Overseas Property

Interesting investment

The recent interest rate roller coaster has brought with it a legion of winners and losers. When interest rates were up - as recently as last summer - the savers were the ones reaping the rewards while some property investors found it a challenge to keep up with the relentless monthly increase in their mortgages.

Hamptons strengthens its UAE commercial property portfolio

Hamptons International has expanded its commercial service offerings across the UAE with the establishment of a Commercial Sales and Leasing Team and an extensive roster of commercial property in Dubai.

Vintage Bodega meets Vanguard Design in Jerez

If you’re going to live in a unique building you may as well be daring and create an interior space that’s just as standout. That’s exactly what the owner of this loft apartment in a restored sherry bodega in Jerez has had the vision to achieve. Now on the market, this city party-pad can be yours for just 350,000 euros.

A lifeline for Dubai developers

Just six months ago it would have been hard to comprehend that the affluent quarters of the Middle East would ever need a financial lifeline, however with the ‘eye of the credit crunch storm’ now firmly fixed on the Middle East, developers need rescuing and the most favourable ‘lifeboat’ is Nexus Development Ltd, a specialized development company which has the experience and ability to steer companies to calmer waters.

Big discount on affordable apartment in Spain’s Desert Springs

A big discount of almost a quarter of the price is being offered to an early buyer of this two-bedroom, two-bathroom apartment, a former showhome at Desert Springs, Europe’s only international award-winning luxury family resort and championship desert golf course in the Almeria region of south-east Spain.

Incentives to buy in Tunisia

How many nations would like to swap shoes with Tunisia right now? Economies across the globe are falling sick from toxic debt but Tunisia has its coated in Teflon. With a ‘closed currency’, that is to say one unable to be traded freely on the open market, it has remained immune from economic turmoil and GDP is in fact set to grow from 5.1% in 2007 to 6.3% in 2008.

Euro mortgage rates fall below 3%, savers look elsewhere

Following the European Central Bank’s (ECB) decision this month to leave the Euro Base Rate on hold at 2%, mortgage rates of below 3% are now on offer from some banks in France.

Croatia property to see new popularity in 2009

Overseas property portal Property Abroad expects an increase in interest in Croatia property from investors in the coming months, after the EU foreign affairs Committee's announced that negotiations with Croatia over its accession into the EU can be concluded in 2009.

Burgeoning business tourism spells success for Sofia

Sofia Airport, one of the fastest growing airports in Europe, reported that in 2007 its air traffic had doubled over the previous five years. With more direct flights from most European capitals and a growing demand for larger planes and passengers, the airport has built a new Terminal 2 and expanded its runway.

Is 2009 Turkey’s year?

On the overseas property investment radar, Turkey is still an emerging signal and the temporary suspension of Title Deed Act last year gave many investors the wrong signs. However, 2009 looks set to be the year when Turkey firmly establishes itself as a strong green light on the radar.

Funding for commercial property investment

One of the many casualties of the subprime crisis has been the brake on bank lending. In most countries globally, banks and highstreet lenders are now very reluctant to release funds to borrowers.

Distressed property sales on Costa de la Luz

The western Costa de la Luz, namely Huelva province, has until recently been holding its own in terms of property values. But you can’t swim against the tide forever and acknowledged local expert Titan Properties has recently published its first ‘Distressed Sales List’ highlighting the most keenly priced properties in the region.