Overseas Property
Standard & Poor’s praises Turkey but slams Spain
In the latest wave of analysis from credit rating agency Standard & Poor’s, Spain has been kept on a negative outlook but in contrast Turkey has been bumped up the ratings.
Brits abroad to benefit from deregulation of Spanish landlines
Telefonica line rental, customer services and itemised phone bills are now all available in English, due to the deregulation of landlines in Spain. Thanks to the CMT (Comisión del Mercado de las Telecomunicaciónes), its now possible for Spanish property occupiers to switch their telecom provider and allow other multilingual operators to manage their Telefonica landline.
UK housing market improving faster than most of Europe
Signs of recovery are already visible in some European housing markets, especially in sales levels and prices, says the latest RICS European Housing Review.
Brazilian property market bolstered by burgeoning middle class
In 2003 Brazil’s Middle Class (Class C) numbered 64 million people. Today this figure has risen to a mammoth 91 million earning a substantial 46% of the total Brazilian yearly income.
US and Japan to lead pick up in distressed properties
The US and Japan are set to see the biggest rise in distressed sales in the first quarter of 2010, according to latest RICS research.
Name your deposit, name your term at Turkey’s Horizon Sky
This bold statement comes from the developers of Turkey’s most sophisticated resort – Horizon Sky. The customer can name their deposit, name their preferred term (from five to ten years) and Horizon Sky will adapt a plan to suit.
Murcia reports biggest price rises in Spain
According to Facilismo.com, Spain’s number one property portal, Murcia has posted the highest house price rises of all the nation’s autonomous regions at 0.24%. This makes it one of a select quartet of communities showing positive growth in January 2010 with Valencia in second at 0.11%, Cantabria third with 0.09% followed by the Basque Country with 0.06%.
Cold snap drives interest in sunnier climes
The surge in interest in international property over recent months is continuing apace. Searches for international property in January were up by 134% compared to last year and by 25% on the previous month.
Airlines bank on Bodrum
Bodrum Airport officials are in for a busy 2010 as three major low-cost airlines have all targeted the Turkish resort for boosted direct services. Operating from airports across the UK, EasyJet, Monarch and Turkish airline, Pegasus, will all be capitalizing on the Bodrum boom.
The ideal armchair investment with personal use
Property Logic commenced 2010 by releasing a special promotion on its award winning Le Jardin de Fleur resort in Saida, Morocco.
French property market buoyed by global appeal
Some of the holiday home markets currently taking the biggest tumbles have one thing in common - they’ve been dominated by a single nationality of expat buyer.
Paragliders discover Pipa – Brazil’s hippest hang-out
Famed for its reliable weather, superb flying conditions and welcoming locals, Pipa in northeast Brazil is emerging as a paragliding paradise. Particularly whilst Europe is under the cloak of winter, crowds of brightly coloured fabric wings dot the skyline taking in the stunning coastal scenery as they fly.
Mercers adjusts Jerez property portfolio to match demand
Whilst there’s little doubt that life is returning to the Spanish property market, it still remains utterly price sensitive. Overpriced homes simply won’t sell. For real estate agent Mercers, this has meant a conscious shift in its Jerez property portfolio towards the best value, and most profitable, options for this economic climate.
Enjoy nature in style at Olde Mill
Olde Mill is more than just a burgeoning 850-acre residential community in the scenic Blue Ridge Mountains near Roanoke, VA and Winston-Salem, NC – it’s a calling to nature and a lifestyle that embraces peaceful living and outdoor recreation. From walking trails and fishing holes, wineries to music festivals, Olde Mill tunes into a relaxing wavelength which soothes the soul.
Caxton FX helps overseas property owners demolish their fees
Banks and online currency companies overcharge for making simple overseas payments. One provider is bucking the trend by offering free transfers and bank-busting rates.