Overseas Property News
Wave of Optimism in Property Market in France After Macron’s Win
Whether you are looking to buy or sell property in France online, you couldn’t have missed what happened on May 7 – Emmanuel Macron, a 39-year old former investment banker, won the Presidential election in France by a massive margin over his rival, Marine Le Pen of National Front.
Real estate experts in France celebrated his win as it means that France will still continue to be a part of the European Union. There is a wave of optimism in the French economy and in the property market because of this win, which is not hard to...
Mallorca May Well Be the Hottest Property Market in Spain in 2017
It’s not a bad time to sell your villa in Mallorca, Spain online as there is a real demand for properties here. Why not, Mallorca has emerged as a popular tourist destination, attracting 15 million foreign visitors last year. 2017 is expected to be even better.
Mallorca is often compared to Ibiza, but here the property prices have shot up across the board, in double digits, consistently for many years. It certainly fares well in comparison to other overseas property destinations such as Turkey, Tunisia and Egypt.
The LGBT Community are Big Buyers of Properties in Canary Islands, Spain
Are you looking to sell your property in the Canary Islands, Spain? You should know that the LGBT community is a big buyer of properties here. The Canary Islands have a reputation for having an open and diverse culture, which is inclusive towards all communities, regardless of their ethnicity, religion or sexual orientation.
Consider the Gay Pride festival held earlier this year in Maspalomas on the Gran Canaria, which is the biggest island in the Canaries. It was attended by a crowd of 35,000 LGBT singles and couples and also by supporters...
Huge Demand for Portuguese Properties from Wealthy French Buyers
Are you planning to sell your property in Portugal fast? There is a lot of demand for properties for sale in Portugal, especially from French nationals who are looking to invest in Portugal in a big way. A number of older French nationals, especially those in their 50s and 60s, have been moving to Portugal following their retirement.
The reason is the low rate of taxes in Portugal compared to France, and the more relaxed, laid back lifestyle that appeals to them. They also like the fact that Portugal is a safe country, with a very low crime...
Goldman Sachs Says High Probability of a Real Estate Bubble in New Zealand
Have you considered putting up your properties for sale in New Zealand? Home prices in New Zealand have appreciated considerably in recent years. There is a worry that New Zealand could be sitting on top of a real estate bubble.
This is in fact a point made by Goldman Sachs, who said that there is a 40% chance that the housing market in New Zealand will suffer a collapse over the next two years. Goldman Sachs made this prediction is a research paper published recently.
The financial institution reported that New Zealand has the most overvalued...
Transparency a Big Issue in Brazil’s Real Estate Market
Are you wondering if this is the right time to sell your property in Brazil given the recent economic and political troubles in the country? The Brazilian government has been under a lot of pressure to correct the impression that there is no transparency in the country.
The government has been working hard to cut down corrupt practices in the economy as well as in the real estate sector, where a web of secretive companies operate and indulge in speculative investments.
Brazil is learning how to deal with this issue from the British government....
New Regulation Gives Hope to Many Expat Homebuyers in Malaga
Are you planning to sell your villa in Malaga, Spain fast? Malaga has a large British expat community and is one of the most popular regions in Spain.
Malaga is entirely dependent on tourism. The Malaga International Airport is the fourth busiest in Spain and receives millions of visitors every year. Many British expats have put up their properties for sale in Malaga, Spain because of Brexit and other reasons.
Indeed, British expats suffered greatly in Malaga in the aftermath of the 2008 Spanish real estate crash, which was brought about...
Morocco Property Market Outlook for 2017
Do you have a property for sale in Morocco? Morocco is one of the most popular tourist destinations in North Africa. Tourism is big business here. Recently, the country has been figuring more and more in the overseas property market, which is good to see.
Morocco certainly has a lot of potential for the future, and it’s not a bad time to buy property in Morocco online, if you feel up to it. A number of real estate projects have come up this year in Morocco and more are expected to come up over the next few years. The country is fast...
Germany Emerges as the Real Estate Powerhouse of Europe
2016 was a very eventful year in global politics and 2017 has kept pace so far. The Brexit vote of June 23, 2016 was followed by the invocation of Article 50 by the British government on March 29, 2017. This has grave implication not just for the UK, but for Germany as well. So what does this mean for you are planning to sell property in Germany fast in 2017?
Germany is expected to emerge as the powerhouse of Europe, economically and politically. Britain’s withdrawal from the European Union has certainly pushed the German Chancellor...
Effect of the Ratings Downgrade on South Africa’s Real Estate Market
Are you planning to sell your property in South Africa fast? South Africa has been through serious economic troubles recently. The country has a lot of potential but in recent years has seen a lot of political and economic turbulence.
The biggest blow to South African economy in recent times was the rating downgrade of the South African sovereign debt to “sub- investment” status. The question is what does this mean for you if you have a property for sale in South Africa.
First, it is important to note that the rating downgrade...
Valencia Symbolises the Revival of the Spanish Property Market
Do you have a property for sale in Valencia, Spain? Valencia is the third biggest city in Spain, which was hit very badly by the economic recession that followed the global housing crisis of 2008-09.
This was followed by severe austerity measures imposed by the Spanish government, a massive unemployment problem and repossession of tens of thousands of properties by banks for failure to pay back loans.
Now, though, things have changed for the better. If you’re someone who is looking to sell property in Valencia, Spain online...
Property Market in Canary Islands Remains Resilient Despite Brexit
According to a recent article published in El Pais, the Spanish government is worried about the consequences of Brexit to regions such as the Canary Islands, where the economy largely depends on British tourists and expat community. Could Brexit have an impact on the housing market here? Should that be reason enough for you to sell your villa in Canary Islands, Spain quick?
There is no question that the demand for Spanish properties from British expats is no longer as high as it was in the early 2000s. According to Professor Jose Luis Suarez...
Huge Demand for Properties in Madrid from Rich Venezuelan Exiles
Do you have a property for sale in Madrid, Spain? There has currently been a lot of demand for apartments in Madrid from rich exiles from Venezuela.
Many Venezuelans who are desperate to get out of their country and escape the economic crisis in their country have been excited by Spain’s Golden Visa program, which has been in place since 2013.
Any non-EU investor who buys properties worth 500,000 EUR is given all the necessary residency permits to stay in Spain, with the hope of getting the Spanish citizenship a few years later....
Cloud of Catalan Referendum Hangs Over Real Estate in Barcelona
There are few cities in the world that are more popular than Barcelona. Almost every foreign tourist who visits Barcelona has good things to say about the place and the people.
The folks here are a decidedly friendly lot, always willing to help out a tourist who is lost or in some kind of distress. It is a culturally vibrant city, considered to be one of the best places to live in the world.
But is this the right time to buy an apartment in Barcelona, Spain? Or should you sell your property in Barcelona, Spain fast, considering the demand...
Brexit Anxiety Hits the Costa del Sol Property Market
With Prime Minister Theresa May finally invoking Article 50 on March 29th, Brexit is now a reality. There is no turning back, and Britain is indeed leaving the European Union, whether one likes it or not. Certainly, for a vast majority of British expats in Costa del Sol this is not good news. Many are now looking to sell property in Costa del Sol, Spain fast in 2017.
The “Brexit anxiety” as one may call it, is particularly acute among Britons who are 55 and above, who were eager to buy villa in Costa del Sol, Spain online. They...