Dubai's new property laws are expected to be completed by the end of this year and the "last part of the equation" will be completed, according to officials. Marwan bin Ghaliti, technical administration director at Dubai's land department, said that the rights of buyers will be more firmly established, especially those relating to co-ownership. "By the end of the year we will close the chapter on real...

Hungary is to get further development, increasing its already healthy property portfolio for potential investors. Real estate property investment firm Pacont announced that it has taken ownership of the prime Vaci ut corridor in Budapest. "Vaci ut is an obvious first choice for many property development projects," said Benny Iggland, head of Pacont. "One good reason for this is the excellent position and...

Overseas investors are being urged to properly plan their property purchases to gain maximum returns. Ray Woods, a property guru, told potential investors to look at more than just the initial asking price but the long term future prospects of the investment. "We always recommend to potential clients that they begin their planning by drawing up their own criteria," said Mr Woods of maltabuyproperty.co.uk....

Overseas property investors are currently benefiting from a higher degree of transparency in the global market, research claims. According to real estate specialist Jones Lang LaSalle, Australia, the US and New Zealand are top of the list for the most transparent overseas property markets, followed by Canada and the UK. These areas are "role models", according to the company, owing to their legal and...

A partnership has been struck which will see a number of new enterprises and investment opportunities emerging in the Bulgarian property market. Deutsche Asset Management, the global asset management arm of Deutsche Bank, and Bulgarian property developer Winslow Developments have agreed on a joint venture which will initially focus on residential developments in the country's capital Sofia. RREEF, Deutsche...

European retirees have turned to Thai property as an area for a second home owing to the levels of affordability and convenience that now exist in the market. One of the main reasons behind the rise in popularity of this area for overseas property investors is a new "retirement visa" that has been introduced to foreigners over the age of 50, even if they are still working in their home country. George...

Overseas property investors who may be looking for an alternative option in the UK could consider commercial property investment, a sector which could perform well in the near future, according to property asset manager F&C. Commercial property has been delivering total returns of 20 per cent per year, the company reports, and further good results are predicted for 2006. The office sector is being...

Overseas property investors who are considering investing in Dubai have been informed of the areas in which they can purchase freehold properties. Prime minister of the United Arab Emirates, Sheikh Mohammad bin Rashid Al Maktoum, has now issued an official order covering 23 areas and 45 plots of lands that can be purchased by overseas property investors. These areas include Jebel Ali, the World Islands,...

Prices of Chinese property continued to rise in June, with the majority of the country's major areas seeing growth, despite the government's efforts to cool the activity in the sector. Across the 70 largest cities in China an average year-on-year rise of 5.8 per cent was seen last month, 0.7 per cent higher than the growth that was seen in May. Newly built properties climbed in value by an average of 6.6...

The Association of International Property Professionals (AIPP) is predicting that there will be a higher level of buoyancy in the overseas property market in the second half of this year. A survey of all of the AIPP's members has also shown a belief that the second home buyer market has returned, according to Overseas Property Professional. Around half of the organisation's membership said that business...