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Low Portugal Property Prices Makes Buyers Market

The ongoing problems in the Eurozone and Portugal’s economic woes have contributed to a further fall in property prices in the country.  Investors looking to buy homes in Portugal can now benefit from lower prices after new figures show that property values in the Iberian nation fell by 8.9 per cent in the last year. If you’re looking to buy property in Portugal, now could...

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Is Tom Cruise To Buy George Clooneys Italian Property?

Newly single Hollywood star Tom Cruise is reportedly set to buy fellow actor George Clooney’s luxury property in Italy as he seeks to set up home in the Lake Como area.  It is rumoured that Clooney – star of The Descendents and Ocean’s Eleven – is set to move to the south of Italy and is close to striking a deal with Cruise for his luxury...

Angry Estate Agents Fear Vince Cable Proposals

 UK estate agents have reacted in horror as Business secretary Vince Cable department of Business Innovation and Skills proposes to relax the Estate Agent Act. One Estate Agents body even issued images of a battered pensioner suggesting that proposals would led to increased assaults.  The British Government is committed to reducing the regulatory burdens on business in order to help economic growth. The...

Avatar Film Director Builds New Zealand Home

One of Hollywood’s leading film directors has snapped up 2,500 acres of beautiful New Zealand farmland to build a home for his family.  James Cameron, director of Avatar – the highest grossing film in cinema history – intends to build a property in Pounui Ridge, on New Zealand’s North Island. While the government have welcomed Mr Cameron, who...

Property prices in India set to slow

For years, India has been one of the world’s top performing property markets.  According to the Lloyds TSB International Global Housing Market Review, India has seen a 284 per cent real rise in prices since 2001, equivalent to an average annual rise of 14 per cent. NDTV reports that ‘prices in most Indian urban centres have doubled since the property market boom began...

Why Dubai Property Market is on Track

A leading Dubai property developer believes that the emirate’s property sector is now on a ‘growth track’.  Emaar Properties says that an overwhelming investor response to their new development shows that the Dubai property market is healthy. Prices and rents have slumped in Dubai since 2008 but there are signs that consumer and investor confidence...

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Cosmopolitan Buyers Keep Pattaya Property Market Buoyant

While property markets across much of Europe and North America remain in the doldrums, markets in Asia are continuing to rise throughout most of the region. Thailand is one of the countries which has seen rapid growth in its property market both from its domestic market, as local banks make their mortgage products more attractive, and also from an increasing number of foreign buyers.  Following...

Overseas property buyers seek only low risk nations

Buyers of overseas homes are concentrating on countries least at risk from the ongoing financial crisis. That’s the view of a leading property expert who believes that people are increasingly heading to ‘core markets’ to avoid the uncertainty gripping the Eurozone. Keep reading to find out which countries are considered ‘safe havens’...

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Olympic Champion Starts New Life By Selling His Home

The London Olympics has been an incredible place for swimming legend Michael Phelps 27, who will be ending his career on Saturday with the final swim in the 4 x100 medley relay. He will be starting a new life and part of this new beginning is selling his Baltimore man pad.   However super man swimmer Phelps talents in the water have not transferred to real estate investment, his home may sell at a loss...