New medical service offered to Spanish property buyers

Investors in Spanish property will soon be able to take advantage of a range of medical services through a bank account with Banco Halifax Hispania.The facility will offer a 24-hour health helpline and connection for British expats to an English-speaking medical consultant, who can offer advice or guide users to a nearby clinic or surgery.This new service, which will offer peace of mind to overseas...

REITs introduced in Dubai property market

Areas of the Dubai property market are set to become more accessible for overseas property investors with the introduction of real estate investment trusts (REITs).The Dubai Financial Services Authority (DFSA) has officially announced that the rules to permit and govern the operation of REITs have been finalised and will be effective immediately.On August 1st an investment trust law was approved for the...

French property tipped as profitable area for investors

French property has been described as a potentially favourable area for investment, with certain regions emerging as surprise hotspots.According to property specialists Assetz, the conditions for overseas property investors are currently positive in France, with the country seeing its largest degree of growth since 2000 in the second quarter of this year.The French economy, the second largest in the...

Bulgarian property to benefit through new investment

Overseas property investors are soon set to have a greater degree of choice in the eastern European sector, with the Bulgarian property market one of the segments to see significant new investment.Austrian property developer Immoeast has announced that it is investing €180 million (£122 million) to create new property in Bulgaria, Poland, Romania and Slovakia.The initiative is expected...

Chinese real estate investments soar

The popularity of Chinese real estate has been demonstrated by a surge in levels of investment, it has emerged.Figures from the National Bureau of Statistics show that Chinese property investment reached 941.1 billion yuan (£62.7 billion) in July, an increase of 24 per cent compared to the same month in 2005.Mid-range housing saw an even more marked rise of 29 per cent to an equivalent of £43.8...

Overseas property interests 1 in 3 future retirees

Overseas property investment is of interest to one in three future retirees in Britain, according to a new survey.A study by Clerical Medical has found that of the people interested in moving abroad when they retire, 49 per cent would be interested in living somewhere within Europe.English speaking regions were found to be of the most interest outside the continent, with Australia and the US the two most...

OPP show to cover overseas property finance options

A show has been organised by Overseas Property Professional (OPP) to offer an insight into finance options and other information for overseas property investors.The event will provide advice and guidance for agents, developers and any other professional in the overseas property industry, according to OPP.Newton Scott, chairman of Fidentia Group, will be speaking at the event, providing information on...

Company results reflect booming German property

The growth in the German property market has led to Colonia Real Estate AG publishing positive results, it has been announced.A second quarter profit of €4.87 million (£3.3 million) was confirmed by the Cologne-based property firm.This is indicative of the recent growth that has taken place in the German property market, as at the same time last year Colonia reported a loss of...

Chinese property gaining value

Overseas property investors who have purchased property in China recently are likely to have seen a gain on their outlay in July, with average prices increasing 5.7 per cent.Prices in 70 major cities in China rose by this amount – which was down by 0.1 percentage points from June, according to the National Bureau of Statistics.New commodity housing values increased by 6.7 per cent, an increase of...

Bristol described as UK property hotspot

People looking for a property investment in the UK could be advised to consider Bristol, according to a new study.According to property agents CB Richard Ellis Hamptons International, there are a number of aspects to the city which make it desirable and popular among homebuyers, the Bristol Evening Post reports.The current growth in population, employment, house prices and the economy are all predicted to...