Month: January 2012

Student Property continues to outperform UK property market.

Knight Frank’s 2012 student property report has highlighted the continued popularity of the asset class as an investment. Student accommodation in the UK has achieved extremely high returns for the second year running, vastly outpacing the returns generated by the rest of the UK’s residential and commercial property markets. James Pullan, the head of student… Read more »

UAE economy improves: ‘strong recovery’ forecast in 2012.

Figures posted by the National Bank of Kuwait (NBK) show that the UAE’s real GDP grew by 4.6% in 2011. The Kuwait bank said it expects record low inflation will spur further economic growth in 2012 as the UAE’s major business hubs like Dubai and Abu Dhabi become more cost-competitive. The Oxford Business Group is… Read more »

Student property the best performing asset class in UK property.

Investors of UK student accommodation are set to enjoy yet another year of strong returns according to the latest report in the Sunday Times. As part of an article reviewing the best performing asset classes within the UK’s property market, The Sunday Times ranked student accommodation at the top with average returns of 13.5% last… Read more »

Dubai average property prices increase 1.09% in December.

According to the latest REIDIN.com index, average property prices in Dubai increased by 1.09% last month. The monthly increase in real estate values in the last month of 2011 mirrors the general trend seen through-out last year of slow and steady increases in values. The gradual improvement of Dubai’s real estate market through-out 2011 was… Read more »

Hilton to open a luxury hotel on Ras Al Khaimah’s Al Marjan

Hilton Worldwide confirmed a deal to bring a second DoubleTree by Hilton hotel to Ras Al Khaimah this weekend. The new DoubleTree Resort by Hilton is expected to open at the beginning of 2014 on RAK’s famous Al Marjan Island. Hilton’s luxury resort will be one of the first hotels to open on the highly… Read more »

Spotlight on Bodrum

Bodrum, David J. Lull, Flickr

The Bodrum region has traditionally been popular with intellectuals and affluent nationals from Istanbul and Ankara. In recent times the region has witnessed rapid growth and dramatic transformation, particularly in the past two decades. It has now established itself as a popular destination for European holiday-makers, domestic tourists and the high-flyers of Turkish society. The… Read more »

NIE Explained

Residential permit, Andres Rueda, Flickr

An NIE number known as “Número de Identificación de Extranjero”, is a tax identification number which foreign nationals need to be able to buy property in Spain. As well as allowing you to buy property in Spain, an NIE number is also required for example if you wish to apply for a mortgage or loan,… Read more »

Spotlight on the Costa del Sol

costa-del-sol

The Costa del Sol, Spain’s ‘Sunshine Coast’, has been a firm favourite amongst tourists for many years now. Millions descend on this sun-drenched region every year; no surprise that Gatwick to Málaga is one of Europe’s busiest air routes. The area offers many attractions including an abundance of blue flag beaches, famous museums, and prominent… Read more »