UK's overseas property investors are getting younger
Young British homebuyers are increasingly turning their back on the UK property market and investing their cash in homes overseas, according to property portal SmartNewHomes.co.uk. The portal claims that demand for Spanish new build properties remains strong despite house price growth dipping below the ten per cent mark for the first time in five years [...]
Turkey: Europe's most attractive real estate market
The London-based Global Property Guide (GPG), a respected consultancy group preparing analyses and research on global property markets, determined recently that Turkey has one of the most attractive property markets in Europe.
Young 'barbies' rent in the UK and buy overseas
Insurer Hiscox has identified a new group of young buyers who are planning to invest in overseas property while renting in the UK. According to a study commissioned by Hiscox, 27% of prospective first-time buyers say they would consider buying overseas to get onto the property ladder. Observing that the younger the buyer, the more [...]
Spain – Most popular destination for British travellers
Spain is the most popular destination for British travellers according to a report from the Office for National Statistics (ONS). According to the ONS Social Trends report flights to Spanish destinations came out on top ahead of the US and Ireland, with Britons making 66.4 million trips overseas in 2005. This was three times the [...]
IT security firm opens Dubai office
DUBAI: Distributor for IT security products ADAOX yesterday announced the expansion of its Middle East operations with the opening a new office in Dubai Internet City.