Moneycorp the foreign currency specialists report that house prices influenced Sterling yet again. This time is was the Halifax reporting a 2.5 per cent fall between February and March. Like the Nationwide two week ago, HBOS referred to the massive rise in house prices over the last ten years; 171 per cent they reckon. Also in common with Nationwide, HBOS omitted to expand on that observation. They...
A report examining the effects Rent control in the Middle East has concluded that such measures are generally harmful for property investors. In December 2007 Dubai’s government toughened up its 2005 Rent Law and reduced the maximum 2008 rent increase to only 5%. Abu Dhabi has likewise capped 2008 rent hikes at only 5%. In neighbouring Qatar, a rent freeze has been implemented while the...
12/04/08 A powerful new force in real estate marketing has emerged with the news that India has its first 24x7 channel dedicated to the world of real estate. The channel is now available in all metros and major cities across the country. The new TV channel will provide viewers up to date information on all aspects of the property market. Among the major distribution platforms, Real Estate Television...
12/04/08-A Spanish legal firm has highlighted the fact that thousands of former Spanish property owners may have paid too much tax when selling their Spanish property. The stunning revelation indicates that they government discriminated between Non Spanish property sellers and Spanish sellers in its taxation policies. This claim could mean British property owners may be owed literally thousands in over...
THE BRITISH HOMES GROUP Florida, who provide sales and loans advice to UK property owners in Florida, is giving away a luxury family holiday as part of a package of incentives to encourage UK buyers to consider a LENNAR HOME. Lennar Homes is the third largest developer in the USA and Florida’s leading developer in 2007. The free family holiday, worth up to $7,500, includes: Limousine rides...
The Daily Mail and P&0 Ferries aim to make one lucky person the owner of a stunning French cottage located in Brittany. The desirable French home is a prize in a draw aimed at Daily Mail readers and is sure to be popular amongst its readers. Despite the rise in popularity of emerging markets such as Bulgaria and Dubai, France still remains the second most popular country to buy a home overseas for...
International real estate buyers have been encouraged to examine the case for buying property in the Go Zone by the head of overseas property portal Homesgofast.com. Following Hurricanes Katrina and Rita in 2005, the US Congress passed the Gulf Opportunity Zone Act, or GO Zone Act. The Act provides special tax incentives to spur rebuilding in the hurricane-damaged areas of Mississippi, Louisiana and...
One of the newest resorts in the Caribbean has recently opened on Saint Lucia. This beautiful island located in the Lesser Antilles chain has great weather, beaches and something for everyone. The Landings is a new development on the very northwest tip of the island that is located on 19 acres of prime beachfront property. International real estate investors will find this location to be ideal, and the...
A recent report by News.com.au gives an insight into the mind set of Australian home sellers trying to sell their properties. It highlights the fact that 130 properties were listed on eBay's Australian site last week, including several multi-million dollar homes in Sydney and New South Wales Australian home owners opting to sell property themselves would save thousands in commission. It seems that...
Middle East property developer Damac properties are offering investors an unusual deal involving their Saudi Arabian project Al Jawharah residential Tower. Buyers will receive a free property from another development in Egypt when they purchase selected apartments. The generous incentive centres around the off plan development Al Jawharah . The flag ship project is a 40 storey luxury apartment...