The foreclosure market in the United States continues to grow, with recent data showing a significant increase in foreclosure activity. States like California are responding with new legal protections for borrowers, while opportunities for buyers and investors in foreclosure properties expand. Foreclosure Rates on the Rise According to the October 2024 Foreclosure Market Report by ATTOM, the U.S....

A Place in the Sun, the UK’s leading overseas property media brand, has addressed the Spanish government's recent proposal to impose a 100% property tax on non-EU buyers. This initiative aims to curb foreign investment in Spanish real estate, particularly affecting British buyers. Understanding the Proposal Spanish Prime Minister Pedro Sánchez has announced plans to significantly increase taxes on...

Spain is set to introduce a tax of up to 100% on properties purchased by non-residents from countries outside the EU, including the UK. Prime Minister Pedro Sánchez announced the proposal, calling it an "unprecedented" measure to address Spain's housing crisis. Speaking at an economic forum in Madrid, Sánchez stressed the need to avoid a societal divide between "rich landlords and poor tenants." He...

As one of Central America’s most captivating destinations, Costa Rica continues to draw the attention of overseas buyers looking for investment opportunities and second homes. Known for its breathtaking landscapes, rich biodiversity, and welcoming culture, Costa Rica's real estate market has seen notable changes in recent years. This article explores the latest trends, opportunities, and challenges...

The National Exhibition Centre (NEC) in Birmingham UK, will welcome "A Place in the Sun Live," taking place on 20th to 24th September 2024. The exhibition inspired by the popular Channel 4 TV show, aimed at assisting attendees in finding and purchasing overseas properties. The event will take place at Pendigo Way, Marston Green, bringing together potential buyers with international real estate...

The Spanish real estate market continues to show robust growth in 2023, with significant interest in both coastal and urban properties. Recent trends indicate a rise in prices, particularly in luxury segments and popular tourist destinations. Estepona: Flourishing on the Costa del Sol Estepona is witnessing a steady increase in property values, with average prices for beachfront condos starting at...

The real estate market in Managua, Nicaragua, is evolving rapidly, offering both challenges and opportunities for investors. Recent trends indicate a shift in demand, particularly for modern office spaces, which are increasingly being sought after in upscale areas such as Bolonia, Las Colinas, and Santo Domingo. This shift has led to a significant migration from older residential properties to new, more...

Sicily, Italy — Sicily, the largest island in the Mediterranean, is experiencing a surge in real estate interest, driven by its rich history, stunning landscapes, and relatively affordable property options. As both domestic and international buyers flock to the island, understanding its political status, government structure, and economic landscape is crucial for potential...

Bogotá, Medellín, and Cartagena See Notable Trends Amidst Economic Shifts Bogotá The capital city continues to be a hotspot for real estate investment, with a noticeable rise in demand for residential properties in the northern and western districts. This surge is driven by a combination of increasing urbanization and infrastructure improvements, including the expansion of the TransMilenio system...

In a sweeping overview of South America's real estate landscape, recent reports highlight a range of trends and challenges across the continent's key markets. From booming cities to struggling areas, the real estate sector is reflecting broader economic patterns and local nuances. Brazil São Paulo and Rio de Janeiro continue to attract high-net-worth individuals and foreign investors, particularly...