The winners and the losers in Global House Prices are revealed in a report by the Global Property Guide. The world’s house price boom continues in 2007, albeit at a much slower pace and with different set of countries. A dramatic slowdown has taken place in several countries in Europe. House prices in Estonia, 2005 and 2006’s star performer, rose only 5.68% y-o-y to Q1 2007, dramatically lower...
Turkey’s success in its Holiday and Tourism industry is growing and so is the interest in Turkish property, the two industries are completely linked according to overseas property portal at Homesgofast.com In recent years Turkey has become increasingly popular as a holiday and travel destination, and this has helped to make it a favourite with international real estate investors. Several reports...
Sterling kicked off from $2.0250 after a losing week and struggled a cent higher before falling all the way back. Its second attempt, which began on Wednesday, was more successful and Sterling opened this Monday just short of $2.0450.A week ago it seemed that the Dollar would be able to rise above the financial market turmoil by virtue of its status as a 'safe haven' in times of trouble. Any such hopes...
A property exhibition aimed at overseas property buyers in Holland is being planned by the UK based Richmond Green Group and Dutch Media Company Keyard. ( http://www.keyard.com/Home/default.aspx ) The exhibition called The Dutch Property Investment Show is a joint venture between the two well established media and marketing groups. The show is being billed as the only dedicated exhibition in Holland to...
Dubai has increased regulation around financing purchases of off plan property in the region. This has resulted in three of Dubai leading banks launching escrow accounts. The new regulation centres on amendments in Dubai's property law which aims to increase transparency levels within the emirate's real estate sector.ArabianBusiness.com report that HSBC, Dubai Islamic Bank (DIB) and Badr Al-Islami,...
EasyJet the low cost airline is helping overseas property buyers get to their properties in Austria and Romania with new cheap flights. From the 29 October 2007 Easyjet will be flying from London Gatwick to Bucharest from only £24.99 single including tax, and from 14 October 2007 London Gatwick to Innsbruck from only £24.99. With the Alps a snowball-throw away, you can cram plenty of fun into an...
The last two decades have been good to Latvia Real Estate with house prices constantly growing. Reports now indicate that house prices have begun to fall in the Greater Riga area – a fall of 3.5% in the month of June 2007, following a fall 1% in May 2007, according to the leading Latvian real estate agent Latio. Prices have fallen “for the first time in history”, says Latio, which if not quite...
According to the overseas property portal HomesGoFast.Com new international investors are just on the horizon for real estate in Dubai. The new wave of investors is anticipated by the portal that has seen the start of investment from regions that are more conservative in their property investments. The International real estate portal report that some earlier Dubai projects are now completing and that...
The Global Property Guide a website dedicated to in depth analysis of the worlds housing markets worldwide reports on the Asian property market . Senior Economist Prince Cruz from http://www.globalpropertyguide.com/ who is responsible for much of the analysis finds a strengthening in the Asian property market. This has been a result of strong economic growth and strong local and international demand,...
The interest in Bulgarian property has slowed since the boom of last year but there still remains a great deal of interest from overseas buyers many of which are from the UK . 'Quest Bulgaria' (http://www.questbg.com/ )which is a Bulgarian based magazine assists overseas property buyers and investors with an A – Z guide to Bulgaria’s greatest and latest hotspots. Chris Goodall, managing...