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| Added 02/03/10 |
| World cup hero claims he has lost £600,000 in Spanish property deal |
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Two separate property schemes which have seen British property investors losing their money on developments in Spain and Bulgaria have been making headlines this week.
One of the cases involves 1966 World Cup hero, Sir Geoff Hurst, who famously scored a hat trick in England’s win over Germany... MORE |
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| Added 02/03/10 |
| RICS predicts increase in number of distressed properties coming onto the market |
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| Overseas investors looking to take advantage of lower property prices during the current recession could be attracted to the US and Japan which are set to see the biggest rise in distressed sales in the first quarter of 2010, according to RICS research. MORE |
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| Added 02/03/10 |
| Train is an attractive option for fly to let customers travelling to French Alps |
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French developer MGM has sold all but 12 of the 45 leaseback apartments it has built at Le Coeur d’Or, a residence de tourisme alongside a new cinema and bowling centre in the small Alpine town of Bourg St Maurice at the heart of the Tarentaise Valley. MORE |
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| Added 02/03/10 |
| Last chance to buy a beachfront property investment freehold in St Lucia |
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Fly to let investors are being warned that The Landings, a set of new apartments in St Lucia being launched this month, will be the last opportunity ever they will have to buy a freehold property directly on the beach on the Caribbean island.
Properties so close to the sea are normally only available on a leasehold basis. MORE
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| Added 24/02/10 |
| New property development has ready made packages for fly to let investors |
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Two new developments in the South of France are tailor made for fly to let investors who want their properties fully managed as part of a leaseback scheme together with a guaranteed rental income. There is also the benefit of a full VAT rebate of 19.6 percent on the purchase. Located on the Cote d’Azur and in Provence, the freehold... MORE |
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| Added 24/02/10 |
| Increase in flights to Bodrum will tempt property investors into Turkey |
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| Bodrum Airport is in for a busy 2010 as three major low-cost airlines have all targeted the Turkey destination for an increase in direct services.
Experts believe this will also encourage overseas home hunters and holidaymakers particularly in the current economic climate. MORE |
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| Added 24/02/10 |
| New leaseback scheme for Fly to let owners increases annual rental income by €1,000 |
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Property investors are being offered a new range of leaseback options by MGM French Properties.
Previously only two options were available with residence de tourisme apartments sold by MGM. One meant that owners could enjoy four weeks personal use of their property each year (two weeks in winter and two in summer) by agreeing to leaseback the property during... MORE |
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| Added 24/02/10 |
| Fly to let customers using British Airways could be hit by new strike threat |
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Fly to let customers using British Airways (BA) to get to overseas holiday homes they have rented out are facing another strike threat by cabin crew following a recent Unite union ballot.
Cabin crew, who were members of the union Unite first threatened strike action at the tail end of last year after BA, in an attempt to reduce its debts, announced... MORE
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| Added 17/02/10 |
| Expected cut in holiday spend could drive more towards Fly to Let properties |
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Fly to let holiday owners who promote their properties online could see a boost in bookings this year as more people prepare to cut their traditional holiday spend and look for the best holiday deals they can find on the internet.
The latest e-Customer Service Index (eCSI) survey conducted by IMRG and eDigitalResearch reveals that one in... MORE |
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| Added 17/02/10 |
| Fly to let properties ready to rent out on tropical island in the Philippines |
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| Not many fly to let property investors are fortunate enough to own their own private island to rent out.
Pirates of the Caribbean star, Johnny Depp, is said to own an island in the Bahamas; Steven Spielberg reportedly took a shine to the Portuguese island of Madeira and Mel Gibson chose Fiji as his location but they tend to want to keep these private and secluded... MORE |
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| Added 17/02/10 |
| Property investors can cash in on Istanbul’s growing popularity |
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Istanbul is tipped to be the property hotspot within Turkey in 2010 according to international property experts at Experience International.
This claim has been echoed in the latest Emerging Trends in Real Estate Europe Report released last week by PWC and the Urban Land Institute who rank Istanbul, European Capital of Culture, number one in... MORE |
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| Added 17/02/10 |
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French plantation comes with gites for Fly to let guests
A Fly to Let investor can combine a series of gites and cottages to rent with running their own olive grove, cherry orchard and truffle plantation in a secluded part of the Luberon in Provence, France. And the price of the whole estate has just been cut from €8,240,000 to €4,935,000. MORE
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| Added 09/02/10 |
| Short breaks take a dive but there is good news on the way for fly to let owners |
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Short breaks abroad have been one of the sectors hardest hit according to the latest study in holiday habits by market research agency BDRC Continental who conducted the survey amongst 1,005 people.
But the good news for fly to let overseas holiday home owners is that the company predicts there will be a recovery in the... MORE |
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| Added 09/02/10 |
| Silver Coast is an attractive alternative to Algarve says property specialist |
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| A new resort aimed at the lifestyle buyer and holiday home investment market is being developed in Portugal this year.
Silver Coast Heights is near Lisbon on Portugal’s emerging Silver Coast region. The development will contain13 three-bedroom luxury villas with private pool, priced from £428,000... MORE |
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| Added 09/02/10 |
| House prices still down, but investors see value of overseas properties begin to rise again |
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Bulgaria is among the countries that marked the sharpest fall in residential prices in the third quarter, an international survey shows. Losers on an annual basis include Bulgaria down 28 percent, Russia, down 9.10 percent, the US down 9.4 percent and Thailand down 18.4 percent, according to the latest Global House Price Index from Knight Frank. MORE |
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| Added 09/02/10 |
| British property investors take advantage of discounts in Cyprus |
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British Fly to Let property investors and other foreign buyers taking advantage of discounts being offered by developers has helped Cyprus sales rise by 24 percent year-on-year in January.
The Cyprus property market has suffered from several setbacks during the past two years but a report from the Cyprus Department of Lands and... MORE
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| Added 04/02/10 |
| Specialist draws up list of overseas property investment hotspots for 2010 |
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Property Venture is the latest company to produce a list of destinations it predicts will offer the top overseas property choices for Fly to let investors in 2010. “Like any other investment, putting your money into property involves a balance between risk and reward,” said director Louise Reynolds... MORE |
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| Added 04/02/10 |
| Property investment identity theft a growing problem in Spain |
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| Identity theft is one of the fastest growing areas of criminal activity. The problem affects businesses and individuals alike but, despite this public concern, the majority of us are still failing to take steps to protect vital information.
While most people associate identity theft with the banking and finance industries... MORE |
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| Added 04/02/10 |
| Fly to let property investors take advantage of low interest rates in France |
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Low interest rates in France are prompting many Fly to let buyers to bring forward decisions to purchase properties in the country before rates increase, reports Validus Financial Services.
The UK based French mortgage broker says people who had felt it wise to put their purchase on hold until late 2010 due to the recession have suddenly realized... MORE |
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| Added 04/02/10 |
| New terminal makes travelling to Egypt more convenient for Fly to let customers |
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Property investors with holiday homes for rent in and around The Red Sea resort of Hurghada in Egypt will be buoyed by an announcement that there are plans for a new terminal at the international airport.
The Civil Aviation Ministry has signed contracts with a Saudi Arabian development group to construct the new terminal which will... MORE
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| Added 26/01/10 |
| Recession has helped create property hotspots claims overseas investment company |
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Although the world of property and investment seemed to have been turned upside down recently; the final year in the noughties produced a plethora of exciting investment opportunities says Property Frontiers.
But the company believes the art of predicting where or where not to invest has changed dramatically over the... MORE |
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| Added 26/01/10 |
| Big savings for Fly to let customers during British Airways sale |
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| Buy to let property owners could see a surge in interest in the coming months when thousands of British Airways Club World and First class seats to a wide range of destinations around the globe are added to the BA Sale.
The Premium Sale, which starts on Wednesday, 27 January, will run until midnight on Tuesday, February 9, and offers savings of up to... MORE |
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| Added 26/01/10 |
| Still plenty of positives in 2010 for ‘sensible’ cash rich property investors |
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Cash is still King when it comes to buying fly to let properties in Euros during the current economic climate according to specialists.
Stephen Hughes, associate director at Foreign Currency Direct said: “There are plenty of positives for those looking to buy in Euros going into 2010 after a relatively stable second half of 2009. MORE |
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| Added 26/01/10 |
| A new route for Fly to let customers to get away to Spain |
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Property investors with holiday homes in Spain and South West France are now being provided with another route for customers who prefer to drive rather than fly.
Following the success of the Portsmouth-Santander route, launched in March this year, Brittany Ferries is adding another luxury cruise-ferry to its fleet to provide an additional... MORE
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| Added 18/01/10 |
| Pitiful pound helps Fly to Let buyers and sellers arrive at a good price in Spain |
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The weak pound against the euro can benefit both buyers and sellers in Spain’s property market according to real estate agent Mercers.
The agent admits that at first glance it’s tricky to work out how buying a villa in Spain in 2000 for €122,000 and selling in 2010 for €85,000 can be seen as anything but an unmitigated... MORE |
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| Added 18/01/10 |
| Film star tells property investors how to find ‘Italy all in one place’ |
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| An endorsement from a Hollywood A-lister has helped push a relatively unknown Italian area to Fly to Let property investors into the spotlight.
The region of Le Marche is being promoted by actor Dustin Hoffman who fronted a television and cinema advertisement campaign... MORE |
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| Added 18/01/10 |
| Fly to Let sales boosted by special New Year airline ticket prices |
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New Year sales of airline tickets to America and Malaysia will encourage Fly to Let customers looking to get away to these destinations.
American Airlines is selling tickets from £288. Prices are valid for bookings made by 26 January 2010, and the fares are valid for travel between 6 January – 25 March, 12 April – 30 June and again between 22 August – 30 November. MORE |
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| Added 18/01/10 |
| Fly to let news - In brief |
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Big jump in house price confidence says Worldwide Property Group
Figures from the Worldwide Property Group have revealed a big jump in house price confidence during December.
The company’s monthly confidence tracker survey shows that more people now expect prices to rise than at any time since the survey was introduced in... MORE
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| Added 07/01/10 |
| Rental income of around €2,500 at the height of ski season |
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FRENCH developer MGM has started building work on some new homes in the heart of Chamonix, a historic old French town which is only an hour from Geneva airport making it an attractive proposition for rental potential.
Designed in the classical Belle Époque style, the five-storey building – Les Jardins d’Astoria... MORE |
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| Added 07/01/10 |
| Foreign investment in property made easier through management lease scheme |
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| HOTEL-operated five star apartments with ski in/ski out facilities are being developed by French Developer, Garrigae Resorts, in the Swiss resort of Les Masses, which is linked with Verbier. Property buying legislation makes it difficult for foreign investment particularly in the federal state of the Valais but freehold purchase at Les Mayens D’Hérémence is available... MORE |
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| Added 07/01/10 |
| A destination for all seasons in Italy |
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It may seem a little surprising to talk about having a holiday home in Southern Europe in order to enjoy some good skiing, especially if we are talking about Italy but in fact, if you are in the North, including Northern Tuscany (where near Pistoia you can ski in Abetone), you are likely to be only a short drive from some excellent and enjoyable skiing. MORE |
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| Added 07/01/10 |
| Fly to let ski news - In brief |
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Les Gets development offers 4.5 percent rental
income guaranteed for nine years
Les Gets, a 11th century French Alpine village which forms part of the massive Franco Swiss Portes du Soleil ski area, is situated between Lake Geneva and the Mont-Blanc. MORE
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| Added 17/12/09 |
| Long haul holiday homes set to become more popular in 2010 |
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Fly to Let holiday property investors with holiday homes in long haul destinations could see business increase as more Britons look to go further afield in 2010.
Despite tightening the purse strings in 2009, latest research into travel patterns shows that holidaymakers have more confidence in the economy and are willing to fly... MORE |
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| Added 17/12/09 |
| Fly to Let customers await outcome of BA cabin crew’s festive strike action |
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| Fly to Let customers who booked a British Airways flight to get to a Christmas or New Year break between 22 December and 2 January are waiting anxiously to see if the airline can offer alternative flights during the strike voted for by cabin crew through their union Unite... MORE |
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| Added 17/12/09 |
| Serious fraud office investigates Bulgarian property investment loan company |
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Property investors who believe they have been victims of an alleged loans scam involving overseas developments in Bulgaria are being asked to contact the UK Serious Fraud Office to assist with an investigation.
Three men, including an English Lord, have been charged with conspiracy to defraud. MORE |
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| Added 17/12/09 |
| New payments plans launched to entice property investors back to Middle East |
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The Middle East has started a real push to entice new property investors by offering a host of new schemes reports TheMoveChannel.com.
Some of Dubai’s biggest developers are taking action and launching schemes to try and boost investor interest and lure them back into the marketplace. MORE
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| Added 07/12/09 |
| Investors who used Sterling to buy property overseas are now better off |
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British people who bought overseas properties in second home and investment hotspots without a foreign currency mortgage four years ago will, on the whole have made significant financial gains, despite the recent volatility in global property prices, claims the latest research from the FX team at Close Brothers Limited... MORE |
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| Added 07/12/09 |
| British developers offer property investors alternative payment plans in Turkey |
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| With mortgages for property investors buying in Turkey still both rare and awkward, the British developers of Horizon Sky, Bodrum, have taken matters into their own hands.
Buyers can now take advantage of a 20-year non-status interest-free payment plan which could see purchasers get the keys to a contemporary apartment for just £208 per month... MORE |
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| Added 07/12/09 |
| Live event attracts property buyers and sellers |
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A Place in the Sun auction of Spanish property is taking place on Sunday, 13 December 2009 at London’s Radisson SAS Portman Hotel, W1.
The auction of key-ready properties on the Costa Blanca, Costa del Sol and Costa Calida will see around 60 lots brought to market at discounted prices of up to 50 percent and in some cases with no reserve price. MORE |
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| Added 07/12/09 |
| UK ownership of overseas holiday homes has grown by 89 percent since 2001 |
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Financial plans for the future may have been put on ice by many people in the current economic climate, but the British dream of a owning a 'place in the sun' has not thawed - despite increased anxiety about possible risks attached, according to new research from Mintel. Mintel's research revealed that as many as 6.5 million Brits... MORE
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| Added 26/11/09 |
| New flights to Turkey will provide a boost to property investments |
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Plans by low cost carrier Pegasus Airlines to expand its schedule of flights to Turkey next year will bring added value to overseas property investors believes one of the developers in the country.
The proposed services include flights from London to Istanbul, Bodrum, and Dalaman, Manchester to Antalya and Dalaman, plus Birmingham to... MORE |
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| Added 26/11/09 |
| Fly to Let customers will be more knowledgeable and more adventurous |
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| Fly to Let holiday home owners will be dealing with a new breed of customer in the future according to Amadeus, the provider of technology and distribution solutions to the travel and tourism industry.
A recent survey by the company has identified... MORE |
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| Added 26/11/09 |
| World tourism ministers attack government decision to increase air passenger duty |
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Fly to Let owners who fear their bookings could be affected by the Government’s decision to raise the tax on air travel with the introduction of the air passenger duty (APD) have gained allies in the form of tourism ministers from around the world. MORE |
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| Added 26/11/09 |
| Overseas property investors will benefit from new Cape Verde fast ferry |
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The new fast cross island ferry service due to launch next summer will be a massive boost to the Cape Verde property and tourism industry, according to the islands’ leading real estate agent Noscasa.
The competitively priced service run by Cape Verde Fast Ferry will link all nine inhabited islands and will open up a whole new... MORE
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| Added 16/11/09 |
| New Rent2Buy concept is a win-win deal for everyone claims agents |
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With Fly to Let property investors hesitating and vendors despondent, estate agent Mercers has launched a new concept in Rent2Buy in Spain which it claims bridges a win-win gap between the two.
Jason Báez Sulsona, Property Consultant for Mercers’ Jerez office, explained: “The two key stumbling blocks for today’s Spanish househunter are... MORE |
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| Added 16/11/09 |
| ‘Healthy’ tourists prefer holiday homes to hotels |
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| Fly to Let holiday owners with properties in Europe could attract more customers looking for ‘healthy’ tourism.
According to the Portuguese National Tourist Office and the Portuguese Chamber of Commerce in the UK, health and wellbeing tourism is on the rise and is expected to increase by 5-10 percent by 2015. MORE |
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| Added 16/11/09 |
| French Riviera maintains interest from overseas investors |
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The French Riviera has inspired many great artistes such as Renoir, Picasso and Matisse and Nice, the region’s capital, is undoubtedly one of the most picturesque cities in France.
This combined with its culture, gastronomy, history, climate, miles of beaches and excellent transport links make it a desirable year round destination for tourists. MORE |
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| Added 16/11/09 |
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Get online at US airports for free with Google
People travelling to and from Fly to Let holiday homes in America over the Christmas and New Year period will be able to get online for nothing at several US airports thanks to Google. The internet company has teamed up with Boingo Wireless, Advanced Wireless Group, and... MORE
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| Added 10/11/09 |
| Mood among global property investors has 'perked up' says RICS survey |
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The latest RICS Global Property Survey published recently is noticeably more upbeat than the second quarter report both in terms of the lettings environment and investment activity.
Confidence in the outlook for tenant demand over the next three months is either less negative or more positive than was previously the case in every region of the... MORE |
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| Added 10/11/09 |
| Jump in numbers of people looking to invest in property |
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| New figures from the Worldwide Property Group have revealed an increased desire amongst the general public to purchase property.
The company’s monthly confidence tracker survey shows that those people who say they are benefiting from lower interest rates has risen from 62 percent in September to 67 percent in October. MORE |
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| Added 10/11/09 |
| Property professionals gather for gala awards dinner |
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Hundreds of property professionals from Arabia’s most prominent companies gathered at a high profile gala presentation dinner at the Madinat Jumeirah in Dubai recently.
They were there to hear the results of the Arabian Property Awards 2009 in association with CNBC Arabiya. MORE |
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| Added 10/11/09 |
| Fly to let homes in the snow go on sale in French ski resorts |
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London-based property Unique Living is handling a new portfolio of around 100 luxury re-sale ski chalets and apartments in the French resorts of Courchevel, Megève, Mèribel and Val d'Isère.
For Fly to Let investors looking to move into or increase their property portfolios, the company believes these resorts are among the best in... MORE
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| Added 03/11/09 |
| New partnerships form as interest from property investors in France grows |
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Fly to Let investors looking for properties in the French Alpine property market are being offered the chance to take advantage of new partnerships between A Place in France Ltd, a UK specialist in the off-plan sale of properties, and two other French specialists. The UK specialist in the off-plan sales of properties has signed... MORE |
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| Added 03/11/09 |
| Discounted properties offset exchange rate concerns on Costa Cálida |
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| While Fly to Let property investors may have dried up on other Spanish Costas, there has been no shortage of buyers on the Costa Cálida who are looking to take advantage of the bargains on offer, claims the estate agency Mercers. MORE |
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| Added 03/11/09 |
| Pensioners stabbed to death at their Kenyan holiday home |
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Police are investigating the death of a British married couple who were in the process of building a holiday home by the coast in Mombasa in Kenya.
Pensioners Norman and Rita Joel from Essex were killed during what appears to have been an attempted robbery. Two people had been arrested. MORE |
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| Added 03/11/09 |
| Ryanair launches new route between Edinburgh and Bordeaux |
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Fly to let owners based in Scotland with properties in the French region of Bordeaux will be able to take advantage of a new route from Edinburgh being offered by Ryanair starting on 17 December.
Ryanair’s Ken O’Toole said: “Ryanair is delighted to join up with Bordeaux Airport to finally bring really low fares, competition and choice to consumers. MORE
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| Added 27/10/09 |
| Invest in a multiple award winning eco property on the Algarve |
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The eco-resort AlmaVerde Village & Spa in the western Algarve has picked up another two awards at the Europe & Africa Property Awards 2009 in association with CNBC. This brings the total number of awards won to an impressive 18. The latest awards for their energy saving villas were presented at a gala dinner in London on the 16 October. MORE |
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| Added 27/10/09 |
| French mortgages prove highly attractive to Fly to Let property investors |
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GDP in France rose unexpectedly by 0.3 percent in Q2 2009 making France one of the first countries out of recession in Europe and the OECD reports property specialists Unique Living.
France’s housing market relies heavily on its fixed rate mortgage which makes it less prone to sharp ups and downs. MORE |
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| Added 27/10/09 |
| Property investment for less than £20,000 in popular Egyptian resort |
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The Egyptian resort of Sharm El Sheikh which nestles on the Red Sea Coast is now even more accessible to Fly to Let customers as British Airways (BA) has launched a thrice-weekly direct flights from London Gatwick to the Sharm El Sheikh International Airport. MORE |
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| Added 27/10/09 |
| Property investors will lose out if 'illegal' Spanish developments are demolished |
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A development of Spanish apartments on the Costa del Sol are still being advertised for sale to British property investors even though they are due for demolition, claimed a story last weekend by the Observer. The Banana Beach development in Marbella are one of three holiday home schemes that have been embroiled in a dispute over... MORE
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| Added 21/10/09 |
| Abolition of Spanish tax relief could affect investments in the future |
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It is anticipated that Fly to Let investors buying holiday homes to rent out in Spain will not be affected tax wise by the Spanish government’s plans to abolish mortgage tax relief from the beginning of 2011 as it will only affects primary residences. However, the latest move could eventually be detrimental to the property market in general as... MORE |
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| Added 21/10/09 |
| France tops European list for quality of life |
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| Fly to Let property investors may be tempted to eventually live, as well as rent out properties, in France following a new survey which puts it at the top of the European list of countries for quality of life.
The survey comes on the back of another recent report which showed that mortgage demands for properties in France are on the rise. MORE |
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| Added 21/10/09 |
| Fly to let customers conned by internet fraudsters |
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The holiday home property market in Cyprus, which is already suffering from the delay in title deeds crisis, has now been hit by a scam currently being investigated by British police officers.
The alleged fraud, which has also affected part of Spain, is believed to have affected hundreds of holidaymakers who were conned into paying rent for villas that didn’t actually exist. MORE |
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| Added 21/10/09 |
| Florida is ripe for Fly to let investment |
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Florida is currently one of the three best destinations for property investment says Property Frontiers. The firm believes that the changes the downturn has made to the mindset of investors has combined with the effect it has had on the Florida property market, to make Florida property investment both a good idea and a very popular one... MORE
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| Added 14/10/09 |
| Traditional hot spots top overseas property investment list |
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British buyers are sticking to the more traditional overseas locations in the current economic climate, especially those with history of providing good rental returns claims Conti, the UK based overseas mortgage specialist. According to the company’s latest 'hot spots' report, France is in top spot by accounting for 31 percent... MORE |
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| Added 14/10/09 |
| New flights are good news for overseas property buyers |
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| Madeira, 1000 km over sea south-west from Portugal's capital Lisbon, is famous for its sweet wine which was a staple purchase for exploring ships on route to the New World hundreds of years ago.
Today this autonomous region of Portugal still pulls in the crowds seeking that taste of the rich liquor coupled with the relaxed and warm Mediterranean climate. MORE |
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| Added 14/10/09 |
| Favourable buying conditions attract overseas investors to property show |
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Fly to Let overseas property investors were among the crowd which headed to the A Place in the Sun Live show at Birmingham’s NEC last weekend.
The show drew an attendance of 3,891 visitors and the organisers believe the audience was conscious of the favourable buying conditions and as a result came to the NEC better prepared and further ahead with their plans to purchase abroad. MORE |
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| Added 14/10/09 |
| Superior homes still available to fast acting overseas property investors |
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Fly to Let property investors who are willing to make a quick commitment can still pick up superior homes at a bargain price in popular destinations such as France and Spain.
Although France recently officially came out of recession there are still some properties on the French Riviera where prices have been reduced by... MORE
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| Added 06/10/09 |
| MENA property investors have a more positive outlook |
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Middle East and North Africa (MENA) region property markets have seen a marked improvement in sentiment, according to findings from the third annual Real Estate Investor Sentiment Survey, an in depth study of real estate professionals conducted by Jones Lang LaSalle in association with Cityscape Intelligence... MORE |
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| Added 06/10/09 |
| Title deeds dilemma costing Cyprus investors millions |
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| The problems surrounding the delay in processing title deeds in Cyprus was raised once again by the country’s Interior Minister Neocles Sylikiotis at a recent Real Estate Conference.
He told delegates that the 100,000 plus deeds snared in the system was tarnishing Cyprus’ reputation among foreign investors and that for every 10,000 title deeds still pending, the state lost an estimated €100 million in lost revenue. MORE |
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| Added 06/10/09 |
| Guaranteed returns for Irish overseas property investors |
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Ireland is now in a prime position for carefully selected property investment, according to investment specialists Assetz, following a long period of over-inflated prices impacting heavily on returns. With the focus now firmly on sustainable high income as opposed to growth, property investors with a long-term view are beginning to seek a return to the Emerald Isle, where yields have reached new heights as house prices have fallen. MORE |
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| Added 06/10/09 |
| Overseas buyers panic buy currency as sterling falls |
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People who need to buy foreign currency because they are purchasing overseas property are bringing forward their purchases of euros and dollars because they fear that the value of sterling could fall even further, reported a currency trader in a recent article in The Telegraph. MORE
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| Added 29/09/09 |
| Spanish property investors must repel pirate tenants |
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There has been a substantial increase in Fly to Let landlords in Spain experiencing problems with bad tenants and the eviction process due to ‘pirate tourism’ according to Paragon Advance España.
The company, which is part of the Paragon Advance group which offers tenant referencing and rent warranty in Spain... MORE |
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| Added 29/09/09 |
| Tropical destination back on the overseas property investment map |
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| CAPE VERDE has survived the property slump and confidence in the paradise archipelago is returning, according to one of the islands’ real estate agents.
Noscasa is experiencing a steady rise in activity from UK buyers looking for an affordable property in one of Europe’s most easily accessible tropical destination. MORE |
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| Added 29/09/09 |
| Guaranteed Fly to Let rental income next to UNESCO national park |
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Skirting the boundary of the wetlands reserve Doñana National Park in Spain, Agua y Vida is expected to be the best and the last resort in Matalascañas.
Occupying the final plot of developable land in the area, Agua y Vida is offering guaranteed rental yields to Fly to Let buyers. MORE |
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| Added 29/09/09 |
| Rare Fly to Let investment opportunity in historic French ski resort |
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Despite the current economic climate, off-plan buyers have already snapped up half of the new apartments being built by developer MGM in the historic Alpine area of Chamonix.
Designed in the classical Belle Époque style, the five-storey building, Les Jardins d’Astoria... MORE
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| Added 21/09/09 |
| Spanish Fly to Let bargains available but professional investors wait for prices to fall further |
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Holiday home buyers are finding Spain now offers the best value for money for more than 10 years, reports Assetz plc, the property investment and development specialists.
Enquiries to Assetz Spain have jumped 150 percent in the last three months, and many of these enquiries are from people looking for the opportunity to buy a holiday home at... MORE |
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| Added 21/09/09 |
| Bailiffs serve bankruptcy papers on banned director involved in Fly to Let deals |
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| An investigative journalist recently joined bailiffs making an early morning call on a property agent accused of reneging on a series of Fly to Let deals in Cyprus.
Andrew Penman, who writes for the Daily Mirror in the Penman and Sommerlad Investigate column, was on hand to witness the bailiffs serving bankruptcy papers on twice-banned company director Andrew Nolan. MORE |
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| Added 21/09/09 |
| Property investors offered 100 percent mortgages on Costa de la Luz golf resort |
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An established Spanish development company is offering what it claims to be its best offer to date in an attempt to stimulate sales of its new and completed properties on the Costa de la Luz.
The company is offering ‘no money down’ 100 percent mortgages at Hoyo 14, a golfside townhouse development where prices start at €205,500. MORE |
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| Added 21/09/09 |
| Rental income ‘tax holiday’ and new flights boosts St Lucia Fly to let property market |
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New flights to St Lucia, starting this autumn from the UK, USA and Germany will provide a significant boost to Fly to Let owners and on-island property builders.
The developers of The Landings, a luxury development based around a private yacht harbour near Rodney Bay believe it will increase demand for holiday lettings and... MORE
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| Added 15/09/09 |
| Property prices worldwide show signs of stabilisation |
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Global housing markets are showing signs of a tentative recovery with values increasing in almost half of the countries which reported prices for Q2 2009. These were the findings of the latest Knight Frank Global House Price Index. The report found that Israel remains the top performer over a 12 month period with prices increasing 12.5 percent. MORE |
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| Added 15/09/09 |
| Property investors get ‘barefoot luxury’ on island of St Kitts |
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| As well as the usual attractions Fly to Let investors can get on the picturesque island of St. Kitts in the West Indies, those looking to buy in the new Christophe Harbour development have the added benefits of a marina village, a Tom Fazio 18-hole golf course, luxury residential real estate, a private yacht club, beach clubs, restaurants and shops. MORE |
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| Added 15/09/09 |
| Wheel turning back in favour of Spanish property claims specialist |
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Brand new properties which together are worth almost €5 million have been sold in the Almeria region of south-east Spain in the past three months by the Cheltenham-based Almanzora Group.
The achievement, described by the company as a turning point in recent market conditions, comprises sales of 12 properties – a mix of good quality individual villas. MORE |
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| Added 15/09/09 |
| Property investors offered chance to slide into new ski development |
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Fly to Let property investors will soon have a chance to buy into a French Alpine village that is tipped to become one of the world’s biggest ski areas with more than 600 km of linked ski slopes.
French developer MGM has unveiled plans for a development of 117 new ski-in/ski-out apartments for outright purchase close to the centre of... MORE
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| Added 09/09/09 |
| Athens bomb aimed at property not people say investigators |
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Fly to Let owners in Athens will be hoping that the recent bomb that exploded outside the city’s stock exchange will not affect tourists who want to book accommodation in the Greek destination.
An anonymous caller contacted a Greek newspaper to warn them that a bomb had been planted... MORE |
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| Added 09/09/09 |
| Property investors still looking for bargains in France |
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| The organisers of the French Property Exhibition, being held at Olympia, London, from 11 - 13 September are confident of another successful show due to the reaction to a similar event in Harrogate earlier this year. MORE |
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| Added 09/09/09 |
| Fly to Let customers to benefit from more BA routes |
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British Airways will be offering Fly to Let customers a new way of getting to various destinations this winter.
The airline’s new winter schedule will include additional services from Gatwick to Bermuda (from five to six a week), Barbados (from nine to 10 a week) and St Lucia and Port of Spain (from three to five a week). MORE |
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| Added 09/09/09 |
| Recession fails to deter overseas travellers claims 2010 survey |
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Fly to Let owners concerned that the economic downturn could affect future bookings can take heart from a recent survey that revealed a high level of optimism from travellers considering holiday plans for 2010.
The annual trends report recently published by tour operators Thomson and First Choice found that, despite the current economic climate... MORE
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| Added 01/09/09 |
| Lightning Bolt strikes for Fly to Let property owners in Jamaica |
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Fly to Let owners in Jamaica who are already benefitting from advance bookings due to the 2010 FIFA World Cup matches being played in Kingston next July have been given another boost by ‘The Bolt Factor’.
Representatives from the Jamaican Tourist industry say they are already seeing more interest from overseas since sprinter Usain Bolt... MORE |
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| Added 01/09/09 |
| Spain remains a firm favourite for a bank holiday getaway |
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| Buy to Let owners have been receiving mixed messages concerning the number of Brits planning to take a trip overseas this Bank Holiday.
According to VisitEngland’s August Bank Holiday Trip Tracker, the number has fallen compared to the last two years. MORE |
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| Added 01/09/09 |
| Property investors follow the sun in Spanish city |
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Customers using Fly to Let properties in Huelva are more likely to be walking on the sunny side of the street following news that the southern Spanish city has been declared the sunniest in the country.
The National Institute for Statistics in Spain recently released a report which ranks Huelva, located at the westernmost tip of the Costa de la Luz. MORE |
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| Added 01/09/09 |
| Property investors given top tips for buying in France |
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France remains one of the most popular destinations for buying property abroad. Investors are attracted by the idyllic countryside, food, wine and café society, plus the easy access from the UK.
But when it comes to property deals it is sometimes hard to understand what appears to be Gallic indifference... MORE
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| Added 24/08/09 |
| Brazil and France aim to tempt property investors back into the market |
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Countries hit by the economic downturn are acting quickly in an attempt to reassure overseas property investors that they are over the worst of the worldwide recession.
In Brazil the OECD is predicting a four percent economic growth in 2010 which led to country’s president Lula da Silva to say: “Brazil is emerging from the crisis, and next year... MORE |
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| Added 24/08/09 |
| Fly to Let in Philippines benefits from huge rise in tourism |
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| Fly to Let owners with properties in the Philippines have seen a 51 percent increase in tourist arrivals for the first quarter of 2009 compared with the same period the year before.
And this comes on the back of a record year in 2008 for the 7,107 island strong archipelago, when the total for the year amounted to 3.14 million tourists. MORE |
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| Added 24/08/09 |
| UK government takes control of Turks and Caicos Islands |
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Property owners in the Turks and Caicos Islands will be dealing with The British Government for the next two years after it assumed day-to-day control of the area amid allegations of corruption in the local government.
A report from the British Foreign Office stated that the government was taking a major step to clean up public life, following a failed legal challenge to the plans by former premier Michael Misick in the UK Court of Appeal. MORE |
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| Added 24/08/09 |
| New property taxes could have negative effect on investors in Egypt |
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Investors with residential properties in Egypt are seeking advice after the announcement that the country plans to introduce new residential and commercial property taxes next January.
Tarek Farag, Head of Egypt's Real Estate Tax Authority, has put forward proposals that Egypt properties valued at one million Egyptian pounds... MORE
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| Added 17/08/09 |
| Bargain prices available to property investors in North America’s top vacation destination |
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The fact that Orlando in Florida is currently North America’s top vacation spot among destinations in US, Canada, Mexico and the Caribbean, according to Forbes Traveler magazine, is one of the reasons there has been an increased demand from foreign property buyers. Another reason is that Florida property prices are currently down by... MORE |
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| Added 17/08/09 |
| Brits not scared off by Spanish bombings claims flight specialist |
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| Fly to Let owners with properties in Spain will be buoyed by a report from travel site Skyscanner that British holidaymakers are refusing to be scared off from their summer holidays to the country despite the recent bombings carried out by the Basque separatist terrorist organisation, ETA. MORE |
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| Added 17/08/09 |
| More ways for Fly to Let customers to get to European destinations |
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Customers of Fly to Let property owners in Europe will be able to take advantage of new flights and some new low price offers being introduced in the coming months.
Ryanair is launching extra flights from Leeds Bradford in March 2010, making the airport its 11th UK hub. MORE |
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| Added 17/08/09 |
| Fly to Let potential grows as Turkey takes a swing at the golf market |
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Properties near golf courses have always been popular with Fly to let investors who are able to take advantage of the enthusiasm for the sport from the British market.
Turkey is attempting to grab its share of this fanaticism by providing its own new courses, many of which have been built to championship level. MORE
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| Added 11/08/09 |
| Fly to Let owners in Majorca affected by bomb attacks |
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Fly to Let bookings to the Spanish Island of Majorca have suffered following several recent bombings in Palma in which two local Civil Guard officers died.
Around 10 million tourists visit Majorca every year and it is a popular summer destination for British holidaymakers. Many cancelled their trips following the bombings... MORE |
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| Added 11/08/09 |
| Government responds to concerns raised by Cyprus property investors |
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| The 2000+ Cyprus property owners who put their names to a Number 10 e-petition asking Prime Minister Gordon Brown to put pressure on the Cyprus Government to protect their rights have now received a reply from the UK Government.
It said: “The Government sympathises with the problems being experienced by property owners in Cyprus. MORE |
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| Added 11/08/09 |
| Favourable exchange rate in Turkey increases interest from Fly to Let buyers |
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A rise in tourism is making Turkey one of the new ‘in’ places to buy a Fly to Let property.
According to Thomas Cook, bookings to Turkey have risen year on year by 28 percent and Skyscanner, the online flight booking website, reports that three of the airports within the country were recently all in the top 10 of searches. MORE |
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| Added 11/08/09 |
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Property investors can hunt out Chateaux in French department
The Dordogne, already popular hunting ground for Fly to Let investors, is also a good place to start for those looking for properties at the high end of the market as it contains 10 percent of all the chateaux in France – around 4,000. MORE
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| Added 05/08/09 |
| Demand for Fly to Let rentals 'is going from strength to strength' |
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As travellers attempt to stretch their holiday pounds further, an increasing number are turning to Fly to Let holiday home rentals for everything from family holidays to reunions and festivals claims one specialist.
In the first edition of its new quarterly Marketplace Report, Holiday-Rentals compares the cost per square foot of holiday... MORE |
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| Added 05/08/09 |
| Property investors rev up their motors in Detroit |
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| Detroit, once the centre of America's automobile industry, is now becoming better known as the ‘property investors dream’.
Hit heavily by the US economic downturn and property foreclosures, Detroit has a large supply of under market value property. MORE |
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| Added 05/08/09 |
| Duo offers French property investors some friendly advice |
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With six years developing in Burgundy under their belt, husband and wife team Su and David Bishop of Arena Park France have acquired some sound advice for Fly to let investors looking to renovate or update a French property.
Su Bishop, an interior designer from London, explains: “When my husband, a carpenter by trade, and I moved to France back in 2003 we made the assumption that we... MORE |
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| Added 05/08/09 |
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Dilemma over Cyprus title deeds rumbles on
There has been a glimmer of hope for Fly to Let owners and property investors caught up in the current Title Deeds controversy in the southern part of Cyprus.
Reports are emerging that the country’s Interior Minister has proposed introducing new legislation to... MORE
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| Added 26/07/09 |
| Rental guarantee for investors taking a slice on new Caribbean golf course |
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Gary Player, recognised as being one of the most successful international golfers of all time, recently visited The Marquis Estate in St Lucia, the Harlequin Hotels and Resort’s new 5 star flagship luxury spa resort currently being planned which will be home to a Gary Player Signature Championship Golf Course and the first... MORE |
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| Added 26/07/09 |
| ASBOMs create more attractive opportunities for Spanish property investors |
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| ASBOM is not another acronym for dealing with delinquent youths. Instead it stands for ‘Almost Sold Back On Market’ property which is now littering estate agents books.
As the financial crisis deepens more sales are stalling at the eleventh hour usually when purchasers have been faced with tricky unforeseen circumstances. MORE |
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| Added 26/07/09 |
| Tarn offers history and gastromy to property investors |
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Developments and rennovations currently underway in The Tarn in France will attract the interest of Fly to Let investors looking for new opportunities.
The Tarn, which rests against the Pyrenean mountains, is close to the cities of Toulouse, Carcassonne and Montpellier. MORE |
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| Added 26/07/09 |
| New St Lucia Fly to Let villas attract advanced rental bookings |
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The renovation of 85 hotel cottages into luxurious state-of-the-art Fly to Let villas at The Tides Sugar Beach resort in St Lucia is progressing on schedule.
Fifteen contemporary colonial-style villas are now finished and are already receiving guests. 37 have been sold to private buyers and more than 50 are expected to... MORE
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| Added 16/07/09 |
| Drop in Spanish property prices and revival of pound adds up to a tempting offer for investors |
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Overseas investors are taking advantage of a situation in Spain which has led to a 38 percent discount in property prices says one of the country’s specialist agents.
Average property prices are down by 20 percent on the western Costa de la Luz. This coupled with the pound making an 18 percent recovery from the start of the year has led to a revival in... MORE |
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| Added 16/07/09 |
| Fly to Let owners hope to score in the 2018 Ryder Cup |
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Fly to Let investors with properties close to the six golf courses in the countries which have announced their intention to bid to host the 2018 Ryder Cup have to wait until 2011 for the final decision to be made. MORE |
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| Added 16/07/09 |
| Quality of life award boosts Fly to Let business in Vienna |
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Fly to Let owners with properties in Austria have seen bookings rise by around 20 per cent this year.
The land of Mozart, Maria Von Trapp and Marie Antoinette has seen a rise in popularity in recent years but it is its capital Vienna which is proving the biggest hit as a holiday destination. MORE |
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| Added 16/07/09 |
| Another investment opportunity on the ‘the Champs Élysées of Annecy’ |
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The completion of a new development of contemporary apartments in the historic and picturesque lakeside town of Annecy in the Haute-Savoie region of France has prompted developer MGM to start work on a similar scheme nearby.
The new development, La Villa d’Artagnan, is located in Rue André Theuriet, just off the... MORE
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| Added 09/07/09 |
| More travellers turn to holiday home rentals |
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An increasing number of travellers are turning to holiday home rentals for everything from family holidays to reunions and festivals.
One of the reasons for this, according to the first edition of a new quarterly Marketplace Report from the website Holiday rentals... MORE |
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| Added 09/07/09 |
| Aquariaz will make French resort all year-round destination for Fly to Let investors |
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Avoriaz, the purpose-built ski resort in the heart of the Franco Swiss Portes du Soleil ski area in the French Alps, is undergoing a €200 million regeneration programme which will give property investors the opportunity to buy new-build property in the resort for the first time in 40 years. MORE |
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| Added 09/07/09 |
| New builds in Italy are more cost effective for investors says property specialist |
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Not all investment property in Italy is wrecks and restoration projects insists one the countries specialist agents.
In fact the brand new homes being built are ideal for Fly to Let investors says Pat Creevy, the MD at Charles Oliver. MORE |
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| Added 09/07/09 |
| Flexibility for Fly to Let investors at new development in Mauritius |
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Organisations connected with Emerald Heights in Mauritius attended a four-day sales and marketing creativity marathon on the Indian Ocean Island recently. 30 representatives attended the conference to discuss the development now under construction in the Mont Blanc Valley. MORE
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| Added 03/07/09 |
| Italian Fly to Let homes built the natural way to save energy |
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Buildings are deemed responsible for more than half the total energy consumption in developed countries and for the production of over half the gases believed to be the cause of climate change.
Therefore, says Realitalia, the lifestyle solution Italian homes company, it is essential to propose new ways of building and living in homes which... MORE |
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| Added 03/07/09 |
| Good weather guaranteed for Fly to Let customers in French grape growing area |
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The Languedoc- Roussillon region annually grows one third of all the grapes produced in France. It also offers the longest naturist beach in the country so good weather is predominant most of the year.
British overseas property investors can now purchase beachside apartments at the picturesque ancient fishing harbour of Marseillan for €120,000. MORE |
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| Added 03/07/09 |
| Property investors have strong feelings for volatile regions |
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Iraq is the number one destination for property investment according to a poll by an on-line property group.
The company believes that with low returns being achieved in the traditional Fly to Let hotspots, investors are turning to other high risk areas.
The figures have been produced by Simplyzigzag’s following its recent poll which was conducted via the company's website over a 12 week period from the 1 March 2009 to the 31 May 2009. MORE |
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| Added 03/07/09 |
| Rock solid rental investments at Ocean Village |
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There has been a huge increase in requests for rental property in Gibraltar claims the sales and marketing director of a new development in the British enclave which is due for completion this summer.
Ocean Village is a mixed-use marina development scheduled to complete in July. All the properties were sold at... MORE
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| Added 26/06/09 |
| Fly to let investors can cash in on overseas weddings market |
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With the cost of a UK wedding spiralling to an average of £20,000 and with increasing numbers tightening their belts at this difficult time, there is a growing numbers are looking towards foreign shores when planning their nuptials.
Recently released figures by consumer, media and market research company Mintel show that one in six British couples... MORE |
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| Added 26/06/09 |
| Pension lottery pushes more people into Fly to Let investments |
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At a time when pension funds are failing to live up to expectations, a growing number of people are deciding to invest in overseas property as their primary investment vehicle to secure their financial futures, rather than relying on what is fast becoming a pension lottery. MORE |
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| Added 26/06/09 |
| Rare opportunity to invest in the Burgundy wine region of France |
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In the famous-name wine villages that line Burgundy’s Côte d’Or, homes rarely appear for sale, but when they do they change hands in an instant.
The Côte d’Or region, which snakes from Dijon south through Beaune, offers up minimal opportunities. This in turn insulates the area from any house price tumbles and this in turn keeps the area interesting for the discerning property investor. MORE |
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| Added 26/06/09 |
| Dubai off plan investors demand full refund over misleading promotion |
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Around 500 overseas property investors in Dubai, who have been buying off plan apartments, could have been misled according to news reports emerging from the UEA.
Further details have been sketchy due to the Dubai government reportedly imposing a news blackout on the issue after some investors... MORE
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| Added 17/06/09 |
| Late demand for flights reflects change in Fly to Let booking habits during recession |
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Fly to Let owners worried about the predicted fall in people taking holidays overseas this year will be please by reports that the cheap flight website Skyscanner saw an unprecedented spike in user traffic last month, reflecting a surge of late bookings which has led to record visitor numbers... MORE |
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| Added 17/06/09 |
| Deadline is looming for claiming tax rebate on European Fly to Let investments |
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The National Association of Estate Agents (NAEA) has joined the growing list of property specialists urging Britons who let out their European holiday homes to claim a retrospective tax break. Previously the tax rebate was reserved for owners of UK-based holiday lets. MORE |
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| Added 17/06/09 |
| Cyprus property investors face battle to prove home ownership |
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Around 30,000 British property investors in Cyprus could face an expensive and protracted legal battle to prove they own their homes.
Hopes had been raised that new legislation affecting the Mediterranean island, recently outlined by the Cypriot government. MORE |
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| Added 17/06/09 |
| ‘Exciting investment opportunity’ in French capital |
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The price of apartments in Paris rose by 10 percent at the tail end of last year despite the global credit crunch, according to a report by the Notaire de France. The commuter towns surrounding Paris, such as Orleans, Tours and Reims, also saw an increase in house prices of 10.5 percent. This rise, believe some property experts, is due to a raft of laws brought in by French President... MORE
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| Added 11/06/09 |
| Flight price and airport convenience top list of important factors for Fly-to-Let customers |
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Flight price is far and away the most important factor for British travellers when choosing an airline, a new poll from cheap flight site www.Skyscanner.net has revealed.
Despite significant investment by many airlines in initiatives such as customer loyalty programmes, brand-building and improvements to the.... MORE |
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| Added 11/06/09 |
| What a difference a year makes to overseas investors |
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A comparison of eight prominent countries where the British traditionally buy holiday homes reveals that four have seen property price falls of as much as 30 percent in the last 12 months, and all have seen mortgage costs reduced by up to 56 percent, despite the dramatic fall in exchange rates over the same period... MORE |
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| Added 11/06/09 |
| US Fly to Let owners benefit from Visa Waiver Program expansion |
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The Travel Industry Association (TIA) has welcomed the official expansion of the Visa Waiver Program (VWP), which is estimated to bring approximately one million new visitors to the United States annually.
Overseas visitors to the United States spend more and stay longer than other travellers. MORE |
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| Added 11/06/09 |
| Brazil’s tourism plans create ‘immense potential for rental income’ |
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The huge influx of visitors to the Natal region of Brazil makes now an excellent time to invest in a Fly to Let property. And potential for rental income is immense says an overseas investment specialist.
Brazil currently has the 10th largest economy in the world with a National plan for tourism to attract... MORE
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| Added 02/06/09 |
| Vineyard homes snapped up by overseas investors |
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French Developer, Garrigae Resorts, has completed a 20 acre vineyard development and spa, ‘Les Jardins de St Benoît’, Languedoc. It includes 171 townhouses and villas inspired by the traditional architecture of the region.
Les Jardins has proved popular with Fly to Let investors in Britain, Ireland, Hong Kong and Belgium... MORE |
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| Added 02/06/09 |
| New payment plan for investors on Greek Island |
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Overseas property investors are being offered a new payment option on a Greek property development which allows them to invest a 15 percent deposit and then pay nothing more for a year.
Halcyon Hills is a five star resort on the Greek island of Samos which has been tipped to be one of the finest resorts in the North Aegean. Facilities include a spa... MORE |
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| Added 02/06/09 |
| New film could help fly to let owners win more business on Loser Mountain |
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Oscar-winning actor Nicholas Cage has been on set in Austria filming scenes for his new movie ‘Season of the Witch’, due for release in 2010.
The Loser Mountain, home of the new Hagan Lodge ski resort from AlpenParks, is one of the key locations for the film which chronicles the journey of 14th century knights and a young girl suspected as the witch guilty of spreading the Black Plague. MORE |
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| Added 02/06/09 |
| Turkey's future expansion makes now a good time to invest in property |
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Emerging Europe, one of the regions hardest hit by the global financial crisis will, probably post ‘high’ growth rates at the early stage of recovery, according to the Bank of America-Merril Lynch.
David Hauner, a London based economist specialising in emerging Europe, Middle East and Africa believes some countries, such as... MORE
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| Added 26/05/09 |
| Windfall for Fly to Let property investors in Europe |
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Fly to Let landlords who rent out holiday homes in Europe are set for a surprise windfall as changes announced in the Budget could allow them to claim millions of pounds in tax rebates, according to Target Chartered Accountants.
In certain circumstances, landlords may now be able to offset any losses they have made on their property... MORE |
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| Added 26/05/09 |
| Rental demand outstrips supply in Brazilian beachside village |
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A combination of soaring popularity and stringent planning regulations have previously meant there were few opportunities for Fly to Let investors to purchase properties in the Brazilian beach side village of Pipa.
But the acquisition of a site once occupied by a tumbledown villa is allowing www.uv10.com to offer the chance to own rental property right by the main beach. MORE |
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| Added 26/05/09 |
| Former banker invests his redundancy package in Italian property |
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When Kent based banker Tony Manzi took a redundancy package in 2004, he needed somewhere safe to invest the lump sum as security for his wife Christine and daughter Jennifer.
While watching ‘I Want That House’ the TV series based on overseas homes, his attention was drawn to a fairly new complex situated near Metaponto, Basilicata, and he decided to invest €98,000 in one of the properties. MORE |
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| Added 26/05/09 |
| New villas will appeal to golf fans |
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Fly to Let investors are being offered a 6 percent rental guarantee for two years on the new contemporary semi-detached and detached villas in Belek, Turkey.
The development of eight villas, each with a private heated pool and garden area, will be of particular interest to golf lovers as it is within reach of several championship courses... MORE
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| Added 18/05/09 |
| Gibraltar prepares for invasion of investors after income tax hike |
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British overseas investors who now fall into the government’s 50 percent rate of income tax following the recent budget are now looking at moving their money into Gibraltar claims one property specialist.
Brian Stevendale, Sales & Marketing Director of Ocean Village, a mixed-use marina development, says his phones began... MORE |
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| Added 18/05/09 |
| Fly to let owners in non-euro destinations benefit from current economic climate |
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Fly to Let owners will be studying trends to see how the current economic slow down is going to affect their rental opportunities in the normally busy summer holiday period.
An indication of possible winners and losers has been compiled by the cheap flight site Skyscanner. Its figures show that anti-eurozone sentiment is strong among British holidaymakers who it seems are increasingly looking to non-euro destinations for their summer breaks this year. MORE |
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| Added 18/05/09 |
| Investors could be tempted by rental opportunity from French renovation project |
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An overseas investor is being offered a renovation project in the Mayenne in the Pays de la Loire region for the bargain price of €66,000.
The French Estate Agents, the company marketing the property, claims that the new roof alone would cost that much if you tried to build a similar house yourself and that the finished project will provide. MORE |
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| Added 18/05/09 |
| Investors in Spain want a Rolls-Royce type property for a Ford Escort price |
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Spain is selling well to those looking around £350,000 and over but those seeking to invest in the lower price range seem to have a penchant for expecting a Rolls-Royce style property whilst paying a Ford Escort type price says Pat Creevy, MD at Charles Oliver, a property company specialising in quality homes overseas. MORE
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Added 12/05/09 |
| President tells investors he is confident Brazil has an ‘extraordinary’ future |
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Brazil’s President Lula da Silva claims his country is resistant to the economic crisis compared to Europe and the USA.
Lula’s optimism is still growing and he believes Brazil will be able to overcome the international financial crisis in an ‘extraordinary manner’. So what makes him so confident? Lula does acknowledge that Brazil’s... MORE |
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| Added 12/05/09 |
| Updated ski apartments prove popular with investors |
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Although the wintersports season has come to an end in Europe, now is the time to secure a ski property before the next snow falls according to one French developer.
Annecy-based MGM pledged to replace ugly ‘60s- and ’70s-built ski holiday accommodation blocks in Les Ménuires which it regards as... MORE |
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| Added 12/05/09 |
| Eco-tourism expected to grow in Costa Rica |
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Costa Rica has been affected by the global economic downturn, but it has not been as badly hit as many other countries and its prospects remain attractive.
The country still remains popular for second home property investors, particularly those from the US. These investors are attracted by the low cost of living and attractive property taxes. MORE |
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| Added 12/05/09 |
| FCO gives advice to Fly to Let owners in Slovenia |
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The Foreign and Commonwealth Office has updated its information on how to purchase property in Slovenia and it includes the following advice for Fly to Let rentals.
Renting of rooms and apartments for tourist purposes in Slovenia is classed as a business activity which, according to the Slovene legislation, can only be... MORE
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| Added 05/05/09 |
| PGA golf village in Bahamas will put Cat Island on the map for fly to let investors |
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Cat Island is currently one of the most underdeveloped islands in the Bahamas but it will soon be on the radar of overseas property investors looking for opportunities in the area.
The PGA of America and the partners of Cat Island Partners Ltd. broke ground on Friday, 24 April for the first-ever PGA Village to be developed outside of... MORE |
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| Added 05/05/09 |
| Turkish Tourist Board figures show good demand for fly to let properties |
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According to the Turkish Tourist Board 14 percent of the 3,725,000 foreign tourists who visited Turkey in the first three months of 2008 stayed in their own homes and a further 9.8 percent stayed in rented accommodation which suggests a good demand for fly to let properties. MORE |
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| Added 05/05/09 |
| Brazil’s new airport will see property investments soar |
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There has been an estimated 134 percent increase in visitors to Brazil since 2004, and now Fly to Let investors are set to benefit further from the building of the massive new airport, San Gonzalvo, which will be the 4th largest in the world in 2010 when it is scheduled to open. MORE |
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| Added 05/05/09 |
| UAE Prime Minister tells property investors that economy will grow in 2009 |
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Investors with property in Dubai, or who are considerThZx287ing making a Fly to Let purchase, may feel more confident following a statement from HH Sheikh Mohammed bin Rashid Al Maktoum, the country’s Prime Minister and Ruler. He believes that the economic crisis that hit the UAE in the last quarter of 2008 is petering out with the... MORE
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Added 21/04/09 |
| Fly to let owners set to benefit from increase in Turkey tourism |
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Fly to Let investors with properties in Turkey are set to cash in on the increase in popularity of the country as a summer holiday destination.
According to Europe's second largest travel operator Thomas Cook, Turkey is expected to attract thousands of Britons to the non-euro destination in 2009. Turkey’s numerous beach resorts... MORE |
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| Added 21/04/09 |
| Foreign investors given the chance to buy into Spain’s magic formula |
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Costa Ballena in Spain perfectly combines the magic formula of sun, beach and golf according to the Andalusian Tourist Board which masterminded the development at the heart of Spain’s southern coastline. In fact the tourist board claims it constitutes something of a blueprint for holiday resorts of the future and declares it to be one of the most advanced tourist... MORE |
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| Added 21/04/09 |
| Mamma Mia musical hits the right note for property investment in Greece |
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The ‘Feel Good’ film Mamma Mia, featuring songs by ABBA, which was a box office phenomenon, raking in more than £410 million worldwide has created a ‘Feel Good’ factor for property investment in Greece where the movie was shot.
According to The Move Channel, the number of potential buyers viewing property in Greece has jumped by 120 per cent following the... MORE |
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| Added 21/04/09 |
| New retail complex increases investor interest in golf course townhouses |
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The townhouse development of ‘Hoyo 14’, set within Spain’s Nuevo Portil, one of Costa de la Luz’s golf courses, has been elevated to prime real estate after confirmation of a build license for a substantial commercial facility.
With only 33 of the 185 properties remaining for sale and no further phases planned for at least four years... MORE
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| Added 17/04/09 |
| Fly to Let property remains strong feature of investment portfolios |
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Overseas property is still a dominant feature in investment portfolios according to the latest research from the Institute of Financial Planning which indicated that 83.5 percent of IFA clients are sticking to longer term financial strategies in the face of volatile global markets. The survey, conducted by the IFP on Certified Financial Planne... MORE |
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| Added 17/04/09 |
| Investors offered try before you buy rental agreements |
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Owners of some high end overseas Fly to Let properties who are looking to cash in their investment are attempting to encourage sales; they are agreeing a rent period first.
When a potential buyer makes an offer, it is written into the purchase agreement that the buyer will rent for a given period of time. MORE |
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| Added 17/04/09 |
| Property investment specialists disagree over state of market |
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The organisers of A Place in the Sun Live at London’s Earls Court 2 recently, claim the 9,000 people who visited the show indicates that the British desire to buy property abroad remains strong even in financially difficult times. But this claim has been contradicted by the founder of the website look4aproperty.com who says he believes the steady exit of Brits from the overseas property market has now become a mass exodus. MORE |
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| Added 17/04/09 |
| Another €600million investment ensures Spain is not on the wane |
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There has been a lot written about the state of the Fly to Let investment market in Spain recently in light of the weakening of the pound.
But specialists claim recent figures show the Brits enduring love affair with Spanish property does not seem to be abating and another cash injection by the government to boost tourism is expected... MORE
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Added 09/04/09 |
| Quality will bring back UK Fly to Let investors to Bulgaria |
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It is unlikely that Russian investors will be able to fill the gap UK buyers have left in the Bulgarian property market says one of the country’s real estate specialists.
Shtelyan Kalchev, the owner of RE/MAX Connection, has noticed that Russian investors are currently very active in coastal areas but have a long way to go before they catch up with UK... MORE |
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| Added 09/04/09 |
| MGM looks to the ‘green shots’ of recovery for property investment |
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French developer, MGM has announced plans to build new ski-in, ski-out properties in Bisanne 1500, a small hamlet in the Savoie region six kilometres from the family-friendly resort of Les Saisies.
The area is also a popular summer destination and therefore it offers good rental opportunities for Fly to Let investors. MORE |
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| Added 09/04/09 |
| New airport will boost Fly to Let tourism in St Vincent & The Grenadines |
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Construction of the new $178 million international airport on St Vincent & The Grenadines is on schedule to be completed in 2011.
The 32 islands and cays that make up St Vincent & The Grenadines have become increasingly more popular in recent years and the completion of the new international airport will further bolster the rapidly growing tourist industry. MORE |
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| Added 09/04/09 |
| Guardian angels look after vacant property investments in New Zealand |
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Fly to Let investors with properties in New Zealand could get added protection from a new scheme designed to deter squatters, vandals and thieves when their accommodation is empty.
A pilot scheme between police and Housing New Zealand has been launched in the country in which ‘house guardians’ are assigned an empty property on a... MORE
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Added 03/04/09 |
| 'There’s never been a better time to invest in Spain’ says specialist |
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Fly to Let investors can now get a better property deal in Spain than any time in at least the last five years claims on of the country’s property specialists.
Managing Director of GEM Established, Andy Welland, says well-located ready-to-move-in-to properties are selling for up to a massive 50 percent discount off list price. MORE |
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| Added 03/04/09 |
| Italy is the only country that is not ‘in crisis’ says newspaper |
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Rather than leaving money in the bank gaining little interest, Fly to Let investors would be better off buying a property in a stable market like Italy says Linda Travella of Italian property specialists Casa Travella, and media spokeswoman for NAEA International. MORE |
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| Added 03/04/09 |
| A winning formula for successful property investment |
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Following the excitement of Jenson Button’s triumph in last weekends first F1 event of the season, Fly to Let owners with properties close to the Sepang International Circuit in Malaysia will be revving up their rental prices to take advantage of the next race on 5 April. MORE |
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| Added 03/04/09 |
| Higher sea levels threaten Californian holiday homes |
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California has long with popular with Fly to Let investors, but experts have predicted that up to £70.5 billion worth of property in California is at risk of being submerged due to rising sea levels caused by global warming says a report by The Move Channel. It points to surveys by the Oakland based Pacific Institute, an environmenta... MORE
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| Added 27/03/09 |
| European property investors buffeted by the global storm |
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With house prices falling across all European markets by the end of 2008 and prospects for 2009 even gloomier, the revival of European housing relies now on the ability of European governments to cope with the mortgage credit shortage and on the scale and duration of the economic recession, says the RICS European Housing Review 2009... MORE |
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| Added 27/03/09 |
| Dubai off plan 'not dead' |
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Is off plan dead in Dubai? In order to answer this, we first need to understand why so many of us buy off plan in the first instance, says Oliver Hickey Managing Director of Nexus Development Ltd. He said, “In 2000 I was living and working in Spain. During this period there was a plethora of exciting new off plan developments available. MORE |
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| Added 27/03/09 |
| 'Overseas investors are finally getting back to basics' |
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There have been many varied opinions aired on the state of the Spanish Property market recently.
In an attempt to set the record straight, two Spanish property specialists have put together a question and answer report that covers the main areas of concern. Chris Mercer (CM) founded Mercers in 1993 and has over 25 years experience in selling freehold Spanish properties... MORE |
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| Added 27/03/09 |
| Investors can see fully-furnished show villa in western Crete |
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Berkshire-based developer Caversham-Barnes has opened a brand new fully-furnished show villa as a flagship for its rural development of nine new individually-designed two-and three-bedroom homes in western Crete.
They have been designed to match the needs of British Fly to Let holiday home investors who may... MORE
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| Added 20/03/09 |
| Investors told this is the best time to buy – as long as you take a long term view |
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In the current economic climate, the general feeling is that Fly-to-Let investors should be pulling in their financial horns and riding out the storm.
But according to Richard Way, editor of A Place in the Sun, now could be the best time in a generation to buy property abroad. “If you’ve got the cash and you can buy now, you can get... MORE |
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| Added 20/03/09 |
| Overseas investors warm towards 2018 Winter Olympics |
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This week’s news that Annecy in the Haute-Savoie region of France has been selected to compete with Munich in Germany and Pyeongchang in South Korea to host the Winter Olympics in 2018 means that British investors could soon be ‘going for gold’ in the race to secure properties tipped to soar in value in the run-up to the event. MORE |
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| Added 20/03/09 |
| Famous climber’s house goes under the hammer |
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Fly to Let investors waiting to make a bid on the former home of legendary climber Sir Edmund Hillary in the exclusive neighbourhood of Remeura on New Zealand’s North Island, could be thwarted by a local history group.
The Remuera Heritage Society is racing against time to save the property and turn it into a museum for the nation to enjoy before it goes to auction... MORE |
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| Added 20/03/09 |
| Sail away with a free boat when you invest in a Greek apartment |
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Fly to Let buyers investing in one of the three-bedroom villas at Halcyon Hills, Samos, Greece are being offered an unexpected bonus - a free Fairline Targa 38 Express Cruiser.
Samos is a favourite stop off for the yachting fraternity in the Mediterranean. The island already benefits from a new state of the art... MORE
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| Added 09/03/09 |
| P&V beats credit crunch fears with increased profits |
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Holiday home developer and manager Pierre & Vacances has bucked the trend with a 6 per cent increase in profits.
Eighty percent of new P & V clients are investors looking to benefit from really low French mortgage interest rates according to Nick Leach, the French company’s head of international sales. MORE |
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| Added 09/03/09 |
| Property investors’ money as ‘safe as houses’ |
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Snobby Homes is a new name to the overseas development market offering Fly-to-Let buyers value for money homes in some of the most beautiful locations in North West Crete.
For around £100,000 investors get a new property which comes with everything from the furniture to the bedding, the kitchen toaster, cutlery and, claims the company, no hidden extra... MORE |
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| Added 09/03/09 |
| Earls Court hosts A Place in the Sun Live |
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There will be thousands of overseas properties for sale from less than £20,000 to over £1 million at A Place in the Sun Live at London’s Earls Court (3-5 April).
Properties on offer include new apartments and developments, off-plan developments, houses, villas and unique character properties. MORE |
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| Added 09/03/09 |
| Speedy recovery in global housing markets unlikely |
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The collapse of the world’s housing markets is still accelerating according to the Global Property Guide’s latest survey with only Germany and Switzerland achieving a positive momentum in 2008.
Many house-price falls during 2008 were extremely severe. Countries with house price falls of over 10 percent were Latvia (Riga), 37 percent), Lithuania (Vilnius)... MORE
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| Added 28/02/09 |
| Investors invited to sample boutique condominium resort in Brazil |
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A Brazilian agent is offering Fly to Let investors a ‘try-before-you-buy’ special offer in Pipa’s Morada dos Ventos.
This boutique condominium resort is complete, open for paying guests and has one bedroom penthouses available from around £59,907. At Morada dos Ventos ‘hassle-free holiday ownership’ is the mantra. MORE |
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| Added 28/02/09 |
| Online bank makes moving money easier for overseas investors |
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Online payments provider Ivobank has launched a new product to help make it cheaper and easier for overseas property owners to pay bills and transfer money abroad.
The UK-based online bank’s International Money Transfer service offers what the company claims is a very low cost alternative to transferring funds and paying bills abroad. MORE |
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| Added 28/02/09 |
| Leaseback schemes now available on Swiss properties |
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Switzerland is taking a leaf out of its French neighbours’ book by opening its doors to ‘residence de tourisme’ style investments and ‘leaseback’ formula.
Up until now it has been notoriously difficult for foreigners to invest in Swiss property, but the government is now encouraging Fly to Let buyers to purchase holiday homes in the Alps. MORE |
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| Added 28/02/09 |
| Speedy construction work leads to soggy problems for investors in sunny Spain |
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The last decade has seen a construction boom in Spain which has helped fuel the Fly to Let investment market. Not many of the proud new owners of these properties would have even considered that damp could become an issue in their home; surely not in a brand new construction in one of the warmest and driest climates in Europe? MORE
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| Added 20/02/09 |
| Overseas property experts draw up new regulations to help Fly to Let investors |
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Key figures from the overseas property industry gathered in the heart of London last week to create tighter regulations, and make Fly-to-Let buying a stress free and safer process.
There have been several recent property scandals which have brought losses of millions of pounds to British investors... MORE |
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| Added 20/02/09 |
| Bodrum gets ready for first direct flights |
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Easyjet is to start running new direct flights from London to Bodrum from 23 April. The new flights are to run three days per week - Mondays, Thursdays, and Saturdays. These will then become the first direct flights from London to Bodrum.
The news follows the recent announcement that major airline Pegasus are to run new flights to from London to Bodrum via Istanbul... MORE |
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| Added 20/02/09 |
| Tee time for investors on Turkish golf complex |
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Fly to Let investors looking to benefit from the continuing popularity in golf breaks have a chance to buy into the first Golf and Residential Development in Turkey.
Elite Homes is marketing Kusadasi International Golf Resort. The area has experienced explosive growth in the last 20 years and foreign buyers have increased rapidly with over 2,500 resident visas held by... MORE |
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| Added 20/02/09 |
| REPA aims to rebuild confidence in Dubai property investors |
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Fly-to-Let investors who have lost confidence in buying off plan in Dubai in case the developer goes bust on them are being given help by the Real Estate Regulatory Authority (RERA).
The Dubai property sector has been boiling over in recent years, fuelled largely by foreign investors desperate to get a slice of the action in one of the... MORE
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| Added 12/02/09 |
| Invest in Egypt for a fraction of the cost |
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The recent rise in popularity of Egypt as a holiday destination among Britons has been attributed to a unique combination of factors such as the amount of investment the nation has consistently been ploughing into the upgrading and promotion of its tourism product, and the fact that Egypt lies firmly outside of the more expensive eurozone... MORE |
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| Added 12/02/09 |
| Investors invited to get a place on the Plazza in French Alpine village |
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Guaranteed rental returns of up to 4 percent for 20 years are being offered to Fly-to-Let investors on properties in the chic French Alpine destination of Courchevel.
Located at Courchevel 1650, ‘Courchevel Plazza’ will feature 60 properties with prices starting from €297,300. Purchasing under a leaseback scheme, buyers will benefit from guaranteed rental returns, a full in-house property management programme... MORE |
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| Added 12/02/09 |
| Expert advice helps smooth the path to buying an overseas investment |
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With more UK investors being tempted into the Fly-to -Let market, a foreign exchange specialist is warning that the road to buying property abroad can be a tricky one to navigate.
No.1 Currency says there are many factors to take into consideration before final agreements can be made and getting it right requires a lot of research into location, property, budgets and payments, as well as an understanding of local rules, regulations and taxes. MORE |
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| Added 12/02/09 |
| Caribbean duo has a lot to offer large and small investors |
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An attractive list of financial advantages has been drawn up to tempt Fly-to Let buyers to invest in two developments in The Caribbean.
At the Las Canas Beach Resort on the Dominican Republic investors are being offered studios from £75,000, one bed apartments from £125,000, two bed apartments from £150,000, and villas from £295,000 to £595,000... MORE
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| Added 03/02/09 |
| Fly to Let buyers on the starting grid for properties near new motor race track |
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Portugal has leapt nine places from 12th to 3rd position as the UK’s favourite place to buy property around the world according to the annual top 20 survey conducted by A Place In The Sun magazine. And more tourists and Fly to Let investors are expected to flock to Portugal’s Western Algarve following the recent opening of... MORE |
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| Added 03/02/09 |
Short haul travel predicted to be the winner in 2009 |
Spain took five of the top 10 most searched for 2009 destinations in a survey by flight search engineSkyscanner.net to see where people are heading on holiday this year.
London took the top spot and a total of five UK cities made the top 50, highlighting the fact that domestic air travel remains strong... MORE |
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| Added 03/02/09 |
| Fly to Let investors in Caribbean benefit from new direct routes |
British Airways has commenced a new weekly direct route from London Gatwick to St Kitts every Saturday, the first time the airline has offered a service to this Caribbean island.
The flight departs London Gatwick at 10:30am and arrives in Robert L. Bradshaw International Airport at 16:45pm... MORE |
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| Added 03/02/09 |
| An array of guaranteed rental deals for Fly To Let investors in Turkey |
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Several properties are currently being marketed in Turkey by Nirvana International that offer Fly to Let investors a guaranteed rental of up to 10 percent.
Turkey was recently put at number two in the Top 10 Value Destinations for 2009 suggested by travelsupermarket.com. “This is why investing out of the ‘euro zone’ is such a good idea. In... MORE
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| Added 26/01/09 |
| Obama boom gives new hope to property owners in the US |
Fly to Let investors who rent out property in America could see in increase in business due to the ‘Obama boom’.
The election of Barack Obama as the latest American President is expected to spark more interest in the United States that will see increased numbers of people visiting the country and a far more positive environment for property... MORE |
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| Added 26/01/09 |
Fear over pensions fuels desire for Spanish holiday homes |
The desire for British and Irish buyers to purchase an investment property or holiday home in southern Spain is as strong as ever, despite the financial restrictions of the credit crunch claims one of the Costa del Sol’s estate agents.
In a recent survey by Spanish agent Andalucian Dream Homes, 74 percent of respondents are still looking to buy Spanish property despite the credit crunch and it believes the hunger is being fuelled by the need to bolster diminishing pensions. MORE |
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| Added 26/01/09 |
| Dominican Republic ‘most affordable place in the Caribbean to buy property’ |
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The Dominican Republic is the latest country to claim that property prices have continued to grow despite the global financial situation.
Les Calvert, a director of overseas property portal Property Abroad, said: “In July this year, the Dominican Republic was found to be the most affordable place in the Caribbean to buy property... MORE |
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| Added 26/01/09 |
| Investment properties in the Austrian Tyrol now available by 'special permission' |
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EU citizens have found it very difficult to buy holiday homes in the Austrian Tyrol since 1994. But now Investors in Property have announced that it is now able to offer the only two developments in the Tyrol which have been given special permission to be sold as second homes.
The Tyrol offers winter and summer activities creating a... MORE
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| Added 20/01/09 |
| Building company reassures Spanish investors after luxury villa is demolished |
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A British couple have lived a year in a garage without running water or electricity after their £575,000 villa at Vera on the Costa Almeria was declared illegal by the regional government of Andalusia and demolished.
The sad story affecting Leonard and Helen Prior has prompted Taylor Woodrow de España to remind purchasers that they should buy... MORE |
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| Added 20/01/09 |
Greece property market ‘set to blossom’ |
Greece is the latest Fly to Let destination to use recent figures and polls to argue that it bucking the global trend when it comes to negativity surrounding tourism and the property market.
The recent Telegraph Travel Awards 2008 poll of over 25,000 readers placed Greece in second place in the Best European Country ranking... MORE |
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| Added 20/01/09 |
| French lenders in healthier position than those in UK says MGM |
Early snow means that the outlook is far from chilly for Fly to Let investors looking for French Alpine properties reports Nathalie Turchet, the UK sales manager of MGM French Properties.
The firm reports that the rental market remains strong with the number of winter bookings looking promising ahead of the ski season... MORE |
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| Added 20/01/09 |
| New regulations for Fly to Let owners in Valencia |
All holiday home owners who rent out their properties in the Valencia region of Spain will now need to register them with the tourist authorities, due to new regulations which aim to crack down on tax evaders.
The new rules affect holiday home rentals on the Costa Blanca and Costa del Zahra as well as in the Valencia province... MORE
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| Added 12/01/09 |
| Sports heroes attempt to get money back from Spanish developers |
A trio of sporting stars who backed property developments in Spain with their own money and persuaded other British Fly to Let investors to do the same, are now counting the cost after the schemes were scrapped. The Daily Mail carried the story of how five-time Olympic champion Sir Steve Redgrave, 1966 World Cup hero Sir Geoff Hurst... MORE |
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| Added 12/01/09 |
If a good property is ‘cheap as chips’ buy it says market analyst |
Recent figures from the Spanish Property Owners Guild (SPOG) show that property prices have already dropped 16 percent. And the organisation is forecasting a further 15 percent drop in the coming year. Another study released shows that the number of British people buying property abroad has risen significantly since 2001... MORE |
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| Added 12/01/09 |
| Fall in property prices is producing ‘buyers’ who live in a fantasy world |
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The difficult conditions currently being suffered by the overseas property market is creating a growing number of ‘fantasists’ claims the MD of a company which specialises in high end homes around the world.
Serge Cowan, of Unique Living, said: “Property prices have reduced and there are some excellent opportunities to purchase some exceptional properties at... MORE |
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| Added 12/01/09 |
| Guaranteed rental income from new apartments in Turkish city |
Fly to Let purchasers are being offered a guaranteed 9.5 percent annual net rental yield for five years from new high end apartments in Istanbul.
Turkey’s economy is now 16th in the world and the country is undergoing changes which should allow if full membership of the European Union in 2015... MORE
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| Added 06/01/09 |
| Canada talks the right language when its come to finance |
Canada, already high on the list of favourite holiday destinations due to its outdoorsy appeal, winter sports and cosmopolitan cities, has now been named the most affordable English speaking country in which to buy a property.
And another interesting fact for Fly-to-Let investors is that, according to the World Economic Forums’ Global Competitiveness Report 2008-2009, Canada is ranked as... MORE |
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| Added 06/01/09 |
Another property boom for Croatia? |
Fly-to-Let investors are being encouraged by the Croatian government’s efforts to encourage foreign investment in the country's property market.
Paul Collins of Buy Association noted that the government had done everything possible to bring more overseas property investors into the market; including highlighting the country's tourism potential, and... MORE |
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| Added 06/01/09 |
| Don’t make buying decision in back of a taxi |
Buying overseas property has become one of the defining characteristics of consumer behaviour over the last 30 years and the current downturn is providing an opportunity for Fly-to-Let investors to convert their savings into a physical asset claims a Malta specialist.
But, says Ray Woods of UK-based Maltabuyproperty.co.uk, how many potential investors are drawing... MORE |
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| Added 06/01/09 |
| Spa and wellness tourism is on the increase |
Fly-to-Let property investors looking for projects that will be of maximum appeal to their tourism rental tenants are targeting real estate developments that include spa offerings.
The global spa economy is estimated to be worth over $250 billion, and the industry is growing at ‘a breakneck pace’ according to Pete Ellis, chairman of the... MORE
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| Added 24/12/08 |
| Property investment for those with a good wine palette |
A property company is claiming its latest opportunity can give Fly to Let investors the chance to make 100 percent profit in just three years. Ready2invest has 48 one acre residential land plots within a planned 5-star resort in Mendoza, Argentina. The Castillo Country Estate & Spa is a 300-hectare development, 21,000ft below the Andes... MORE |
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| Added 24/12/08 |
Converted historic spa offers exclusivity |
A rare chance for a Fly to Let investor to purchase a property converted from what was once one of the most exclusive spas in Europe is now available.
Until four years ago, the former thermal day spa of the Medici family in Florence had fallen on hard times. It had been lost for centuries and was being used as a garage... MORE |
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| Added 24/12/08 |
| Tourists set to sail into new Turkish marina |
Fly to Let owners with property around Didim on the West coast of Turkey will benefit from an increase in tourism when the new $50,000,000 Dogus Marina is completed in April 2009.
Although it is not fully built the development is already boosting tourism and trade in nearby locations and on neighbouring Greek islands, including Samos... MORE |
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| Added 24/12/08 |
| Downturn in Spanish property prices could boost Fly to Let bookings |
The downturn in perennial hotspot Spain’s fortunes has created a lot of column inches of late. But some property specialists claim it’s not all doom and gloom because if you are a Fly to Let home-owner in Spain, the current crisis could well be a blessing in disguise. The past has proved that sun, sand and sea proved a winning... MORE
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| Added 16/12/08 |
| US property market tops charts for second successive month |
The US is still a great draw for Brits looking to invest in property overseas, according to one overseas property investment specialist.
A 'Top of the Props' monthly poll based on the number of enquiries to the www.themovechannel.com website found that in October 2008 the US held the top spot, ahead of popular destinations including... MORE |
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| Added 16/12/08 |
Christmas crackers available on the beach in Natal |
Back in 1597 the Portuguese Governor General of Brazil ordered the expulsion of a group of rather unwelcome French pirates who had been occupying this north eastern part of the country for several years.
His orders were obeyed and on 6 January 1598, the Christian holiday of Epiphany, the victors set about building the ‘Forte dos Reis Magos’ (Fort of the Three Wise Men)... MORE |
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| Added 16/12/08 |
| Boutique style restored apartments in historic French town |
Fly to Let investors are waiting for details of the rental package being offered on seven apartments which have just been put up for sale in the old French town of Briancon which was recently awarded UNESCO status.
The Residence de Temple apartments range in size from 32.16m sq for a one bedroom apartment with cabin to 83.58m sq for the top floor apartment. Prices range from €185,000 – €455,000... MORE |
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| Added 16/12/08 |
| Montenegro prime minister hopes for early entry into EU |
The announcement that Montenegro is to apply for full candidacy of the EU before the end of this year is expected to have a massive effect on other property markets in the region.
During a visit to Bosnia this week, Montenegrin prime minister Milo Djukanovic told a press conference in Sarajevo that the country will... MORE
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| Added 09/12/08 |
| Credit crunch will not stop holidaymakers from getting away says survey |
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There was some good news for Fly to Let Property owners recently when figures showed people are still planning to continue holidaying through the credit-crunch.
One report released by the airline Monarch said that Cyprus, the Canary Islands and Malaga are currently their most popular destinations but that Spain is still overall more popular... MORE |
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| Added 09/12/08 |
Flight searches to India remain high despite terrorist attack |
The number of Fly to Let investors in Thailand has been increasing due to the fast growth in tourism. It was feared the recent Mumbai terrorist attack would deter travellers, but so far this has not been the case says flight search engine Skyscanner.
The Mumbai attacks left almost 200 dead and the political protests in Thailand led to a temporary state of emergency... MORE |
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| Added 09/12/08 |
| Voluntary personal information becomes compulsory for visitors to the America |
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Fly to Let owners with properties in the US may be wise to warn their customers that as of 12 January, all visa waiver passengers travelling to America will have to apply for permission three days in advance, according to strict new US border regulations.
According to the US Department of Homeland Security, around 6.5 million British nationals visit the United States each year... MORE |
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| Added 09/12/08 |
| 'Missing' canoe man and James Bond help raise Panama profile |
Panama is being heralded as having something for everybody when it comes to Fly to Let investment as buyers have a choice of mountains, beachfronts or city life in Panama city itself.
Ironically tourism interest in Panama, which has grown substantially in recent years, was given a boost by the headlines surrounding ‘missing’ canoe man... MORE
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| Added 01/12/08 |
| Spain gets a boost as long haul flight tax doubles |
Fly to Let owners in Spain may soon benefit from a boost in the numbers of tourists travelling to the country following news that those flying to destinations such as Singapore and Australia will be hit by a doubling in air passenger duty.
Chancellor Alistair Darling’s new Air Passenger Duty rate changes mean that flying to Europe will cost £12 in... MORE |
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| Added 01/12/08 |
Taste of tropical paradise for investors in Sugar Beach |
The $100 million redevelopment of what is claimed to be one of the most exclusive retreats in St Lucia is shaping up with construction work beginning on the resort’s spa.
Fly to Let investors are being encouraged to invest in villas on the Sugar Beach development set within the 192 acres of rainforest in Saint Lucia’s Val de Pitons. MORE |
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| Added 01/12/08 |
| French Alps continue to appeal to British Fly to Let investors |
A developer in the French Alps reports that a quarter of the buyers of properties sold off-plan in its latest new scheme are British.
As construction work gets underway at Le Telemark, a new residence de tourisme of 57 ski-in/ski-out leaseback apartments at Tignes Le Lac... MORE |
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| Added 01/12/08 |
| Don’t think distressed, think SNIPs |
There are some exceptional bargains in this current market place and those savvy enough or financially able to purchase, are getting some phenomenal homes, claims Serge Cowan, the MD of Unique Living.
He said: “The property industry calls homes that have been reduced ‘distressed sales’ but I think this is something of a... MORE
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| Added 25/11/08 |
| AlpenParks offers bank guaranteed 6 percent yield for investors at Hagan Lodge |
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Austrian ski resort developer, AlpenParks, is offering British Fly to Let investors the option of a guaranteed return of 6 percent per annum for three years on a mountainside chalet at the Hagan Lodge ski resort. AlpenParks recently launched in the UK offering authentic chalets on the side of The Loser Mountain in Ausseerland. MORE |
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| Added 25/11/08 |
Fall in UK travellers going to USA says Skyscanner |
Fly 2 Let investors with properties in America will be concerned by a report from flight search engine www.Skyscanner.net that suggests the strengthening dollar, the credit crunch and recession woes have led to a fall in UK-USA flight search traffic. MORE |
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| Added 25/11/08 |
| New partnership offers safe and secure buying process in Spain |
Tales of Fly to Let investors who have fallen foul of Spanish ‘Land Grab’ laws have made some potential purchasers wary of buying property in the country.
To overcome these problems UK house builder Taylor Woodrow de España has partnered with accreditation scheme Safe Buying Experience (SBE) to help ensure purchasers in Spain offered a safe and secure process. MORE |
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| Added 25/11/08 |
| Positive international property market predictions for 2009 |
The financial landscape in 2008 has been dominated by dramatic declines on stock markets and currency crashes. This has resulted in instability in many nations' economies as the very fundamentals upon which stable economic practices are built have been undermined. However, in certain specific corners of the world, there are positive predictions for... MORE
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| Added 18/11/08 |
| Real property prices make Brazil more attractive |
With the pound recently plummeting to new depths against the dollar and the euro the exchange rate with the Brazilian Real has made the country’s properties more attractive to Fly to Let investors looking for new pastures. Deane Roe, Account Manager for foreign exchange specialist Moneycorp, explains: “The Brazilian Real is currently being... MORE |
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| Added 18/11/08 |
British buyers take a back seat in Cyprus property market |
The Cyprus property market has gradually become less dependent on British Fly to Let investors because more Eastern European buyers, including Russians, have moved in to this sector.
They now sit beside Cypriot second home buyers as the predominant force fuelling the country’s booming property market. MORE |
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| Added 18/11/08 |
| Traditional Savoyard style on offer in chic ski resort |
Fly to Let investors looking to buy in a ski area have a choice of 13 exclusive freehold apartments within three traditional Savoyard style chalet buildings in Courchevel 1650.
Les Chalets de la Saulire will each house 3, 4 or 5 apartments which will all be finished with... MORE |
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| Added 18/11/08 |
| Eco friendly development with a lakeside lifestyle |
A typical monthly rental income for Fly to Let investors from a two-bedroom apartment in a new development in the French town of Annecy is projected to be in the region of €1,100.
Off-plan prices for outright purchase at Annecy-le-Vieux in the Haute Savoie start at €287,000 for a one-bedroom home with a floor area of 54 sq m rising to... MORE
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| Added 11/11/08 |
| Will Barak provide a 'bounce' in US housing market? |
With Barak Obama celebrating his victory as the 44th President-elect of the United States, it has been announced that the US remains one of the most popular choice for British Fly to Let investors when buying a property abroad. According to data from overseas property investment portal themovechannel.com the US ranked top in its latest... MORE |
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| Added 11/11/08 |
Turks and Caicos take pole position |
The British overseas territory, Turks and Caicos has come first in a Condé Nast survey of the most popular Caribbean destinations, a giant leap from its previous position of 10th in 2007. This remarkable shift has seen the islands retain their appeal despite the recent brush with Hurricane Ike earlier this year which caused "no significant" damage according to officials. MORE |
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| Added 11/11/08 |
| Instead of Buy to Let, why not Buy to Forget? |
It seems absurd to buy an Fly to Let overseas home that you never see or enjoy, but put it in the context of securing your future financial stability it’s not so daft to ‘buy-to-forget’.
Property which is classified as ‘commercial’, that is to say no personal use allowed, can be purchased as part of a Self-Invested Personal Pension (SIPP) and the tax benefits are considerable. MORE |
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| Added 11/11/08 |
| Beachfront apartments in Turkey for only £24,000 |
Fly to Let investors looking for a low cost entry into the market will find the £24,000 price tag for a beachfront property in Turkey an attractive proposition.
The development is on the Kumburnu Peninsula near the resort of Çeþme in Turkey and will comprise of 253 units in the first phase due for completion by 2010... MORE
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| Added 05/11/08 |
| Europeans flock to Nueva Esparta in Venezuela |
The latest figures released by the state of Nueva Esparta in Venezuela show that Europeans, and especially British Fly to Let investors, are increasingly falling in love with what is claimed to be the best kept secret in South America. Located off the North East Caribbean coast of the country, it comprises three picturesque islands with... MORE |
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| Added 05/11/08 |
Property prices in Murcia grow significantly |
The Murcia region of Spain is defying current economic trends by showing healthy house sales According to the Spanish Ministry of Housing.
Latest figures show that in the first two quarters of 2008, the number of property sales in the province has risen by 11.2 percent, from 2,288 in the last two quarters of 2007 to 2,545 sales. MORE |
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| Added 05/11/08 |
| New Turkish golf course to take Altinkum up-market |
The Aegean resort of Altinkum has attracted thousands of Fly to Let investors due to the area's low property prices with new apartments still available for under £30,000.
However, a new marina and golf course are expected to encourage even more demand for higher-end property... MORE |
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| Added 05/11/08 |
| Mississippi is a good bet as the Gulf turns to Golf |
Fly to Let investors may like to take a gamble on property along Mississippi's casino strip after predictions that it is aiming to topple Atlantic City as the second largest gaming market in the US.
Even before the hurricanes of 2005 that hit the area, Mississippi's power in the gaming industry was on the rise and it is now... MORE
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| Added 28/10/08 |
| Overseas property investors should keep a close eye on Turkey and Greece |
Current and potential Fly to Let investors in Cyprus have been watching developments following talks between Turkey and Greece about reunifying the north and south which has raised an air of optimism. The division in Cyprus began in 1974, when Turkish troops occupied its northern third, following a Greek Cypriot coup... MORE |
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| Added 28/10/08 |
Transparent property ownership laws are one of the many benefits of Isla Margarita |
As a less well-known and therefore less developed Caribbean destination, Isla Margarita has emerging market status, meaning that it offers an affordable entry point for Fly to Let investors looking for Caribbean property. MORE |
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| Added 28/10/08 |
| Egypt in top 10 of most improved countries around the world |
The World Travel and Tourism Council (WTTC) reported a steady growth of tourism in Egypt in 2007 and recently stated that the expected growth for the travel and tourism economy for the country in 2008 is expected to be 5.5 percent.
Experience International, a specialist in emerging property markets such as Egypt, has seen an increasing number of... MORE |
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| Added 28/10/08 |
| Fly to let - In brief |
New airport service for Fly to Let
owners
Keylounges.com has been created to service the overseas travel and Fly to Let overseas property markets and the company claims 400 properties have already signed up for the initial Malaga airport lounge. MORE
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| Added 20/10/08 |
| Canada stays confident in face of worldwide recession |
Property specialists around the world are putting on a brave face in the light of a global recession, but Canada believes it has every right to feel confident following the findings of an official think tank.
A positive forecast for the country was delivered by the combined resources of analysts within a leading bank, the think tank in Canada and the International Monetary Fund. MORE |
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| Added 20/10/08 |
Old distillery becomes luxury retreat in French renaissance market town |
Fly to Let investors attracted by historic settings will want to take a look at the ‘Distillerie Des Templiers Retreat & Spa’ in Pézenas, south of France.
It is being renovated by French developer, Garrigae Resorts, a specialist in turning historic buildings into residential developments. The company is converting the town’s old distillery into a luxury retreat and selling freehold apartments in this renaissance market town. MORE |
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| Added 20/10/08 |
| Market research uncovers what ‘ticks the boxes’ for overseas investors |
The speed with which investors signed up for the first and biggest of the nine new individually-designed homes currently being completed in western Crete by developer Caversham-Barnes proves the value of detailed market research at the pre-planning stage.
That’s the view of Said Marie, founder of the Berkshire-based business which recently... MORE |

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