Month: November 2011

Popularity of property in Turkey and Spain rises

Data compiled by the overseas property guide company has found a sudden spike in interest for property in Spain. Buyers looking for property in Spain increased by a staggering 50% in Augusts and by 60% in September! The firm which specialises in providing detailed information to those planning to move abroad said that Spain is… Read more »

Huge investment adds to property demand in Murcia

Foreign investment continues to pour into Murcia with 2 more major projects planned for the region over the next few years. €250 million will be invested into the Costa Calida to create an oil lubrication plant as part of an agreement between South Korean firm SK, and Repsol. The plant which will be fully operational… Read more »

The UK property safe haven

The possibility of one or more countries leaving the euro is leading the way for wealthy foreign investors to invest in the relatively safe haven of the UK property market. Investors are highlighting that the UK’s biggest attractions are its security and stability, along with its liquidity and well-kept property registers. One international property broker… Read more »

UK rental market soars to all time high

The UK’s booming demand for rental property has seen homes being let in record time, even though there has been a rise in the number of properties becoming available on the market, according to research from a leading lettings agent. Figures show that tenants across the UK have been snapping up properties within 12.7 days… Read more »

UK Buy-to-let edging back?

A recent article urged us to whisper it quietly but buy-to-let property might just might be back in vogue. On the surface this sounds crazy? Capital gains tax on investment property profits is rising, though more modestly than feared, and spending cuts may destabilise the broader economy over coming years. So why should landlords be… Read more »

Spain tourism rises by 8% and attracts more property buyers

Spain has enjoyed a much improved year in terms of tourism levels according to official figures. In the first 10 months of 2011, Spain welcomed 50.9 million holiday makers which represents an 8% increase compared with the same period last year. October alone saw 5.1 million international arrivals indicating tourism has shown no signs of… Read more »

Turkish property prices continue to rise

According to the latest property price index conducted by REIDIN, prices in Turkey have risen for yet another month. Average house prices in Turkey increased by 0.81% from September to October, meaning the annual increase of property price in Turkey has now reached 6.77%. There is further good news for those who have invested in… Read more »

Dubai tops Christmas holiday destination list

A recent poll of UK’s holiday makers has named Dubai as the number one choice for winter breaks. Leading holiday rentals company, Campaya found that Dubai topped the list for Christmas holidays as reported by the Daily Telegraph. The founder of Campaya, Claus Pedersen explained why Dubai was so popular amongst Brits. “Dubai is popular… Read more »