The total value of Florida real estate bought by foreigners has leapt by around a quarter in the last year to $7.97billion – and one of the main reasons is its excellent value-for-money.
Florida’s Department of Economic Opportunity has revealed that the state’s unemployment figures now stand at the lowest rate since June 2008, a figure of 6% in September.
Long term fixed rate euro mortgages to buy a new home or releasing equity have fallen again, reflecting the ultra-low level of Euribor, the European Central Bank reference rate.
The Foreign Office estimates that some 800,000 Brits live in Spain for all or part of each year. The number of those residing permanently is uncertain but best estimates put the figure as being somewhere between 250,000 and 400,000 people.
Priced at 25 million euros, it’s said that Enigma Mansion is the most expensive property to be put on the market in South Africa. Completed in 2011, the ostentatious trophy home has hosted royalty, celebrities, and commercial, film and TV shoots, including American apocalyptic supernatural action series ‘Dominion’, and is now ready for a new owner.
Portugal, like every popular coastal tourist destination, finds its beaches packed with visitors from May to September.
It’s true that real estate prices in sunny Florida, USA, are steadily rising. In fact, they have increased for 33 months in a row, according to the latest August 2014 data from Florida Realtors - but there are still plenty of bargains to be had.
Last week Alberto Garre, President of the Region of Murcia, said the arrival of the high speed AVE train and opening of Corvera International Airport “in 2015, if possible, would become reality”. Add a 16.28 million euro European Commission subsidy to kick-start investment at Paramount and Murcia is clearly entering a purple patch.
Faux fur. Long boots. Over-sized scarves. Roll-neck jumpers. All key style trends for Autumn/Winter 2014/15. But when it comes to this season’s must-visit destination, where’s hot this wintertime, even as the weather turns cold?
Figures released by the Housing Department within the Ministry of Public Works show that expats living in Spain spent 36% more on property in the first half of the year than they did in the same period last year.
Those seeking a holiday home that will keep the whole family entertained every month of the year should look no further than the Abama Luxury Residences in Tenerife.
The Resort Group’s newest overseas property development, Meliá Dunas Beach Resort & Spa, opened its doors at the weekend to holidaymakers wanting a first-class experience in Cape Verde.
Travellers looking to escape the grey skies of the UK this winter are currently eyeing up southern Europe and, as ever, Italy is one of the top destinations for those looking for some winter sun.
According to The International Property Awards 2014-15, the ‘Best Property Single Unit’ Spain is Palacio Bardaji. This beautifully-restored 18th Century palace in Ibiza’s Old Town scooped the highest five-star award at last week’s London ceremony.
Gibraltar’s New Aloes has been handed ‘Best Property Single Unit – Europe’ in The International Property Awards in association with Rolls-Royce Motor Cars.
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