There are many factors that contribute to a good property market. Demand for homes, economic growth and good rental yields are examples, but having a stable government can really reassure foreign property buyers that a nation is a good place to invest. Turkey has been making great strides in recent years to make its legal system and economy much more appealing to foreign buyers. As it moves towards...
Are you considering buying in Spain? If you are, recent comments from Spain’s Prime Minister have suggested that the time to buy is now. However, conflicting information in a report from Basico Homes has cast doubt on whether Spain’s property prices have bottomed out. Economic crisis in Spain ‘is over’ Speaking on the American television station CNBC, Spain’s Prime Minister Jose Luis Rodriguez...
Are you considering buying a property in Portugal? If so, the Algarve is one of the most popular destinations. Whilst many people seek out a property near the resort of Albufeira, the charming town of Portimao offers a lovely combination of local life and modern facilities. Here are four reasons to consider buying in Portimao. Climate Portimao has a terrific Mediterranean climate. Averaging over 20...
Are you considering buying in Spain? If you are, recent comments from Spain’s Prime Minister have suggested that the time to buy is now. However, conflicting information in a report from Basico Homes has cast doubt on whether Spain’s property prices have bottomed out. Economic crisis in Spain ‘is over’ Speaking on the American television station CNBC, Spain’s Prime Minister Jose Luis Rodriguez...
The property market in Cyprus has been tough over the last couple of years. The global economic crisis has hit property prices and sales whilst some well publicised problems with title deed legislation have negatively affected overseas interest in Cyprus property. Estate agents have been redoubling their efforts to attract overseas investors to Cypriot Property , although new figures show that they have...
Last week’s collapse of Crown Currency Exchange was terrible news for their customers; at Currency Index we had long been suspicious about their practices and in fact had reported them to the authorities several times over the last 18 months. Unfortunately, Crown were only registered with the FSA as a “Small Payment Institution”, and so were not fully regulated. We would like to remind clients...
If youââ¬â¢re having problems finding the perfect Turkish holiday home, then why not consider building one yourself. Thatââ¬â¢s the new advice to buyers looking for their ideal Turkish holiday home as more and more Brits seek to buy in the booming country. In locations such as the Turkish Mediterranean and Aegean costs, more and more Brits are custom building their holiday...
Crown Currency Exchange (CCE), a provider of cash currency exchange services, has gone into Administration after its bank accounts were frozen by Barclays over the weekend. It is unclear whether clients will lose any money, but the Administrators have pointed out that it will be some time before any funds are returned to clients who had money lodged with the firm. CCE offered exchange rates which...
Falling property prices, a poor exchange rate and negative news stories about the Spanish economy have all contributed to a fall in Spanish property sales to Brits over the last couple of years. However, new statistics from a British developer in Spain show that British home buyers are returning to the country in large numbers to snap up properties at reduced prices. Spanish property enquiries up 80% The...