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Foreign buyers spend 3.8 billion Dubai real estate

Over recent months, many experts have reported that the market for property in Dubai is beginning to turn a corner.  Rising demand for high quality property and stabilising prices have resulted in overseas buyers returning to the emirate in increasing numbers. Now, new official figures show that almost 13,000 properties in Dubai were purchased by overseas buyers in the first half of 2012, worth over...

Bank Owned Spanish Property Why Everything Must Go

The Spanish banks are reportedly slashing prices even further in order to get rid of as much property as they can before the close of the summer season. According to reports banks are already offering properties in popular locations like Murcia and Costa Blanca at discounts of up to 70%, because if they don't sell before the market shuts down in Autumn they will be stuck on their balance sheets until at...

Proposals to change estate agency laws will level the playing field

House sellers could save a combined £2.9 billion every year thanks to government plans to change the regulation that governs estate agents.  That’s the view of the Office of Fair Trading who, for years, has been keen to ensure that home buyers and sellers get a good deal. While the plans have been condemned by traditional high street estate agents, many property experts...

New survey Finds The Best US States To Live In

If you’re thinking of buying a property in the USA, it could pay to ditch the popular states such as California and Florida and head to Utah and Minnesota.  That’s the conclusion of new research which identified the best US states to live in over the next five years based on factors including quality of life, clean water and how you are treated at work. So, if you want to...

Great Choice of Property in France As Residents Emigrate

The choice of luxury homes in France is beginning to improve as a result of the country’s recent Presidential election.  The Daily Telegraph reports that many wealthy French families are ‘fleeing a proposed new tax rate of 75 per cent on all earnings over one million euros’ (around £780,000). With estate agents reporting that many luxury French homes are...

Home Improvements Go Fast: Its whats on the outside that counts

After our successful home improvement series last week, Home Improvements Go Fast is back once again! We left you with the message that the bedroom is where the home’s heart is, but received a number of enquiries about how to dress up the building itself. And so today’s lesson is to remind you that sometimes it pays to tart up the outside of the house – after...

Turkey Attracts International Investment

A major change to the property laws in Turkey is set to see a huge overseas investment in the country’s real estate.  The removal of the country’s ‘reciprocity’ law now means that residents of almost 100 additional countries can now buy property in Turkey. If you are thinking of purchasing a home in Turkey, now could be a great time to buy as...

Attention Turns To Brazil as London Olympics End

After 17 days of superb sporting drama, the focus of the Olympics has now switched to the city of Rio de Janeiro.  The 31st Olympiad will be in Brazil in 2016, and work is well under way to turn the party city into an Olympic venue. With the 2014 World Cup also heading to the country, Brazil’s property market is seeing plenty of overseas investment.  Keep reading to...

Spains Toxic Debt Hits New High

The toxicity of Spanish debt has now reached 9.42% of all lending, up from 8.96% in the previous month and the highest since records began according to the Bank of Spain. The bank said that 164.4 billion Euros worth of loans are now more than 3 months past their payment deadlines. Household and corporate deposits also fell by over 6.5% on the previous year according to the report. Spain has already agreed...