A new report has found that while property prices in one of Thailand’s most popular tourist destinations are rising, they have yet to reach their pre ‘credit crunch’ levels.  The research from property company Colliers Thailand found that the high end coastal market in Phuket is yet to return to the values seen in 2007. High end property values yet to reach 2007...

The boom in prices of property in France could be set to turn to bust with increasing numbers of experts expressing concerns about the state of the country’s property market.The International Monetary Fund and the country’s Central Bank are amongst the authoritiesconcerned about the risks posed by a huge increase in property prices.Property in France enjoying significant...

A leading Greek property expert has advocated changes in the tax regime as well as new licensing regulations in order to help the recovery of the property market in Greece. Savvas Savvaidis, President of the Hellenic Association of Realtors, told the Greek Real Estate Convention in his keynote address that the recovery of the Greek economy would not be possible without the recovery of the Greek property...

Foreign investors looking to take advantage of the weak pound will push up the prices of luxury real estate in central London by 8 per cent this year.  That’s the conclusion of new research from the international property firm Savills who reported that the average price of luxury homes costing at least £3 million rose by 9.6 per cent over the last year. Foreign buyers pushing up...

Getting a high quality, independent overseas property lawyer is essential if you’re planning to buy a property abroad this summer.  That’s the advice from the News of the World who recently published a guide for Brits looking to buy a foreign home. As well as stressing the need to identify the seller and to be realistic with your budget, finding a good quality overseas...

Continued weak demand for property in Malta is likely to prevent the market from stabilising in the short to medium term, according to a new report from the country’s Central Bank.  The Times of Malta also reports that banks are facing increased credit risks because of their large exposure to the property sector. Supply of property in Malta outstripping demand The Central...

Portugal remains a great place to snap up bargain property as new figures show that the prices in the country are continuing to fall.  The latest figures from the Royal Institution of Chartered Surveyors/Ci Portuguese Housing Market Survey show that poor demand in the country is continuing to push down house prices. Falls in prices of property in Portugal The May figures showed that Portuguese developers...

President Sarkozy re thinks property laws in France Controversial proposals that would have seen around 180,000 British expats pay an additional tax on their property in France have been scrapped by the French President, Nicolas Sarkozy.  The Daily Telegraph reports that even though the French parliament approved the law, the president chose to remove it through an amendment after protests from both...

  Real estate in Canada attracting Chinese buyers New research from a leading real estate firm has found that Vancouver is one of the leading cities in the world for Chinese investors to buy property.  Colliers International found that rich Chinese buyers are snapping up property in Canada, the UK and Australia. Property in Canada topping Chinese investor’s shopping lists Colliers...

  A leading global property firm has urged the Thai government to relax its rules on foreign property ownership in order to stimulate the country’s economy.  CB Richard Ellis believes that by allowing more foreigners to buy property in Thailand, the economy could benefit significantly. Rules should be relaxed to let more foreigners buy property in Thailand In a new report, the company...