On the southern part of Turkey, jutting into the Mediterranean Sea on a peninsula is the small town of Kas. It is far from the crowded resorts and huge beaches that draw most of Turkey’s international tourists, but it is well known among a small, but growing group of international travelers and real estate investors. Nestled about halfway between the international airports - and popular resort...
Seaside life has always been popular, both for vacationers and those who want to live there year round. New research shows just how much Britons are willing to pay extra to live by the sea – over £5,000. A survey by Halifax Estate Agents, as reported by the BBC (http://news.bbc.co.uk) indicates that the average home in a town along the coast costs about 3%, or £5,298, more than a home inland in the...
Housing prices across the UK continue to show gains, with London topping the list. According to a research report just reported in financial website This is Money (www.thisismoney.co.uk), prices in London are up over 15% for the past year. Prices in the South-West have risen over 10%, while the South-East lags behind but still show significant gains at 8.6% rise in prices for the year. Average prices in...
A combination of the steadily rising student population and a decline in landlords investing in the UK House in Multiple Occupation (HMO) could mean it is just the time to get into the HMO Buy to let market in the UK. The multi tenanted houses which are legally defined as "houses which are occupied by persons who do not form a single household" are in decline. Last year saw significant number of...
A Place in the Sun live exhibition in association with Moneycorp has revamped its seminar programme to include overseas property experts and TV personalities. The 72 free seminars taking place at the exhibition on 28th -30th September at NEC Birmingham will be hosted by Amanda Lamb (A Place in the Sun) , Phil Spencer (Location Location Location) Andrew Winter Selling Houses , Peter Conradi (The Sunday...
Two German nationals are the proud owners of a brand new Aston Martin Car after purchasing property from Dubai's largest private property developer Damac Properties. The draw is part of celebrations at the Dubai Shopping Festival’ and Dubai Summer Surprises (DSS). Sven M. Reinicke and Alexander Gurny who appear to be very keen investors in Dubai real estate purchased properties in Park Towers, The...
Moneycorp the foreign currency specialist report that he Dollar slammed the hammer down last Monday leaving Sterling and almost everything else eating its dust. Starting out from $2.02 Sterling had fallen to below $1.97 by Friday morning. Almost a three cent bounce was promptly followed by a two cent fall and Sterling opened this week just above $1.98.As the US sub-prime securitised mortgage fiasco worked...
Selling property privately appears to be a bit of a mystery according to the UK based For Sale By Owner website at FSBO.org.uk. The non profit website estimates only 10% of sellers in the UK decide to sell their homes privately. The website believes that this is not because of choice but more owing to a lack of knowledge about selling UK property without an estate agent. FSBO.org.uk is a not-for-profit...
UK based Homewise who provide property related retirement solutions reveal the results of a survey aimed at the over sixties. The company conducted an online survey of 1,200 over-60s in a bid to identify the main reason why those at retirement age move home. The survey showed that there are a number of factors that drive a decision to move house during retirement. 29% of respondents stated wanting to...
While the rest of the United States real estate market is in a bit of a slump, the New York City residential market is still solid. In a recent survey reported in New York real estate magazine The Real Deal (www.therealdeal.net) sales are up for the second quarter and prices have increased from the beginning of the year. According to a report from appraisal firm Miller Samuel, as noted in The Real...