Portugal Property Buyers Urged To Be Realistic

Interest in property in Portugal is increasing but potential buyers have been warned to be realistic about prices and finance, according to a local agent. Viewings of property in the Algarve have tripled in recent months.  However, many of these are people with unrealistic expectations about price levels or the amount of finance they will be able to secure, says a leading Portuguese property expert. ...

Why Brazil Real Estate Market Is Deemed Solid

New figures have found that Brazil remains one of the best performing housing markets in the world.  The South American country has long been one of the most popular locations with overseas investors and prices continue to soar. So, if you’re looking to secure good capital growth on your overseas property, have you considered buying in Brazil?  Keep reading to find out why. Little sign...

Iconic movie home sells for $1m less than asking price

A generation of filmgoers will recognise the Chicago property as the home of the McAllister family.  When setting off for a Christmas in Paris, confusion means the family forget to take eight year old Kevin, and the smash hit comedy Home Alone was born. The property where a young Macauley Culkin fought off Joe Pesci and Daniel Stern’s bumbling burglars is in the Chicago suburb...

Justin Bieber set to buy two Hollywood homes

He’s one of the world’s biggest music stars and now Justin Bieber is reportedly set to splash out on two Hollywood homes.  The Canadian superstar who recently turned 18 years old is looking at real estate in Los Angeles with the intention of buying one home for himself and one for his mom. However, reports that Bieber has already made an offer on a luxury $10 million...

UK economy may provide US Dollar boost

Overall, Sterling has seen a relatively strong week over the last five days, being boosted by comparative strength in the UK economy. The major news this week was, of course, the release of UK unemployment figures. The figures show that unemployment in the UK rose by 28,000 in the 3 months leading up to Janurary, with female and youth unemployment being especially large. However, as a clear indicated of...

Can a celebrity home add value to your property?

Does living close to a celebrity’s home add value to your own property?  Well, the answer depends on the celebrity, according to a leading property expert. The question has arisen after two of the Beatles’ childhood homes were recently given Grade II listed status.  But can living near the home of a famous person help you?  Keep reading to find out. Beatles’...

Michael Jordan’s home expected to become Chicago’s most expensive property

He’s one of basketball’s icons and now Michael Jordan could be set to break a different kind of record.  The former NBA star has listed his Highland Park mansion for a cool $29 million, the most expensive property listing in Chicago. The property is set to fetch a record price for a property in the area.  As the Chicago Tribune notes, the previous most expensive sale was a...

Greece & Bulgaria offer superb property bargains

Greece’s economic problems may be well documented, but the country’s woes offer opportunities for overseas investors looking to buy property in the Southern European nation.  Similarly, prices in Bulgaria have also slumped since the pre-credit crunch levels, offering bargains to overseas property investors. It is possible to pick up a bargain property in both countries, as...

Movement in Greek Debt & Currency Transactions

The Greek economic situation remains the focus of economic news this week. However, in contrast to previous weeks, the news was comparatively positive. The key event has been the debt swap, the largest restructuring of a Government’s debt in history. This debt-swap was one of the key conditions for the latest bailout, and analysts believe that if Greece had been unable to secure the...