One of the less-celebrated effects of football transfers is the need for the player to find new housing. Even if a player is moving across town, it still can often be uncomfortable or impracticable for the player to live in his old home. Despite boss Jose Mourinhoââ¬â¢s insistence that Michael Ballack will not have to move home, rumors are rampant that he will have to get packing. Ballacks...
A Globalpropertyguide.com study shows that Buy-to-let income tax rates are high in some foreign countries, but in others, rental income is completely tax free. Switzerland imposes the highest taxes on rental income of non-resident landlords, according to a study on the tax situation in more than 90 countries around the world. The study has been conducted by Global Property Guide with contributions from...
The German capital city of Berlin offers the international real estate investor a lot of opportunities, as prices are low but look to rise in the coming years. The market in Germany overall has been down for the past several years, but many analysts and investors believe things are on their way up and now is a good time to invest in property, particularly in Berlin. While unemployment remains high, the...
With property values soaring in the Ukrainian capital city of Kiev, many potential buyers are being forced to rent. This has provided a good opportunity for investors in rental properties, and has also helped to expand the traditional Kiev market further out from the city centre. Ukrainian Carpathian Mountains now feature Ukraine’s first off plan Ski resort all signs of a booming Ukraine real estate...
The northwest Russian city of St. Petersburg has always been a favorite for tourists and travelers, with its elegant old buildings and spectacular sights, such as the HermitageMuseum. Now, though, it is becoming an increasingly popular place for international real estate investors. With the economy of Russia on the rise and a growing number of people interested in buying and renting, the market for...
The Dollar had another uncomfortable week. Its losses were due almost entirely to two bad economic data, each of which cost it an almost instant cent. Having been lulled into a false sense of security by Monday's Labour Day holiday and a softer but adequate services sector PMI on Tuesday the Dollar took its first smack in the teeth on Wednesday from news that Pending Home Sales had fallen by 12 per cent in...
A new resort is being developed in one of the most pristine beachfront areas of Brazil, a country with plenty of natural resources. The Riviera Canoa Quebrada Resort is 86 hectares of prime beach front property that has 280 lots next to and near the sea in what has been called the Pearl of Northeast Brazil. This resort is a prime target of international real estate investors and the properties are selling...
UK property industry executives from PropertyFinder.com, Savills Finance, Smart New Homes, and Knight Frank all comment on the recent turmoil in UK mortgages and bank rates. Yesterday saw The Bank of England's monetary policy committee (MPC) giving borrowers some respite by deciding to keep the official rate of interest paid on bank reserves unchanged at 5.75 per cent. PropertyFinder.com "Borrowers will...
Traditionally the summer months see a slow down in overseas property purchases and traffic reduces on many overseas property websites. The autumn is around the corner and a new upsurge in the booming overseas property market is predicted in the coming weeks. New research from Moneycorp, the UK’s based foreign exchange specialist, reveals that the number of people buying abroad rises by as much as 26...
Buying property in Dubai will become more regulated and even safer for investors because of a new regulation that restricts how developers finance their Dubai building projects. The newly created Estate Regulatory Agency has designed the new law which will come into effect later this year. Dubai developers will no longer be able to use property investor’s money to guarantee loans for future projects....