British In London Olympic Property Tax Warning

Property owners serving the demand generated by the London Olympic Games have received a somber warning from the British Tax body (HMRC) Her Majesty Revenue & Customs. The Games come to London in 2012 and with them bring millions of foreign visitors.  And, these visitors will be looking for accommodation during their visit.  Many London home owners are now considering renting their homes to make...

Can Anyone Profit From Istanbul Property Investment?

Istanbul property now presents overseas property investors with compelling evidence that Turkey is safe for investment. International real estate investors trying to decide whether or not Istanbul is a good place to invest would have one problem, trying to think of things to put on the Cons list. First of all, Istanbul benefits from Turkey's being one of the strongest, fastest growing and most stable...

Renewed Interest in Whitney Houstons House

The world was shocked by the sudden death of legendary singer Whitney Houston last week.  The 48 year old singer was found dead in a Beverley Hills hotel just hours before a scheduled appearance at the Grammy awards. The singer’s former marital home had been on the market for three years and her estate agent believes that there may be renewed interest in the home after the sad passing of...

Paris France Now Overseas Property Haven

Finding a property in Paris can be tough.  Prices in the French capital rose by 2.7 per cent in the third quarter of 2011 alone making apartments within the city centre some of the most expensive in the world.  So, how do you find a good value property? Well, an expert on Parisian property has suggested that buyers could consider ‘less exploited’ districts of the city.  Keep...

Number of UK renters up by a quarter in 2011

The number of people renting a property in the UK rose by a quarter in 2011 as the continued difficulties in obtaining finance drove increasing numbers into rented accommodation. New figures from a leading estate agency found that applications by new tenants reached 275,000 in 2011, up almost 25 per cent on 2011. UK in the middle of a ‘rental boom’ The Financial Times reports...

Demand for property in Barbados rises as prices fall

A leading estate agent has reported a ‘noticeable increase’ in demand for luxury homes in Barbados at the start of 2012.  The increase has been attributed to a fall in house prices on the island. Experts are also predicting a buoyant market for property in Barbados in 2012.  Are you considering buying a Caribbean property?  If so, keep reading to find out why Barbados could...

Property in Malta cheaper as demand for home loans slumps

It could be a great time to buy a property in Malta after recent figures showed a fall in house prices brought about by an oversupply of property and a steep fall in demand for mortgages. New figures from the European Central Bank (ECB) show that requests for home loans to Maltese banks fell sharply during the last quarter of 2011 and worse figures are expected for the coming year. Oversupply of property...

UK moving costs increase faster than house prices

If you’re thinking of moving home it’s likely you’ll have to shell out almost £9,000, according to a new report from a leading bank.  New figures from Lloyds, TSB have found that the average cost of moving home has risen by a staggering 69 per cent in the last decade, while house prices have risen by just 64 per cent. Property expert urges home owners...

Celebrity Sells Miami Real Estate

Former tennis star Anna Kournikova has proved that she also has a good head for property after selling her Miami estate for a healthy profit.  The sportswoman turned fitness coach has just sold her home for a cool $7.4million (£4.7 million) making a decent profit in the process. The 30 year old star, who is in a long term relationship with singer Enrique Iglesias, has sold her luxury waterfront...

Limassol Property Sales Increase

There was some good news for the troubled Cyprus property market last month.  After a stagnant period, official figures showed that there was a 22 per cent increase in local buyers in December 2011 compared to the same period in 2010. And, the Cyprus city of Limassol has also been identified as a ‘property hotspot’ in 2012. Sales of properties to Cyprus residents up 22 per...