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...
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...
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...
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...
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...