A mortgage insurer is this week claiming that over the coming three years, prices for property in New Zealand could increase by around 12%. Released last week, a new report into New Zealand’s housing market has found there is a shortage of new homes available, thus leading to the ones which are available suffering huge [...]
Experts are claiming that those looking for bargain properties abroad should be looking at Italy for investment. Charles Weston Baker, Director of the Savills’ International Department is just one person who is singing Italy’s praises, saying that he has noted many areas in which house prices are between 20-30% lower than what they were in [...]
Next year, French President Nicolas Sarkozy plans on an overhaul of the country’s wealth tax system. This has prompted a leading property developer in France to target wealthy British investors and attempt to persuade them to make Annecy, a historic lakeside town in the Haute Savoie region, their home. The new wealth tax rules is [...]
Barbados’ capital, Bridgetown, and the Emirate city of Al Ain have both been recognised by the United Nations World Heritage committee for their historical value. This is expected to boost tourism to the areas. It was the 35th time the committee had got together at UNESCO’s headquarters in Paris, and they decided that the Barbadian [...]
58 new, affordable houses are to be built in the Pilbara region of Western Australia to help those workers who deliver critical services to the area. According to the Regional Development Minister, Brendon Grylls, it is important that non-government employees (NGOs) are able to afford housing, because they currently struggle. An estimated AUS$35 million of [...]
Bullfighting in Spain has now received a special ‘cultural status’. The tradition receives mixed views from people all over the world, with many visiting to watch the spectacle, and others branding it animal cruelty. Whichever way you see it, it is a tradition of the country and has now been labelled ‘an artistic discipline and [...]
It has been revealed by the National Association of Realtors that over a 12 month period ending in March this year, foreigners purchased over $82 billion worth of American property; an increase of 24% against the previous year. The most dominant group were the Canadians, who covered 23% of all the foreign sales. Second largest [...]
It would appear that more Brits than ever are thinking about moving abroad. A recent poll by the Worldwide Property Group has shown that 67% of people questioned believed it was a good time to think about investing money in the housing markets abroad. 65% also stated that they were in the process of considering [...]
People in New Zealand are bracing themselves this week for a further influx of snow. This week saw the end of warm sunny days as the winter begins there. WeatherWatch.co.nz forecasters said that the lower half of the South Island will be affected by cold air coming in from Antarctica around Sunday, resulting in falling [...]
It has recently been revealed that many of the properties in Italy are being snapped up by wealthy Indian businessmen and families alike. According to the vice president of credit risk management at the Deutsche Bank, locations such as Tuscany and Sicily are the most popular amongst the Indian investors. The surge in interest has [...]