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Investment property abroad

French property a "strong favourite" for investors

Overseas property investors are continuing to invest in France, owing to the options for return that it offers, it has been claimedFrench property has been a regular choice for investors for a long time, according to the Independent, and continues to be despite new and emerging markets.Property sectors in eastern Europe are gradually achieving a higher profile in the eyes of investors, while areas such as...

New Zealand property gaining value

Overseas property investors who have bought homes in Auckland, New Zealand, will have seen a gain on their outlay last month, with the average price of a home increasing to NZ$487,229 (£159,272).Figures from real estate company Barfoot & Thompson show that this is an increase of 3.3 per cent compared to June, as well as being the highest average price recorded in 2006 and the second highest the...

French property set for boost

Investors in French property are set to see a positive return on their investment, following an announcement that the country's economy is headed for strong growth this year.Finance minister Thierry Breton told journalists that the French economy is currently performing to expectations.Mr Breton said that the figures for the second quarter of 2006, which will be released on August 11th, are expected to...

Mexican property market benefiting from investment

The Mexican property market is gaining an advantage from the amount of inward investment coming into the country, according to a new report.Some $11.6 billion (£6.15 billion) of private investment in the country's tourism sector has led to the property market in the country gaining a lot more exposure to overseas investors.The latest Sectur report on the topic found that the central American...

Foreign investors could look elsewhere as Italy's taxes rise

International investors could look to the traditional locations in Europe of Spain and France and turn their back on the Italian property market.The government is reported to be ready to push through a proposal that would see the rate of real estate deals tax rise to around six or seven per cent, much higher than the European-wide average of 3.3 per cent."This new tax puts Italy in a bad position for...

Revolving residential tower to be built in Dubai

A real estate developer in the United Arab Emirates hotspot of Dubai has revealed plans for its latest development, which could attract overseas investors.High Rise Real Estate has unveiled plans for a housing block that includes four rotating penthouses and a villa that has its own car lift.In total, 72 residential units are set to be constructed in Jumeirah Village South, at a cost of approximately $50...

Investors look to be first

A growing trend among overseas investors seems to be the desire to be the first one to invest in a new area, according to the latest reports.More and more foreign property purchases are occurring in non-traditional areas such as Egypt, South Africa and Cape Verde as people look to capitalise on cheaper property prices."It's becoming a feeding frenzy to be the first one in ," Simon Conn, managing director...

Foreign investors return to Perth

Overseas property investors are retuning to Australia and especially the region of Perth, according to the latest reports.An increased number of overseas investors from the UK have joined others from China and south-east Asia in purchasing property in the area of Western Australia (WA)."Perth's property market has been widely noticed because of its growth and, because of the resource boom, we are needing...

EU membership to boost Bulgarian investment

Bulgaria's expected membership of the EU is likely to boost the already booming property investment opportunities available in the Eastern European nation. Capital Sofia along with Bansko and the Black Sea resorts are being tipped to become even more popular with Britons looking for a sound investment. "If Bulgaria gets EU membership - widely tipped for sometime in the next three years - the city will...

New venture finalised for Bulgarian property market

A partnership has been struck which will see a number of new enterprises and investment opportunities emerging in the Bulgarian property market. Deutsche Asset Management, the global asset management arm of Deutsche Bank, and Bulgarian property developer Winslow Developments have agreed on a joint venture which will initially focus on residential developments in the country's capital Sofia. RREEF, Deutsche...