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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...

Are you thinking of buying in Portugal? If so, you could face higher property taxes under austerity measures being considered by the Portuguese government. Portugal is suffering from similar debt problems to those which enveloped Greece recently and the Organisation for Economic Cooperation and Development (OECD) has urged the nation to shore up its public finances. Government should ‘be prepared to...

Many overseas investors are currently considering buying in Spain as significant falls in property prices mean there are plenty of great value properties on offer. However, a new report by the Daily Mail has found that purchasers are being stung for thousands of pounds in property taxes after the purchase has been completed. Tax on property valuations Rather than property taxes being paid on the purchase...

There are many countries in the world where investors are reluctant to buy property due to unfavourable property laws or problems with ownership or title. Recent bad press concerning title deed issues in Cyprus is one such example. However, a new report into property market transparency shows that Turkey is the most improved country when it comes to the process for buying real estate. New survey puts...

Bom Sucesso the unique resort of luxury designer homes situated at the Silver Coast in Portugal has announced the completion of another set of town houses designed by Architect Nuno Graça Moura.   Bom Sucesso is a unique resort of luxury designer homes that have been designed by over twenty of the most renowned Portuguese and international architects. Each project is special and unique providing...

Lower prices and improving economic conditions helped slow falls in Cyprus house prices in the second quarter of 2010, according to new figures from the Royal Institute of Chartered Surveyors (RICS) Cyprus property index. The index is compiled by the Cyprus office of RICS and Cypriot chartered surveyors. Local buyers returning The RICS index said, “Towards the end of the second quarter there were some...

According to Rightmove Overseas, August 2010 has proved to be an active month in the overseas property market with a 12 per cent jump in activity amongst potential purchasers. A strong pound and some good property bargains are the main reasons for an increase in interest in overseas property. And, it is Portugal which leads the charge amongst traditional overseas destinations. Overseas property buying...

Rates for sending Euro payments have fallen 4c (3%) this month so far, with the biggest drop coming last week after the Bank of England revealed that they are considering more Quantitative Easing to stimulate the UK economy. Worries over the recovery and the extent of October’s forthcoming spending review have hit the Pound against the Euro in particular. We expect rates may continue to fall in the...

Brazil is undoubtedly one of the world’s property hotspots. Many agents and property experts have identified the South American country as the place to invest, but now GlobeSt, the respected American property site, has also thrown its support to the country. “Nearly everyone involved with commercial real estate investment....says Brazil is the country to watch in the next few years,” reports the...