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...
If youââ¬â¢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. Thatââ¬â¢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...
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...
The choice of luxury homes in France is beginning to improve as a result of the countryââ¬â¢s recent Presidential election. The Daily Telegraph reports that many wealthy French families are ââ¬Ëfleeing a proposed new tax rate of 75 per cent on all earnings over one million eurosââ¬â¢ (around ã780,000). With estate agents reporting that many luxury French homes are...
House sellers could save a combined ã2.9 billion every year thanks to government plans to change the regulation that governs estate agents. Thatââ¬â¢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...
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 homeââ¬â¢s heart is, but received a number of enquiries about how to dress up the building itself. And so todayââ¬â¢s lesson is to remind you that sometimes it pays to tart up the outside of the house ââ¬â after...
A major change to the property laws in Turkey is set to see a huge overseas investment in the countryââ¬â¢s real estate. The removal of the countryââ¬â¢s ââ¬Ëreciprocityââ¬â¢ 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...
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...
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...