Buying an overseas property is being made more expensive by ill prepared buyers not accounting for hidden costs associated with buying a property abroad. Figures revealed in a survey conducted by currency specialists Moneycorp show that 24 per cent of buyers spent more than they had planned on hidden costs. The UK buyer has a huge appetite for overseas property and the trend is set...
Buy property overseas
Victoria Beckham and kids Brooklyn and brother Christian hit the slopes in the French ski resort of Courcheval this week having taken a break from property hunting in the US. Maybe like many British holidaymakers she is considering buying property rather than renting accommodation in French resorts . Many Brits choose to buy property in the year-round resorts of the...
On the West End of Grand Bahama Island a new international resort is being constructed by Ginn Resorts. This $4.9 billion development has been named Ginn sur Mer and will sit on nearly 2000 acres along the westernmost peninsula of the island, surrounded on both sides by the Atlantic Ocean. This resort will be the largest development ever seen on the islands and will add to the...
One of the UK's most popular documentary television programmes ‘Tonight with Trevor McDonald’ featured a documentary concerning US Visa scams where the majority of the victims were the British. The programme also bought into question the immigration policy where Brits who had bought Florida property and invested in the region where not guaranteed the right to live in the state. It...
Overseas property portal www.Homesgofast.com is working with Goldsmith Williams Overseas International lawyers to provide legal advice and conveyancing services to its thousands of visitors. Parent company Marr International, which operates a 'family' of property websites, believes that offering easy access to overseas lawyers will make buying and selling a foreign home even...
According to the Turkish Daily News the Germans have beaten the British in ownership of property in Turkey. Whilst this may be good news for Germans living in Turkey the Turkish government are now examining the effects that overseas buyers are having on the country. Turkish government representatives are re-examining the Turkish law that restricts foreign ownership. Foreign...
Antalya, long known as the capital of Mediterranean Turkey, is a favourite spot for foreigners looking to buy or rent property in Turkey. Last year over six million tourists from 160 countries visited this city on Turkey’s southern coast. It has an ideal location overlooking the Mediterranean Sea, a modern, international airport that makes it easy to get to, and a climate with over 300 days...
The New South Wales Property Council has indicated its concerns over the slowing Australian property market by proposing to the State Government that removal of stamp duty from all new homes was the best way to jumpstart the market. The Sydney Morning Herald reports that the stamp duty proposal, which is based on modelling by the economic forecaster BIS Shrapnel, would cost the...
Steady Cyprus house price increases have been putting a smile on the faces of the islands home owners and with the recent announcement by low cost airline Monarch who will be flying to the region from March 2007 means the news cannot get better. Monarch now flying to Cyprus Monarch is one of the UK's major providers of low-cost scheduled flights from London Gatwick, London Luton,...
Overseas property buyers may be changing their minds about emerging markets and look to Florida property as the US dollar continues to slide. It seems the ideal time to buy real estate in the sunshine state but is this really true? The Florida property market has always been an attractive place to buy overseas property. The attraction of Florida real estate to the overseas buyer...