With the prospect of a double-dip recession, stagnating house prices and severe Government spending cuts, more and more Brits are considering a move abroad for a better life. And, new research has found that Brits are more mindful of the opportunities to buy an overseas home. Brits looking for a better life abroad Research recently published by Glotel showed that more than half of the UKââ¬â¢s...
Overseas property investors will shudder to hear that Al Murjan Real Estate, developer of a $3 billion housing project in the United Arab Emirates, has filed for bankruptcy. At the same time Indian buyers are taking up residential opportunities in Dubai The developer filed for insolvency in the emirate of Sharjah and two liquidators have been appointed, it was the first court-mandated bankruptcy of a...
Spanish Construction jobs down Of all the property markets in Europe, Spain has been hit as hard as any other. Prices have fallen considerably over the last three years with the number of distressed properties ââ¬â those being sold having been repossessed by banks ââ¬â hitting record levels. And, the problems in the property market have also led to huge job losses in...
New airport in Turkey will help tourism Whilst many people choose the Aegean and Mediterranean coastal resorts for their holiday homes or rental properties, there are growing numbers of British investors looking at the city of Istanbul as a place to invest. Prices in the city are significantly lower than other European cities and now it has been announced that the building of a new airport has...
Brazil features highly for travellers With a booming economy, rising house prices and huge demand for property, Brazil is one of the worldââ¬â¢s property hotspots. If you are considering buying a property in Brazil, an increase in tourist activity could also help you profit through renting your apartment or villa to supplement your income. Now, a Daily Telegraph travel writer has included...
ADIT Brazil webinar on environmental law On Thursday November 25th ADIT Brasil will be hosting the second in its series of webinars on Brazilian Real Estate. Mr Ivon Pires, partner of law firm Pires Advogados will be leading the one hour discussion on Environmental planning from 10.00 Brazil Time (midday UK time). Entitled ââ¬ÅUnderstanding Brazilian Environmental Lawââ¬Â Mr...
French property popular with British French property continues to attract British buyers as it gets easier to access many French regions. Benefitting are the French Ski Resorts and the capital Paris as British buyers look for to own a little bit of France Properties within easy reach of France's popular ski resorts have become some of the most sought after in Europe amongst British buyers according...
Spanish property sales up! With Spanish property prices having fallen significantly over recent years, there are signs that British investors are taking full advantage of the bargains on offer. New statistics show that property sales in Spain increased significantly in August and experts also believe that now is the time to buy in the beleaguered country. Spanish property sales at 27 month high Figures...
Leading overseas property portal Homesgofast.com has joined forces with the Lead Galaxy network to make one the largest overseas property networks in the world. Lead Galaxy - which has taken over day-to-day operations from Marr International - plans to maximise the number and quality of leads generated via Homesgofast.com by redeveloping the site and enhancing the advertiser packages on...
Cyprus Property Law DissatisfactionÃÂ > The Cyprus property market has endured its fair share of negative press over recent years. In much the same way as the Cyprus Stock Exchange was tarnished after its huge crash a decade ago, the reputation of Cyprus property market has suffered of late. Despite attempts to legislate against fraudulent developers and to solve some of the countrys ongoing...