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Exhibitions Boost Overseas Property Industry

2nd October 2009 LONDON- Today sees the doors opening to the UK’s largest overseas property event “A Place in the Sun Live”  it is billed as the UK’s only dedicated consumer overseas property exhibition, and is taking place at Birmingham’s NEC from 2nd – 4th October 2009. At the same time APITS Ltd who are behind the events announced that London’s Earls Court will be the next venue for...

Cyprus v Turkey Property Cases A Success

1st Oct 2009- The position for those seeking to buy or sell property in Northern Cyprus is becoming even more complicated with a top European human rights court ruling against Turkey in cases concerning Greek Cypriot nationals and loss of their properties in northern Cyprus. At the same time The International Crisis Group (ICG) urged Turkish Cypriot leader Mehmet Ali Talat and President Demetris...

Rightmove.Co.Uk At Overseas Property Exhibition

The UK’s leading overseas property exhibition has agreed a partnership deal with the country’s number one property website. A Place in the Sun Live is to promote its Birmingham show, taking place at the NEC from October 2nd-4th, to Rightmove’s 150,000 users actively seeking overseas properties. “A Place in the Sun Live is the perfect opportunity for buyers searching for the right overseas property...

British Airways Boost St Lucia Property Developers

New flights to St Lucia, starting this autumn from the UK, USA and Germany will provide a significant boost to tourism and are welcomed by on-island property developers. Resort developer, The Landings, a luxury development based around a private yacht harbour near Rodney Bay believes it will increase demand for holiday lettings and make second homes more accessible for owners.   British Airways are...

Florida Property Market Starting To Rise Downturn Could Be Over

House prices in Florida have seen their first monthly rise since July 2006, up 0.5% between April and May, according to Standard & Poor’s Home Price Index. The National Association of Realtors (NAR) said house sales had seen a “sustainable” gain of 3.8% over the second quarter of the year.   Florida home sales rose in July to their highest level for 2 years. Agreed sales have now risen for 6...

Barbados Property Demand From UK Buyers

The Caribbean island of Barbados has long been a popular destination for overseas property buyers, particularly those from the UK. Its property market is known as one of the best and most developed in the region, and many UK buyers have purchased holiday or retirement property on the island. It is also very popular with celebrities and the wealthy, and there are many high-priced and exclusive properties....

Manchester Home Sellers Go Private

One of the most established private sales website in the UK reports that Manchester house sellers are the websites most active sellers. The website which contains thousands of homes for sale from all over the UK identified Manchester as its latest hot spot for buyer and seller activity for June to September 09   In March this year, the company reported a 30% increase in sales compared to March 2008...

Portugal Tourism Having 3rd Best Year

Portugal is on track to have its third best year ever for tourism, according to statements from a government minister. While the worldwide economic crisis had been predicted to wreak havoc on many nation’s economies and tourism sectors, the sector has been strong so far and is predicted to finish the year in good shape. In a surprising announcement, State Secretary for Tourism Bernardo Trindade revealed...

RICS Say Liberal Million Pound Home Tax Difficult

The Liberal Party proposed taxation plans on Millionaire home owners may not be straightforward to implement according to the Royal Institute of Chartered Surveyors RICS Commenting on the Liberal Democrats announcement that they plan to levy a tax on all properties over £1 million, Chris Doyle, the Chairman of the RICS Taxation Panel says:   "Although taxes on properties over £1 million may be an...

Pound Hurts Pensioners in Spain

22/09/2009 London-The recent fall in the value of the pound against the euro is hurting UK pensioners abroad, and in particular those living in Spain. Many pensioners are already living on small incomes, and the fall in the exchange rate over the past year has hurt even more. Government estimates have some 300,000 British pensioners living in Spain, with a good number living along the popular...