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...
Dubai real estate has attracted property investors from all over the globe all hoping to get a piece of the action in what will be one of the worlds most exciting cities. Former Bay Watch star Pamela Anderson and boyfriend drummer Tommy Lee have also succumbed to investing in the region. They join the likes of David and Victoria Beckham in securing real estate in Dubai. Related news David Beckham and...
Speculation about the bubble bursting in the Dubai real estate market owing to oversupply has led to concerns by overseas property investors. In 2010 the number of homes in the region is set to double to 530,000. The commercial sector is also expanding at a rapid rate with office space set to triple, so who is going to buy all this real estate? Dubai Property Executives explain how Dubai is as good as...
The UK government is campaigning to help British overseas property buyers buy safely abroad. The Foreign and Commonwealth Office the official agency for advice and information for British Nationals Abroad is highlighting its advice in its “Know before You Go” campaign. UK Overseas property magazines and other media are seeing the FCO advertising campaign aimed at Brits who are buying real...
In the most recent data available, according to the Florida Association of Realtors (www.floridarealtors.org), home sales in the state totaled 12,607 for the month of May. That’s down 34% from last year, when there were 19,072 homes sold. The median price has also dropped from $250,100 a year ago to $237,000 this May. With the market in a bit of low spot for home sellers, now is a good time to get...