Overseas Property

Cyprus strong area for investment as Monarch introduces flights to the island
Following Monarch’s move into Cyprus this week as the first major low fares airline to introduce flights between the Mediterranean island and the UK, MRI Overseas Property is predicting Cypriot property prices are set to become even stronger in 2007.

Overseas property company offers unique free homefinder service
A home in the sun is an achievable desire with more UK residents than ever before, with the number of people owning a second home abroad growing to a staggering 800,000 at the end of 2006 – a four-fold increase over the last two years!

Monte Mayor Golf & Country Club receives the Kempinski touch
Monte Mayor Golf & Country Club in southern Spain announces partnership with leading hotel group - Kempinski - to provide five star services for home owners.
The cost of buying a property in Spain is reduced
Banco Halifax Hispania has reduced the rate on its variable Euro mortgages with immediate effect.
Time for UK property investors to check out the Czech Republic
The Czech Republic’s property market is primed for a second phase of accelerated growth which is catching the eye of investors across Europe, but it isn’t solely the strength of the economy that is driving this interest. Changing VAT laws will see UK investors flock to buy in Czech before new rates come into practice in 2008, according to Property Secrets Head of Research and Analysis Simon Tweddle.
Britons flock to sunnier climes
The National Association of Estate Agents (NAEA) is advising homebuyers to think carefully when considering a move abroad, following recent research by the Office of National Statistics revealing that record numbers of Britons are relocating overseas. With the New Year being a popular time for people to think about starting afresh, it is important to plan thoroughly before making the move.
Spanish property prices cool in 2006
The average property price in Spain for 2006 fell to €246,279, according to the Kyero.com 2006 Spanish Property Review. This is a 1.7% decline compared to the national average price in 2005 of €250,589. In general, average prices seem to have remained steady indicating that the market has remained stable.

Couple so impressed by cave homes they now sell them!
When Sally-Ann Crane and Sean Lummis went on their first date, they decided there and then that would leave the UK and try and live in Spain. It was after visiting Galera to view properties that they found Spanish Inland Properties, who they ultimately bought their un-renovated cave home from - and who they now both work for. Sean had always fancied living in Andalucía and on a four-day visit to look at cave homes in Galera, the couple fell in love with the area and the idea of owning their own cave house - so much so that they bought the second cave they saw, from Spanish Inland Properties.

The only Sports City in the world makes good business sense
IMOINVEST are now pleased to bring to the market Champions Tower III in Dubai Sports City. This is a first class investment opportunity ideal for the buy to let market in what will be the world’s first Sports City and will be host to numerous world events and home too many sporting professionals.
Time now right for Euro-zone commercial property investment
European economies are expected to show continued improvement in 2007, leading to outstanding opportunities within the commercial property sector, predicts fund manager and commercial property analyst Seven Dials.

Five other things Bulgaria is famous for
Ask any Brit what the first thing they think of when asked about Bulgaria and they will probably say “property”, closely followed by “skiing”. But is that all that Bulgaria’s famous for?

Brian and Anne’s dream home in the Portuguese sun!
Many visitors to the Algarve won’t remember the days before the A22 trans-Algarve motorway transformed the region, making both the west and the east easily accessible from Faro. Then it was the self-styled ‘golden triangle’, just 20 minutes from the airport, which attracted buyers seeking a dream haven. Everyone wanted to be in Quinta do Lago, Vale do Lobo or other localities around Almancil.

Funding boost to help thousands of Namibians back into housing
A pioneering project, aimed at helping thousands of Namibians secure housing, has received a significant funding boost from Places for People –the UK’s largest housing and regeneration group.

Mission Possible: Making Money in Morocco
Paul Staines, Director of Saffron Villas speaks with Adam Samuel of Nubricks.com to give us his inside information on purchasing property in Morocco, the full interview is available to download only at nubricks.com.

France back in the spotlight as interest rate reduction is predicted
IMOINVEST, specialists in the French property market, predict that now is the ideal time to invest into property in France. They anticipate that the orientation of the Central European Bank concerning the Euribor (Euro Interbank of fixed rate) should decrease and have an effect on interest rates offered by the French banks, which are expected to decrease as well.