Spanish property purchases by overseas investors have reached a three-year high, according to new figures released by the Bank of Spain.
Underpass to bring new life to Costa del SolA new underpass in the Costa del Sol is expected to attract overseas property investors to this specific part of the Spanish Coast, according to property specialists.
Investors tempted by continual falls in Spanish propertyThe Spanish economy has been severely affected by the eurozone crisis and recent reports have shown the value of property in Spain is continuing to fall. In the last year, the price of residential property in Spain has dropped significantly.
Brits set their sights on bargain properties in Greece and IrelandAs the eurozone crisis takes its toll on Greece and Ireland, the two countries arguably most affected by the financial downturn, bargain properties in both countries are being snapped up by British investors.
Buyers have no fear: Hollande will not impact French property marketThe unusually affordable French mortgages will be unaffected by Francois Hollande’s new presidency thanks to a French political loophole.
British tourists to get more for their money this yearThe euro is being sold at a rate of 1.20 to the pound for the first time in three and a half years, giving British travellers 10% more for their money.
New draft law opens up overseas property possibilities in TurkeyThe Turkish property market is expected to receive a significant boost as the Turkish Parliament accepts a draft law to promote the sale of real estate to foreign investors.
Overseas buyers flock to Dordogne for property purchasesOverseas property investors seem to be particularly attracted to The Dordogne and the Alpes-Maritimes, as the two regions have received the most residential property sales.
As French taxes increase London expects to see a flurry of interested buyersAs Francois Hollande takes the presidential baton from Nicolas Sarkozy the threat of imminent tax increases has led to a rise in the number of French buyers interested in London properties.
Bargain property’s draw British investors inThe UK’s faltering property market alongside the country’s slide into a double dip into recession has failed to deter Brits from investing in overseas property.