16th Nov 2009- The 1st November 2009 saw the new Payment Services Regulations (PSRs) came into effect. The regulation introduces new regulations for banks and large companies that deal with consumer money transfers. It serves to protect consumers transferring money abroad and has been welcomed by one overseas property company Homesgofast.com as a “Confidence Builder” The PSRs require that non-bank...
13/11/2009 London- Britain’s who want to retire abroad may have to do so a lot older than they anticipate and those who have taken the plunge are losing money everyday from currency fluctuations. A survey found that British workers are too optimistic about the age at which they will be able to retire, with just a third conceding they will work beyond 65, a survey shows. The retirement poll...
More flights to Turkey are planned for 2010 making Turkey ebven more accesbileb for Turkish property investors and those seeking a second home in Turkey. An impressive expanded schedule of 17 flights from the UK to Turkey wuill come into place by Turkish low cost carrier Pegasus Airlines. Services planned for next year including London to Istanbul, Bodrum, Dalaman; Manchester to Antalya and Dalaman and...
Taiwan's real estate sector in Taipei may see house prices rises of 15 percent in 2010. The demand it seems will come from a domestic market, Taiwan’s property market is only made up 0.2 percent of overseas property buyers The property price prediction is more than in Singapore, Hong Kong and China, it is a result of demand and more competition among homebuyers in Taiwan’s capital, according to...
12/11/09- Overseas property buyers considering investing in Turkish real estate will be heartened by the news that the European Union economic report has predicted that Turkey will become the fastest growing country in Europe in 2010 with a 2.8 percent growth rate. Turkey also came out very well in recent Tourism statistics issued by the World Tourism Organization showing Turkish increases against a...
UK property investors had good news as signs of stability in the commercial property sector indicated stability. The Investment Property Databank index rose in August and September after almost two years of negative returns. The positive news has also resulted in the Aviva UK property fund being released to its investors after they had been unable to access their funds The Aviva UK property fund holders...
London 11/11/2009-Close ties between King Mohammed VI of Morocco and Prince Albert II of Monaco are one of the reasons why Monaco is firmly behind the promotion of a new super luxury resort in Morocco. The other reason is that Monaco based company Monte Carlo SBM are the majority share holders in the 120 million hotels and private residential complex in Menara district of Marrakech. Monte Carlo SBM...
London 10/11/09- Boxing champion David Haye and his trainer Adam Booth use the warmth of the Cypriot sun to overcome the British weather for a consistent training regime. In fact the pair love the destination so much that they both own villas in Northern Cyprus The Turkish Republic of Northern Cyprus have adopted Haye as there champion who started training in the region some 2 years ago. In the past...
A Reuters report in conjunction Jones Lang LaSalle as highlighted how real estate investment in Brazil is now one of the most desirable regions in the world for investors. The report shows that in one week Brazil has attracted global investment including companies in New York, Europe and Canada. New York-based Real estate Company GoldenTree InSite raised $500 million to invest in booming...
London 07/11/2009-The Australian property market has always been attractive to overseas property buyers but now this popularity seems to be more consistent and the buyer’s nationalities are changing. The Brisbane Times highlights the fact that overseas buyers are increasingly present at property auctions with some real estate agents reporting that the majority of their clients w John Bongiorno,...