Overseas Property
Back in the game! Spain sees highest increase in sales since 2008
Figures released last week by the Ministry of Development has revealed that 9,502 housing transactions were made by foreigners in Spain during the second quarter of this year over the same period in 2011 - the highest figure seen for four years when transactions reached 11,130.
USA best value for money for overseas property
UK overseas property buyers' money currently goes furthest in Orlando, USA, where a £125,000 budget can purchase a four-bedroom home with a large garden and a private pool, compared to a studio apartment in the Swiss Alps, according to the first annual HSBC Overseas Property Report.
Murcia’s Paramount Park buoyed by casino deals
Madrid and Barcelona have both announced plans for mega Vegas-style gambling resorts on the outskirts of their cities. Spanish tourism figures are up and investors are clearly cashing in, much to the delight of Murcia’s Paramount Theme Park team.
UK airlines improve winter schedules to Mallorca
British Airways, easyJet and Monarch have all expanded their winter schedules to Mallorca for 2012/13 and Ibiza now has its first direct winter service to the UK. MD of Balearics Sotheby’s International Realty, Daniel Chavarria Waschke, believes it makes sense for these year-round destinations.
Spanish property crash sparks revival of fractional ownership
In the mid-late 2000s, when the Spanish property boom was showing its first signs of petering out, many estate agents started peddling fractional ownership as a way to widen their potential customer base – it didn’t catch on. Now, in the wake of boom turning to bust, fractional ownership is enjoying a revival.
New Zealand’s Bay of Plenty sets out stall for economic growth
In a bid to tackle enduring recession, New Zealand’s Bay of Plenty is heavily promoting new business development and skilled migrants are being encouraged to contribute their skills, optimism and positivity on the path to economic growth.
An all-time high for Spain as tourism increases 4.4%
Spain experienced an all-time high in international tourist arrivals in July this year, reaching 7.7 million visitors, an increase of 4.4% over the same month in 2011 according to the Survey of Tourist Border Movements (Frontur) prepared by the Ministry of Industry, Energy and Tourism.
Escape the Euro crisis in these high growth property markets
With France and Europe's other large economies heading for recession (Source: Daily Telegraph), Colordarcy.com recommend that investors should look to other countries such as Turkey, Brazil and the USA for high capital growth.
Monarch launches Birmingham Gibraltar route
Monarch, the leading scheduled leisure airline is to launch flights to Gibraltar as part of the carrier’s expansion of its Birmingham network of routes for summer 2013.
Good progress for Murcia’s Paramount Theme Park and International Airport
As many Spanish businesses enjoy summer closing and holidays with family and friends, quiet progress is being made behind the scenes with Murcia’s Paramount Theme Park and the new Corvera International Airport.
Brazil developer avoids government-fixed price increases
Brazil’s INCC (Indice National da Construcao Civil or National Civil Construction Index) adds interest onto stage payments and can come as an unexpected shock to property purchasers.
Guernsey housing market remains robust
Average property prices in Guernsey moved ahead by 3% in the second quarter of 2012 compared to their level one year previously, according to data released by the States of Guernsey.
Top overseas retirement hotspots revealed
MGM Advantage, the retirement income specialist, has revealed the nations favourite retirement destinations outside the UK.
Schools out for summer! Spain voted favourite destination for families
Families looking to make their holiday money go further this summer should look no further than the much loved destination of Spain according to recent findings from The Post Office Family Holiday report.
Rare opportunity to buy plot and build bespoke golf villa in Provence
A rare opportunity to buy plots of land on which purchasers can build their own bespoke villas in the Provence region of southern France comes on to the market this month.