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Survey Shows Investors Doubt Overseas Property Developers

  A recent survey commissioned by IDIP the legal due diligence company indicates that investors buying off plan property abroad without formal background checks on the property developer are worried by their investment. The online survey asked 2500 investors about undertaking due diligence before investing abroad. It found that 90% of investors stated that they would buy the companies newly launched due...

International Real Estate News

  The world of International Real Estate has seen some huge acquisitions by some of the worlds largest real estate companies including Colliers International and Morgan Stanley Real Estate.     Colliers International, commercial real estate services, announced the purchase of Torode Realty, Ltd., a leading commercial real estate firm specializing in industrial real estate brokerage. “The addition of...

Affordable Off Plan Properties in Barbados

 Barbados is one of the most popular Caribbean islands for international real estate investors. Recently launched off plan properties prove that it is not only for the rich and famous with properties priced under £150K.   Barbados is an Island of paradise where the Atlantic Ocean meets the Caribbean which means it has reasonable temperatures year round but also some of the best beaches in the world....

Housing Prices in Ireland are Starting to Slow

  After years of strong growth, housing prices in Ireland are showing signs of slowing. That’s the news coming from several sources about what has been one of Europe’s strongest economies in recent years. This is potentially good news for the international real estate investor looking to get into one of the best markets in the world.   The Ireland Times (www.irelandtoday.com) and...

Victoria Australia Housing Market is Booming

   The housing market in the southern Australian state of Victoria is very hot and Melbourne is leading the way. According to several recent articles in the Melbourne Herald Sun newspaper (www.news.com.au/heraldsun ), home prices are set to rise by 150% or more over the next 10 years.   One set of projections cited in the news report said that, based on past projections, median home prices in Melbourne...

Selling property online in the UK a controversy

  Selling property privately online has again caused controversy amongst estate agents in the UK not happy with the competition offered by online property website at Tescopropertymarket.com     Unlike the US where realtors work in competition with for sale by owner websites UK estate agents have a virtual online monopoly with all the UK's major portals refusing to list properties sold directly by...

Selling Spanish Property proving difficult

  After years of hotly increasing values, the Spanish real estate market is looking to slow down a bit this year. While that might not be what sellers want to hear, it makes it a great time for purchasers and real estate investors to get into this ever popular market.   Spain is the most popular international location for British property buyers. The popularity of the country has help to see sales and...

Foreign Currency Transfers and US Dollar

  Sterling held comfortably above $2 all week, coming close to $2.02 on three occasions. Towards the end of the week it drifted lower and it opened this Monday just over $2.01.For most of last week the market was content to ignore the evidence of a stuttering US economy. Lower Factory Orders and fewer Pending Home Sales - those between exchange of contract and completion - were offset by a stronger...

Lake Como Property no need to be Sting or Clooney

  What do George Clooney, Richard Branson and Sting all have in common? They all have houses on Lake Como in northern Italy. Increasingly, so do many international investors with not quite as much money as these big names. While it is the stars that draw the attention, the charms of Lake Como and the reasonable property prices draw most others here. Fortunately for most people, the prices are still quite...

UK Property owners suffer

In a bid to stem inflation the Bank of England raised interest rates to control spending by consumers. UK Homeowners with a typical £100,000 mortgage will have to pay £80 more on monthly repayments than they did last summer. Mortgage lenders who pass on the rate rises to their customers will add around £16 a month to the bill of a family with an average size home loan.   Home owners in London will be...