News Archive: property investment
07, 2011 June:
Reports state that Bulgaria is amongst the top 3 countries for the favourite destination to purchase property by Russian investors, following Spain and Turkey.
06, 2011 June:
Wealthy individuals who make investment decisions based on emotion rather than strategy can lose up to 20 percent of their returns over a 10-year period, a Barclays Wealth study on Monday showed.
03, 2011 June:
Canadians were the leading overseas buyers of property in the Usa in the last year, buying almost a quarter of all properties sold to foreigners.
02, 2011 June:
Portugal might be famous for its beaches, golf courses and an over-abundance of sardines, but head inland and it’s altogether a different outlook.
01, 2011 June:
Be a castaway every day of the year – Taransay island was the setting for the original BBC series and is on the market for £2m
27, 2011 May:
While the European nation is a financial basket case that needs an estimated €20-billion ($26.42-billion) to stay afloat this year, Canada is in many ways the object of the world's desire, the popular girl with attractive assets and prudent fiscal policy everyone wants to dance with.
Two studio apartments are available in a front line, 4 star residence, located right on Nice's famous Promenade des Anglais. Each one costs €135,000, with 2 weeks occupancy possible, with a rental yield of 3.81%.
With the commodities markets looking decidedly shaky, property is once again increasing in investment popularity according to recent figures from the Worldwide Property Group.
26, 2011 May:
The University of Liverpool is planning to invest £600m in its facilities. The investment includes a £250m redevelopment of the university’s student accommodation.
In one of the iconic buildings of Miami’s Brickell financial district, three young Mexican executives have opened an office to draw investors from their country and other parts of Latin America interested in finding a safe haven for their money.
The European listed real estate sector has the potential to double in size over the next five years, according to Fraser Hughes, head of research at the European Public Real Estate Association (EPRA).
19, 2011 May:
The French government is seeking to impose a new 20% tax on non-resident second home owners, but buyers of properties under the leaseback scheme will be able to avoid it, according to legal experts.
The pretty resort of Kas has been attracting the attention of those who wish to purchase property in ‘real Turkey’, especially the Scandinavians and British. It is near the already fashionable resort of Kalkan, which has been popular with the British for nearly 20 years. This has resulted in property prices increasing as many Brits have moved there to run businesses and build holiday homes.
Some 151 separate contracts were processed at the Cypriot Department of Land and Surveys by overseas buyers during April, it has been revealed.
18, 2011 May:
Several of the country's major banks, including Santander, BBVA and Caja Madrid are offering up to 100% finance for up to 40 years on special distressed-property-only mortgages, in a bid to encourage foreign investors to absorb the oversupply in Spain's existing homes.
Canadian real estate investors were among the most active in the world in the first quarter, according to a study into capital flows from international brokerage Jones Lang LaSalle.
The average deposit of a first-time buyer has doubled since the beginning of the credit crisis and is now equivalent to almost a year’s average salary.
17, 2011 May:
Criminals are taking out mortgages on property they do not own, leaving the real owners thousands of pounds in debt
A growing number of people are casting off from dry land in search of a simpler, more natural way of life. Christopher Middleton salutes the houseboat set
Property investors from Russia are interested in those European countries which have been hit by the recession as well as stagnant property market. According to a recent report, Russians invest to purchase property in Europe for investment purposes and are seeing up to 12 percent annual returns.
Global investors’ interest in the country may boom due to a possible increase in the country’s investment rate after the general elections on June 12, according to Nurdan Toğuş, the chief economist at Ata Invest.
16, 2011 May:
An increasing amount of foreign nationals are buying property in Turkey according to the most recent data.
13, 2011 May:
With Saudi Arabia aiming to increase home ownership to 80 per cent by 2024, top opportunities for real estate, construction and financing companies are emerging, said the organisers of an upcoming real estate summit in Jeddah.
12, 2011 May:
Resort Group's sold-out development on the Cape Verde island of Sal officially opened for business this week, after attracting an unprecedented level of interest from investors. The group's new project on Sal has already sold over 1,000 units, highlighting the African nation's bright future as an emerging investment destination.
Istanbul has been named the top city in Europe for new property acquisitions and development in 2011 by a new report, as it is less likely to be affected by the economic problems affecting the rest of the continent.
11, 2011 May:
Spain’s development minister has urged British buyers to consider investing in one of the country’s 700,000 unsold holiday homes.
Debt-ridden countries could offer potential for canny Brits on the look-out for a holiday home.
Values of Canadian farmland rose about 2% in the last half of 2010 as grain prices soared, continuing a steady increase during the past decade, according to a report by Canada’s top farm lender.
10, 2011 May:
Cyprus’ new title deed legislation can only be good for everyone, according to the managing director of developers Alpha Panareti, Andreas Ioannou.
06, 2011 May:
Property hunters looking for real estate down under may be interested to learn that Brisbane is the cheapest place in the country to purchase a home, it has been revealed.
05, 2011 May:
France’s recent renaissance as a magnet for property investors is expected to draw in larger than ever crowds at this weekend’s French Property Exhibition in Harrogate.
Builders who specialize in home remodeling are seeing a better market than they have in years according to the National Association of Home Builders' (NAHB) Remodeling Market Index (RMI) released on Friday. The index rose to 46.5 in the first quarter of the year from 41.5 in the fourth quarter of 2010.
04, 2011 May:
Jose Blanco, Spain’s development minister, will try to persuade U.K. investors today to purchase unsold vacation homes in a country where more than 50,000 home buyers have lost the legal rights to their properties.
For those considering making an investment in the lucrative hotel market, the latest data from the Trivago Hotel Price Index suggests that London remains one of Europe's best bets
03, 2011 May:
European listed real estate ended April 2.6% higher, with the strong performance being driven by UK stocks.
28, 2011 April:
When it comes to investment, property always features as a choice. Although property prices fluctuate, investing in property is still a solid investment and many people still choose this option.
EU funding to parts of Spain caught up in the illegal homes row should be blocked until a solution to the problem has been found, a British MEP has demanded.
27, 2011 April:
The Spanish government will embark on a Europe-wide roadshow to convince skittish investors to come back to the nation's property market, starting off with a press conference on the latest industry evelopments next week in London.
26, 2011 April:
Its capital is the beating commercial heart of Central America, and now Panama is doing all it can to lure retirees and young families as well as business expats to its shores. With great retiree benefits and relaxed immigration and taxation laws, the time has never been better to move to or invest in this cosmopolitan nation.
21, 2011 April:
Foreign property investment professionals are beginning to look further afield for their next real estate purchase, according to one expert's opinion.
20, 2011 April:
Countertops or Cost Savings? Banking on Green Real Estate to Improve Existing Home Values
19, 2011 April:
Rapid growth is expected within the Brazilian property market following the publication of new research from a leading local property portal.
Real estate in Portugal offers a sound investment for those looking for overseas property despite claims that the European Union bail out will have an adverse effect on the industry, according to agents.
18, 2011 April:
The activity constitutes a 26% increase in investment turnover compared to the same period last year and is a higher quarterly total than any of the first three quarters of 2010. The Q1 2011 activity did decline from Q4 2010’s total of €38.6 billion.
Five European countries will be visited by Jose Blanco, Spain’s Development Minister, in an attempt to promote Spanish holiday homes to potential foreign investors.
Countries in the southern part of Europe by the coast are catching the eye of potential overseas property buyers based in the UK, with more web searches for Greece, Cyprus, Ibiza, Sardinia and Portugal.
Individuals looking to purchase property in Spain have been told to plan ahead in order to minimise risk.
15, 2011 April:
A new survey conducted by industry experts has found that Russian investors are very keen to start buying property in Spain, Turkey and the UAE. The real estate magazine International Residence surveyed hundreds of Russian buyers at Moscow’s International Investment Show to find that both Spain and Turkey were in their top 3 investment locations with Dubai close behind.
First time buyers in Canada are helping to fuel strong gains in the property market as they seek to get a rung on the housing ladder before interest rates rise, it is claimed.