Overseas Property
New sea view city apartments in Palma, Mallorca
This November sees the much-anticipated release of Cala Estancia, a boutique collection of just eleven 1 and 3 bedroom luxury apartments in Palma, Mallorca.
Luxury tourism strategy pays off for the Balearics
Balearic Tourism and Sports Minister, Carlos Delgado, has expressed his optimism towards British tourism. Speaking at November’s World Travel Market in ExCeL, he said the UK market is on an “upward trend” and “good” forecasts are in place for the Islands for next year. Luxury tourism is largely to thank.
Is it time to follow Bill Gates into the Spanish property market?
News that billionaire Bill Gates has acquired a $155 million stake in Spanish builder Fomento de Construcciones & Contratas SA (FCC) has certainly caught the attention of property investors around the world.
Surge in mortgage enquiries puts Spain back in the top spot
To say that the Spanish property market has experienced a turbulent few years would be a bit of an understatement.
Mallorca takes second place in global lifestyle review
Property consultancy, Knight Frank, has just placed Mallorca at an impressive number two spot in its Global Lifestyle Review. Beaten only by Dubai, the Island performed well for culture, education and cost of living. Local agent Mallorca Sotheby’s International Realty is delighted with this recognition.
Spain retains its crown as top golf destination in Europe
According to the latest European Spotlight on Golf Tourism to Spain research report commissioned by Reed Travel Exhibitions, out of the 28.5% of those who travelled to Spain to play golf in the last 12 months, 12.7% visited the Costa del Sol, 3.9% to the Costa Brava and 3.2% to the Canary Islands.
Online video guide to buying property abroad helps emigrants prepare for the big move
Around 400 British citizens emigrate every day, according to figures from the Office for National Statistics, and the number has increased by 20 per cent over the last three years.
Engel & Volkers Spain gears up to target Chinese investors
Engel & Völkers the leading international German real estate company focusing on high end property has recently developed a Metropolitan Market Centre based in the city’s Avenida Diagonal is now actively targeting the Chinese market with the recruitment of two Chinese real estate specialists to cater for the growing number of Chinese investors coming into the market and ahead of the new Spanish Government legislation for non EU buyers.
Balearic property prices edge closer to London
The average price per square metre of property sold by Mallorca and Ibiza Sotheby’s International Realty this year is 9,000 euros – a cool 7,600 pounds.
New revival in real estate for Palma de Mallorca
Next month construction will start on the third phase of a brand new, luxury seafront development, Marina Plaza II, located in the fashionable Portixol area, minutes away from Palma’s famous cathedral, historic old town and airport.
Holiday homes with a swing
According to IAGTO’s 2013 Golf Tourism Report, global golf holiday sales grew by an average of 9.3% compared to the previous year, and their member operators alone catered for 1.6 million golf travellers in 2012 generating an estimated €1.5 billion.
Success of French Alpine engineering feat prompts an encore
A French property developer which six years ago stunned its rivals by acquiring a near-vertical rock face on the side of a mountain in the French Alps and announcing plans to build more than 130 apartments on it is about to perform an encore.
Investors gamble on Vegas property
Investors gambled on Vegas property this summer, according to TheMoveChannel.com’s latest Investment Watch report.
Ibiza replaces St Tropez as the celebrity playground of the Mediterranean
When it comes to celebrities, who hasn’t holidayed in Ibiza this year? From Beyoncé and baby Blue to David and Samantha Cameron, the Spanish island has been a revolving door for the stars.
Dreaming of moving abroad? Plan for the unexpected
The Foreign & Commonwealth Office (FCO) has issued a warning to British nationals who are considering a move abroad, advising them to plan for the unexpected before they move to a new destination.