In a bid to stimulate property sales in the Costa Blanca, the regional government of Valencia is taking direct action to help encourage more foreigners to buy homes there. The Valencia regional government is setting up a new commission which will analyse the region’s property market and create ways to stimulate foreign demand for property, [...]
The lettings market in Portugal is continuing to benefit from the fallout in sales in the country’s property market, according to the most recent RICS/Ci survey. Tenant demand and new landlord instructions in Portugal continued to increase further during November, albeit at a slower pace than the previous month, as did letting transaction expectations. However, [...]
Brits with construction and engineering skills are needed in New Zealand, after another earthquake in Canterbury on December 23 increased the need for assistance rebuilding the region, particularly the city of Christchurch. Many residents left Christchurch, which is popular with British expats, after the devastating earthquake there in February, leaving a shortage of skilled [...]
Homeowners and anyone considering a purchase in Cyprus will welcome the re-introduction in December of a flight from Stansted to Larnaca by Cyprus Airways. Cyprus Airways had to drop its Stansted-Larnaca route last year, after operating it for four years. The relaunch means it becomes the only airline offering this service, which it will run [...]
Rising occupancy levels in Caribbean resorts are making them popular with investors looking for an alternative to poorly performing pension funds. There has been a recent surge in interest for SIPP approved property in the Caribbean, a UK based property agency has reported. Property that is approved for a SIPP, or Self Invested Personal Pension, [...]
The most sought after homes in Sofia, Bulgaria’s capital, during 2011 were apartments costing around the €50,000, while the most active buyers were young families. Leading agency Bulgarian Properties, who made the findings, also reported that while the property market in Bulgaria remained relatively stable in 2011, overall prices fell. While apartments in Sofia [...]
The average property price in America is said to have fallen over the last three years; by a staggering 46%, research shows. This happened at the same time as a rise in rental prices, as more and more people decide they cannot afford to buy and have to settle for rented accommodation, which means that [...]
Turkey is still a great place to invest in property for those who are looking outside of the UK. The economy remains stable and tourism is continuing to bring people into the country at a staggering rate, meaning buy-to-let investments will get much interest from people staying in the country. Property prices and the cost [...]
The property market on the Spanish island of Mallorca could benefit from Ryanair’s latest announcement. They have stated that they will be opening and operating a base out of Mallorca’s Palma airport, which means up to 17 new routes out of the island. With so many more visitors to the island, the housing market is [...]
Portugal is now classed as a distressed country when it comes the property market; along with the UK, Spain and Greece. Distressed in this sense means there are low prices on properties and attractive mortgage deals being offered by lenders in a bid to tempt investors. This might sound like a good combination, however to [...]