International Property News

Investors 'can still get bargains in Cyprus'

Increasing numbers of investors are seeking to cash-in on cheap property in Cyprus, it is claimed.

Rising prices on the market are attracting many holiday home buyers to both newly discovered bargains in the north of the island, although good deals can still be obtained in the south, Cyprus property expert Kevin Moore has said....
Friday, September 28, 2007

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Good climate 'attracts investors to Brazil

Brazil's all-year-round tropical climate is attractive to tourists and investors alike, a property investment adviser has said.

Property in the country has experienced a 20 per cent rise in some areas, although it is still affordable to investors, the Property Frontiers spokesperson said....
Friday, September 28, 2007

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Portugal 'escapes credit woes'

Portugal is likely to escape direct consequences of the credit problems facing international markets, a leading expert has said.

Carlos Tavarez, the president of stock market regulator CMVM, told local paper Diario Economico that Portugal's investors will face only a "residual" effect of the much-discussed credit crunch....
Friday, September 28, 2007

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Egypt recommended to winter sunseekers

Aspiring property investors have been advised to enter the Egyptian market in order to enjoy sunny weather over winter.

UK newspaper the Telegraph said that the country offered sunshine and warm temperatures all year round, making it ideal for people hoping to get away over the holiday season at the end of the year....
Thursday, September 27, 2007

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Britons 'visiting Morocco for holidays'

Morocco has become an increasingly popular holiday destination among British tourists, according to new research.

Figures from the country's tourism department showed that between January and July this year, 261,000 Britons visited Morocco for a holiday....
Thursday, September 27, 2007

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Accessibility 'affects success of foreign investment'

The ease of access to a property could have an impact on its success as a holiday home, an expert has suggested.

Mark Bodega, director at currency specialist HiFX, said that investment spots were serviced by low-cost airlines, the future sale value of property could also be higher....
Thursday, September 27, 2007

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Spanish government 'investing more in Malaga'

The Spanish government is to increase public spending in Malaga next year, according to reports.

According to the Typically Spanish website, the amount of money to be put into the region in 2008 will be 11 per cent higher than the amount allocated this year....
Wednesday, September 26, 2007

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France 'offers tax benefits to expats'

People who want to move abroad to enjoy a lower tax liability have been advised to consider entering the French market.

Earlier this year, incoming president Nicolas Sarkozy introduced reforms to the country's tax regime, such as raising the inheritance tax (IHT) threshold....
Wednesday, September 26, 2007

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Cape Verde 'offers massive rental returns'

Overseas property owners in Cape Verde could get "massive" rental returns on their investment, according to experts.

GEM Estates said that since the island has warm weather for 12 months of the year, investors could potentially let out their properties for longer than they would be able to in other emerging markets....
Wednesday, September 26, 2007

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Retirees 'emigrating to Spain'

Many older people are choosing Spain as their ideal retirement destination, an expert has said.

According to travel writer Stephen Morgan, foreigners have been tempted to relocate to the country by factors such as the good climate and attractive scenery....
Tuesday, September 25, 2007

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Investors 'choosing to spend large sums on Italian property'

A growing number of investors are choosing to spend more than €1 million euros on Italian property, according to an expert.

Linda Travella, broadcaster and founder of Casa Travella, said that affluent investors were shunning the emerging markets of eastern Europe in favour of countries such as Italy....
Tuesday, September 25, 2007

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Emerging markets 'could be lucrative investments'

Overseas property buyers could find emerging markets potentially lucrative investments, according to experts.

World Investment Services (WIS) highlighted Cape Verde as an area where people could enter the market at low cost and enjoy the proceeds of capital appreciation....
Tuesday, September 25, 2007

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Inland Spain 'becoming more popular'

Experts in the Spanish property market have highlighted a growing trend of investors looking at inland areas instead of coastal towns.

According to Spanishpropertyinsight.com, some investors have shunned property by the sea because a number of places have become highly urbanised....
Monday, September 24, 2007

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Bulgarian economy boosted by service sector

Bulgaria's popularity as a holiday destination has become a key driver of economic growth in the country, new figures have shown.

According to the country's National Statistics Institute, the service sector has expanded by 8....
Monday, September 24, 2007

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Expats 'shipping precious items abroad'

Many Britons who are relocating abroad are having large and valuable possessions shipped overseas to help them cope, according to a removal firm.

Cotswold Carriers stated an increasing number of people had chosen to move to warmer countries such as Spain in the last few years....
Monday, September 24, 2007

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Investors advised to consider Silver Coast property

Prospective investors in foreign property have been encouraged to consider buying in Portugal's Silver Coast region.

Orizon Compo Real said that during the last few years, the area had seen consistent capital annual growth of at least ten per cent....
Friday, September 21, 2007

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Cyprus 'generating higher tourist revenue'

The tourist industry in Cyprus has generated an increased amount of revenue this year, local media have said.

According to the Financial Mirror, income from the travel sector rose by 3.2 per cent throughout the 12 months to June 2007....
Friday, September 21, 2007

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Tourism 'boosting Calabria's investment potential'

Previously overlooked areas of Italy are becoming more appealing to overseas investors as a result of the growth of tourism, according to experts.

RealPoint Italy said that since areas such as Calabria had recently become popular with holidaymakers, they also offered viable investment opportunities....
Thursday, September 20, 2007

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New airport 'will attract investors to Turkey'

A UK newspaper has welcomed the news that an international airport is to be built in Turkey.

The Telegraph said that the planned airport, which is being built near the city of Alanya, would help attract overseas property investors to the region....
Thursday, September 20, 2007

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Cape Verde property owners 'to benefit from investment'

Major investment by foreign consortiums on the Cape Verde islands is likely to directly benefit overseas property owners.

Although some of the money is being ploughed into the construction of new hotels, the wider population, including tourists and investors, will be able to take advantage of the associated infrastructure improvements....
Thursday, September 20, 2007

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Turkish tourism 'benefits from wet UK summer'

Turkey's tourist trade has directly benefited from this year's wet summer in the UK, according to a travel firm.

Humberside Airport Travel said that during July, it saw a rush of people purchasing last-minute foreign holidays because of persistent bad weather in Britain....
Wednesday, September 19, 2007

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Established markets 'popular with Britons'

British holidaymakers are still attracted to established European countries, despite the popularity of other emerging markets, a new poll has found.

Research by Saga found that Italy was the most popular holiday destination in Europe, along with Spain, France and Portugal....
Wednesday, September 19, 2007

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New flights 'could boost Cape Verde investment'

New flights from the UK to Cape Verde have been welcomed as a possible boost to tourism and investment in the region.

Speaking in response to the introduction of new flights by TACV, Adrian Lillywhite of Cape Verde Property said that demand for property in the west African archipelago was high at the moment

He stated that the islands were popular as overseas investors wanted affordable frontline properties in a popular destination, reports Homes Worldwide....
Wednesday, September 19, 2007

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Bulgarian property 'set for major price increase'

The price of property in Bulgaria could rise significantly in the next few months, local media have reported.

According to the Sofia Echo, polls by various media outlets have shown that real estate agents across the country widely expect property values to keep increasing....
Tuesday, September 18, 2007

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Charter carriers 'offer cheap flights for overseas investors'

People planning on flying to Cyprus at the last minute have been advised to save money with charter carriers.

Richard Green, travel expert at the Sunday Times, said that if people booked shortly before the day they wanted to fly, these were more likely to offer cheap flights....
Tuesday, September 18, 2007

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Python's travel log could draw investors to eastern Europe

The latest travel documentary from Michael Palin could trigger of surge of interest in eastern Europe, according to an expert.

Daniel Pawlyn of adventure holiday website Intrepid said the new BBC2 series would raise the profile of eastern European countries in the UK and lead to more people visiting them for their holidays....
Monday, September 17, 2007

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Cheap flights to Cyprus 'could tempt investors'

The overseas property market in Cyprus could become more popular among investors due to new cheap flights to the region.

Jet2.com has announced that a twice-weekly service will travel between Leeds Bradford International Airport and Paphos, which it said should boost tourism in Cyprus....
Monday, September 17, 2007

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Sofia 'offers good prospects for Bulgarian investors'

The Bulgarian capital Sofia could offer better investment prospects than coastal regions, according to an expert.

Simon Tweddle, chief analyst at Property Secrets, suggested that people hoping to generate money from investing in Bulgaria ignore the coast as it was less lucrative....
Monday, September 17, 2007

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Cheap flights 'allow access to home for expats'

Budget airlines have been cited as one of the main factors behind people choosing to move to Spain.

Saga said the growth of low-cost travel between Spain and the UK meant that people could enjoy the benefits of living abroad, but still be in reach of friends and family....
Friday, September 14, 2007

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Traditional European destinations 'still popular with investors'

The continuing popularity of established markets in Europe among overseas investors has been highlighted by a financial provider.

Barclays said that countries including Spain, France and Italy were receiving an unprecedented amount of interest from British buyers....
Friday, September 14, 2007

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Italian lakes recommended to overseas buyers

Overseas property investors have been advised to consider purchasing holiday homes near Lakes Garda and Como.

According to BuyAssociation, the area is highly accessible due to its proximity to Venice and the city's airport....
Friday, September 14, 2007

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Aviation boosts Cape Verde tourism

The introduction of direct flights to Cape Verde has made the group of islands an increasingly popular holiday spot, experts have stated.

Homes Worldwide said that since direct flights between the UK and Cape Verde were introduced in 2006, it has grown in stature as a tourist destination....
Thursday, September 13, 2007

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Alicante town 'popular with investors'

The Spanish town of Muro de Alcoy has been named as the most popular investment location in the country.

Research by Kyero.com found that the town, located in the Alicante region, was the most popular place for overseas investors to purchase Spanish property....
Thursday, September 13, 2007

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Overseas buyers 'should research area'

Overseas property buyers have been urged to research the area they are looking at before committing to a purchase.

Emerging Real Estate recommended that prospective buyers consider issues such as the local economy and whether it was a sustainable investment....
Thursday, September 13, 2007

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Cheap flights 'are signposts to good investments'

Overseas property buyers should look at budget airline routes to identify potentially good investments, according to experts.

Obelisk International said that people could plan their investments strategically as new airline routes offered by cheap carriers often indicated the next investment hotspots....
Wednesday, September 12, 2007

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Existing houses in Bulgaria 'are good investments'

Overseas buyers planning to enter the Bulgarian market have been urged to choose existing housing stock.

Balkan Holdings said that off-plan properties would not be as good for investors, as the available supply outweighed the level of demand....
Wednesday, September 12, 2007

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Malaga 'remains popular with UK investors'

The Spanish province of Malaga has been described as one of the most popular areas among British investors.

Kyero.com said the region was the most expensive investment hotspot in Spain, as people were continuing to invest there despite higher than average prices....
Tuesday, September 11, 2007

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Investors 'buying near French Alps'

The French Alps are becoming an increasingly popular investment option among overseas buyers, experts have stated.

Investors in Property said that outlying places such as Grenoble were becoming highly sought-after by foreign homeowners....
Tuesday, September 11, 2007

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Spain's weather 'attracts Christmas holidaymakers'

Many Britons are choosing to go away to countries such as Spain this Christmas in order to enjoy the warmer weather.

The Association of British Travel Agents (ABTA) stated that the country was the most popular destination among holidaymakers seeking a hotter climate during the winter....
Tuesday, September 11, 2007

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Market for Alpine holidays 'growing'

A number of people are beginning to turn away from the Costas in favour of taking holidays in the Alps, it has been claimed.

Simon Malster, managing director of Investors in Property, suggested that hot temperatures recorded in some parts of Europe this year are a factor influencing rising interest in Alpine holidays....
Monday, September 10, 2007

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Investors look for "new targets"

Following the problems faced by the property market in the US, many investors are looking to the commercial real estate market, according to one expert.

Speaking to the Turkish Daily News, John Kriz, managing director for real estate finance at Moody's, said that institutional investors across the world are seeking "new targets" for investment....
Monday, September 10, 2007

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European investors 'discovering' Brazil

A growing number of European investors are choosing to purchase properties in the emerging Brazilian market, it has been claimed.

Offering greater "exclusivity" than the developed markets in Dubai and Spain, the Brazilian property sector is attracting buyers pursuing several investment strategies, according to a spokesperson for Knight Frank....
Monday, September 10, 2007

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Investors 'should buy close to amenities'

Investors in Spain have been advised to make sure they purchase properties close to vital amenities.

Real estate expert Brittney Jackline stated that access to facilities such as shops and hospitals was an important consideration for potential buyers....
Friday, September 07, 2007

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Britons 'seeking sunnier weather abroad'

The overseas property market could be in for a boost thanks to disaffected Britons seeking sunnier weather.

Richard Gregan, managing director of Emigration Overseas, stated that the number of Britons wanting to purchase an overseas property was likely to increase in the near future because of recent adverse weather....
Friday, September 07, 2007

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Investors told 'everything should be considered'

Every aspect of buying a property abroad has to be considered by investors, experts have advised.

PricewaterhouseCoopers (PwC) stated that overseas property buyers would benefit from seeking professional advice in order to make sure they do not overlook certain issues....
Friday, September 07, 2007

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Overseas property buyers 'should get expert advice'

Overseas property buyers are more likely to get a good deal if they seek independent advice first, according to an expert.

Clive Statham, managing director of Anglo Portuguese Mortgage, said independent advisers were familiar with the various mortgage products available in different markets and could guide investors through the best options....
Thursday, September 06, 2007

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Spanish prices 'not putting off investors'

Spain's house price boom is not deterring investors from buying in the region, an expert has claimed.

Estate agent Brad Johnston said that people investing in the country could still enjoy capital growth, as a new influx of migrants in the next few years was likely to trigger another housing boom....
Thursday, September 06, 2007

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First-time buyers 'generating money overseas'

Many young people who cannot afford to buy property in the UK are choosing to invest overseas, according to one company.

Pacific Concord Properties highlighted a growing trend of people opting to spend the money they had on rental accommodation abroad....
Thursday, September 06, 2007

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Russians and Britons 'lead Bulgarian investment'

Investors from Britain and Russia are increasingly showing interest in purchasing Bulgarian holiday homes, new research has found.

A study by Green Life Property Development added that investors from other countries such as Romania and Kazakhstan were also looking at entering the market, reports Focus....
Wednesday, September 05, 2007

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New rail link slashes London-Paris travel time

People who own property in France are likely to welcome news that a new rail link has reduced the time it takes to get there.

Eurostar's new rail link between Paris and London was launched yesterday and completed its run in two hours, three minutes and 39 seconds....
Wednesday, September 05, 2007

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Local airports 'are more convenient'

Tourists and investors in foreign properties find regional airports more convenient than larger alternatives, experts have said.

According to the Airport Operators Association (AOA), the market share of major establishments such as Heathrow and Gatwick is declining because of the growth in regional aviation....
Wednesday, September 05, 2007

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Spanish investors 'could snap up bargains'

Competition among estate agents in Spain could result in some bargains being snapped up by property buyers, it has been claimed.

Savvy investors were told by Homes Worldwide that increased competition in the sector has led to some firms making more generous offers to consumers....
Tuesday, September 04, 2007

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Tourists 'flocking to Turkey'

Turkey is set to become one of the most popular international holiday destinations, according to experts.

Analysts at Select Property said that the number of tourists visiting the country had gone up by 20 per cent for the past two years, making it an increasingly mainstream holiday choice....
Tuesday, September 04, 2007

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Demand for overseas property 'set to increase'

Demand for overseas property among Britons is set to increase further, experts have predicted.

Thinkproperty.com stated that during the last six months, interest in purchasing property abroad had gone up "steadily"....
Monday, September 03, 2007

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Investors in French property 'to benefit from tax reforms'

New tax reforms in France could have a positive impact on property owners in the country, according to experts.

Approximately 95 per cent of homeowners will now be exempt from paying inheritance tax (IHT) after the government tripled the threshold at which people become liable to pay....
Monday, September 03, 2007

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Eastern Europe 'growing in popularity'

Overseas property investors are increasingly showing interest in the eastern European market, according to experts.

Foreign Currencies Direct cited Bulgaria as a particular favourite among investors, as they were seen to be delivering better value for money than some of the more established alternatives....
Monday, September 03, 2007

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