The Centre for Future Studies recently found that one in eight Britons over the age of 55 still intend to settle abroad by 2012. However, it is not just the ‘traditional’ overseas destinations that are attracting British retirees.  Destinations such as Cyprus, Malaysia and Costa Rica have all become more popular in recent years, and the Daily Telegraph also recently highlighted...

After months of discussion and wrangling, the Parliament in Cyprus has finally approved a new law to help tackle the country’s well-publicised title deed problems.  The legal framework aimed at putting an end to the embarrassing problems is now complete and it is hoped that it will encourage more people to buy property in Cyprus. New law aims to shore up Cyprus property market The Immovable...

Whilst property prices in the USA have fallen over recent years, they may have to fall yet further before Americans start to buy again.  That’s the view of Douglas A. McIntyre, writing for 24/7 Wall Street. More Americans believe that property prices will fall over the next year than believe they will rise, meaning the ‘stand-off between buyers and sellers is likely to continue...

The population of Bulgaria has fallen by almost 600,000 people in the last decade whilst demand for property in the country is being led by Russian investors.  Recent census figures show an alarming population decline in many Bulgarian towns meaning the demand for property is being supported by foreign investors. Russians the leading foreign property buyers in Bulgaria Quest Bulgaria reports that 2010...

Many Brits dream of selling up and emigrating to Australia.  A warmer climate, a better standard of living and good job opportunities attract thousands of Brits every year, but is Australia now becoming too expensive for people to live in? The BBC has highlighted a number of reasons why buying property in Australia may no longer be as easy as it once was. Australia has become ‘ridiculously...

Mortgage loans that offered low initial repayments to encourage first time buyers to buy property in India have been withdrawn by the country’s largest commercial bank amid fears that the loans will result in a repeat of the US ‘sub-prime’ crisis. The State Bank of India (SBI) has been forced to withdraw these so-called ‘teaser’...

More first time buyers are climbing onto the housing ladder in New Zealand thanks to increased affordability and more intense competition between banks.  That’s the conclusion of the Roost Home Loan Affordability Report which has shown that the property market in New Zealand is picking up – in some areas. ‘Two speed housing market’ across New...

Costa Rica is now even more tempting for overseas buyers as it has recently changed the currency law to allow property transaction contracts to be written in US Dollars when the sale was negotiated in Dollars. Up until recently, transactions made in dollars had to have contracts written using the Costa Rican currency of colones International real estate buyers are often confused re conveyancing costs...

More and more Brits are taking advantage of falling property prices in Portugal and Spain to snap up bargain holiday homes.  Online searches and inquiries about property in the Iberian countries rose in March with a survey from Rightmove Overseas and foreign exchange company Moneycorp finding that the Spanish province of Valencia saw the biggest surge in home searches. Searches for property in Spain and...

Property prices in France should increase across France in 2011 with the largest gains expected in the country’s large cities.  That’s the prediction from the FNAIM, the organisation that represents French estate agents, as strong demand in the country continues to fuel property price rises. Average property value set to rise by 3-6 per cent in 2011 A strong demand for homes...