Chinese property buyers in the USA

U.S. Housing Market Crisis: Chinese and Canadian Buyers Flee Amid Soaring Costs and Strong Dollar

Sales of U.S. homes to foreign nationals have plummeted to their lowest level in over a decade, hindered by a strong dollar and persistent challenges that have mired the housing market in a prolonged slump. According to a recent report by the National Association of Realtors (NAR), only 54,300 previously occupied U.S. homes were purchased by non-U.S. citizens in the 12 months ending in March. This marks...

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Montenegro’s EU Accession: Prime Opportunities for Property Investors

Montenegro's ambitious goal to join the European Union by 2028 presents an exceptional opportunity for overseas property investors. As Montenegro moves closer to EU membership, the alignment with EU standards will enhance legal, political, and economic frameworks, making it a more attractive investment destination. Increased Investor Confidence Montenegro's progress towards EU accession has...

Cheap Property Abroad

Affordable International Property: Insights from Forbes

Kathleen Peddicord, an expert in living and investing overseas for over 30 years, highlights five affordable places to buy property abroad in a recent Forbes article. Here, we explore the details and reasons why these destinations stand out for property investors. Northern Cyprus—47% Savings Relative to the U.S. Market Average cost per square foot: $118 Estimated cost of a...

buying overseas property

Buying Property Abroad: Has Life-Changing Brexit Affected Purchases of Overseas Property by Brits

Buying property abroad has long been a dream for many British citizens, offering the allure of sunny climates, scenic landscapes, and the promise of a relaxed lifestyle. However, since the UK's departure from the European Union, commonly known as Brexit, there have been concerns and uncertainties surrounding the process of purchasing property in Europe. Despite initial apprehensions, the fundamental...

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Marbella Tops Costa del Sol Property Market: A Hotspot for International Buyers

Marbella has been named the most expensive location in the Costa del Sol for property buyers, according to a valuation report by Gesvalt. The city's average property price is €3,343 per square metre, making it the second most expensive city in Spain for locales with over 50,000 inhabitants. Costa del Sol's Property Market Soars Several other areas within the Costa del Sol are also seeing...

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Greater expectations from London renters

An award-winning management company has revealed what it believes will be the most-demanded features from renters in 2023. Quintain Living overseas has more than 3,500 apartments in North London and suggested that items that were once only part of a wish list are now expected as standard. Pet-friendly properties are a clear example of this. All Quintain Living's homes in Wembley Park welcome pets, and...

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Wokingham Berkshire Residents can now make their Homes Energy Efficient

Concerned about the rising energy costs, worry not; Wokingham Council has a solution If you are looking for a place with more sustainable homes, Wokingham Borough should be first on your list. In the coming years, almost every home in Wokingham will be energy efficient while the residents will enjoy low energy bills. The Wokingham Council recently rolled out an initiative to encourage homeowners to...

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The Spanish Government Limited Increases in Rent to 2% for 3 Months

Real Estate in Spain The Spanish government limited increases in rent to 2% for 3 months according to the Consumer Price Index (CPI). This temporary cap applies to all rental contracts, which means that homeowners can increase rental prices from the previously set price by 2% at most. This new rule will stay in effect till 30th June 2022. Learn more about this new limit and what it could mean for the...

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The Demand for Rental Homes Increased in London

According to research by Rentd, a rental portal, the demand for rental homes increased in London. The COVID-19 pandemic and the fact that many UK adults worked from home during this time had kept the demand low for rental homes low in 2020 and 2021. However, that shot up in the new year, with the demand increasing in London for a year. This article will discuss this increase and what implications it...

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Federal Budget 2022 Revealed House Prices in Australia Are Not Likely to Drop

Potential homebuyers may have to deal with a bit of bad news, as the Federal Budget 2022 revealed that house prices in Australia are not likely to drop. In addition to that, rising interest rates may also offer little relief to those looking to buy homes for themselves or for the purposes of investments While the report does not indicate anything positive in terms of house prices, it does present...

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