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...
Buy property overseas
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...
Bulgarian property has been attracting the type of property investors who may have never considered buying property abroad. Snooker star Willie Thorne is one such potential buyer , he has recently set his heart on buying a house in Bulgaria. "Mr Maximum", as he is known in the snooker world because he holds the record for maximum 147 breaks, hopes to pot a house at Lighthouse Golf Course at...
The Florida Association of Realtors recently released numbers indicating that Florida’s home sales for the year slowed significantly, when compared with figures from the year before. As the sales decreased, so have the purchase price of homes. In third quarter of 2006, Florida's housing sector continued to reflect the US national trend which is witnessing higher inventory levels of homes...
The British are not only buying overseas property for holiday homes but increasingly to enable them to leave the UK and live abroad. The UK housing market has been kind for many home owners giving them large amounts of equity to spend on a home overseas. The prospect of the UK winter and low cost airlines is also playing a part in making owning a property abroad...
Property investors are ignoring their own markets in Pakistan and Dubai in an ironic twist that has its nationals investing in each others countries Overseas property investors in Pakistan are heading to Dubai for overseas property investments and some are making some huge investments in the region. A recent overseas property exhibition in Karachi Pakistan organised by Dubai Shows Ltd...
Isla Margarita Island is a part of Venezuela and is causing a flurry of activity for overseas property investors in search of the next big thing. The almost separate entity of Venezuela is located off the north shore of the mainland of Venezuela, the island is a lush mountainous tropical Caribbean island and is often referred to as "La Isla". Overseas property buyers a range of...