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New routes to Italy

The growing diversity of airline routes from the UK into areas in Italy has made a "massive impact" on the country's attraction to foreign investors, it is claimed.

According to Homes in Italy director Mark Slaviero, it was difficult to reach certain areas of Italy until a few a years ago, with routes into the southern part of the country and routes out of northern parts of England and Scotland proving problematic....
Tuesday, July 24, 2007

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Investors urged to consider IHT

New overseas homeowners are failing to take into account the impact of inheritance tax (IHT) and are advised to check the rules wherever they own are considering buying a property, experts have said.

Although many people assume that a tax cannot be charged on overseas property, if you are UK-domiciled then your worldwide assets will be included in the calculation of your inheritance tax liability, according to the Telegraph....
Tuesday, July 24, 2007

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House prices increasing in France

House prices in France are on the up with UK property buyers currently in a position to take advantage of investment opportunities, it is claimed.

Rightmove Overseas has said it has received 251,824 French property searches last month alone with popular provinces including Brittany, Normandy and Languedoc-Roussillon....
Tuesday, July 24, 2007

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Montenegrio property market 'rising fast'

Real estate in Montenegro is set to revival the impressive property prices seen in smaller states such as Monte Carlo, claims one leading expert.

Predrag Drecun, an economic analyst, speaking to the Sofia Echo, is predicting that any investing in Montenegro is set to benefit from strong demand for holiday rental accommodation, especially as real estate space is already limited....
Monday, July 23, 2007

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Northern expansion planned for Sofia

The Bulgarian capital city of Sofia is likely to expand to the north in order to meet the rising demand for high-quality real estate in the region, according to city planners.

Sofia's chief architect Petar Dikov is planning to present plans to the Sofia Municipal Council (SMC), reports 24 Chassa Daily....
Monday, July 23, 2007

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Murcia tipped as next property hotspot

Spain's next real estate boom region will be in Murcia, according to various reports.

The area is already enjoying significant investment in infrastructure and could offer a real alternative to the busier and more expensive Costa del Sol, claims the Daily Mail....
Monday, July 23, 2007

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Spain is a "long-term" investment choice

Despite rumours about Spain's property market, it is still a top choice for investors in property, according to an international expert.

Simon Ryeland, director of Principal International, said that his company had "no fears" about the market collapsing, as had been predicted in the press....
Friday, July 20, 2007

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French Riviera market attracting retirees

Style and value is maintaining the Riviera's position as a "prestigious" retirement location, according to a French property expert.

While Riviera properties are fewer and more expensive than other popular retirement locations like the Spanish Costas, their value is not so much at risk, said Olivier Morvan of Cluttons France....
Friday, July 20, 2007

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More insurers to provide cover in emerging markets

Insurers are adding increasingly popular locations for property investment to their portfolios, according to a property expert.

Owners of homes in places like Bulgaria, Dubai, Cape Verde and Croatia can now insure their property through UK companies more easily....
Friday, July 20, 2007

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More insurers to provide cover in emerging markets

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Cyprus property market boosted by euro

The Cyprus property market is expected to experience a boom following an announcement by the EU that it will adopt the euro in 2008.

Currency specialist HiFX said that the country's economy was already on the up and the news would prompt increased interest from British investors....
Thursday, July 19, 2007

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Thailand popular with expats

Retirees and others looking to invest in property are keeping the south-east Asian country of Thailand top for second homes, according to local reports.

While the kingdom presents some problems for property investors, such as restrictions on property ownership, financial facilitation and visa regulations, its climate, environment and its people are helping maintain its popularity, wrote the Bangkok Post....
Thursday, July 19, 2007

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Turkey offers "huge" market for investors

Turkey's location, economy and mortgage laws make it a lucrative opportunity for property investors, according to a market expert.

Julie Anthony, Sunseekers Altinkum UK representative and partner of Fisks International, said that Turkey's positioning between the east and the west was attractive to property buyers....
Thursday, July 19, 2007

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Florida market set to "re-establish itself"

The property market in Florida will "start offering excellent deals" in the near future, an expert has claimed.

According to Savills International and Residential head Charles Weston Baker, the Florida market is re-establishing itself and the current strength of the pound against the dollar will begin to attract UK buyers....
Wednesday, July 18, 2007

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European property set to outperform UK

Rental growth forecasts suggest that European property will outperform the UK across all sectors, an expert has claimed.

According to Morley European property head Ben Stirling, a total return of 6....
Wednesday, July 18, 2007

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Thai property market 'bounces back'

After a financial crisis hit the region in July 1997, the property market in Thailand has bounced back in Bangkok, it is claimed.

Acording to Jones Lang LaSalle, the average price for a new condominium in the city is now 81,000 baht per sq m (£1,309), 55 per cent above the pre-crisis peak, of 52,000 baht per sq m, DPA reports....
Wednesday, July 18, 2007

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'Good time' to invest in US

The strength of sterling and subsequent weakness of the dollar is making the US ripe for lucrative property investment, offering affordable properties that are on track to appreciate in value in the future....
Tuesday, July 17, 2007

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Young people looking to Australian property

The Australian property market is attracting younger property investors in search of fresh opportunities, according to a new report.

Research from Bank of Scotland International found Australia to be the most popular overseas country in which to live among the under 25s, 25 to 34s and 35 to 44s....
Tuesday, July 17, 2007

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Portugal has 'investment property potential'

The Portuguese property market has strong investment potential for foreign buyers according to experts at Holidaylettings.co.uk, suggesting that investors looking for lucrative opportunities could do well to focus on the country in the foreseeable future....
Tuesday, July 17, 2007

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Turkish market sees 40 per cent price rises

The Turkish property market has seen property price increases of nearly 40 per cent in the past two years, according to one expert at New Turkish Properties.

Michael Harrop highlights steady growth in the Turkish property market, which has seen steady increases in foreign investment since 2005....
Monday, July 16, 2007

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Investors turning to Morocco

International property investors are setting their sights upon opportunities in Morocco, as the country becomes increasingly popular among buyers looking further afield.

New trends highlight Morocco as an emerging property hotspot, offering strong investment opportunities in the long-term in addition to a range of other benefits that can be taken advantage of....
Monday, July 16, 2007

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Brazilian market attracting new investors

Brazil's property market is showing fresh signs of appeal to international investors, attracting a range of new buyers due to healthy market conditions and a positive economic climate, it has been claimed....
Monday, July 16, 2007

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Beaches attracting Brits to Spain

Some regions of Spain have much to offer Brits who seek a quieter time on holiday, one expert has claimed.

Despite publicity surrounding Spain's over development in particular areas, locations including the Costa de la Luz and Costa Brava are attracting tourists who value the relative privacy they offer, Maxine Harrison of Elysian Holidays said....
Friday, July 13, 2007

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Brazilian property offers "exciting" opportunities

Development and rich natural resources are creating interest in Brazil as a top investment opportunity, a property expert as claimed.

The move by major tour operators to establish their presence in Natal plus the completion of the region's new airport could turn it into an exciting emerging market, according to Anthony Fernandes, director of SPC Overseas....
Friday, July 13, 2007

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Italian market "riding high"

Rich heritage and culture is at the heart of the real estate boom in Italy, according to a property expert.

Eddy Crompton, Director of RealPoint Property, says that a number of regions that have been passed over in recent years are experiencing increased interest from property developers....
Friday, July 13, 2007

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Bulgarian cities offer 'safe gains'

Cautious property investors should look to infrastructure development in Bulgaria in order to capitalise, according to a property expert.

A lack of solid data on the Bulgarian property market makes it tricky for purchasers, Lance Nelson of Jet2Let claims, though he says the major cities like Sofia are experiencing good growth in prices....
Thursday, July 12, 2007

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Transport links set to influence SA housing market

Increasing commuter traffic will create residential "hotspots" around South Africa's commercial and business hubs, according to a property strategist.

John Loos of First National Bank said that as more vehicles took to the roads he expected homeowners to purchase close to their places of work or key transport routes....
Thursday, July 12, 2007

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'Incredible' value in Malaysia

Investors in Asian property should look no further than Malaysia for good value and user-friendly regulation, according to a developer.

Project director for planning and business development at E&O Property Development, Mohd Razeek Hussain, claims that foreign investors are initially attracted by architectural style, tropical weather and scenery but the bottom line is that Malaysian property is well priced....
Thursday, July 12, 2007

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Bulgarian market 'still growing'

Bulgaria's property market is showing steady signs of growth as investors continue to set their sights on fresh opportunities in emerging regions of the country.

Experts at Property-abroad.com state that while the market is not quite as lucrative as it has been in the past, it is still increasing in value, suggesting that investors can still take advantage of positive growth trends in the market over the coming years....
Wednesday, July 11, 2007

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Florida becoming 'key investment area'

Florida is fast becoming a key area for foreign investment among UK buyers, as long-haul flights to the US becoming increasingly accessible and affordable, it has been claimed.

Experts at GE Money Lending highlight Florida's property market as showing increasing signs of popularity among buyers looking for retirement homes, suggesting that many investors are prepared to go further afield in the long-term....
Wednesday, July 11, 2007

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Milan seeing new development

New property developments are set for Milan, expected to provide a significant boost to the city and attract buyers to the region at large.

Under new plans for Italy's second largest city, residential and commercial property will be developed, offering infrastructure benefits to the local economy as well as new scope for businesses and individuals....
Wednesday, July 11, 2007

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France offers "good capital growth"

The French property market offers good potential for capital growth according to experts at Property Frontiers, arguing that investors setting their sights on France can expect good capital growth potential despite relatively high prices....
Tuesday, July 10, 2007

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Thailand to provide new services for foreign buyers

A range of new services are to be made available to foreign buyers in Thailand via a new services centre, designed to offer advice and guidance for overseas property investors in the Thai property market....
Tuesday, July 10, 2007

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Florida market showing signs of recovery

Although continuing to cool down after the recent boom seen in 2005, Florida's property market is showing fresh signs of recovery.

According to figures cited by USA Today, Condo sales in the West Palm Beach-Boca Raton area rose by 11 per cent in May, indicative of a recovery in the region's property market at large....
Tuesday, July 10, 2007

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Overseas retirement boosted by improved flights

The increased availability of better air travel is helping fuel an increase in overseas retirement, giving many property investors the opportunity to fly abroad at their own convenience.

Research carried out by Saga suggests that the availability of good long-haul flights is making retirement in supposedly "far flung" destinations more of a reality for many Brits, taking advantage of better global air travel links....
Monday, July 09, 2007

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Paris is "top city" for investment

Paris has emerged as one of the leading European cities for property investment, boasting a strong property market and lucrative opportunities for new investors.

Strong returns and relatively low levels of risk earmark the French capital as a key destination for investors looking for good deals, particularly as there has been a steady increase in property prices in recent years....
Monday, July 09, 2007

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Malaysia looks to attract foreign buyers

Efforts are being made to attract foreign buyers to the Malaysian property market, with the government spearheading a new promotion designed to encourage foreign developers to enter the market.

To this end polices are being implemented that are conducive to the addition of foreign developers in Malaysia with the view of creating favourable economic conditions for future building and infrastructure development....
Monday, July 09, 2007

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Spain among most popular retirement destinations

Spain is proving to be one of the most popular destinations for British retirees abroad, continuing to attract older Brits looking for somewhere to retire in the sun.

Property investors can look to take advantage of these trends and sustained demand, with figures from Saga suggesting that fifteen per cent of holiday home buyers are seeking a base for retirement....
Friday, July 06, 2007

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Investors take advantage of pre-euro prices in Cyprus

Property investors investing in the Cypriot property market are taking advantage or pre-euro prices, before they increase once the country joins the Eurozone.

Experts state that savvy buyers are moving to act on Cypriot properties ahead of Eurozone accession, amid concerns that prices will rise significantly after January 1st 2008....
Friday, July 06, 2007

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Brazilian market sees increasing demand

Foreign investors in the Brazilian property market could stand to benefit from increased demand in the coming future, with a boost in activity in buying and selling.

Economic growth and greater market stability has led to increased demand for property in attractive Brazilian regions, alongside steady growth in foreign investment....
Friday, July 06, 2007

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Many investors choosing Murcia

Murcia is proving a popular destination among UK property investors, with investment activity in the region having seen a significant boost in recent years.

These are the findings of experts of Overseas Property Shop, highlighting ongoing investment in Murcia and an influx of buyers attracted by water sports, beaches and other leisure pursuits....
Thursday, July 05, 2007

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Infrastructure investment 'boosts French property prices'

Investment in France's infrastructure is on track to boost property prices in various parts of the country, offering better transport links for investors.

According to the director of Investors Provident, improvements that have been made to French rail networks are likely to result in an increase in local property prices, having a regenerative effect on different regions....
Thursday, July 05, 2007

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Bulgarian property prices continue to rise

Property prices in Bulgaria are continuing to rise, indicative of a buoyant property market and suggesting that there are lucrative opportunities in store for savvy investors.

The Bulgarian property market has shown positive signs of growth in recent times, continuing to attract a steady stream of investors to the emerging European hotspot....
Thursday, July 05, 2007

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Spain remains top tourist destination

Spain continues to be the most popular overseas tourist destination among British holidaymakers, one expert has claimed.

In a trend which may interest those considering purchasing an investment property abroad, Sean Tipton, spokesperson for the Association of British Travel Agents (ABTA), said that Spain remains more popular than both France and the USA....
Wednesday, July 04, 2007

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Tourism a 'major factor' in French property market

Both capital growth and rental value of an overseas property are often determined by demand within the tourism sector, a trend particularly evident in the French real estate market, one expert has claimed....
Wednesday, July 04, 2007

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Australian property market demonstrates "strong" growth

New data has revealed that property prices in the Australian market have risen, suggesting that the market is recovering from recent periods of underperformance.

Research by RP Data and Rismark International found that between January and April this year, house prices in Brisbane rose by 7....
Wednesday, July 04, 2007

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New "exotic" locations open up to investors

British investors are looking towards less conventional locations for property investment, with a variety of exotic destinations becoming popular among UK buyers.

Research carried out by Investors Provident shows that many buyers are shifting attention from Europe towards locations such as Morocco and Egypt, setting their sights on untapped markets that offer attractive investment potential....
Tuesday, July 03, 2007

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Lake Como proving popular

Italy's Lake Como is proving popular among buyers setting their sights on the Italian property market.

The region is showing signs of increasing popularity of late, bolstered largely by a surge in budget flights to Milan....
Tuesday, July 03, 2007

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Spanish villas 'most desirable overseas property'

Villas in Spain remain very popular among property investors setting their sights on the Spanish market, suggesting that there are lucrative investment opportunities available in light of strong demand....
Tuesday, July 03, 2007

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Investors urged to seek "good advice"

Property investors looking to buy abroad are being urged to seek out good advice when researching property opportunities, in order to make the best decisions and find the best deals.

Experts at HSBC maintain that a diverse range of options are important for property buyers in addition to good advice....
Monday, July 02, 2007

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Malaysia to become property "hub"

Malaysia is on track to become a property hub in the coming future following the implementation of government plans designed to make the country an international property location.

Through a unique public/private sector initiative the Malaysian government will work to promote the country as a high-profile international property hub, inviting investors to channel funds into the property market at large....
Monday, July 02, 2007

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Economic growth boosts Thai property market

Ongoing economic growth in Thailand has led to a significant boost in the country's property market, creating fresh opportunities for investors and signalling continued growth in the future.

With annual capital growth of between ten and 15 per cent, the market offers profitable investment opportunities and is subsequently seeing an influx of buyers looking for attractive property investment opportunities....
Monday, July 02, 2007

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