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Overseas Property

Chief Minister officially breaks ground for World Trade Center Gibraltar

Chief Minister officially breaks ground for World Trade Center Gibraltar

This week, the Hon Fabian Picardo officially broke ground for the eagerly awaited World Trade Center Gibraltar. This iconic global brand finally arrived with the Chief Minister operating heavy machinery by remote control and drilling the first foundations.

Costa del Soaring as Malaga reports tourism generated €500M in the last 6 months

Costa del Soaring as Malaga reports tourism generated €500M in the last 6 months

According to a report from the Spanish National Statistics Institute (INE), the growth of the tourism industry in Malaga has generated more than €500 million in the last six months.

Brit buyers bounce back

The latest survey of overseas buyers of second homes in France carried out by bankers BNP using data supplied by Notaries from across the country paints a mixed picture of the health of the French property market, but puts the Brits firmly back in pole position as buyers.

North Dakota joins the US elite moving one step closer to energy independence

North Dakota joins the US elite moving one step closer to energy independence

A landmark in the US’s energy production history has just been confirmed, with the North Dakota Petroleum Council (NDPC) announcing that the state finally surpassed the elusive one million barrels of oil per day production figure:

Overseas property market continues to heat up

Excellent buying conditions are continuing to draw British buyers back to the overseas property market. The number of enquiries received by Conti, the overseas mortgage specialist, in the second quarter of this year increased by 38 per cent when compared with the same period in 2013.

Exclusive development in Annecy with shopping and sailing on the doorstep

Exclusive development in Annecy with shopping and sailing on the doorstep

Shopping and sailing are on the doorstep of exclusive new homes to be built in the heart of the historic French lakeside town of Annecy.

Engel & Volkers launches Castillo Mallorca onto the market for 38M Euros

Engel & Volkers launches Castillo Mallorca onto the market for 38M Euros

Engel & Volkers is marketing the sale of the most expensive seafront villa on the island. Castillo Mallorca was built in 1965 by its then English owner and is located on its own private peninsula at the entrance to Port Andratx with spectacular views from all over the property across the sea, Dragonera Island and the Port.

LJ Group partners with Cresco Capital Group and commits €100m to German student housing platform

LJ Group, the leading privately owned multi-family office, has committed a total of €100 million of equity to Cresco Capital Group’s German student housing venture, Cresco Urban Yurt.

Remarkable figures put Murcia at a five-year tourism high

Remarkable figures put Murcia at a five-year tourism high

45.5% more foreign tourists visited the Spanish region of Murcia in the first five months of 2014 compared to the same period last year. This is the highest official figure since 2009 and British visitors account for almost half.

14 reasons to consider Brazil as the home of your next property investment

14 reasons to consider Brazil as the home of your next property investment

Even though Brazil’s hopes of being crowned the FIFA 2014 World Cup champions are dashed after a staggering defeat by Germany in the semi-finals, the Latin American powerhouse still boasts numerous other winning qualities.

House prices down by 0.3% in the euro area

House prices, as measured by the House Price Index (HPI), fell by 0.3% in the euro area and rose by 1.0% in the EU in the first quarter of 2014 compared with the same quarter of the previous year. These figures come from Eurostat, the statistical office of the European Union.

Mallorca and Ibiza Sotheby’s International Realty - A half year review

Mallorca and Ibiza Sotheby’s International Realty - A half year review

The Balearics have been enjoying the benefits of a market in recovery for quite some time now. The news coming out of Mallorca and Ibiza Sotheby’s International Realty’s offices as they reflect on the half-year is certainly very positive.

Appetite for Turkey on the up

Appetite for Turkey on the up

Buyers’ appetite for Turkey’s property market is on the up. TheMoveChannel.com’s latest Investment Watch report finds that an apartment in Istanbul was the second most popular listing on the property portal in May 2014, the highest ranking the country has ever achieved.

Businesses moving outside U.S. over tax issues

When it comes to the big business, one of the dirty little secrets is that the United States still isn’t a place that is tax-friendly in terms of rates.

Ibiza and Mallorca tourist profile increasingly disparate

Ibiza and Mallorca tourist profile increasingly disparate

Latest research from Balearic Tourism highlights the growing difference in tourist profile between Mallorca and Ibiza. Whilst the typical Mallorca holidaymaker is older and chooses four star accommodation, across in Ibiza they are getting younger and more likely to rent their lodgings.