Property prices on the island of Malta have begun to recover after some difficult years, a new survey from the Central Bank has reported.  Advertised property prices rose by 1.5 per cent in the third quarter of 2010, on the back of a 0.5 per cent increase during the previous quarter, according to the Bank’s official figures. Property prices in Malta on the up The Times of Malta reports that...

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Ongoing legislation designed to tackle Cyprus’ Title Deed issues and to restore foreign faith in property investment is being held up by Parliament, according to a senior Cypriot minister.   Cyprus’ Interior Minister Neoclis Sylikiotis told reporters that “Before thousands of citizens I am accusing some MPs of trying to thwart the reforms envisaged by the...

Homesgofast.com have warned overseas property buyers that Exchange rates are volatile following the UK Bank of England minutes, budget & dire retail sales figures from the UK. “Small fluctuations in exchange rates can make purchasing a property abroad more expensive by thousands of pounds” States Nick Marr director of the international real estate portal. More uncertainty in...

International real estate portal Homesgofast.com is promoting studios and apartments aimed at IstanbulUniversity students. The portal which has been online since 2003 believe this to be the first time they have seen buy to let apartments aimed at international investors which serve Turkish universities   According to the Homesgofast.com Istanbul is a favoured city whilst other European markets battle with...

Thailand’s major property firms have announced dozens of new building projects for 2011 after reporting increased profits for 2010.  Despite rising interest rates and the end of some tax incentives last year, several major Thai property companies reported excellent profits and have announced lots of exciting new developments for investors looking to buy property in Thailand. Profits up in...

Property prices in Portugal continued to fall in early 2011 offering potential investors a great opportunity to snap up cut price real estate in the country. The Royal Institution of Chartered Surveyors (RICS)/CI Portuguese Housing Market Survey for January 2011 showed that prices fell over the month, mainly due to weakening demand. Property prices continuing to become cheaper in Portugal RICS senior...

The Dollar Index, which measures the Dollar against its other major currency counterparts, has fallen to a fifteen month low.   The Euro has reached four and a half month highs on the US currency whilst Sterling has reached its highest levels since January 2010.   This broad downwards pressure on the Dollar has suggested to some analysts that the its safe-haven status has all but vanished of late. A...

Recent figures showed that it has been a slow start to 2011 in one of India’s major cities.  Property sales in Mumbai fell in February for the second consecutive month with buyers uncertain about buying after sharp price rises and recent interest rate increases. Sales in Mumbai down in early 2011 According to a report by Prabhudas Lilladher, sales registrations in Mumbai are down 22 per...

Sterling has dropped sharply over the weekend against the Euro but moved in the opposite direction on the US Dollar gaining in strength. This matches the weekly trend with the Pound now 0.99 percent lower on the Euro and 0.96 percent higher on the US Dollar than a week ago. The economic impact of the Japanese earthquake and following intervention by the G7 to weaken the currency is being closely watched...