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Portugal raises property taxes as part of bailout deal

  Property owners in Portugal were faced with higher taxes this week as the Government announced a new series of harsh fiscal measures. Falling revenues in the country caused by a continuing recession are putting the nation at risk of failing to meet the conditions for its economic bailout, and the government have been forced to take action. As well as increased property taxes, income tax in Portugal will...

Why Luxury French Real Estate Is Cheap

Real estate agents and French property experts are reporting that a ‘flood’ of luxury homes are coming to the market as wealthy homeowners seek to leave the country before tax rises hit.Plans by the new Socialist president Francois Hollande to increase income and capital gains taxes have led to many rich French property owners placing their properties on the market. Keep reading...

Buyers of property in Malaysia urged to take long term view

People buying investment property in Malaysia should take a long term view and avoid ‘flipping’ homes for the good of the country’s property market. That’s the view of the Real Estate and Housing Developers Association of Malaysia (REHDA) who believe that too much speculation is damaging the country’s property market. The comments...

One Direction in Publicity Stunt Re Haunted Home?

Since their appearance on the X-Factor in 2010, One Direction have become one of the world’s most popular boy bands.  Now, it has been revealed that one of the band’s luxury home may be haunted by the ghost of legendary highwayman Dick Turpin. I cant help but think this is a publicity stunt to keep the young lads in the headlines. Harry Styles recently bought a...

Interest rate cuts support prices of Australian property

Prices of property in Australia’s state capitals rose in September 2012 by the largest amount in over two years.  The latest RP Rismark Home Values Index found that house prices increased by 1.4 per cent in September - the largest monthly rise since March 2010. On a quarterly basis, house prices in the country's eight capital cities rose by two per cent.  Experts have attributed the rises...

Property prices in the US more than expected

Prices of homes in the US climbed more in the year to July 2012 than forecast, providing more evidence that the country’s housing market is starting to recover. The S&P/Case-Shiller index of property values in 20 major cities increased by 1.2 per cent between July 2011 and July 2012, the biggest 12 month rise since August 2010.  The median forecast of 23 economists surveyed by news...

New type of buyers driving property market in Turkey

The latest Knight Frank Global House Price Index showed that Turkish property prices boasted the third fastest growth in the world in the year to June 2012. Only Brazil and Austria saw prices rise faster and property values in Turkey rose by more than 10 per cent in the last twelve months. Changes to property ownership laws in Turkey have opened up the country’s property market to millions...

Latest reports on prices of property in Italy

Despite the ongoing problems in the Eurozone, property prices in Italy remained relatively flat in the second quarter of 2012. That’s the result of a new report from the Italian Land Agency that found prices in the country remained steady despite a fall in transaction numbers. Keep reading to find out more about the property market in Italy. Weakness of euro offers opportunities to foreign...

Why Hesitant Buyers May Lose Out In Cyprus

If you’re looking to buy a property in Cyprus then you are in a strong position to negotiate a great deal. That’s the view of a leading property expert after new figures showed that the prices of property in Cyprus fell sharply in the second quarter of 2012. The Cyprus Central Bank’s Residential Property Price Index fell to 90.3 in the second quarter of 2012;...

Guide to buying property in Florida

  Planning to invest in the USA? Florida remains the most popular destination in America on TheMoveChannel.com, attracting almost two-thirds of all enquiries from buyers. But do you know your Disney from your Davenport? Read part one of MoveWorldwide's guide to buying property in Florida:   The Essentials Climate Florida easily earns its nickname "The Sunshine State", clocking up roughly...