International Property News

Booming markets 'outpace Eurozone average'

The average rate of growth in the Eurozone property market is being exceeded by some countries, according to Halifax.

Spain and the UK were found to have seen the fastest rates of growth during the last five years, with average prices going up by 100 per cent and 90 per cent respectively....
Friday, August 31, 2007

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Italy 'appeals to wide group of people'

The Italian property market could offer investment opportunities for a wide group of people, medpropertyshop.com has said.

According to the estate agent, Tuscany remains the most popular area among investors, although several areas were described as "up and coming"....
Friday, August 31, 2007

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Investors choosing French capital

Paris remains a highly popular location among overseas property investors, experts have stated.

BuyAssociation stated that the suburbs of the French capital were especially sought-after, as investors could let these homes to commuters working in the city....
Friday, August 31, 2007

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Growing number of Britons 'want to buy abroad'

An increasing number of Britons have thought about purchasing a property abroad, according to a new study.

A survey by Foreign Currency Direct found that 23 per cent of respondents were considering investing overseas - up from 14 per cent six weeks earlier....
Thursday, August 30, 2007

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UK workers 'could take extra holidays'

Britain's workforce could be more flexible with their holidays when they get extra time off work, experts have suggested.

Speaking ahead of the introduction of increased holiday entitlement for full-time workers, Thomson....
Thursday, August 30, 2007

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Cyprus 'is a popular wedding spot'

An increasing number of engaged couples are choosing to hold their wedding ceremony in Cyprus.

WeddingsAbroad.com stated that since the island was accessible via a short flight from the UK, it was proving to be a convenient as a place in which to get married....
Thursday, August 30, 2007

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Potential Spanish bargains highlighted

Prospective investors have been urged to look at the availability of resales on the Spanish market.

Homes Worldwide said that many apartment owners were having difficulty selling their properties quickly, potentially creating bargains for overseas investors....
Wednesday, August 29, 2007

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More people 'choosing to leave Britain'

An increasing number of people in the south of England are leaving the country to live abroad, according to an estate agent.

Mark Shearing, director of Hertfordshire-based firm Putterills, said there had been a "noticeable" increase in the amount of people opting to buy an overseas property....
Wednesday, August 29, 2007

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Portugal 'offers family-friendly resorts'

An overseas investor has described the Silver Coast area of Portugal as a good holiday destination for families.

David Heaton, a married father of two and investor, said his new apartment in the region would be "great" for family holidays and short breaks....
Wednesday, August 29, 2007

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Ease of accessibility 'tempts investors to Spain'

Spain has become one of the most popular investment locations because it is easy to get to from the UK, according to an expert.

Darren Fretwell, head of UK sales at NatWest International, said Spain's accessibility from 28 airports in Britain made it particularly convenient for British investors and holiday home owners....
Tuesday, August 28, 2007

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Calabria 'offers bargains for investors'

Overseas investors have been urged to act quickly if they want to snap up cheap Italian properties.

Each Property Med said that areas such as Calabria offered several bargains for property buyers, such as one-bedroomed apartments costing as little as 32,000 GBP....
Tuesday, August 28, 2007

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France is 'captivating' Britons

Overseas investors have been encouraged to consider entering the French property market.

Cheapflights.co.uk stated that many Britons had been "captivated" by the south of the country in particular....
Tuesday, August 28, 2007

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South-east Asia property boosted by new flights

A growing number of investors are taking advantage of greater access to property markets in south-east Asia, one expert has claimed.

Jason Killingback, sales advisor at David Stanley Redfern, said that it has become a "lot easier" for people to invest in countries such as Thailand due to the availability of new flights....
Friday, August 24, 2007

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Flights to Cape Verde set to attract investors

The availability of direct flights to the Cape Verde islands is expected to see an increase in the number of investors looking to buy property there, according to one expert.

Paul Collins, overseas editor of BuyAssociation, said that people purchasing property in the region are likely to benefit from a greater number of tourists visiting the islands over the next few years....
Friday, August 24, 2007

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Australian property delivers 16.9% return

The property market in Australia provided investors with a 16.9 per cent total return during the year to June 2007.

According to a report published by the Investment Property Databank and the Property Council of Australia office property delivered a return of 17....
Thursday, August 23, 2007

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Thailand attracting an "array" of investors

Thailand is proving popular with a wide variety of buyers looking for different types of property and investment opportunities, according to one expert.

Jason Killingback, sales adviser at David Stanley Redfern, said that although Thai buying laws can be "quite complicated", steps are being taken to make things easier for investors....
Thursday, August 23, 2007

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Investors 'cautious' over Thai property market

Many people considering purchasing property in Thailand remain cautious, despite the fact that the risk to investment is "not large", according to one expert.

Commenting on the Thai market, Marsha Lu, head of the legal, diligence and compliance department at Property Frontiers, said that media reports on the recent military coup has prompted some investors to be wary of buying property there....
Wednesday, August 22, 2007

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Calabria offers "unique charms"

Calabria in southern Italy could provide significant investment opportunities to property buyers, according to one expert.

Overseas Property UK claims that the area remains underdeveloped, yet new low-cost flights provided by Ryanair mean that the area is now accessible to UK tourists and investors....
Wednesday, August 22, 2007

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Florida investment 'buoyed by strong pound'

The strength of the pound against the US dollar means that the property market in Florida still represents a good investment opportunity, according to one expert.

Paul McMullen, sales manager at Escapes2, argued that property in Florida is a strong long-term investment, rather than a "get rich quick" market....
Wednesday, August 22, 2007

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Malaysia "best place to invest" in south-east Asia

Malaysia offers overseas property buyers the best investment opportunities, according to one expert.

Marsha Lu, head of the legal, diligence and compliance department at Property Frontiers, claimed that while Malaysia has not been as popular as Thailand in the past, the latter has experienced political instability recently....
Tuesday, August 21, 2007

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Central Portugal becoming "extremely popular"

Having been "overlooked" by many investors in the past, the property market in central Portugal is now attracting a growing number of potential buyers, according to one expert.

William Fitzherbert-Brockholes of estate agent Property For Sale In Central Portugal told Homes Worldwide that several years ago properties were mostly sold privately, with most buyers seeking to invest in new homes....
Tuesday, August 21, 2007

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Spanish property remains popular with Brits

British overseas property investors continue to favour the Spanish market above all others, according to a new report.

Statistics published by Propertyline revealed that 43 per cent of all property enquiries it received were for Spain, followed by 13 per cent for France and 11 per cent for Italy....
Monday, August 20, 2007

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Valencia market 'benefiting from sporting prestige'

The property market in Valencia, Spain, has been boosted by the number of visitors attracted by major sporting events held in the region.

The America's Cup has seen the redevelopment of the city's fishing port into a new £350 million marina, while the arrival of Formula One next year is also expected to bring in the crowds....
Monday, August 20, 2007

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Moroccan development a "real incentive" for investors

Plans by the Moroccan king to develop the country into a popular coastal resort is expected to attract a number of property developers and investors, it has been claimed.

According to Obelisk International, the availability of low-coast airfares, the country's maturing infrastructure and rising property prices marks Morocco as an emerging market with a great deal of potential....
Monday, August 20, 2007

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Overseas investors urged to consider currency rates

Overseas property investors are being urged to take steps to protect themselves against volatile exchange rates as sharp movements could unexpectedly push up prices.

Problems in the US sub prime lending market have had a knock on effect across the globe recently, both in stock markets and in currency markets, causing huge instability....
Friday, August 17, 2007

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French market "ripe for investment"

The French property market is experiencing sustained growth thanks to continued demand from foreign investors, SPC Overseas claims.

The property investment company told Homes Worldwide that there are several mini growth markets in France where prices are finally beginning to catch up to the rest of Europe....
Friday, August 17, 2007

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Warning over "hotspot" guides

Investors are being warned to treat property hotspot guides with caution as the criteria used to compile them may vary from one to another.

Propertyshowrooms.com says that while one website may name a certain country as the best place to buy property, another will put the same country further down the list because it has used different criteria to compile its guide....
Friday, August 17, 2007

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Valencia 'becoming a property hotspot'

Valencia is becoming a property hotspot thanks to the restoration of many old buildings in the centre of the city, Valencia Property has said.

According to the real estate agency Spain's third largest city holds some excellent opportunities for investors looking for typical Spanish properties at lower prices....
Thursday, August 16, 2007

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Investors urged to 'diversify'

Property investors are being encouraged to diversify their portfolios to make the most of the property boom and ensure maximum returns.

The independent mortgage broker Savills Private Finance says investors need to consider what kind of properties they wish to buy and where wish choose to buy them....
Thursday, August 16, 2007

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Australian market demonstrates growth

The Australian real estate market is showing huge growth potential, with demand for commercial property driving investment.

This is the view of the GPT group, which believes the commercial property sector in Australia is strong enough to withstand the shockwaves resonating from the US residential property market, which are being felt across the globe....
Thursday, August 16, 2007

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Turkey "one of the best" places to invest

Developments around Turkey's cities provide good opportunities for investment, according to an expert.

Marketing director of Atlas International Colin Mansell said that a combination of other factors made the country a good prospect for investment returns....
Wednesday, August 15, 2007

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New direct flights to Sofia "good news" for investors

Budget airline easyJet will run a new direct route from London to Bulgaria from November, it has announced.

The airline said that the new route, which is one if seven unveiled to destinations also including Romania and Poland, reflects the airline's "continued commitment to growth in Central Eastern Europe"....
Wednesday, August 15, 2007

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Marrakech is a "significant" property market

The increase in Moroccan tourism has turned Marrakech in particular into a property hotspot, according to a property expert.

Some 4.5 million tourists have visited the country since 2001 and is seeking to increase that to 6....
Wednesday, August 15, 2007

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Cheap flights 'opening up Italy'

Cheap flights are playing a significant role in attracting investors to southern Italy, according to The Global Property Group.

Budget airlines, such as Ryanair who launched direct flights from Stanstead to Lamezia on February 18th this year, are offering returns for around £50, director Mike Dunkerley said, where as previous flights to the area cost up to £400....
Tuesday, August 14, 2007

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Cyprus 'retaining its charm'

Cyprus is retaining its character despite its increasing reputation as a tourist destination, it is claimed.

According to Buy Abroad sales director Paul Tomlin, investors are attracted to island's individual culture, in addition to its "comfy" English-speaking areas....
Tuesday, August 14, 2007

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France and Spain remain popular retirement destinations

France and Spain continue to feature as the destinations where British pensioners would most like to live after their retirement.

A recent Bank of Scotland International (BOSI) survey found that the two countries are the most popular countries in Europe to retire in, among the 31 per cent of pensioners who have considered moving abroad....
Tuesday, August 14, 2007

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Southern Italy experiencing 'strong development'

Property development in southern Italy is on the increase according to new reports, fuelled by increased government investment and shifting trends towards development projects throughout the region.

This means that foreign investors with their sights set on Italy can expect an increase in available properties ahead, while relatively low prices in the south continue to offer appealing deals....
Monday, August 13, 2007

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Cyprus offers "great potential"

The Cypriot property market offers strong potential for UK investors according to experts at Buy Abroad, with lucrative investment opportunities available in certain areas.

Experts highlight southern Cyprus as having good potential overall with year-on-year growth over the past two or three years, attracting UK investors on this basis....
Monday, August 13, 2007

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Overseas property enquiries increase

The number of overseas property enquiries from UK investors on is on the increase according to new figures.

Reports from financial services provider Baydonhill reveal that overseas mortgage enquiries have increase by almost a third (30 per cent) during the past year, with brokers reporting increased activity among UK clients....
Monday, August 13, 2007

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French property market "sheltered"

Experts assert that the French property market is by and large sheltered from the current US sub-prime crisis due to a stringent legal framework that will not allow sub-prime risks to penetrate.

Serge Grzybowski, chief executive of property development group Icade, argues that France is protected from this vulnerability as a result of the way in which its mortage system is set up, with banks tending not to lend excessively to mortgage borrowers....
Friday, August 10, 2007

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Northern Cyprus economy 'booming'

The local economy in northern Cyprus is undergoing something of a boom of late, creating positive conditions for investment and property development, it has been claimed.

A strong economy signals continued growth and economic activity in the future, while also pointing toward property appreciation ahead....
Friday, August 10, 2007

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Southern Italy 'becoming more popular'

Property in southern Italy is becoming increasingly popular among international investors, with rising interest in a number of regions.

UK-based buyers are showing interest in areas such as Calabria, Abruzzo and the Amalfi Coast, despite the fact that facilities in the south are generally not as good as those in the north....
Thursday, August 09, 2007

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Sofia 'offers good investment potential'

Lucrative investment opportunities are available in the Bulgarian region of Sofia despite extensive development in other Bulgarian areas, according to experts at Off Plan International.

It is argued that Sofia has strong potential for investors taking a longer term approach, with properties that are likely to appreciate in value and high tenant demand for the foreseeable future....
Thursday, August 09, 2007

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Bulgarian commercial property sector grows

Bulgaria's commercial property sector is showing positive signs of growth, attracting increased investment activity from foreign and domestic investors.

New research from real estate group Colliers International suggest that notable growth is being evidenced across all commercial segments in Bulgaria's real estate market, led by the retail sector....
Thursday, August 09, 2007

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Morocco a "highlight" of the property market

More adventurous property markets such as Morocco, are the "highlights of the day" for investors at the moment, an expert has said.

The country can offer quick and higher rates of return in comparison with traditional property markets such as Spain, it is claimed....
Wednesday, August 08, 2007

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Developers plan new Spanish golf resort

Plans to build a new golf course and 2,000 homes are underway in La Alpujarra in Spain.

The region's Olive Press newspaper has quoted a local councillor, who claimed to have seen the urban extension plan....
Wednesday, August 08, 2007

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Positive outlook for Brazilian property

Experts are positive on the outlook for real estate property in Brazil, research has found.

Ten leading experts gave their impressions on the Brazilian property in response to a survey conducted by the Latin Business Chronicle....
Wednesday, August 08, 2007

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Turkey 'retains its charm'

Ongoing property development in Turkey is failing to detract from the country's natural charm, according to experts at property group Anatolian Sky.

Figures from Investors Provident state that there are currently somewhere in the region of 12,000 British-owned properties in Turkey, indicative of the popularity of the Turkish property market among UK investors....
Tuesday, August 07, 2007

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Foreign buyers moving into Valencia market

Valencia is continuing to attract a steady influx of foreign buyers looking to invest in Spanish property, moving away from traditional favourites in the Costas.

Experts highlight the aesthetic and cultural appeal of Valencia as responsible for its popularity, with investors able to expect a healthy level of demand for accommodation among visitors to Spain and holidaymakers....
Tuesday, August 07, 2007

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South African property prices rising

Property prices in South Africa are on the increase, offering lucrative opportunities for property investors taking a long-term view of the market.

These developments are indicative of the rising popularity of South Africa for foreign buyers, attracted by appealing investment opportunities in an emerging market....
Tuesday, August 07, 2007

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Investors 'looking for all season locations'

Property investors who are targeting ski resorts are seeking property that can provide returns for the entire year, rather than just during winter peaks, according to one expert.

Terry Brine, director of Ski-Invest, said that "top resorts" now provide an "all season experience" and properties located in these areas "should show a good return"....
Monday, August 06, 2007

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Retirees "flocking" to France

A million British pensioners are receiving their state allowance from overseas, according to new figures from Saga.

But France has become more popular with Brits than Spain because there are fewer established expat communities to annoy them, according to an overseas mortgage adviser....
Friday, August 03, 2007

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Overseas property market 'booming'

Property prices in France, Spain, US and Italy have risen by more than 50 per cent, according to an expert.

Mark Bodega from currency specialists HiFX said that the Economist Research Unit calculated increases in the value of property in developed economies as $30 trillion (about £15 trillion) over the last five years, hitting a new total of $70 trillion....
Friday, August 03, 2007

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Investors should "know" their chosen location

Research is vital if investors are to compete in the foreign property market, according to an expert.

Mark Stucklin of Spanish Property Insight said that some buyers were naïve and did not thoroughly investigate an area....
Friday, August 03, 2007

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Thailand 'unaffected by US housing market problems'

The recent housing market decline in the US is unlikely to impact upon the economy in Thailand, according to one expert.

Suchada Kirakul, assistant governor of the Bank of Thailand, said that investors are losing confidence in the US dollar and choosing to look to other markets instead, Thomson Financial reports....
Thursday, August 02, 2007

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"Exotic" locations proving popular

Holiday destinations off the beaten path are opening up to tourists, according to a holiday company.

While cities such as Rome, Barcelona and Paris remain popular with Brits looking for a weekend or mid-week break, cheap flights to destinations like eastern Europe and the US were increasingly in demand....
Thursday, August 02, 2007

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Investors urged to seek "liquid" markets

Lateral thinking will serve property investors well, according to a market expert.

Mark Stucklin from website Spanishpropertyinsight.com advised people to do their research and consider locations that were different from the norm....
Thursday, August 02, 2007

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Cyprus' euro move 'to boost property interest'

Cyprus' decision to enter the euro next year will prove to be a fillip for property investment prospects, it has been claimed.

Foreign currency specialist HiFX has made the prediction after it was confirmed that the island will begin using the euro from January 1st 2008, reports Fly2let....
Wednesday, August 01, 2007

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Pamporovo highlighted as investment prospect

The mountain resort of Pamporovo is a good place to invest in property, it has been claimed.

As one of Bulgaria's most famous ski resorts, the area boasts scenic views, sizeable properties and "excellent value for money", according to international property publication Quest Bulgaria, reports Homesgofast....
Wednesday, August 01, 2007

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