Overseas Property
Balearic Islands market review - positive outlook for 2013
In spite of the pressure on the Euro and the general state of the Spanish economy the Balearic Islands have had a good year according to Engel & Völkers Estate Agency. Sales were up by over 9% over the previous year and sales volume increased by over 8%.
Gibraltar: Britain in the Sun
Gibraltar: Britain in the Sun Coming soon to Channel 5, Gibraltar: Britain in the Sun, an observational documentary series produced by Shiver, an ITV Studios company, about Gibraltar, one of the world’s smallest overseas territories.
Surge in Thai tourism fuels condo demand
On 28 December Thailand welcomed its 21 millionth international tourist for 2012 with final figures expected to nudge 22 million for the year.
Russian interest in Marbella property gathers momentum
News this month from the Malaga Developer’s Association reveals that the Russians have overtaken the Germans to become the second largest international home buying audience on the Costa del Sol. Marbella agent Spanish Hot Properties believes this is a trend to continue.
Detroit - for the ultimate ethical investment opportunity
With sales and prices on the increase, and the number of British investors looking to buy a property in the US on the rise, now is the time to invest in the distressed markets in US cities like Detroit according to investment agency, Crystal Investment and Real Estate.
Sotheby’s predicts bright future for Balearic property in 2013
In a “crisis” the wealthy tend to hold firm. According to Sotheby’s International Realty this is certainly the case and nothing can dent the love affair that well-heeled Europeans, and now Americans, Russians and Chinese, have with the sunshine and lifestyle offered by Mallorca and Ibiza.
New Brazilian property investment helps to solve housing deficit
Emerald Knight, the ethical investment specialist, is offering an exclusive opportunity to invest in a social housing scheme in Brazil, with projected fixed returns of 20% after one year.
France still favourite with Brits buying abroad
France has rubber-stamped its position as the UK’s favourite place to buy overseas property, attracting the largest share of enquiries into information provider The Overseas Guides Company (OGC) for each quarter of 2012.
An expert view on Murcia’s property market in 2013
Having sold a very pleasing seven homes in December, a month that isn’t always seen as a buoyant month for buying, Murcia-based estate agent Mercers is very positive about what’s to come in 2013.
An agent’s view of the Costa del Sol property market for 2013
In 2012, sales and turnover for Spanish Hot Properties were both up 25% on 2011. For 2013 the estate agent has even higher hopes, a 50% predicted increase in turnover on 2012, largely due to a Google-friendly website that will rank strongly as the market recovers. So why the positivity?
Mallorca celebrates Wiggins’ BBC Sports Personality win
14.5 million Brits tuned in to watch Bradley Wiggins crowned BBC Sports Personality of the Year last night. 1,000 miles away, expats in Mallorca were also celebrating the cyclist’s victory as Bradley has adopted the Balearic Island as his training destination of choice.
Property owners abroad looking to sell are struggling with foreign markets
As the recession takes its toll, many Brits with second homes abroad are being forced to sell up and return home.
Patience and caution: The secret to securing the best Spanish deals
British buyers tempted by the discounts and finance deals that come with repossessed properties in Spain should choose where they invest carefully, plan any viewing trips well in advance and be prepared for a more complicated buying process than usual, a leading estate agency on the Costa Blanca has advised.
Brazil becomes investor-only market as sporting events loom
With the 2014 FIFA World Cup and Rio 2016 Olympics getting ever closer, foreign house hunters are no longer looking at Brazil for just holidays but also for pure investment opportunities.
Where’s best to invest in 2013?
Looking ahead to 2013, there are two investment markets which Crystal Investment and Real Estate would recommend to investors.