Good news — more UK buyers in Spain over the last quarter

There has actually been a substantial surge in the number of Britons snapping up properties in Spain, formal figures show. According to the current data produced by the Ministry of Development, 9,502 Spanish properties were purchased by foreigners, consisting of Britons, during the 2nd quarter (Q2) of this year, exemplifying a 12 % boost compared […]

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Good news! Spanish property price drops – slowing down

2012 is looking like it’s to be the worst year for the Spanish property market since the property crash in mid 2007, which means awful prospect for sellers and great news for bargain property hunters. However on a brighter note for the marketplace, the rate residential property prices in the nation fell slowed during last […]

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Cyprus Government lowering VAT to encourage EU buyers

THE HOUSE of Representatives of Cyprus has accepted many tax incentives in order to boost Cyprus economy and attract foreign investments to Cyprus. One of them concernes lessened VAT prices for the non-EU nationals, buying their very first property in Cyprus for personal use. 5 % VAT will apply to EU and non-EU residents, which […]

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Paramount Theme Park (Murcia) the latest updates

The base stone for Murcia’s Paramount Theme Park (Costa Calida) was laid last month, as the mega venture took a step close to becoming a reality. The foundation stone laying ceremony for the new Paramount Theme Park in Murcia, Spain, marks the start of the building process, with a view to opening this spectacular theme […]

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Market place in Spain – prices still need to drop more

It remains a purchaser’s market in Spain, as desperate suppliers proceed to slash asking rates in a bid to draw in more home-buyers, according to the current information from Spanish property portal idealista. The figures reveal that over fifty percent – (54%) – of existing sellers decreased their asking prices by an average of 12 […]

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Property Owners Visa for foreigners proposed by United States

In a bid to bring in even more overseas property buyers to help increase the nation’s housing market and economic climate, abill has been proposed in the Senate allowing foreign buyers a visa valid for 3 years if they purchase a home in the USA. According to the proposed bill, a foreigner will be allowed […]

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Orlando property prices levelling off?

Residential property costs in Orlando, Florida, appreciated for the next consecutive month in May, with the average rate of a home in the town rising by 2.6 % from April and 11.1 % since the beginning of the year, according to a brand-new report released by the Orlando Regional Realtor Association. The four-month trend of […]

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Top city student investments – Paris leads the way in 2012

Paris has narrowly defeated London to be ranked as the top spot for investors in student property, according to analysis by the Knight Frank. London missed out on the top spot for student real estate due to the high price of living; it is followed by Vienna, Dublin and Barcelona. James Pullan, head of student […]

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