France “reliable” for investors

France is a reliable destination for property investors.

Because of this Stuart Law, Managing Director of Assetz, has suggested that economic conditions in France make it perfectly suited to investment allowing for stable growth over the long-term.

While many people may be caught up in the huge potential of emerging markets such as Bulgaria or Cyprus, there are far more potential pitfalls in those countries than in established destinations such as France. The French market has demonstrated its robust nature over a long period of time, whereas while the good times may appear to be rolling in Bulgaria right now, a political storm (i.e. if the country does not gain access to the European Union) could see a slump in the market.

Posted on: France

August 2, 2006

Venice Needs “Theme Park” Management

A leading British economist has suggested that the historic city of Venice must be run like a theme park in order to provide enough funds to save it from rising sea levels. John Kay, author of The Truth About Markets, believes that only by converting the city into a Disney-type enterprise can Venice survive the rising waters and its own sinking mass.

Posted on: London

July 31, 2006

Turkey’s property taxes rise

Residential property taxes in Turkey have gone up by 9.8 percent following a joint decree by the ministries of finance and public works. The new levels of taxation will be effective as of the beginning of 2007, according to the government’s Official Gazette.

Posted on: Turkey

How and where to buy property in Turkey: How to buy

There are simple steps to follow in buying a Turkish property. First, the purchasing contract is signed after an agreement has been made on the property. By this time, the final price should have been agreed upon by both parties. In the contract, the address, price, price inclusions, and the terms of payment are stated.

Secondly, secure a copy of your passport and four copies of colored passport photos. Your mother’s maiden name and father’s full name will be asked for all named persons to be included on the Tapu (title deeds). If for some reason the you can’t go back to Turkey to sign the Tapu, agents, like Ilkem Construction for example, can organize the Power of Attorney. This will enable such a company to act on your behalf and take the Tapu. The company can also organize all other documentation for the property. A receipt for each payment will be issued to the you. The other copy will be kept in the office on file.

Posted on: Turkey

Morocco attracts British property buyers

People are drawn to owning a home in Morocco with the cheap property prices and cheaper living costs. More and more people are looking at the country to live in, but experts say that the country is also a good bet for savvy property investors.

The North African kingdom of Morocco is just a cross on the water away from Europe. Rich with contrasts, Morocco showcases immense deserted beaches and colorful markets. For the past few years, the country has seen an increase in the number of foreign house buyers. There is a big market for second home buyers, but there is also a strong rental occupancy in Morocco. Also known as Al-Mamlaka al-Maghribiya or the Western Kingdom, Morocco is starting to appeal to those interested in its investment potential.

Posted on: Morocco

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France “reliable” for investors

Venice Needs “Theme Park” Management

Turkey’s property taxes rise

How and where to buy property in Turkey: How to buy

Morocco attracts British property buyers

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