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Important steps to take before buying property abroad

Prospective overseas property investors have been offered some advice by financial website This is Money on the essential steps that should be taken before making an investment. Research is an essential precursor to buying a property abroad, the website states, with the internet providing the perfect forum on which to do this. Gain as much information as possible about the country you are interested in and...

Spanish property prices gaining fastest in Valencia

Investors looking to Spain for a property abroad could be advised to move quickly if they want to gain on their outlay, with a new study finding that prices are rising fastest in Valencia. The increases that are being seen in this area of Spanish property are exceeding the upward price movement that is taking place in the country's other major cities of Barcelona and Madrid. Individuals who have opted for...

Old favourites continue to be popular for property abroad

France and Spain, traditionally popular areas of for UK investors considering property abroad, continue to be in demand despite new emerging regions, according to reports. According to property specialists Assetz, Cyprus, Bulgaria, Romania, Malta and Estonia have all been growing in popularity as areas for overseas property investment. The emergence of these areas has been attributed to factors such as...

Indian property development receives investment boost

Overseas property options in Asia are set to increase in the coming years as it has been announced that an Indian real estate developer has received $65 million (£35.5 million) of investment from finance group Morgan Stanley. The company focused the funds in Alpha G: Corp Development in a move which represents its second venture in the Indian property market. According to Finance Asia, Morgan Stanley...

Damac Properties opens The Heights in Jordan

Private developer Damac Properties has added a new dimension to the overseas property market in Jordan by opening The Heights, an ultra-modern, 35-storey tower which is one of the first residential high-rises in the country. The construction stands in the Abdali area of Amman, Jordan's capital city, and features a range of options for investors interested in property abroad. Studios as well as one, two and...

Authorities secure higher regulation of Chinese property

The Chinese property market is set to become more safely monitored for investors as new measures have been announced to crack down on any irregular practices in the sector. A joint circular has been issued among the ministry of construction, the national development and reform commission and the state administration for industry and commerce in the country regarding the methods used in all real estate...

UK property prices soar over past month

Homeowners in the UK hoping to sell a property could be encouraged by the news that the market is currently very fruitful for sellers, with prices increasing by 2.9 per cent in the past four weeks. According to the latest survey from real estate company Rightmove, UK property prices rose by £1,500 per week in the month up to July 8th, creating an overall average house price of £217,580. This is...

Exposure of South African property to receive boost

International investors will be able to take advantage of a comprehensive method of surveying South African property, as a real estate group has announced that it is going to offer inspection trips. Aida National Franchises plans to team up with African Olive Travel Concepts to offer the tours to overseas customers who are assessing the prospect of South African property. The intention is that potential...

UK property prices becoming more stable

Prices of property in the UK are beginning to stabilise while still showing positive growth, according to the latest Assetz house price watch. In June, the average annual rate of growth in prices was 6.74 per cent, compared to 6.52 per cent in May and the 4.23 per cent that was measured at the beginning of 2006. The average price of a home was therefore also slightly up, from £189,317 to...

Community spirit among top priorities for homebuyers

A new survey has found that issues such as affordability and location are not the only issues that UK property buyers consider, as having nice neighbours and living in an area with a good community spirit were also found to be priorities. The research by Linden Homes found that living in a nice community was the second most valued aspect of life for people asked on their opinions on what makes a "positive...