Many Brits choose to buy an overseas property to find a better climate or better lifestyle. And now, a new survey from the organisers of The France Show 2011 has found that increasing numbers of Brits are searching for property in France with a view to emigrating on a permanent basis. Brits looking to buy property in France According to the research, there has been a 60 per cent increase in the number of...
Whilst experts are not in agreement as to whether Spanish property prices have reached the bottom of the cycle, there are certainly a great number of bargains to be snapped in Spain. One such way of grabbing a real bargain is to consider a ‘distressed sale’. Distressed Spanish sales at record levels A ‘distressed sale’ is where a property is sold because a bank or other lender has repossessed...
Cyprus has experienced its fair share of property problems over recent years. However, as the island nation attempts to recover from the global economic downturn, developers are wooing rich investors to the island to buy some stunning, luxury property. The island is targeting the high end market by creating some superb luxury Cypriot resorts, perfect for the discerning visitor. The stunning Akamas...
1st November 2010-This week we have interest rate decisions & monetary policy decisions in the UK, Eurozone, USA and Australia. As the various policies of interest rate changes, austerity measures and quantitative easing are revealed, which are variously being touted in the US, UK and Europe, we are likely to see some volatility in exchange rates through the week.Pound boosted by GDP Last week’s...
One of the UK's most established private house sales websites in the UK www.TheLittleHouseCompany.co.uk has become the most successful online estate agent according to a report published at industry website Estate Agent Today.The report undertook a comparison of online agents, looking at their prices, services, year established and the quality and popularity of their websites.The quality of each online...
If you are looking for a place to buy a foreign home, there are few better places from which to take your advice than the Financial Times. And now, the FT has identified Brazil and Florida as two of the best places in the world to consider buying an overseas home. The FT reports: “While recent research from Knight Frank has found that wealthy buyers across the globe are planning to invest more in...
Brazils food water and energy are being ignored by overseas property investors as a real factor for buying real estate in BRAZIL. Industry expert Nicholas Marr states that the majority of real agents and property developers concentrate on the wrong reasons to buy into the Brazilin housing market. Director of the Overseas Property portal Homesgofast.com Nicholas Marr “ I often read newsletters aimed...
27/10/10 New figures show that the total number of ‘distressed property sales’ – where a lender has stepped in to forcibly sell a property – have reached record levels. This has led a leading property expert to comment that America offers some ‘stunning deals’ to UK buyers at the present time. Foreclosures reach record level September saw American lenders foreclose on a record number of...
25/10/10 Last week’s Bank of England Minutes revealed a 3-way split in the monetary policy committee's views on interest rates and quantitative easing.While 7 of the 9 members voted for no change, one (Andrew Sentance) voted again for an interest rate rise, while one (Adam Posen) voted for a £50bn extension to QE.Any extensions to QE are likely to hurt sterling and it now seems plausible that this will...
One of the main ways in which Cyprus is hoping to attract increasing numbers of overseas property buyers is by improving the country’s golf facilities. In much the same way as the quality of golf centres on the Algarve attract millions of visitors; Cyprus is hoping to take an increasing share of the golfing market. Now, a brand new golf centre has been opened on the island by none other than English...