Overseas Property
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
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
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
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
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
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.
Cape Verde on the brink of a tourism boom
According to research by the World Travel and Tourism Council (WTTC), Cape Verde features in the top ten countries in the world for long-term tourism growth (2014 – 2024). International property investors are already reaping the rewards.
Gibraltar’s ‘New Aloes’ creates a large space on a small rock
With 2.6 square mile Gibraltar ranking fifth in the world for population density, just behind Hong Kong, space is in short supply. But the creators of New Aloes have managed to squeeze 9,526ft² of house, 4,402ft² of terraces and 6,243ft² of garden out of the Rock, and it’s turned many heads.
Brazilian economy set for US$3 billion boost as World Cup countdown begins
With only days until the 2014 FIFA World Cup kicks off, it’s all eyes on the largest country in Latin America, Brazil.
Barcelona property market heats up
According to the latest figures available from Spain’s National Institute of Statistics (INE), house sales in Catalonia were up 43.4% in March over the same month in 2013. Barcelona accounted for 65.7% of those sales.
A French holiday home near the golf course and the ski slopes
Plans for a small exclusive residential development for year-round use in the French Alps have been unveiled by the UK office of the region’s leading developer, MGM French Properties.
Italian property third most popular in the world
Italian property is now the third most popular in the world, according to TheMoveChannel.com. The property portal´s latest Top of the Props report reveals that Italy climbed two places to reach third in the April 2014 chart, receiving more enquiries than both Spain and Portugal.