Recent figures have shown that Scandinavia, Hong Kong, Australia and Malaysia saw the most significant decrease in distressed property for sale over the last quarter.  While countries such as the USA, South Africa, Spain and Ireland saw the largest increase in the number of distressed properties for sale, Malaysia was amongst the best performing countries. Fall in distressed property in Malaysia Property...

Canadians were the leading overseas buyers of property in the USA in the last year, buying almost a quarter of all properties sold to foreigners.  Figures from the US National Association of Realtors found that Brits were the third most likely nationality to buy property in America, with seven per cent of all US property sales going to UK buyers. Canadians account for 23 per cent of foreign buyers in...

The overriding reason that Brits buy foreign property is to use it as a holiday home.  That’s the result of new research from a leading currency exchange who found that most people buying property in Cyprus, France, Spain and other European countries were doing so in order to benefit from it themselves. Nearly half of Brits buy overseas property as a holiday home The recent study from Smart...

The April figures from the Royal Institution of Chartered Surveyors and Confidencial Imobiliário (CI) show that confidence in the Portugal property market continues to fall, negatively affecting prices in the country. Whilst house prices fell again in April, there were some regional variations with some areas showing a better performance than others. The national confidence index declined by two...

Taransay beach Luxury property does not come grander than this the opportunity to own your very own island off the coast of Scotland.The outstandingly beautiful island of Taransay, made famous as the setting for the television series Castaway, is shortly coming to the market through the Inverness office of leading Scottish property consultants CKD Galbraith. Located in an exceptional setting in the Outer...

Jose Luis Garcia Maseda (photo theolivepress.es) A Spanish property lawyer accused of defrauding up to 200 expatriate clients is facing justice in the Mediterranean country.  Jose Luis Garcia Maseda, 69, is being questioned by police alongside eleven associates over an alleged fraud that resulted in millions of Euros being taken from a large number of clients, many of whom are British. The case...

One of Hollywood’s leading A-list couples, Russell Brand and Katy Perry, have decided to sell their luxury home in Los Angeles.  The couple are rumoured to be moving to their New York apartment in order to spend more time together. The stunning American property is on the market for just over $3 million. Brand’s luxury property for sale Having lived in the luxury property...

French real estate prices are going up and experts differ on the reason why property in France has become more expensive. Contrary to the Centre for Strategic Analysis, the French Institute for Statistics says the price rise is down to the lack of accommodation and not down to speculation.On Tuesday the general manager of the INSEE, Jean-Philippe Cotis explained that the surge in housing prices in France...

The property market in Thailand is failing to attract the same proportion of foreign buyers as other Asian countries thanks in part to a 20 year old law in the country.  Overseas buyers account for just one fifth of transactions in Bangkok’s business district – low by regional standards. Whilst the fall in the number of foreigners buying property in Thailand can partly be...

Central London has always been an attractive destination for wealthy overseas property investors with buyers mainly coming from Russia and the Middle East. According to independent global property consultants Knight Frank all has now changed with a new trend of buyers coming from Asia   New Knight Frank research shows just under 60% of new-build property sold in central London in the last six months...