Your key to Spain News free property and buying guide


Pages: 1 2 3 4

September 22, 2007

International real estate investors Florida is ripe

For awhile, real estate boomed all over America until 2006. The year saw the market slowing down. The slump can be attributed to the oversupply of new and resale properties. This was most evident in South Florida, one of the hottest markets in previous years. Although there are some isolated areas that are still seller’s markets, most of the area is now a buyer’s market. This is good news for property investors and buyers because this is the right time to get in.

According to an annual state of the market report for Southwest Florida, realtors from the Re/Max-Ellis Team in Ft. Myers, oversupply caused prices to go down significantly.
read more

Posted on: Florida

September 21, 2007

Introducing property in Florida

Overseas property buyers see the USA more as a place to emigrate rather than as a potential to invest property abroad. The exception rule is the sunshine state of Florida, which offers sound investment potential and desirable holiday homes.

Forty million people each year visit Florida to see the beaches and the theme parks. The market has changed from being one that can guarantee short term gains to one where capital gains can be achieved over a longer period of time. Florida has huge amounts of land. Property developers build with overseas property buyers in mind. Favourable exchange rates can mean huge savings when buying property in Florida. The state, like the US as a whole, benefits from highly regulated real estate industry which means that buying property in Florida has in-built safe guards.

read more

Posted on: Florida

Cyprus and Turkey in Emergency Summit

In an effort to reach a compromise between Cyprus and Turkey, an emergency meeting was arranged in Helsinki. The emergency meeting was triggered by the possible accession of Turkey to the European Union (EU). The Cypriot government is against Turkey’s plans. As the accession nears, the Cypriot government has been vocally objecting Turkey’s plan to join the European Union. However, the Turkish government does not recognize the Greek-Cypriot government. In fact, the Turkish government does not allow Greek-Cypriot shipping access to their ports as a direct breach of EU protocol. In return, Cyprus continues to object Turkey’s plan to join the EU. Meantime, Turkey insists that the EU end its embargo on the northern part of Cyprus which Turkey currently occupies.

read more

Posted on: Cyprus

September 20, 2007

Beckhams and property in France

Victoria Beckham is considering buying a property in France. More and more people from the UK are considering owning properties in the year-round resorts of the Alps.

Prices on property in the Alps are steadily increasing to the levels that homeowners have previously experienced in the UK. The rise in the prices is greatly influenced by Brit investors. 70% of the buyers are reported to be from Britain. Whether at a traditional Alpine chalet or a modern studio apartment, buying a property can eventually be much cheaper than renting. Although prices for major resorts like Val d’Isere and Chamonix can be steep, more affordable properties can be found at surrounding villages and little known resorts. Good value can be found in purpose built Alpine apartments.

read more

Posted on: France

Is property in Portugal a good investment?

It’s quite a surprise why Portugal is included as one of the best investment properties in the region – as many more markets have more potential for property investment than any other. And since Portugal is a country with limited demands for property and with a saturation of property stock, the question still remains: is property in Portugal a good investment?

The answer states that Portugal is such a beautiful country, good for retirees and vacationers. And it is usually a discrete country, where property potential may seem to be a bit inconspicuous whenever there is an increase in house cost. But these just undermine the real potential of Portugal – with its luscious rental and resale appeal, Portugal is still the country to invest in.

read more

Posted on: Portugal

September 19, 2007

Rogue Bulgarian estate agents

According to a Bulgarian magazine, properties in Bulgaria have been victimized by several dishonest real estate agents preying on British investors. The Quest Magazine reports that several overseas property investors have been conned to buy real estate at a price that is three times more of its market value. To encourage Brits to invest on homes in Bulgaria, a new campaign has been initiated.

With the campaign, it is hoped that the sale of unregulated land and the practice of exorbitant pricing on deeds will be put to a stop. Dual pricing on Bulgarian versus UK internet real estate web sites will also be prevented by creating a code of conduct in line with European standards. The mission statement for the campaign is “Quest for real estate ethics in Bulgaria; honesty, integrity and transparency”.

“We receive hundreds of emails and letters from buyers, agents and lawyers regarding real estate transactions – the good, the bad and the ugly of what’s been happening,” claims Chris Goodall of Quest Bulgaria. “It is clear there is a desire for change.” Quest Bulgaria is leading the campaign. The group is also encouraging the public to join in the drive. The code also aims to generate support for a non-governmental group in the next six months to align the real estate agency industry.

read more

Posted on: Bulgaria

Cyprus for Property Investors

2005 was the year for Cyprus as it was named one of the hottest hot spots to go to in property investments around the world. This is because the country not only offers a visual feast with its third largest island in the Mediterranean Sea for both visitors and property investors like, Cyprus also is blessed with the perfect climate that happens all year round – fine weather ranging from temperate to cool but sunny in the winter to hot and steaming in the summer.

read more

Posted on: Cyprus

September 18, 2007

Italy takes the low road to popularity

For awhile, Italy’s property market was considered unknown territory, offering mostly properties in need of a great deal of renovation. 20 years later, Italy’s property market has changed dramatically. It now offers many updated, low level and low density developments compared to many other tourist destinations, which have developed and improved with vast urbanisations.

As many areas of Italy remain relatively undiscovered by Brit buyers, the country still offers comparatively lower property prices. Since Italy is now more accessible with flights from airports like Gatwick, Stansted and Manchester, overseas buyers are increasingly looking for good investment opportunities in Italy.

Italy’s southern most region Calabria is one such area yet to be discovered. But with the increase of direct flights to the area and property prices significantly lower than other neighboring countries, it can become a hotspot in Italy’s property market.
read more

Posted on: Italy

Spanish property price inflation slows to 10.8%

According to the latest figures of Spanish Property Housing, the average cost of property in Spain has rised by as much as 10.8 percent over the last 12 months to the end of June 2006. The drop represents a modest fall from the 12 percent which was taken into account until the end of March 2006.

The average cost of property in Spain has been downright falling every quarter since December 2006, when the rate of property inflation was 17.2 percent.

read more

Posted on: Spain

September 15, 2007

New Investment Opportunity In The Algarve

An innovative freehold property investment will now be open to the public and will commence in the region of the Algarve this coming month. On top of the region’s red cliffs lie the famous Pine Cliffs Residence at the Pine Cliffs Resort. The Pine Cliffs Resort will be offering more than apartments to its residences, apartments overlooking a pine forest, vast and massive golf course and of course, the Atlantic Ocean. The resort has a 15 percent minimum guaranteed return and has strong capital growth potential.

The apartments will hold modern and sleek design and the owners will be able to use the Casa Pine Cliffs, a new facility with the following amenities: mini market, outdoor swimming pool, a fully-equipped gym, a restaurant, and large terrace and dining areas with views overlooking the golf course.

read more

Posted on: Portugal