Bulgaria's progress towards accession to the EU, a development which could make the country's property market substantially more accessible for overseas investors, is moving forward well, according to an EU official.Justice and home affairs commissioner Franco Frattini said that he was "more optimistic" about the country's progression following his most recent visit, according to Overseas Property...

Now could be a good time to sell up for those people looking to leave the UK and invest in overseas property, the latest figures suggest.Nationwide has released data that shows that house prices in the UK rose by 0.8 per cent during July, as the summer saw house prices join temperatures on the rise.This summer is also a considerably better time to sell than the same summertime period of 2005, when house...

International investors could look to the traditional locations in Europe of Spain and France and turn their back on the Italian property market.The government is reported to be ready to push through a proposal that would see the rate of real estate deals tax rise to around six or seven per cent, much higher than the European-wide average of 3.3 per cent."This new tax puts Italy in a bad position for...

A real estate developer in the United Arab Emirates hotspot of Dubai has revealed plans for its latest development, which could attract overseas investors.High Rise Real Estate has unveiled plans for a housing block that includes four rotating penthouses and a villa that has its own car lift.In total, 72 residential units are set to be constructed in Jumeirah Village South, at a cost of approximately $50...

Land laws could see the price of Spanish properties rise by a tenth, benefiting anyone who has invested in a home there.Although the intention was to reduce prices, the Association of Spanish Property Developers (APCE) claims that the Spanish government's proposals will have the opposite effect.Under current proposals, developers must hand over between 15-20 per cent of land which has been classified for...

A growing trend among overseas investors seems to be the desire to be the first one to invest in a new area, according to the latest reports.More and more foreign property purchases are occurring in non-traditional areas such as Egypt, South Africa and Cape Verde as people look to capitalise on cheaper property prices."It's becoming a feeding frenzy to be the first one in ," Simon Conn, managing director...

Overseas property investors are retuning to Australia and especially the region of Perth, according to the latest reports.An increased number of overseas investors from the UK have joined others from China and south-east Asia in purchasing property in the area of Western Australia (WA)."Perth's property market has been widely noticed because of its growth and, because of the resource boom, we are needing...

Bulgaria's expected membership of the EU is likely to boost the already booming property investment opportunities available in the Eastern European nation. Capital Sofia along with Bansko and the Black Sea resorts are being tipped to become even more popular with Britons looking for a sound investment. "If Bulgaria gets EU membership - widely tipped for sometime in the next three years - the city will...

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Investors are being warned away from banks when changing the thousands of pounds needed to buy a foreign property. According to brokers Foreign Currency Direct, buyers could have lost £1.8 billion due to poor deals on foreign exchange, banks typically giving worse rates for Euros than brokers. Yet 86 per cent of people buying abroad still use their bank, Commercial FX claims. "To make the most of...