After several years of falling prices, Dubaiââ¬â¢s property market is showing signs of improvement in early 2012. At the start of 2012, property prices showed their first quarterly rise since 2008 with investors increasingly confident about homes in the emirate. However, the property market in Dubai may remain uncertain, as we explain here. Demand for villas remains high, pushing up property...
Property experts believe that property in Thailand will see good price growth in 2012 despite the sector being ââ¬Ëhampered by regulationsââ¬â¢. While the property market in the Asian country is healthy, many Thai property specialists believe that growth would be higher were it not for new city plans. Keep reading to learn about the prospects for the Thailand property market in...
The property market in the New Zealand city of Auckland has had its busiest May in nine years. Sales for the month were at their highest since 2003 and up by almost a third on the same month in 2012. And, the average sales price in the city rose by 2.5 per cent in just one month to $582,285 (ã289,900). Keep reading to learn more about the booming Auckland property market. Booming property...
For years, cities such as Paris and Shanghai have been the destinations of choice for buyers looking for luxury overseas homes. Now, however, increasing numbers of investors are heading to California which is seen as a safe haven. Reuters reports that ââ¬Ëwealthy European and Asian investors who have dominated the market for addresses in London's most fashionable neighbourhoods are frequently...
What do Andy Murray, Elena Baltacha and Tim Henman all have in common? They all used La Manga Club to build their tennis career. The resort, famous for being Murcia's most popular golf destination, is also a smash hit on the tennis courts - a tradition set to continue as the former Davis Cup venue serves up 10 two-bedroom apartments that come with free La Manga sports membership for a year. The...
Property prices fell in over two thirds of countries in the first quarter of 2012 as world property markets continue to face uncertain times. New figures show that there were house price falls in 26 countries between January and March 2012 compared to increases in just 10 nations. Over a full year house prices had fallen in 24 of the 36 countries for which house price statistics are available and rose...
While house prices have fallen across the globe in recent years, one sector of the housing market has been more robust. Luxury homes at the ââ¬Ëprimeââ¬â¢ end of the market have been seen as a safe haven by many investors and so demand for luxury overseas homes as remained strong, propping up prices. However, while there may be a strong demand for a luxury home that...
Over the last few years, Brazil has been one of the hottest property markets in the world. Now, thanks to stabilising prices and increasing rents, many property experts believe there has never been a better time to invest in the South American country. Keep reading to learn more about why 2012 may be a great time to buy property in Brazil. Lots of reasons to invest in property in Brazil Over recent...
A leading overseas property expert believes that Australia presents the perfect time to snap up homes in the countryââ¬â¢s state capitals. Nick Marr, director of international real estate portal property HomesGoFast.com highlighted recent figures from RP Data ââ¬â Australiaââ¬â¢s number one provider of property information ââ¬â which shows that prices have...
While Spainââ¬â¢s economy continues to suffer under the weight of huge banking losses, the countryââ¬â¢s property market continues to offer huge property bargains to canny investors. Estate agents believe that prices in parts of the country have fallen by up to 50 per cent from their peak, with banks desperate to offload property assets. However, if youââ¬â¢re thinking...