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New Diving Hot Spot Zafarana Egypt Attracting Property Investment

The Red Sea is widely regarded as the premier diving destination in the world offering value for money, reasonable travel times and amazing reef and wreck diving opportunities. These factors also provide the basis for a booming property market with investors, holiday makers and divers taking advantage of the sound investment potential of property on the Red Sea Riviera.   Most people are familiar with...

US Home Builders Give Huge Incentives To Buy Real Estate

New homebuilders are offering lots of incentives for potential buyers across the United States. Incentives such as free swimming pools, taxes paid and initial mortgage payments are being offered at some of the pricier new home developments, according to a news report in the Wall Street Journal and Yahoo! Incentives like these have been offered in the hardest hit areas of the US housing market for a while...

Kas Draws High End Visitors to Turkey

 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...

Halifax say British Seaside Property is Popular

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...

House Prices Continue to Rise Across England

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...

UK Buy to Let Property Market and HMOs

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 Exhibition Revamped

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...

Dubai Real Estate Buyers Win Aston Martin

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...

Foreign Currency Exchange & UK Interest Rates

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...

UK Home Owners Unaware of For Sale By Owner option

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...