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Credit crunch 'boosts overseas property'
2008-05-02 02:00:00 The ongoing credit crisis is prompting some people to take the plunge and invest in a foreign property, an expert has said. According to Paul Collins of the BuyAssociation website, foreign property ownership is becoming more and more popular in the UK. This was partially attributed to economic issues such as the slowdown in the British housing market, as this has prompted some investors to seek potential opportunities overseas. He added that the credit crunch is also having an effect, as many are losing confidence in the amount of money they have in their UK property. Mr Collins commented: "When things start to show signs of taking a downturn it can actually steel people into making a decision." This comes after Exchange Bond predicted that the number of foreign properties owned by British and Irish nationals will increase by at least eight per cent this year.
Selling Overseas Property A Place in The Sun
2008-04-05 00:21:00 UK Channel 4 s A Place in Sun has joined other UK based overseas property portals such as Homesgofast.com and Property-Abroad.com in offering sellers the chance to promote their overseas property online. Channel 4 is launching a classifieds portal for overseas property on the back of its series A Place in the Sun.
Lanzarote Visitor Numbers Surge by 11%
2008-04-03 10:13:00 British tourism up 16.7% during January/February 2008 Overseas investors with interests in the Lanzarote property market will have been warmed by the release of the latest tourist figures for the island. Which reveal an upsurge 16.7% in British visitor numbers for the first two months of 2008. According to statistics just released by Spanish airport operator AENA. (...)
Overseas Property Investors Make Las Vegas a Hot Spot
2008-03-17 21:43:00 The overseas property portal Homesgofast.com has seen a sharp rise in international investors seeking investment property in Las Vegas. The US housing market is seeing foreclosures and mortgage default rates hitting record levels. It appears that overseas investors are seeking to capitalize on the situation by investing in the worlds entertainment capital city
Ireland's Overseas Property Buyers Warning
2008-03-17 09:21:00 Ireland's Sunday Business Post reports that in an effort to assist its investigation, the Revenue is adopting a range of new more intrusive techniques, including an examination of foreign tax returns and a trawl of deposit interest earned on foreign bank accounts held by Irish citizens Tom Weymes, principal officer with the Revenue’s offshore assets group. ‘‘Our main focus is hot money, money that was never declared to the Revenue for tax purposes. We want to see if any hot money has been used to buy overseas properties”
Overseas Property Portal Media Partner at EPEX 2008
2008-03-05 23:36:00 The overseas property portal Homesgofast.com announced that it has been selected as a media partner for 'The Luxury Property Exhibition' or EPEX 2008 taking place at Olympia National Hall, London, 21 – 22 June 2008. The unique exhibition is aimed at luxury high end real estate from locations world wide. The show concentrates on luxury properties with a price range from £500,000 to £25,000,000.
Overseas property 'eyed by Britons'
2008-02-28 01:00:00 Increasing numbers of Britons are eyeing up property investment opportunities abroad as they look to indulge in some cheaper, sunnier, stress-free living.Research conducted by Foreign Currency Direct shows that ten million UK people are looking to buy a property in another country, such as Spain, in the next year and four million of these would like to live in their overseas home permanently.Some 14 per cent of those looking to purchase abroad were first-time buyers, suggesting that high prices in the UK are encouraging them to look elsewhere.In addition, 33 per cent of respondents said crime levels at home would prompt them to move abroad for good and 31 per cent said they would do so to escape the gloomy British weather."Buying property overseas is still an excellent investment and a great opportunity for a better quality of life," said Peter Ellis, chief executive of Foreign Currency Direct.Meanwhile currency company Caxton FX says it has seen unprecedented demand from British cl...
Overseas Property Trend For 2008
2008-02-14 08:22:00 Cheaper overseas investment property in Dubai, Brazil, Egypt, Turkey and the US appears to be the investing trend for 2008. Enquiries to the overseas property portal Homesgofast.com (http://homesgofast.com) from over 170,000 visitors in January 2008 give an early indication of the most sought after locations; they point to an investor trend towards lower priced properties.
Related International Unveils Plans for ICON Vallarta?s Grand Tower:
2008-02-12 11:52:00 75 Ultra-Luxury Condominiums with Array of Services and Amenities Final Opportunity to Own Philippe Starck-designed Property on Mexico Coast Miami, FLORIDA (January 8, 2008) ? Related International has announced ICON Vallarta?s third and final offering, The Grand Tower. Unlike anything ever seen before in all of Mexico, The Grand Tower will offer an unprecedented level of luxury ...
Vietnam attracts UAE investment
2008-01-31 15:30:00 Vietnam?s recent policy changes regarding direct foreign investment are attracting investors from around the globe and Dubai based property developers are moving in, eager to be in on the ground floor as Vietnam?s property market begins to blossom. The latest to join the bandwagon is ETA Star, the real estate arm of the ETA Star-Ascon Group, ...
What Are The Best Locations To Buy An Overseas Property?
2008-01-26 01:30:00 Where to buy abroad? That is the big question! If you’re thinking of investing in overseas property wouldn’t it be perfect to find an undiscovered paradise where property values will increase ten-fold in the next three years! Yes it has happened before but for every investment success story there are more that haven’t fulfilled their ...
By: Arizona Music
Overseas Property Cure For January Blues
2008-01-24 15:38:00 The gloomy financial reports and the grey skies of the UK officially make January the lowest month in most Brits calendars. It also serves as reason for UK residents to seriously consider buying property abroad. Australia and New Zealand are now the top destinations for Brits leaving the UK
Attracting Overseas Property Buyers to the U.S.A.
2008-01-18 11:02:00 As the U.S continues to struggle with issues created by the sub prime crisis, the lending climate in the U.S (confused) is encouraging more and more American real estate agents and owners to market their inventory overseas. The Wall Street Journal is suggesting this as a good strategy and have some suggestions for attracting an overseas ...
Pipa The New Overseas Property Hotspot in Brazil
2008-01-17 08:25:00 The popular northeast coast of Brazil has become an international real estate investor’s dream, with bargain prices and consistent double-digit appreciation in values. One village that has long been a desired location for both those in the know is Pipa in Rio Grande do Norte. Pipa is about an hour south of Natal in the district of Tibau do Sol. The village has the Atlantic Ocean on one side and the Guarairas lagoon on the other.
Property Investment Strategy
2008-01-14 16:32:00 What is your property investment strategy? From almost any small to middle sized property speculator, the answer of course varies from massively complex analysis of the World?s property and currency markets to, ?I plan to make money.? Everybody and his Grandmother is trying to guess where the next hotspot or dead zone is going to be ...
An American in Paris
2007-12-27 14:38:00 Or Cyprus, or Italy or Mexico. More and more Americans are looking further afield than New York for their second or even third home. According to the National Association of Realtors, some 5 to 600,000 foreign properties are owned by Americans living abroad. The most popular locations are Britain, Mexico, Canada, ...
Property Markets to Invest in During 2008 - Romania
2007-12-27 14:18:00 Following on from our prediction that Romania will be a good property investment in 2008. News has just been released that UAE-based real estate developer Fortune Group, which has projects worth about Dh7 billion in Dubai, said it will launch two “multi-billion euro” developments in Romania. It said the commercial launch of the two projects is ...
Owning an overseas property Posted By : Ckint Jhonson
2007-12-16 05:12:00 A potential investor should learn how to take advantage of all the opportunities to invest in an apartment, villa or other real estate in Cyprus. He has to be in the right location at the right time in order to make his real estate business an enjoyable and profitable investment. If you are planning to ...
Panama - Trump Ocean Club
2007-12-05 13:59:00 Ahmed say?s he is done with Panama real Estate, but my feeling is there is some steam left in the market still. Here is one development still in progress that I believe will provide good property investment opportunities over the coming years. Trump Ocean Club, Panama City A $260 million, mixed-use development, the Trump Ocean Club, International ...
Association of International Property Professionals - Scam Artists or Genui
2007-12-04 15:01:00 Would you buy a used car from this man? This is Paul Owen, founder member and CEO of the Association of International Property Professionals. The AIPP gets an awful lot of good press. This article in the Daily Mail recently being one such example and the recent write up on citywire being another. And to read these ...
Moneycorp at Industry Overseas Property Exhibition
2007-12-03 13:48:00 London 3/12/07-UK based Foreign exchange specialists Moneycorp are exhibiting at the UK industry overseas property exhibition OPPlive7 on the 4th and 5th December 2007 at ExCel London.
I?m done with Panama Real Estate
2007-11-24 07:02:00 As a professional overseas property investor, I am only too aware that I am constantly one mistake away from bankruptcy ? that?s all it takes - one investment gone awry, one condominium building that didn?t get built, a sudden unexpected drop in the market, a burst real estate bubble, and I am back to washing ...
Boxer Joe Calzaghe into Overseas Property
2007-11-23 18:03:00 Boxer Joe Calzaghe is into overseas property in a big way with the help of UK based agents The Right Move Abroad. The undefeated world super middleweight boxing champion knows a bargain when he sees one and has bought in numerous places abroad.
Facts about real estates in Bulgaria - the latest European Union member
2007-11-23 14:33:00 FACTS ABOUT BULGARIAN PROPERTIES Two months after joining the European Union, Bulgaria began attracting increasing interest towards local real estates. Its strategic geographic location and the membership in EU and NATO turn it into an attractive destination for property buyers. For sure, you need to have more information before investing your money into a small ...
Indian Property gets Hotter than a Madras Curry
2007-11-23 01:54:00 Global real estate majors such as Dubai World, the Trump Organisation, Smart City of Dubai, Kishimoto Gordon Dalaya, Khuyool Investments, Bonyan Holding, Plus Properties, ABG Group and Al Fara?s Properties are descending on the Indian real estate market with an investment of around $20-25 billion in the next 12-18 months. Top-level management teams of around 50 ...
Overseas Property Frauds
2007-11-22 08:55:00 The need for due diligence checks on overseas property developers was highlighted today when an Australian property developer received a four year jail term for fraud. Robert Orehek, a Sydney-based property developer pleaded guilty to two charges of fraudulently misappropriating investors’ funds. He raised $20 million from investors and used the funds largely to pursue a James Bond lifestyle which included the purchase of a Red Ferrari a new Porsche and a Ducati motor bike.
How to buy Property in Spain
2007-11-21 23:02:00 All property in Spain should be registered in the Registro de la Propiedad (the land registry), where you can obtain the full details of the owner, the exact size of the property and full details of any mortgages, debts or judgments against the property will normally be registered. Only the persons or company named on ...
Reasons to invest in Mumbai Property Market
2007-11-20 14:19:00 To own a beautiful house in first-rate area of any city is everyone?s dream in India today. But not every dream comes true. And this dream becomes all the more difficult to come true if you would like to own a house in big cities like Mumbai, Delhi, Kolkata, Chennai, and Bangalore. In big cities ...
Most Expensive Condos in Manhattan
2007-11-19 13:49:00 Sun Microsystems co-founder Bill Joy, is selling the massive Manhattan apartment that he bought five years ago - but never moved into. The price? - $40 million. The apartment, designed by Richard Meier overlooks the Hudson River. The asking price is likely the highest ever for a downtown Manhattan residence, once again proving that whatever ...
Western New York Attracts Overseas Property Investors
2007-11-19 08:57:00 Western New York Real Estate is offering extreme value for money for overseas property investors. One UK based agency has now sold over 100 Western New York homes to UK investors who are keen to get in on the action. Homes are available from only £10,000 and coupled with a strong pound the state is proving irresistible.
Real Estate Boom in Dubai
2007-11-18 14:10:00 The growth of the Real Estate market in Dubai is protected from whatever fluctuations taking place in oil prices based on short and medium term. In fact, it is estimated that higher prices will only spur on the growth to higher speeds. The value of some of the Real Estate projects in GCC, Iran, and ...
Real Estate in Dubai - A Dynamic Property Market
2007-11-17 14:05:00 Dubai is among the leading choices for people who wish to invest in foreign Real Estate. The most progressive of the 7 parts that make the United Arab Emirates offers excellent investment opportunities. The UAE is only 6 hours flight time away from Germany. A short trip and you are in a land of sun ...
Buying Property in The Dominican Republic
2007-11-16 07:45:00 This is a guide to buying Property in the Dominican republic. All information contained here is currently up-to-date. Please check for recent changes in tax and interest rates. Any photographs used here are used under a creative commons licence. Click any photographs to see details of the photographer. The buying and selling of property in ...
Indian real estate starts to move
2007-11-14 20:18:00 Chandigarh is among the fastest growing cities in India. With a year-on-year growth rate of 7.91 per cent since year 2000, the city has been positioned at number four among the fastest growing cities in India according to a recent report by the International Institute for Environment and Development. Now that the local economy of ...
Brangelina invest in Dubai
2007-11-14 13:46:00 Brad pitt and Angelina Jolie have reportedly invested in Dubai’s The World offshore development. According to sources in Dubai, the Pitts have bought an artificial island of their own to “encourage people to live a greener lifestyle,” *chokes on his coffee*. The World is a man-made archipelago of 300 islands in the shape of a world ...
Slovenia Property - An Investment for Long Term Growth
2007-11-13 23:31:00 Slovenia property for sale is becoming popular with overseas property investors looking for overseas property investment. Slovenia property investment has become more popular than ever, since Slovenia was named in the top ten countries in the world in terms of property investment - with forecast growth of up to 280% over the next 10 years. The ...
How Property Investment can work for you
2007-11-13 16:50:00 Gaining financial security is the main reason why most people turn to property, which is no surprise because property has been and continues to be one of the most solid investments around. Investing in property represents the best reward vs. risk investment you can make for you and your family. It’s commonly known that pensions are ...
Monday Morning Property News Roundup
2007-11-12 09:38:00 Ups: Bargain-hunters Gain as Spanish Costas Cool A slow down in construction has led to buying opportunities. From the Financial Times. On a Greek Isle, Preserving Tradition A couple transforms a building on the Greek island of Poros. From the New York Times. Savills Forecasts Three Percent Rise in Property Prices A detailed look at forecasts for the U.K. market. From ...
Bleak outlook for British homeowners in Spain
2007-11-11 22:23:00 Spain?s soaraway property market has ended its decade-long boom, new figures show, with prices falling for the first time in many parts of the country. In the country as a whole, prices inched up by just 0.3 percent in the third quarter of the year, the smallest increase since 2000. But prices fell in 13 of ...
Is the U.S.A the next hot overseas property market for U.K investors?
2007-11-11 12:02:00 With the dollar at $2.11 to the pound, if you already own property in the US, you have just seen the value in pounds drop by over ten percent this year alone. On the other hand, if you do not own property in the US, it is now 10% cheaper. With US construction companies offering substantial ...
Retire to Malaysia
2007-11-10 22:36:00 Wander around Kuala Lumpur, in the shadow of the mighty Petronas Towers, and it?s clear that Malaysia, which celebrates half a century of independence this year, is going places. You can forget those colonial images of mile after mile of sleepy rubber plantations; five years from now Malaysia will be importing rubber from Thailand. In ...
Panama Real Estate: One Big Hoax
2007-11-10 01:19:00 The amount of speculation driving the real estate market in Panama City is breathtaking. Literally, I sometimes gag when I hear the kind of numbers floating around this place. The amount of money being spent is unfathomable, and for what? No one?s actually getting anything? These are all condos that won?t be built for months, ...
10 reasons to invest in Abu Dhabi instead of Dubai
2007-11-04 07:00:00 Abu Dhabi is closely following the example set by Dubai in recent times, but with a few strong exceptions that are making Abu Dhabi by far the better investment prospect: Timing. Dubai has already been through a major property value upswing and Abu Dhabi?s is only just beginning. Potentially with even greater rewards. Taxes. While both Abu ...
Solicitor Uses Clients Money On Overseas Property
2007-10-23 00:58:00 Dublin Solicitor Michael Lynn was brought before the High Court in Ireland on charges that he used clients money to purchase overseas property and draw down some €26 million in loans, according to news reports. Mr. Lynn was the solicitor for Proper T Capel and Kendar Holdings Ltd. and owned over 100 properties, with some 40 in Slovakia, Bulgaria, China, Spain, England and Dubai.
Overseas Property finders
2007-10-15 14:38:00 Overseas Property finders Gatehouse International based in the UK specialise in homes for sale in emerging markets within already established and stable countries. From Overseas offices in locations such as Mojacar, Almeria and Loule Portugal the group promotes ideal investment property including apartments on the golf in course in Murcia Spain for only £61,000 and beachfront ...
By: Pieces of Me
Overseas Property finders
2007-10-15 13:40:00 Overseas Property finders Gatehouse International based in the UK specialise in homes for sale in emerging markets within already established and stable countries. From Overseas offices in locations such as Mojacar, Almeria and Loule Portugal the group promotes ideal investment property including apartments on the golf in course in Murcia Spain for only £61,000 and beachfront ...
By: Pabaon Sports
World's Largest Overseas Property Exhibition 'A Place in the Sun Live'
2007-09-26 08:32:00 Being billed as the world's largest overseas property exhibition ‘A Place in the Sun Live’ in association with Moneycorp is taking place in the UK at Birmingham NEC on Friday 28th to Sunday 30th September 2007
Award Winning Estate Agency Insists That Overseas Property is Checked
2007-09-18 23:27:00 Hunters Property Group whose credentials include winning the prestigious Sunday Times SME top 100 companies to work for awards is one of the first UK estate agencies to adopt International Developers Information Packs or IDIP. Hunters Property Group will now have all off plan overseas developments that they promote undergo the legal health checks before they reach their clients
Overseas Property Buyers Go Further says Moneycorp
2007-09-17 08:25:00 With its beautiful sun-soaked beaches, the island paradise of Cape Verde is a good place to consider buying overseas property. Like many property hot spots Cape Verde is further a field than traditional locations. Cape Verde has seen a dramatic rise in popularity over the last few years. Thanks in part to new air routes and the fantastic publicity the country has received, Cape Verde property enquiries have increased a staggering ten times over since 2004. Property enquiries to TOPA International Estate Agents spiked by 50 per cent last September and October
A New Study on Overseas Property Rental Income
2007-09-16 20:29:00 A Globalpropertyguide.com study shows that Buy-to-let income tax rates are high in some foreign countries, but in others, rental income is completely tax free. Switzerland imposes the highest taxes on rental income of non-resident landlords, according to a study on the tax situation in more than 90 countries around the world. The study has been conducted by Global Property Guide with contributions from leading accounting firms in each country. |
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