Timeshare was first introduced to Brazil around 20 years ago; it wasn’t hugely popular and didn’t take off. However since 2003, Brazil’s middle class has expanded by 40 million people and the timeshare market has gained new impetus.
Demand for top property in the upper price bracket of 1 - 5M Euros has increased by 20% and outstrips supply for prime locations according to international luxury real estate network, Engel & Völkers which is reporting a 20% increase in sales for the first half of the year over the same period of 2012.
Last year the Balearic Islands topped the charts for property sales over one million euros to foreign purchasers and that trend remains for the first quarter of 2013. In 2012, 729 sales were made to foreigners, with an average price of €1,080,361, compared with just 41 in Madrid averaging €584,433.
The Engel & Völkers Group has opened its first Metropolitan Market Centre (MMC) in the centre of Barcelona on the Avenida Diagonal, considered one of the most important areas in the Catalan capital.
Time and time again, the Costa Blanca proves to be a top destination for those visiting Spain with its mountainous interior, miles of golden sandy beaches and subtropical climate it’s no wonder it remains a top region for those wishing to purchase a holiday home in the sun.
Back in January this year, Murcia-based estate agent Mercers boldly predicted sales to increase by 25% in 2013 over 2012. At halfway mark, sales are already up a mighty 70% over the first six months of 2012 and positivity abounds.
The Brazilian Real has taken a tumble recently, particularly against the US Dollar, whilst also reaching a four-year low against Sterling and the Euro. Boutique Brazil estate agent uv10.com is encouraging investors to seize this timely opportunity.
Any travel junkie will tell you that there is nothing quite like the buzz of being first to discover a brilliant part of the world.
As Australia bounces back from real estate recession, skills shortages are becoming exposed – not least in the construction industry.
According to new figures from Rightmove, average UK house prices have exceeded £250,000 for the first time signalling a much welcomed pickup in the market.
Demand for Spanish property has soared to a new high, according to TheMoveChannel.com’s Top of the Props. Spanish property overtook the USA in June 2013 to account for almost one in three enquiries on the property portal - the highest share ever recorded by a country on the site.
Whilst Ibiza has an incredible number of strings to its bow from culture to cuisine, nightlife to beach life, one it clearly lacks is golf. However, this week discussions have resumed on the creation a golf course on the Island’s western coastline near Cala Conta.
As Indian Ocean leisure property continues to be a successful and smart choice for private investors, the world class residential estate of Anahita Mauritius is proud to unveil plans for its new development, Amalthea, scheduled to break ground at the end of July 2013.
With its chequered past and fondness for Speedos, Germany might not spring to mind as the most popular country in the world but according to this year’s annual Country Ratings Poll for the BBC World Service, this EU economic powerhouse takes top spot.
Mallorca is the most popular tourist destination in the Iberian peninsula. With 300 days of sunshine every year, 23 golf courses, 25 marinas, as well as some of the most stunning scenery in Europe, it’s no wonder the island’s airport has beaten last year´s visitor numbers, while hotels in Mallorca are reporting a ten point increase on the occupancy figures from May last year.
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