A Spanish judge has deemed a bank responsible for protecting a client's funds, the ruling see Caja Cantabria, as having failed in its duty and ordered them to issue a full refund of both deposit and stage payments to a Spanish property buyer Daren Wallbank, Director of ReclaimYourDeposit.com, comments, "Although bank guarantees were seen as the ultimate in security by Spanish property investors, we've...
Over the past two weeks, the Pound has moved up from the 1.16 levels against the Euro, first reaching the 1.20s and then faltering again at the end of last week to find itself at around the mid 1.19s at the start of this week. For anyone UK-based buying property in Europe, a change has occurred in the cost price to the property of around 4 percent over the past two weeks, purely through the...
Cuba has made a huge step which could see international real estate investors owning a little piece of Cuba. The Cuban government has approved a law allowing foreign investors to lease land for up to 99 years. The move was made way back in October 2010 but has gone largely unnoticed. Cuba is going through some huge changes many it seems being prompted by its struggles to fully employ its people. In...
The Hollywood Hills is home to numerous celebrities including Orlando Bloom who recently put his home up for rent at a cool $18,000 per month. The 33 actor who rose to fame after performances in ââ¬ÅPirates of the Caribbean" and "The Lord of the Rings" lived in the home with his Australian borne wife Miranda Kerr Hollywood Hills is as an affluent...
Overseas property investors considering buying property in India will be heartened by the results based on a survey of 280 international real estate professionals. The survey undertaken by PricewaterhouseCoopers India (PwC) and the Urban Land Institute (ULI) gave India a firm thumbs up for investors with Mumbai and New Delhi showing great potential. In fact Mumbai and New Delhi have emerged among the top...
Florida house prices will bottom out and international real estate buyers could serve to boost the Florida housing market in 2011 according to experts CEO of Orlando-based Stirling Sotheby's International Realty, Roger SoderstromThe real estate market, especially well-established markets in all price ranges including luxury homes, second homes and vacation homes, has likely hit bottom and there's...
The housing market in Barbados is showing remarkable resilience driven by overseas buyers determined to be a part of the Bajan property market. House prices have seen a reduction of an estimated 15% however property experts predict that 2011 may see strengthening prices. The Island largest overseas buyers come from the UK and it appears that the severe winter has made the Caribbean destination even more...
The Pound hit a four month high against the Euro but has experienced a mixed twenty-four hours against the Dollar. It lost some ground due to poor house price figures yesterday, followed by a very cautious outlook report from the British Chamber of Commerce today that has estimated slowing growth in the fourth quarter of 2010. The British Chamber of Commerce estimates that the economy expanded by 0.4-0.5...
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Falling house prices and the way Australians buy and sell property could be the feature of the Australian housing market for 2011 according experts and new statistics. Australian property prices dropped by 0.2% in November after the Reserve Bank of Australia (RBA) decided to raise interest rates. The Australian property market has seen steady house price gains as demand increased from immigrants and...