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Sales increase for Shanghais luxury property

New data shows that sales were up for Shanghai's luxury property market in the second quarter of the year, according to propertywire.com. The statistics were taken from Knight Frank's latest Luxury Residential Market Report. It found that the number of sales in the time period were 39.9 per cent higher quarter on quarter. Year on year, sales have also risen by 12.6 per cent. Considering the rise in...

Dubai Property Market To Suffer As Indian Investors Restricted

  The overseas property market may be in for a sudden drop in Indian investment owing to new Reserve Bank of India rules aimed at stablising the Indian economy.  The effects on international property sales could be global however one region may suffer more than most. The Dubai real esate market benefits from sustained property investment from Indian overseas buyers but could now face a huge drop in...

US house prices continue to rise

According to the Standard & Poor's/Case Shiller index, house prices in the US continue to see a strong growth. The index showed that US house prices were 12.1 per cent higher in June this year, compared to June last year - although as investing.com reports that the figure is slightly below May's. During that month, prices grew by 12.2 per cent. Despite that, house prices rose across every city measured...

Byron Bay fast becoming an international market

A real estate agent has spoken out to theaustralian.com about the popularity of Byron Bay and how many overseas buyers are flocking over to invest in international real estate there. Real estate agent Graham Dunn, principal of Byron Bay Property Sales, says that more housing is needed to satisfy retirees from across Australia and the rest of the world. Many high-profile investors have been attracted to...

Brits, Germans and Russians investing heavily in Turkish property

Brits have been among the most active investors when it comes to Turkish property, sendfundsoverseas.com reports.   A new study released by the Turkish Environment of Urban Planning Ministry found that Brits were the most active where overseas property was concerned, along with Russian and German buyers. The ministry looked into international investment heading in to Turkey with a view to see where it...

Amanda Lamb reveals overseas property hotspots

TV personality and overseas property expert Amanda Lamb has outlined five of her top spots for investments around the world. In a blog written for uk.finance.yahoo.com, Lamb identified Brazil, Cape Verde, Dubai, Thailand and Germany as being particularly strong markets for British investors. Where Brazil was concerned, Lamb noted the "building frenzy" currently ongoing in the South American country as...

Cyprus property market welcomes more overseas buyers in July

A rise in overseas property buyers across Cyprus over July has gone some way towards combating a decline in domestic acquisitions.   New figures from the country's Department of Lands and Surveys show that 345 contracts for the purchase of property were exchanged over July 2013, down 13 per cent from the total seen last year. Deals handed to domestic buyers accounted for 71 per cent (251), down 26...

UK House Price Rises Good Only For The Rich?

Wealthly overseas property investors heading for the UK should take note that the UK is experiencing a leap of faith where house prices are rising at a super fast pace. In my view too fast and London could well one place in the world where house prices don’t seem to matter. Britain houses prices rose at their fastest rate in three years last month. Is this further signs the market is on the...

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Chinese Investors & The $53 Million Underground Californian Mansion

$53 million is the stunning price tag for this unusual house in the Rolling Hill Estates in California USA. Speculation begins on who may buy such a property, an international property expert expects a buyer from China. The price tag is not what makes this home stand out from the crowd, its made very special owing to its 25 bathrooms! and features underground living with a never seen before Moroccan-style...

China In Love With Australian Housing

One of the most significant forces in the international real estate arena are the Chinese and one region in particular attracts a great deal of interest this is Australia.   The value of Australian residential property purchased by Chinese-based buyers reached $5.4 billion in the 2013 financial year, according to figures from Chinese property portal Juwai.com. This is around a 25% increase on...