Overseas Property investors may be surprised to learn that one nation that has managed to weather the global financial crisis rather well comes in the form of a  Western Balkan nation that is Albania  The proof that Albanian property could be a great deal came and is leading the way in the region's economic recovery when the EC Economic and Financial Affairs Department's 'Candidate and Pre-Accession...

New figures show that there was an increase in the number of property sales in Spain in 2010 with buyers spending more on homes than they did in the previous year.  Whilst the report suggested a positive attitude towards the Spanish property market heading into 2011, other data has shown that property prices in Spain fell in the first quarter of this year for the tenth consecutive period. Spanish property...

Despite a stabilising economy and buyers taking advantage of low property prices in the country, house prices in Cyprus showed a ‘disappointing’ fall in the fourth quarter of 2010.  The Royal Institute of Chartered Surveyors (RICS) Cyprus Property Price Index found that values of both houses and apartments fell slightly at the end of last year. Small price falls despite...

After escaping largely unharmed from the global financial crisis, Australian property prices have boomed over the last couple of years.  However, there are now signs that the property market is cooling in the country, making it more affordable for overseas investors to buy property in Australia. The Sydney Morning Herald reports that ‘dramatic price growth, speculation and wild expectations...

Real estate  prices in Canada are rising to unsustainable levels as household budgets are increasingly stretched.  That is the view of a leading Canadian economist who believes that property prices in the country may have to fall significantly over the next three years as debt levels rise. Low interest rates pushing up property prices Property prices in Canada have been rising as low interest rates...

Substantial growth in all 12 branches of a leading Maltese real estate agent points to 2011 being a good year for the property market in Malta.  Joseph Lupi, managing director of Frank Salt Real Estate believes that whilst 2010 saw the recovery in the property market begin, 2011 is set to be even better. British buyers again interested in purchasing property in Malta The company saw substantial growth in...

A leading property services company believes that property prices in the Penang, Johor and KlangValley areas of Malaysia will grow by 10 to 15 per cent in 2011.  Whilst this is a great level of growth, these figures are, surprisingly, even lower than some initial forecasts. Growth in property values set to be 10 to 15 per cent National news agency Bernama reported that Foo Gee Jen, managing director of...

‘After years of gentle decline and sometimes sharp falls, the French housing market appears to be picking up.’  That’s the conclusion of the Guardian who reports that increasing numbers of international buyers are returning to the popular destination. Average property price increases in 2010 as buyers return Graham Downie, who runs Cognac Property in western...

A leading economist believes that property prices in New Zealand may have fallen as far as they will go and that that they could begin to recover in 2011. This comes after figures show that asking prices in New Zealand rose 1 per cent between February and March 2011. Prices set to rise by 3 per cent in 2011 Chris Tennent-Brown, economist at ASB Institutional believes that property prices in New Zealand are...

Fewer investors are buying off-plan apartments at discounted prices before selling them for a profit some months later.  That’s the conclusion of a new report from a leading property firm who believe that Mumbai is now seeing a buyer’s not a seller’s market. Developers taking longer to sell property in India The Times of India states that...