|
|
Our property abroad news section brings you the latest in overseas property news direct from the press as it happens. Catch up on all of today's breaking news stories below or bookmark this page to return at a later date.
Romanian property investment could benefit from infrastructure plans Brazil offers 'attractive investment opportunities' Italian property is "secure and stable" Spain and Kenya sign MoU France 'offers lifestyle benefits for UK buyers' Croatia offers 'a low-cost Mediterranean lifestyle' Prognosis for Cape Verde's tourism industry "is favourable" OSA signed between Romania and Singapore Panama 'provides tax relief for businesses' Portugal 'a top five location for property buyers' Italy Property Stays in the News
Last week a Telegraph survey found that Italy was the most popular tourism destination in Europe among its readership. And this week estate agency Knight Frank were quoted in the Times as saying that the traditional Italian property purchases such as farm-houses and cottages should take the back-burner to off-plan apartment developments in upcoming markets like Florence. European Property Boosted by Credit Crunch
Overseas property news is currently filled with Spain. One report released by the airline Monarch said that Cyprus, the Canary Islands and Malaga are currently their most popular destinations and that Spain is in fact more popular on the whole, this is particularly good news when you consider that Monarch also revealed that 43% more people have booked summer flights than this time last year. Property-Abroad.com releases their popular 2008 Advent Calendar
Following on from last years successful advent calender, overseas property portal property-abroad.com have injected a little humour in to the market and released this years popular calendar full of games, jokes and gift ideas past and present. Cape Verde Property to Grow and Grow
Described as the "hidden Caribbean" recently by a Lonely Planet author, Cape Verde's recent emergence as a favourite for overseas property investment has been almost completely fuelled by a massive increase in visitor numbers to the region. Italy Property Gains Popularity in "Noticeable Trend"
Italian properties have climbed two places to sixth most popular in property portal Property Abroad's top ten in the past two weeks. Liam Bailey, chief market analyst for the upcoming portal gave his views on the reasons for Italy property's rising popularity: French Property Market to Remain Stable
It has been revealed that the overseas property hotspots in Southern France are seeing demand from overseas property buyers continue to outstrip supply. The French National Estate Agents Federation (FNEAF) reports that French property prices overall rose by 7.1% in 2006, 3.8% in 2007 and 1.7% in the 12 months up to July 2008 – making it one of the few places in the world that has seen continual price rises throughout the credit-crunch American Properties Offering Fantastic Opportunities Lawrence Yun, chief economist of the National Association of Realtors, told a press conference that the number of international buyers operating in the sector "may be doubling over the next ten years". Yun also noted that 21 percent of US realtors believe there are more overseas buyers operating in the sector than there were five years ago, with a survey by the association revealing almost half of properties bought have been in the southern states. Emigrating Brits - Great News for Australian Resale Market
New research by Alliance & Leicester International (ALI) has revealed that the main reason for people to emigrate from Britain is the weather, and that their top destination is Australia. This research compliments a survey carried out a few months ago, regarding a mass exodus of Britons this year, although that survey also mentioned Canada as a top destination, and was far more detailed regarding the reasons for their emigration Credit Crunch Could Boost German Property Market
According to a survey by travel portal kayak.co.uk 60 percent of Britons have no intention of cancelling their winter holiday plans because of the economic downturn. Meanwhile, Grahame McKenzie of tourism website Travel Mole, has predicted that the global downturn will cause Britons to holiday in locations within Europe, such as Spain and Italy, naming France, Italy and Germany, he added:
Flights Boost Canary Island Property Market
Budget airline Teleticket has announced its plan to run new flights to the Canary Islands; filling the gap left by the collapse of travel agent and airline company XL several months ago. The flights, which begin in 2009, will run from Bristol airport to Tenerife, Lanzarote and Las Palmas Canada One of Finest Property Investment Destinations
Since Canada was named as the host country for the 2010 Winter Olympics and Paralympics there has been a massive upsurge of tourists going on ski vacations to Canada. One particularly popular destination is Quebec, with many various fantastic slopes to choose from. Liam Bailey; chief market analyst for overseas property portal Property Abroad gave his comments on “one of his favourite” investment markets in the world. Turkey Tops Tourism Charts Boosting Turkey Property
Turkey is one of the best places in the world to invest in a property. Turkey is very close to hitting its tourism target of 25million visitors in this year, with the Antalya resort alone having some 8 million visitors so far this year; just above Istanbul which has received six million visitors. This means rental yields of no less than 10%, possibly as much as 12 or even 15%, are being received by owners of well placed Turkish property. Property Abroad Reveals Top-Ten Locations
Overseas property portal has revealed that America has become the second most popular both in terms of properties being viewed and properties being enquired about. Another surprise in figures released by Property Abroad is that Spain remains the most popular country in the world with those looking to buy overseas property. Brazil Property Ideal for Investment
Impartial overseas property organisation BuyAssociation, has stated that Brazil's property market is "ideal for investment". A BuyAssociation spokesperson added that the country is more likely to survive the current financial uncertainty [than most] because of the "healthy cash reserves" held by banks and the low rate of borrowing within the country. Cyprus' Resilient Mediterranean Property Market
Cyprus' property market is another to go on the list of credit crunch survivors. According to Jonathan Salsbury, since last Autumn Cyprus' property market has gradually become less dependent on British buyers...... Greece Tipped to Slide through Credit Crunch
According to several recent reports by reputed industry sources Greece's economy and property market are geared up to survive the global downturn better than most in Europe, with The Telegraph putting Greece at the heart of a "new financial Europe". New Flights to Boost Faro Property Market
Now may be the time to add the Algarve to the list of destinations worthy of consideration for property investment, as it has been revealed that Faro airport in the Algarve region of Portugal is set to receive flights from three more British airports. Low-cost airline Easyjet will run flights from Glasgow, Liverpool and the East Midlands airports, alongside the existing flights from Dublin, Stansted and Shannon. |
