UK pensioners' preference for living in certain areas has led to the creation of a new raft of property hotspots, according to a new report. Research carried up by the Alliance Trust Research Centre group of investment companies shows that almost a fifth (20 per cent) of the population is now retired. However, this proportion is significantly lower in large cities, with just 11 per cent of people retired...
Buy property overseas
Property developer Intrawest has won the Best French Apartment award at the annual Homes Overseas Awards for its Arc 1950 village development. The developer's first property development in France, the ski-focused village also walked away with the title of Best Ski Development. Arc 1950 Le Village was first launched in 2003, with eight phases sold to date, including the most recent Chalet des Lys. The...
Qatar-based Barwa Real Estate Company has agreed to purchase a plot of land for its landmark Al Khor Resort project. The resort will offer people looking to buy property overseas with a range of options, including residential apartments, bungalows and beach chalets. The completed resort will also boast hotels, a marina and leisure and sports facilities including an 18-hole golf course. The site for the...
Malta's property sector is flourishing on the island under double digit inflation for house prices, tempting investors to its shores. Figures from the European Mortgage Federation give prices of 18 per cent on the Mediterranean island, beating other EU countries including the traditional strong-markets of France and Spain. Property experts on the island have reported a good first quarter for sales that...