Spanish Property Refund Begins

Overseas property owners in Spain that sold their homes and were charged Spanish capital gains tax are now entitled to a refund which on average could amount to £13,5000. The news has led to a flood of claims which labels the Spanish authorities as acting in a decimator manner    The recent ruling by the European Court of Justice (ECJ) confirmed that those non-Spanish residents were unfairly charged...

Spanish Property Market Has a Long Way To Go

Overseas property owners living in Spain will take some comfort in the fact that official figures reveal that Spanish property prices are slowing in decline. The decline in values of Spanish property fell at a slower pace in the first quarter, dropping 4.5%.   The reality of the housing market in Spain is that the troubled market is still some way from turning positive.   Property owners in Spain have...

A New Type Of Dubai Real Estate Investor Arrives

Investing in Dubai by overseas property investors is set to return but as a Homesgofast.com executive points out it will be to a different type of international real estate investor buying in Dubai. Dubai appears to have turned the corner with UAE officials recently stating that talks on reducing the $24.8 billion Dubai debt were going well and that no more major corporate restructurings were...

House Prices Increase Under Labour

30/04/2010-Recent house price figures released by The Nationwide reveal that over the lifetime of the last Parliament (May 2005 to April 2010), house prices have risen by 6.7%.   April s figures show the first double-digit annual growth in UK house prices since June 2007. The year-on-year rate in this month s figures, however, received an additional boost from the fact that April 2009 was one of the...

Greek Housing Market An Overseas Property Opportunity?

The Greek financial crisis could make way for overseas property speculators states the director of international real estate company Homesgofast.com. The region which is ranked on par with Azerbaijan, Colombia, Panama and Romania could produce house prices well below the European average as the economy dips   The cost of borrowing for the Greek government briefly hit 38% in a stark illustration of the...

Consumers send £30.1 million to Brazil to buy Real Estate

29/04/2010- The Brazilian real opened stronger against the U.S. dollar on Wednesday 28th April leading investors to predict a central bank rate hike in interest rates to lure foreign investors to Latin America's largest economy. On the BM&FBovespa exchange the real opened at BRL1.7550 to the dollar after closing on Tuesday at BRL1.7670.   Higher interest rates in Brazil typically have the effect of...

International House Price Falls Opportunuty For Investors

23/04/10- The latest Knight Frank Global House Price Index shows good news for Hong Kong and some bad news for Dubai, Estonia and Latvia.   International real estate investors will read with interest the locations that saw overall prices around the world falling on average by 3.8%.   Three locations saw price falls by more than 40%: Estonia -40%, Dubai -42% and Latvia -50%)   Liam Bailey, head of...

Overseas Property Exhibitions Now Greener in The UK

The UK based Global Property Marketing Company Marr International has launched a new service that allows international agents and developers to manage exhibition stands in the UK whilst not leaving their own countries. The Professional Exhibition Service not only reduces agents carbon foot print but will provide professional local sales teams who train on the developers product to maximise the...

Property In Spain A Glimmer of Good News

Overseas property owners living in Spain will take some comfort in the fact that official figures reveal that Spanish property prices are slowing in decline. The decline in values of Spanish property fell at a slower pace in the first quarter, dropping 4.5%.   The reality of the housing market in Spain is that the troubled market is still some way from turning positive.   Property owners in Spain have...

French Property Law Change

French property tax law has changed and may boost French property sales that include real estate that is need of renovation.   Non-professional private individuals who are not registered for TVA will no longer be subject to TVA @ 19.6% (French equivalent of VAT in UK taxed @ 17.5%) when they sell a property which they have extensively renovated themselves (i.e. more than 70% of the construction is new),...