Vendors looking for alternative ways to sell property

A new report has found that the cost of moving house is now 70 per cent higher than it was a decade ago and now stands at £9,000.  House moving costs are now equivalent to 27 per cent of the average UK full time wage compared to 23 per cent in 2011. Increasing numbers of vendors are therefore looking to cut their moving costs by considering low price alternatives to traditional ways of selling....

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...

Brazil in the middle of an epic real estate boom

Brazil has long been a favorite tourist destination for travelers around the world but now the country’s bustling economy is also attracting property investors from overseas. International analyst BMI says that the nation is in the middle of ‘an epic real estate boom’ with property prices rising 20 per cent in 2010.  So, if you’re considering a...

Currency Advice Now Essential For Investors

The Eurozone crisis has made it now essential for overseas investors to take advice before purchasing abroad. The UK economy has seen a surprisingly strong week, which has marginally improved the value of sterling. The major news this week was the Bank Of England’s Quantitivie Easing announcements on Thursday. Despite expectations in the week leading up to the announcement that the BoE...

Essex TV Star To Become Lord of the Manor

A reality TV star has plans to become Lord of his own Manor buy buying land in his native Essex.  The former The Only Way Is Essex star Mark Wright has apparently told friends that he wants to find a home in Sewardstone, in the Epping Forest district, in order that people ‘take him more seriously’. The 25 year old TV star has ambitions to own a stately country home and hopes...

Owning a home now cheaper than renting in UK

If you rent your property then you will be £1,400 worse off than someone who owns their home, according to a new study. Falling house prices, cheaper mortgages and increases in rents now mean that it is significantly cheaper to own than to rent your home.  Keep reading to learn more. Falls in mortgage rates and rise in demand for rental property have increased gap The research from Halifax...

Prices of property in India remain strong

Recent figures from the Reserve Bank of India have found that property prices in the country have remained remarkably resilient in recent months with price rises in the third quarter of 2011 rising in all but one location. The report also found that the demand for home loans remains strong and that mortgages are ‘one of the fastest growing segments’. Demand for home loans...

Gordon Ramsay buys luxury Beverley Hills home

Hell’s Kitchen star celebrity Gordon Ramsay has reportedly splashed out £4.3 million on a family home in Los Angeles as his career in the US goes from strength to strength. The Daily Telegraph reports that the chef and business tycoon has bought a five bedroom luxury home in Beverley Hills for his wife and four children as he is spending more and more time in the USA. £4.3...

Index Reveals Panama is Top For Retirement

The brand new 2012 Retirement Index from International Living has found that the country comes second only to Ecuador in terms of its property prices, cost of living, healthcare and climate among American retirees. Panama City offers beautiful apartments from only $90,000 (£57,900) and other locations in the country are even cheaper.  Keep reading to learn more. Panama City offers great value...

No Credit Russians Make Global Property Boom?

Bucking the global trend in both economic slow down and failing housing markets it seems are the Russians. Russia have just announced their lowest Consumer price inflation in Russia of 6.1 percent in 2011, the Federal State Statistics Service (Ross tat) reported recently. The Russian government has been struggling for years to achieve low-digit inflation, in order to create a favorable...