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...
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, Brazilââ¬â¢s property market is seeing plenty of overseas investment. Keep reading to...
New research from a leading property website has found that Thailand remains the most popular target in Asia for overseas property buyers and investors. And, the country saw a sharp increase in interest levels during July 2012. Property in Thailand has been increasingly popular with overseas buyers since 2010, as we see below. Thailand the most popular country in Asia with property...
After several years where Bulgariaââ¬â¢s property market has struggled, a leading Russian news service believes that the current situation in the country offers a great opportunity to buy a home. Newspaper Rossiyskaya Gazeta says that now is a great time to buy a holiday property in Bulgaria thanks to low prices and a great choice of homes. We look at the recovering Bulgarian property market...
While lots of people tend to do their home improvements just before they sell their house to keep the propertyââ¬â¢s value high, thereââ¬â¢s no rule that says you can only do DIY when youââ¬â¢re about to move. So stop house hunting and start planning how to spend another night in your soon-to-be-improved home as Home Improvements Go Fast turns its attention to the most...
Itââ¬â¢s all very well buying a new home and moving your things in, but sometimes a property needs a bi of sprucing up. Maybe you want to change the outside. Perhaps you have ideas for inside. Whatever your DIY dream, weââ¬â¢ll be covering it in the next few days in our new column: Home Improvements Go Fast. Windows of opportunity People spend so long looking at what they can do...
The British weather has been pretty dismal this summer. Flash flooding, storms and grey skies made it one of the wettest Julys on record. So, it is little wonder that more and more people are seeking a foreign refuge that offers reliable, year round sunshine. So, if you are looking for an overseas home than can almost guarantee good weather, where should you look? We look at some of the sunniest...
Expats living in Australia have lost a generous tax break which could be used when selling a property. The Australian government is scrapping a capital gains tax concession which non-resident taxpayers have been able to use when selling a property in the country. Non-resident taxpayers previously enjoyed a 50 per cent capital gains tax (CGT) concession when selling a home in Australia. However, the...
If youââ¬â¢re looking for a luxury overseas home and you have a cool $50,000 (ã31,900) a month to spare, you could rent the lavish LA mansion of one of the worldââ¬â¢s most famous families. Sharon and Ozzy Osbourne have put their Los Angeles mansion up for rental having been unable to sell the property. The couple had originally listed their property for sale at $13million...