Overseas Property
Visitors passing through Palma Airport reach 2.5 million in one month
Mallorca is the most popular tourist destination in the Iberian peninsula. With 300 days of sunshine every year, 23 golf courses, 25 marinas, as well as some of the most stunning scenery in Europe, it’s no wonder the island’s airport has beaten last year´s visitor numbers, while hotels in Mallorca are reporting a ten point increase on the occupancy figures from May last year.
Baha Mar launches unique ownership programs
Baha Mar, the stunning $US 3.5 billion integrated resort development on the Bahamian Riviera, has announced the launch of exclusive programs offering property purchasers prestigious memberships and financial benefits.
Spain overtakes France for mortgage enquiries in May
The Spanish property market has had a turbulent few years, to put it mildly, but it appears that British buyers are rekindling their love affair with the country, according to Conti, the overseas mortgage specialist.
Costa del Sol property market set to sizzle this summer
Foreign buyers are now as important to the Spanish property market as they were in 2006, when the real estate boom was in full swing, with waves of “climate” migrantsinvesting in the Spanish property dream once again.
Everest boosts interest in the French Alpine property market
Publicity about this year’s sixtieth anniversary of the ascent of Everest by Sir Edmund Hillary and Tenzing Norgay may have reawakened interest in the allure of snow-capped mountains, explaining why this promises to be a busy summer for companies selling properties in the French Alps.
Brazil receives record number of tourists
As sports fans gear up for the 2014 FIFA World Cup and Rio 2016 Olympics, a massive impact is already being felt in Brazil’s tourist industry. According to figures just released, a record number of tourists were recorded in 2012 with 5,433,354 people travelling to the country - 4.5% up on 2011.
France and Spain still top choices for overseas property investment
There’s still a healthy appetite for homes overseas from the British public, with the traditional locations of France and Spain still topping the hotspot lists, according to an overseas property report from BuyAssociation.
Ibiza swaps “minimalist” architecture for “individualist”
Over recent decades, Ibiza’s signature architectural style has developed into ‘sleek, white and minimalist’. However Thilo Kleinstoll, qualified architect and agent for Ibiza Sotheby’s International Realty, suggests the tide is turning towards a more individualist approach that directly suits the owner and the landscape.
House sales up 28.73% in Spain for Q1
This week the Spanish Colegio de Registradores (Land Registry) released their Q1 statistics and, with house sales up 28.73% on Q4 2012, the wheels are certainly turning on the Spanish property market. Estate agent Mercers is delighted with the positivity.
Spanish real estate visa limit leaves potential investors disappointed
The Spanish government has announced its intention to set its investor visa at the €500,000 limit. The legislation is expected to be passed in July and any buyer investing in Spanish property above this limit will gain a residency visa.
Spain ranked top 10 in EU for bathing water quality
Spain has been placed in the top 10 EU locations for bathing water quality with an excellent score of 82.8%, according to new research compiled by the European Environment Agency (EEA).
Brits make up 40% of worker visas issued to date for Christchurch earthquake rebuild
Two years on from a devastating earthquake that razed much of Christchurch to the ground, the rebuild programme may still be in its planning stages but the vital labour force is gradually mobilising. Leading shipper to New Zealand, Anglo Pacific, is feeling the effects.
April house price rises for Spain’s Balearic and Canary Islands
Valuation company Tinsa has reported that the Balearic and Canary Islands are the only regions in Spain where house prices went up in April over the previous year – an increase of 3.3% versus an average 10.5% decline for the rest of the country.
Brazil estate agent takes ‘Best Small Agent’ Award for third year
“A laudable approach to selling property, good customer service”, just some of the praise coming from the judges responsible for awarding uv10.com ‘Best Small Agent’ in this year’s Association of International Property Professionals (AIPP) Awards – the third time of winning this award in four years.
Top tips for buying property abroad
Buying a property abroad is an exciting prospect, but one important rule applies – don’t let your heart rule your head. It’s crucial that the right advice is sought and that you don’t try to cut corners.