Housing market

The 2006 Worldwide Property Show has got underway in Dubai at the Grand Hyatt Hotel. Visitors to the show will be able to look at a wide range of overseas property, whether looking for a holiday home or an investment opportunity. A number of expatriates living in Dubai have already invested in the area, but they too may be looking to expand their portfolios in what is becoming a true property hotspot. The...

Asteco, the largest property services company in the United Arab Emirates (UAE), has appointed a new head of its investment agency for the Middle East region. Simon Gray is from the UK originally, but also brings management experience from positions in the Thailand, Singapore and Hong Kong property markets. His role as head of investment will involve the management of assets for VIP clients in all property...

Sunny Spain currently accounts for more than a quarter of all the second homes owned outside the UK. The latest Official Social Trends Report states that 27 per cent of British second overseas properties are located in Spain, with demand fuelled by cheap flights and Euro mortgages, according to Banco Halifax Hispania, Spain's division of the lender Halifax. New airports and routes to the country mean that...