Search

Australian property continues to thrive

The market for Australian property continues to be healthy, despite a recent rate rise in the country, as overseas property investors hunt for emerging markets.Suburban areas have reportedly been proving popular, owing to the affordability benefits available in these locales, with Beenleigh, Bulimba and Paddington in Brisbane key examples.Other areas which have been attracting attention are Elizabeth and...

Spanish property benefiting from south coast activity

The thriving town of Tarifa on the Costa de Luz appears to be offering a substantial boost to the Spanish property market.Tourists have consistently shown interest in the region, leading to the travel industry creating a strong base for housing in the area, which has seen prices steadily rise in the past before stabilising recently.According to Assetz, the Andalucia town has proved popular among overseas...

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...