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New French Property Tax Law Helps Holiday Homes

A French property tax relief known as 'Furnished Holiday Lettings' ('FHL') has been under government scrutiny with plans to tighten up the tax rules. Finally draft legislation has been published setting out the future tax treatment of an FHL business. Owners and prospective buyers of French property may find it possible to save considerable sums of money through claiming tax relief called Capital...

Tour Operator Enters Overseas Property Sector

tour operator Mark Warner has entered the overseas property industry with a portfolio of property for sale in the Austrian Alps . The company states that it is positioning itself for the recovery of the international real estate sector. Mark Warner Property specialises in the sales and marketing of niche developments in the Austrian alps. Mark Chitty - CEO, Mark Warner. Austria has always been a popular...

Spanish Court Rule Banks Liable For Property Deposits

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...

Pound Set To Push The Euro?

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 Now Ready For Overseas Property Investors?

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...

Hollywood Celebrity Orlando Bloom Home For Rent

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 “Pirates 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...

Mumbai & Delhi Top in International Real Estate Survey

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...

Overseas Buyers to Boost Florida Real Estate

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...

Barbados Housing Market Good For International Buyers

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...

Fragile UK Housing Market Hinders The Pound

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...