The New Zealand property market has been "transformed" by the internet, according to a survey by online analysis company Nielsen Net Ratings.Significant changes have taken place in the market, the study claims, largely owing to the way in which prospective overseas property investors are now able to search for homes online.Some 86 per cent of people polled in the research said that they considered the...
Buy property overseas
A new poll has found that the lure of purchasing overseas property is steadily becoming stronger for British people, with gradually higher numbers expressing an ambition to move abroad.The survey, carried out for the BBC by ICM Research, found that the majority of the 1,000 people polled said they had considered emigrating.This is consistent with a study taken in 2003, however, the number of people hoping...
Now could be a good time to sell up for those people looking to leave the UK and invest in overseas property, the latest figures suggest.Nationwide has released data that shows that house prices in the UK rose by 0.8 per cent during July, as the summer saw house prices join temperatures on the rise.This summer is also a considerably better time to sell than the same summertime period of 2005, when house...
Land laws could see the price of Spanish properties rise by a tenth, benefiting anyone who has invested in a home there.Although the intention was to reduce prices, the Association of Spanish Property Developers (APCE) claims that the Spanish government's proposals will have the opposite effect.Under current proposals, developers must hand over between 15-20 per cent of land which has been classified for...
Dubai's new property laws are expected to be completed by the end of this year and the "last part of the equation" will be completed, according to officials. Marwan bin Ghaliti, technical administration director at Dubai's land department, said that the rights of buyers will be more firmly established, especially those relating to co-ownership. "By the end of the year we will close the chapter on real...
DSL Exhibitions has announced that its third Resale and Rental Property Show for Dubai property is to be held at the city's Crowne Plaza on September 8th and 9th. The exhibition comes at a time when individuals are expected to begin to take a stronger hold on the property market in the United Arab Emirates (UAE), the Dubai Life website reports. This development is due to the fact that previous restrictions...
Both buyers and sellers in the New Zealand property market are confident in the sector's current growth, according to a new report making it an ideal time to buy property abroad.The latest statistics released by property information company Quotable Value (QV) show that the average price of a house in New Zealand is $329,829 (£109,574) for the second quarter of 2006. This indicates a price growth...
Barclays Bank has agreed to provide mortgages for Dubai Properties' entire portfolio of development projects, including those currently under construction. Barclays will provide mortgages to homebuyers resident in Dubai, as well as those looking to buy Dubai homes or invest in overseas property. The bank will offer financing at branches in over 60 countries overall. Hashim Al Dabal, CEO of Dubai...
Brits looking for overseas property investments could see fresh opportunities in Germany as the country's economy continues to improve. Although this overseas property market is probably one to watch in the long-term, Assets News is reporting that house price increases could take it to the top of the European league by the end of the decade. The growth potential is largely due to the number of people who...
The dominance of Spain in the overseas property market has been confirmed by the property consultancy King Sturge. Drawing on residents from Britain and Germany, a survey shows Spain as coming top of the possible destinations for retiring overseas, followed by France and Italy, also appearing high up on the lists of both countries. The King Sturge Living Under the Sun survey found that over a fifth (22 per...