|
|
 |
|
|
| Added 23/08/10 |
| Fly to let customers avoid travel meltdown as airport strike is called off |
|
|
 Owners of fly to let properties and their customers will be relieved to hear the BAA strike at several UK airports now looks to have been averted.
Thousands of workers at six airports had threatened to walk out in a row over pay. However a deal has now been struck that will see them gain a two percent rise and a lump sum of... MORE |
|
| Added 23/08/10 |
| The sun is shining on fly to let condo deals in Miami |
|
The condo market is thriving in Miami, Florida as holiday homes are being snapped up at the rate of 500 a month.
Condo Vultures reports this is the impressive amount of apartment traded in Greater Downtown Miami each month between April and June this year. MORE |
 |
| Added 23/08/10 |
| New partnership eases the tax burden for fly to let landlords |
|
Overseas mortgage specialist Conti is offering a book-keeping service to owners with fly to let properties.
UK tax residents have to declare their income both with the authorities of whatever country their property is in, and within their tax return, to HMRC. MORE |
|
| Added 23/08/10 |
| Italy offers eco-friendly fly to let investment opportunities |
|
 A brand new eco-friendly Italian development is on offer promising a rental guarantee of up to €2,000 per month.
Casa Vacanza Resort & Spa, Dominio San Sebastiano in Liguria is a gated development set in 9.9 acres of Centenary Park and also offers a lettings and management service. The Realitalia complex on the Bergeggi Hills comprises a private beach... MORE
|
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 09/08/10 |
| Credit crunch has turned Turkey into a property investors' paradise say experts |
|
|
 The Turkish property investment scene is becoming a big topic with one expert now saying the credit crunch actually did the country a big favour.
Tourism is continuing to perform well in Turkey despite falling on a global scale and property prices are also low. The Global Property Guide has recommended the country as the best place to... MORE |
|
| Added 09/08/10 |
| Mexico's race out of recession could result in it being the next 'BRIC' economy |
|
| Fly to let investors are being drawn to Mexico after a prediction that it could be the next BRIC economy.
In 2001 Goldman Sachs business guru Jim O’Neil coined the term ‘BRIC economy’ to refer to the explosive growth of the emerging countries of Brazil, Russia, India, and China. MORE |
|
| Added 09/08/10 |
| New Russian show aims to increase knowledge of property investment opportunities |
|
Investors looking to purchase property in Russia may find the agents they deal with more knowledgeable about the country in the future due to a new international show.
Russian Summit is being held for the first time at the World Trade Centre in Moscow on 11-12 November with the aim of helping international agents break into the potentially lucrative Russian buyer market. MORE |
|
| Added 09/08/10 |
| Brazil could have the X factor for fly to let property investment |
|
 Numerous factors are now highlighting Brazil as a top spot for fly to let investors according to property experts who specialise in the country.
Ruban Selvanayagam, writing for Brazzil.com, suggests that although some professionals are sceptical, several indications of a very bright future exist. MORE
|
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 03/08/10 |
| Fly to let investors looking to build their portfolios should head for South America |
|
|
 Property investors are getting a better return in South America, Asia and Eastern Europe according to the RICS Global Property Survey.
Apart from in the recession hit UK and Eurozone countries, occupier demand is rising in the majority of nations across the globe. Although significantly, France is... MORE |
|
| Added 03/08/10 |
| New resort offers five-star luxury and top rate of investment return |
|
Fly to let investors will soon be able to take a look at final plans for the brand new five-star resort on Ponta Preta Beach on the west coast of Sal Island, Cape Verde.
The developer predicts that fly to let investors who buy units off-plan can expect an annual capital growth of up to nine percent for the next five years and rental yields of 13 to 22 percent. MORE |
|
| Added 03/08/10 |
| New service to help fly to let owners who get out of their depth with overseas investment |
|
A new service has launched designed to benefit thousands of fly to let investors with overseas properties they can no longer afford to keep but find impossible to sell.
It is the brainchild of London businessman Tony Barker, who bought a £120,000 property off-plan in a major development in Paphos, Cyprus in 2006... MORE |
|
| Added 03/08/10 |
| Rental rates expected to fall further in Dubai say experts |
|
|
 There was unwelcome news for fly to let owners in Dubai recently when reports emerged that rents in the emirate are continuing to plunge.
Studios in International City can now be snapped up for as little as dhs22,000 a year down from dhs60,000 18 months ago. At the other end of the market, a studio in the world’s tallest building... MORE
|
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 27/07/10 |
| EU stress tests for Spanish banks do not reveal full story claims property expert |
|
|
 The benchmarking used for Spanish banks during the recent EU Stress Tests published recently is flawed according to Gregory Butcher, chairman of Ocean Village Gibraltar.
The tests were carried out to assess whether banks will be able to survive future economic shocks. A total of 27 Spanish banks were subject to... MORE |
|
| Added 27/07/10 |
| Fly to let holiday and long term rental opportunities offered by Orlando apartments |
|
The last few remaining two and three bed units at the Village at Town Centre (VTC) will provide a unique opportunity for Fly to let investors says Property Frontiers.
The company claims the apartments, which are on sale from $ 67,900 Potential to generate 100 percent on capital investment – excluding rental income! MORE |
|
| Added 27/07/10 |
| New French apartments make 'significant step' towards energy consumption reduction |
|
Work has started to create 66 brand new holiday apartments for sale in a French residence de tourisme described by developer MGM as ‘state-of-the-art in terms of sustainability and fuel economy'.
Richard Deans in MGM’s London-based UK sales office says the development – Le Centaure at Flaine in the Haute-Savoie region – will... MORE |
|
| Added 27/07/10 |
| Fly to let holidaymakers change track and let the train take the strain |
|
|
 The recent air travel chaos caused by the volcanic ash cloud, plus the recent French air traffic control strike and a further threat by Spanish air traffic controllers appears to be making more fly to let customers turn to rail travel. To meet the increase in demand for its services over the summer, Eurostar has announced that during... MORE
|
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 19/07/10 |
| Still possible to find 100 percent mortgages for Portuguese property investment says MD |
|
|
 Infinito Real, a Portugal based group of property investors, has seen a growing number of clients searching for mortgage deals that involve putting little or no money down in order to purchase a property. Although these types of deals have always been difficult to obtain, Stephen Anderson, Managing Director of Infinito Real... MORE |
|
| Added 19/07/10 |
| Demand from UK overseas property investors on the rise |
|
Recent research has found an increase in people looking to purchase foreign holiday homes. March 2010 saw a 48 per cent increase in prospective international buyers taking their mortgage quotes thorough to application stage. MORE |
|
| Added 19/07/10 |
| Spanish politicians put pressure on government over coastal law |
|
Reports are emerging from Spain that the Ley de Costas – coastal law – which nationalised the Spanish coastline in 1988 in an attempt to stop it being over developed, is going to be debated at government level.
The original legislation meant thousands of holiday homes were threatened with demolition and their owners potentially left without any compensation. MORE |
|
| Added 19/07/10 |
AIRLINE NEWS:
'Government must not tax holidaymakers out of the sky' |
|
|
 The Government must publish its consultation on replacement options for Air Passenger Duty as soon as possible says ABTA.
The Chancellor, George Osborne MP, said that he would report back to Parliament in the autumn on proposals for a new per plane duty and ABTA is keen to start detailed policy discussions with Government on... MORE
|
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 12/07/10 |
| Fears raised that property bubble in China is about to burst |
|
|
 A ‘collapse’ of the Chinese property market is being predicted as fears abound over whether the country can keep up with its rapid growth.
Kenneth Rogoff, a Harvard University professor and former chief economist of the International Monetary Fund (IMF), suspects there will soon be bad news for property investors in the affluent... MORE |
|
| Added 12/07/10 |
| Now is the time to expand your overseas property investment portfolio says survey |
|
| Two thirds of investors believe this is a good time to be a foreign property says the Worldwide Property Group property confidence tracker survey.
It found 75 percent of respondents think property is the best option for investment in general. And 62 percent are actively considering an overseas purchase with the United States, particularly Florida, proving popular. MORE |
|
| Added 12/07/10 |
| French lease back property investment system gets another boost |
|
Changes in French money lending attitudes are expected to boost interest in the leaseback market amongst UK investors.
Several French lenders have announced they will be offering a new 100 percent mortgage product, with additional finance to cover the cost of stamp duty and taxes, which can be up to 8 percent of the property value. MORE |
|
| Added 12/07/10 |
| A record 32,000 Brits now own a property in Turkey |
|
|
 Demand for Turkish property is not showing any signs of slowing with a record 32,000 Britons now owning property in the country.
According to data released by the Turkish General Directorate of Land Registry, interest is growing in second homes along the Aegean and Mediterranean coastlines. MORE
|
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 05/07/10 |
| Rental customers can jet to fly to lets via Dubai's second airport |
|
|
Fly to let owners with homes in Dubai will soon have better travel links to the country with the opening of a second airport.
This will provide a boost to the fly to let market in Dubai which is currently in a slump. The first phase launch comes three weeks after its flagship carrier Emirates placed a major order for Airbus 380 super jumbos... MORE |
|
| Added 05/07/10 |
| Cuba set to throw open its doors to foreign property investors |
|
| Officials have hinted foreigners will be able to buy and sell properties in Cuba soon, which in turn would open the floodgates for golf course and marina projects.
People close to the Cuban government expect new real estate regulations permitting foreigners to buy and sell properties to be published in the Gaceta Oficial soon, according to cubastandard.com. MORE |
|
| Added 05/07/10 |
| Euro mortgages for French property investment are the way to go, says Conti |
|
Overseas mortgage specialist Conti is offering a special 1.95 percent Euro rate for French property.
According to the company, mortgage lenders have a strong appetite for lending to foreign investors and in some cases, it’s possible to borrow up to 100 percent of the value of the property. MORE |
|
| Added 05/07/10 |
| Turkey stealing the show at property investment exhibition |
|
|
Turkey is emerging as the current hottest overseas property sector if exhibits at the annual Property Investor Show & OPPLive show in London are anything to go by.
There will be a booming number of Turkish displays at the event, to be held from 14-16 October.
And is all because Turkey has become the property investor’s paradis... MORE |
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 30/06/10 |
| Fly to let customers getting more value for money in Eurozone |
|
|
Fly to let customers and owners visiting popular holiday destinations in the Eurozone will see their money go further in the current climate, but not so far in the US.
The latest Holiday Costs Barometer from Post Office Travel Money reports that prices have plunged by as much as 42 percent year on year in top Eurozone destinations, led by Portugal and Spain. But in sharp contrast, the barometer shows a 31 percent rise in US prices for the 10... MORE |
|
| Added 30/06/10 |
| New apartments on French Riviera offer guaranteed rental return of up to 3.6 percent for fly to let investors |
|
| Fly to let property investors are being offered the chance to buy 25 new apartments coming on to the market in the South of France.
Erna Low Property is gearing up to release the new two-bed units at Les Domaines de St Endreol Golf and Spa Resort, which is 45 minutes from Nice International Airport. MORE |
|
| Added 30/06/10 |
| Oil spill results in leaking finances for fly to let property investors in US |
|
Agents and developers in the southern United States are worried BP's oil spill may affect rental income and drive down property prices in the Gulf Coast Shore-area by 10 percent per annum for the next three years, according to the data group CoStar.
Florida could be one of the worst-hit states, not least because of its hundreds of miles of gulf coast tourist beaches and its state policy of not levying an income tax. Florida relies on sales tax revenue. MORE |
|
| Added 30/06/10 |
| Rising Spanish sales suggest glut of holiday homes may begin to dwindle as fly to let investors return |
|
|
 Property investment in Spain is on the up as research reveals an 18-month high for volume of sales on the country’s property market.
June data from the College of Registrars showed a seven percent increase for Q1 of this year compared to the same period in 2009 and a 16 percent increase from the final quarter of last year. ... MORE
|
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 22/06/10 |
| Property investments Down Under will continue to generate higher returns say economists |
|
|
 Rental incomes will continue to rise for landlords with property investments in Australia because of a lack of supply, according to economic forecasters.
However fewer first time buyers and increasing interest rates will result in slower residential property price growth, as reported in the Residential Property Prospects Report... MORE |
|
| Added 22/06/10 |
| Fly to let bargains in Singapore on the cards as residential sales market stagnates |
|
| Fly to let property investors looking to increase their portfolio with a property in Singapore may have to play the waiting game, as the market appears to have reached a plateau.
The residential property market in Singapore is too hot and set for a correction in coming months, according to analysts. MORE |
|
| Added 22/06/10 |
| Harbour revamp in Bahamas could create exciting residential projects for fly to let investors |
|
Plans to revitalise downtown Nassau in the Bahamas by developing a new freight hub will create opportunities for fly to let investors looking for a residential project, experts believe.
A deal between the Government and private investors means the run down area can be transformed into a harbour front city. MORE |
|
| Added 22/06/10 |
| Property investors still not flocking back to Spain despite price falls |
|
|
 The latest real estate figures on prices and transactions are giving hope that the Spanish property market is improving but foreign property investors are still not returning to the country in great numbers.
Prices are still falling, but less with every passing month, according to the monthly house price index published by Tinsa, one of Spain’s... MORE
|
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 14/06/10 |
| Overseas property bargains on offer as pound strengthens against the euro |
|
|
 Investors looking for a fly to let bargain in Spain are snapping up properties at knock down prices as the pound strengthens against the euro.
Sterling has been performing well against the European currency over the last week and climbed to around €1.21 to £1, compared to almost €1 to £1 a couple of months ago. MORE |
|
| Added 14/06/10 |
| Good news for property investors in Brazil as economy continues to grow |
|
| Owners of holiday homes in Brazil should soon be reaping the benefits of increasing consumer confidence and more job opportunities as analysts suggest 2010 is likely to be a better year for the country’s economy.
People looking to invest in Brazilian property in the future also have reason to smile as new real estate rental laws have made things much simpler for fly to let property investors and landlords. MORE |
|
| Added 14/06/10 |
| New company offers assistance when overseas property investment deals go bad |
|
Overseas property investors who have suffered financially at the hands of unscrupulous agents, developers, lawyers and banks are being offered to helping hand in finding out if they can recover their money.
A new company, www.reclaimyourdeposit.com, says it has already been contacted by hundreds of fly to let investors.. MORE |
|
| Added 14/06/10 |
| Thailand to spend £105m in a bid to attract tourists back after recent troubles |
|
|
 Property investors with fly to let accommodation in Thailand will be relieved to hear the country is taking new steps to woo back tourists after the recent troubles in Bangkok.
The Thai government is ploughing five billion baht (£105 million) into the country’s tourism industry in the form of low interest loans with two year... MORE
|
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 07/06/10 |
| New terminal and casino make St Lucia a good bet for property investment |
|
|
 St Lucia, part of the Windwards Islands chain in the West Indies, is luring would-be fly to let owners with plans for a new airport terminal and upscale facilities such as a new casino -the first for the island - a multi-million pound shopping mall and super-yacht marina. The Government has announced plans to construct the new... MORE |
|
| Added 07/06/10 |
| Overseas property investment gets the feel of a woman's touch |
|
| Female property investors have become increasingly confident about the overseas property market and when it comes to investments are shrewd negotiators.
This is the view of Walter Zephirin, a director of 7th Heaven Properties which specialises in Caribbean property. MORE |
|
| Added 07/06/10 |
| Low cost carrier expands service to popular Egyptian holiday hot spot |
|
Holiday home owners with properties in and around Egypt’s popular Red Sea Coast are to benefit from new Jet2.com flights to Hurghada from Manchester beginning on 15 October 2010. It is the low-cost carrier's 50th route from the airport.
An additional Sunday service is also being operated by Jet2.com to the diving Mecca of Sharm el Sheikh from Manchester with... MORE |
|
| Added 07/06/10 |
| Fly to let customers given more assurances by BA but war of words hots up |
|
|
Fly to let holiday-home owners whose customers have booked with British Airways have been given some good news and some bad news.
Prior to Unite’s latest five day strike from 5 - 9 June the airline announced that due to the growing numbers of cabin crew who want to work as normal it was able to increase its flying... MORE |
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 01/06/10 |
| Global house prices show welcome signs of recovery says property guide |
|
|
 There has been an increase in property prices in 19 out of 36 countries during the year to end Q1 2010 according to the Global Property Guide’s (www.globalpropertyguide.com) latest survey of official house price statistics which, says the company, proves the global housing bust is effectively over... MORE |
|
| Added 01/06/10 |
| Cyprus property investment unaffected by financial crisis in Greece |
|
Despite the ongoing financial crisis in Greece, property specialists in Cyprus say the country’s sales have bucked the trend and shown an unexpected rise in the first four months of 2010.
Serge Cowan Managing Director of Unique Living said: “It’s important that potential investors realise that the Cyprus economy is not associated in anyway with the Greek economy. This is something that is often all too unclear to many new investors.” MORE |
|
| Added 01/06/10 |
| New Marina will help drive up value of property investments in Istanbul's western suburbs |
|
Fly to let owners with holiday homes in the western suburbs of Istanbul could see the value of their property investment increase following the announcement that plans are being drawn up to build a new $16m marina.
Dati Investment Holding, one of Turkey's leading development consortiums which also owns the high end Galleria shopping mall, the... MORE |
|
| Added 01/06/10 |
| Overseas Property News - In brief |
|
|
 BA acts swiftly to limit strike disruption over half term holiday
Fly to let customers concerned about the strike action by British Airways cabin crew during half term week have again been assured by the airline that it will be increasing its flying schedule during Unite’s five day strike. MORE
|
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 21/05/10 |
| Fly to let business continues to suffer as BA cabin crew union wins the right to strike |
|
|
Fly to let owners and customers using the services of British Airways over the next month – including the busy half term holiday - could be forgiven for not knowing if they are coming or going due to the on-off strike action by cabin crew members of the Unite Union. The bad news is there are still some doubts whether they will be coming or... MORE |
|
| Added 21/05/10 |
| Hands free property management on refurbished family homes in Detroit |
|
| Although Detroit’s history of car manufacturer may make it a popular destination for petrol heads it has much more to offer fly to let tourists.
For example the American city’s Belle Isle, a three-mile long island in the river, is laid out with beautiful parkland, hiking trails, sports facilities and other attractions. MORE |
|
| Added 21/05/10 |
| Holiday homes owners missing out on £10,000 annual income from fly to let |
|
Many holiday home owners are not cashing in on the income that turning their investment into a fly to let property could bring in, according to a recent survey by holidaylettings.co.uk.
The survey also found that many of these properties are in locations where demand is outstripping supply, which means the market for fly to let customers already exists. MORE |
|
| Added 21/05/10 |
| Possible tax windfall for British property investors in Spain |
|
|
Property investors who paid too much tax on their Spanish property sale may be entitled to a rebate, according to foreign exchange firm Currencies Direct.
The potential capital gains windfall for British buyers who sold property in Spain before 2007 comes after the scraping of a discriminatory Spanish tax law. MORE |
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 17/05/10 |
| Travel experts attempt to unravel who is responsible for fly to let customers stranded by ash cloud |
|
|
The return of the volcanic ash cloud to parts of the UK this week has caused more air travel chaos for fly to let businesses and holiday plans in general.
It has also focused attention on who is responsible for looking after and accommodating stranded passengers unable to make their return journey at the... MORE |
|
| Added 17/05/10 |
| BA union forced to call off strike but fly to let business could still be hit |
|
| Fly to let holiday home owners concerned over how the planned union strike at British Airways would affect their customers during the busy half term week could still be affected despite the action being called off at the 11th hour.
The Unite Union had planned 20 days of strikes which would have started on 18 May this week. MORE |
|
| Added 17/05/10 |
| Foreign exchange supplier makes property investment in Brazil easier |
|
£30.1m was sent to Brazil from the UK in 2009 for property related purposes, according to foreign exchange supplier Moneycorp.
This figure is up from just £4million in 2004 and 2010 has started even more strongly: since 1 January 2010, with real estate enquiries increasing by 40 percent on last year. MORE |
|
| Added 17/05/10 |
| Fly to let business in Bangkok suffers as political unrest escalates |
|
|
 Fly to let owners with properties in Thailand are counting the cost after more clashes between Red Shirt protestors and security personnel which has led to the Foreign and Commonwealth Office (FCO) updating its warnings to say that it advises against all but essential travel to the city of Bangkok, in view of the continued... MORE
|
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 11/05/10 |
| Still a good time for property investment in crisis-proof South of France |
|
|
 Property specialists boast that The South of France, with its beaches, desirable climate, stunning scenery and relaxed lifestyle, make it one of the world’s most desirable locations for second-home ownership. It is often referred to as ‘crisis-proof’, and the experts say the fact that the Cote d’Azur property market showed... MORE |
|
| Added 11/05/10 |
| Invest in the ‘Mayfair’ of Natal at 20 percent below market value |
|
| Overseas investors are being invited to buy into the 26 storey Dr Geraldo Furtado building in Petropólis, dubbed the ‘Mayfair’ of the city of Natal in Brazil’s northeast at 20 percent below market value on pre-release.
This, says agents www.uv10.com, will reap purchasers an estimated 49 percent return in the construction phase alone. MORE |
|
| Added 11/05/10 |
| Ash cloud causes more air disruption for fly to let customers and owners |
|
Fly to Let property owners with customers travelling to and from the Irish Republic, Northern Ireland and some Scottish airports faced more air chaos last week when a fresh cloud of volcanic ash drifted south from Iceland.
Although the situation was not as widespread as the original shut down it still created a confusing situation with air space being shut and then reopened again at different times throughout the week. MORE |
|
| Added 11/05/10 |
| Overseas Property News - In brief |
|
|
Overseas property investors face new rules in Australia
Overseas buyers are pricing ordinary people out of the Australian property market claims the country’s government which is drawing up new rules to overcome the situation. Restrictions on foreign property investment were relaxed two years ago but overseas buyers... MORE |
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 05/05/10 |
| Association of International Property Professionals names new chief executive |
|
|
 The Association of International Property Professionals (AIPP) has announced the appointment of its new Chief Executive.
Professor Mark Sharp joins the organisation from outside the industry, having gained more than 14 years board level experience in multi disciplinary, multi location and international organisations. Chair of the AIPP Board, Lindsay Hopkins, said: “We are very excited about this new era for... MORE |
|
| Added 05/05/10 |
| Overseas property investors snap up apartments on new development in Malta |
|
| Fly to let owners who bought holiday homes within the Tigne Point development in Malta now have the added attraction of the Point Retail Centre and Piazza Tigne.
The shopping and dining hub recently opened to the public and includes Sliema’s largest open square and the largest shopping mall on the island with over 14,000 sqm of retail space. MORE |
|
| Added 05/05/10 |
| Fly to let customers take to the sea to avoid airline chaos over Europe |
|
Customers who have recently rented holiday homes in Europe are among those who have discovered the benefits of using a ferry since the air chaos caused by the recent volcanic eruption in Iceland says Brittany Ferries.
The company claims it has received many letters from passengers complimenting it on the service provided which includes French cuisine, attentive staff, cinemas and comfortable cabins making it more like a cruise ship than a ferry. MORE |
|
| Added 05/05/10 |
| Overseas Property News - In brief |
|
|
 Holidaymakers are flocking back to Egypt claims tourism minister
Overseas property investors with holiday homes in Egypt will be encouraged by the news that the country recorded a 29 percent increase in tourist arrivals and 24 percent increase in tourism revenue in Q1 2010. MORE
|
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 28/04/10 |
| Confidence has returned to overseas investment market says tracker survey |
|
|
 There has been a significant rise in interest from investors who want to purchase overseas property according to the latest figures from the Worldwide Property Group.
The company’s March confidence tracker found that 75 percent of those surveyed said that they believe now is a great time to buy a foreign property with the... MORE |
|
| Added 28/04/10 |
| Spanish properties selling at their fastest rate since 2007 |
|
| Holiday home owners in Spain are hoping the value of their properties will start to rise again recently following the news that house sales have risen at their fastest rate since records began in 2007.
According to the country’s latest National Statistics Institute, February’s sales were up 18.7 percent on the previous month with 51,343 properties changing hands and... MORE |
|
| Added 28/04/10 |
| FCO steps in to help holidaymakers stranded by volcanic eruption |
|
Fly to let customers left stranded by the recent air chaos caused by Iceland’s volcanic eruption were able to get help from Foreign & Commonwealth Office staff who went to several airports to assist British nationals who were stuck abroad.
In Madrid Airport, which was unaffected by the ash cloud, a Foreign Office team manned two stalls to advise British nationals, and... MORE |
|
| Added 28/04/10 |
| Increase in Turkish tourism gives boost to fly to let property investors |
|
|
 The latest official tourism data, released by CompaniesandMarkets.com, has provided a further boost to Turkey's booming fly to let market.
The Turkey Tourism Report Q2 2010 revealed an 11 percent increase in foreign visitor arrivals for Q4 2009 compared to the same period in 2008. MORE
|
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 19/04/10 |
| Fly to let holiday home customers remain stranded after volcanic eruption |
|
|
Overseas holiday home owners have been caught up in the chaos and disruption caused by ash from the volcanic eruption in Iceland. Many of their customers who had rented properties for the final week of the Easter holiday period before the schools go back found themselves stranded and unable to get information on when they can... MORE |
|
| Added 19/04/10 |
| Overseas mortgage providers appetite for lending to foreign investors on the rise |
|
| Confidence amongst prospective overseas property investors appears to be returning, reports Home Move.
Foreign mortgage specialist, Conti, reported that it had its busiest month for almost a year. In March, the number of prospective buyers taking their mortgage quotes through to the application stage increased by 48 percent, compared with the previous monthly average. MORE |
|
| Added 19/04/10 |
| Increase rental opportunities to help meet higher costs of overseas ownership says HiFX |
|
Almost 70 percent of holiday homeowners are missing out on vital income by not renting out their overseas property according to research by HiFX, the foreign exchange specialists.
Almost half of those that do rent it out only do so to friends and family who traditionally pay less than other tenants. MORE |
|
| Added 19/04/10 |
| Cash rich fly to let property investors ready to leap into Cyprus |
|
|
 Astute fly to let property investors keen to take advantage of a bottoming out of market prices have fuelled a frenzied buying of holiday homes rarely seen in recent years, claims one agent.
Owners desperate to sell have created a glut of properties, particularly on the Costa del Sol and the French Riviera and overseas specialist...MORE
|
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 14/04/10 |
| Spain continues to dominate list of most popular destinations |
|
|
Property investors with overseas holiday rentals who like to keep an eye on the trends of where people are booking will have found that Spain continues to dominate the top 10 list according to the latest information on March from Skyscanner. The online flight searches website found that Malaga, Alicante and Tenerife held onto the top three sports with... MORE |
|
| Added 14/04/10 |
| Investors offered new bespoke search service as property company expands 'Sun Collection' |
|
Erna Low Property has expanded its portfolio to include more properties in the South of France, an established and popular area for British investors seeking to buy holiday homes to rent out.
The expansion follows an increase in demand from existing clients and the new properties are The expansion follows an increase in demand from existing clients and the new properties... MORE |
|
| Added 14/04/10 |
| 'Serious' holiday home buyers flock to overseas property exhibition |
|
Holiday homes in established locations topped the shopping list for most visitors and proved that the UK market for overseas property is showing positive signs of revival, according to exhibitors at last weekend’s A Place in the Sun Live at London’s Earls Court.
With 6,127 visitors through the doors, numbers were up 8 percent on the same show in 2009, and the event’s... MORE |
|
| Added 14/04/10 |
| Family friendly holiday home specialist advises owners to think niche and boutique |
|
|
 With property prices in Spain estimated to have dropped by up to 12 percent in 2009, British property investors stuck in negative equity are biding their time and continuing to generate income through holiday home rentals.
But with so many of these properties now available for rent, how do you make your home stand out from the crowd? MORE
|
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 06/04/10 |
| Easter bonanza for holiday home lettings as budget conscious Brits look to cut their spend |
|
|
Fly to let owners are benefiting from a surge of more than 50 percent in Easter holiday enquiries compared to the same period last year according to online holiday rentals company HomeAway UK.
Recent research conducted by the company found that money is still a consideration for holidaymakers with 16 percent of Brits... MORE |
|
| Added 06/04/10 |
| 'Bottom feeders' have big influence on overseas property market |
|
| The bottoming out of the overseas property market has been instrumental in launching a new breed of property buyer - the ‘bottom feeder’.
Bottom feeders, although not attributed with the most endearing of names, have proved to be one of the most influential investors in the market place today. MORE |
|
| Added 06/04/10 |
| Affordability tempts UK buyers back to Cape Verde islands |
|
|
Property investor confidence in the archipelago of Cape Verde has returned, according to one of the islands’ real estate agents.
While some agents on the West African islands failed to stay afloat during the property slump caused by the global financial crash. MORE |
|
| Added 06/04/10 |
| Beware of overseas property scam that sounds 'too good to be true' |
|
 Rightmove Overseas has urged overseas property investors to beware if they are approached by companies offering to buy their properties and claiming to be associated with Rightmove’s Overseas division.
The approaches appear to be part of a scam and a statement recently released by Rightmove said: “We heard from several sources... MORE
|
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 29/03/10 |
| Istanbul poised to kick-start the European property market recovery claims specialist |
|
|
 Turkey's biggest city, Istanbul which strategically straddles the Bosphorus Strait, holds the perfect recipe for kick-starting the recovery of the European property market according to the experts at Experience International. Although ironically not yet a member of the European Union, the country has the fundamentals of... MORE |
|
| Added 29/03/10 |
| Take an all round view of fly to let opportunity in French Alps |
|
| Fly to let property investors who like a good view will be able to se the investment potential of a new development in the French ski resort of Arc 1800 as it offers a stunning 360 degree vista of Mont Blanc and the surrounding valleys and slopes. MORE |
|
| Added 29/03/10 |
| Midweek flights grow in popularity claims airline |
|
|
Fly to let ski property owners in Europe may have to adapt to new booking trends following a report into skier and snowboarder habits by easyJet.
The low cost airline has seen an increase in wintersports and mountain holiday enthusiasts looking for convenience and a short airport-resort transfer time. MORE |
|
| Added 29/03/10 |
| Fly to let news - In brief |
|
|
British Airways works around industrial action
It was good news for Fly to let customers flying with British Airways when the airline managed to put on a better than expected service despite the strike action by cabin crew who are members of the Unite Union.
Although picket lines have been appearing at... MORE |
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 18/03/10 |
| AIRLINE NEWS: Easter fly to let holiday plans hit by strikes at BA |
|
|
 There are fears that Fly to let holiday home customers who have booked flights with British Airways over Easter could have their plans thrown into chaos following the Unite union’s announcement that it intends to hold two strikes.
After several examples of brinkmanship from BA and cabin crew being represented by Unite... MORE |
|
| Added 18/03/10 |
| Overseas property investors should not overlook boost in Philippines economy |
|
| According to latest figures released by The Global Property Guide the Philippines has ranked an impressive third place as a destination for property investment with annual yields quoted at 10.99 percent.
There are several reasons for holiday home investors to consider South East Asia destination. MORE |
|
| Added 18/03/10 |
| Developer offers to pick up the bill for inspection visits to Crete |
|
|
Fly to let property investors are being offered the chance to go on inspection trips to view new developments in Crete by taking advantage of a new EasyJet route to the Greek island.
The low cost airline will be offering a weekly schedule flying Sundays, Tuesdays and Wednesdays direct from London Gatwick to Chania in western Crete from May 23rd. MORE |
|
| Added 18/03/10 |
| Fly to let investment on 'one of the most desirable coastlines in the world' almost sold out |
|
|
 Within 10 days of launching Weston, St James in Barbados, Candelisa and Cluttons Resorts received more than 300 enquiries from property investors resulting in the sell-out of all 21 Phase 1 apartments in the development.
The success has led to the early release of Phase 2, comprising 24 similar pool fronted... MORE
|
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 08/03/10 |
| Price decreases see property investors return to sought after locations |
|
|
 Over the last decade there has been a growing trend towards buying in far-flung and emerging destinations, often to capitalise on rising property values.
However, in today’s economic climate, buyers have reverted back to traditional, established second home destinations according to the latest results of a survey carried out by... MORE |
|
| Added 08/03/10 |
| South of France sellers wait for better weather before putting holiday homes on the market |
|
| When predictions were being made about the overseas property market at the beginning of January 2010, there was one thing not accounted for - the effect of the weather.
Unique Living has reported that in the South of France there has been a dramatic decrease in new homes coming onto the market. MORE |
|
| Added 08/03/10 |
| Property prices rise in final quarter but worldwide recovery is still uneven |
|
|
During the last quarter of 2009 property prices rose in 22 countries and fell in 11 out of the 34 for which quarterly house-price statistics are available according to the Global Property Guide’s latest survey of residential property.
However, 2009 was not a happy year for property investment overall. Last year 18 countries’ housing markets experienced price declines, while... MORE |
|
| Added 08/03/10 |
| AIRLINE NEWS: BA makes plans to counteract strike action |
|
|
Rumours that British Airways are training staff to cover for cabin crew should their Unite Union go ahead with threatened strikes appear to be true.
Reports are emerging that in a briefing to staff, BA chief executive Willie Walsh outlined plans to counteract the action. These plans included training up around 1,000 volunteers to... MORE |
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 02/03/10 |
| World cup hero claims he has lost £600,000 in Spanish property deal |
|
|
 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 |
|
| Added 02/03/10 |
| RICS predicts increase in number of distressed properties coming onto the market |
|
| 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 |
|
| Added 02/03/10 |
| Train is an attractive option for fly to let customers travelling to French Alps |
|
|
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 |
|
| Added 02/03/10 |
| Last chance to buy a beachfront property investment freehold in St Lucia |
|
|
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 |
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 24/02/10 |
| New property development has ready made packages for fly to let investors |
|
|
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 |
|
| Added 24/02/10 |
| Increase in flights to Bodrum will tempt property investors into Turkey |
|
| 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 |
|
| Added 24/02/10 |
| New leaseback scheme for Fly to let owners increases annual rental income by €1,000 |
|
|
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 |
|
| Added 24/02/10 |
| Fly to let customers using British Airways could be hit by new strike threat |
|
|
 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
|
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 17/02/10 |
| Expected cut in holiday spend could drive more towards Fly to Let properties |
|
|
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 |
|
| Added 17/02/10 |
| Fly to let properties ready to rent out on tropical island in the Philippines |
|
| 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 |
|
| Added 17/02/10 |
| Property investors can cash in on Istanbul’s growing popularity |
|
|
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 |
|
| Added 17/02/10 |
|
 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
|
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 09/02/10 |
| Short breaks take a dive but there is good news on the way for fly to let owners |
|
|
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 |
|
| Added 09/02/10 |
| Silver Coast is an attractive alternative to Algarve says property specialist |
|
| 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 |
|
| Added 09/02/10 |
| House prices still down, but investors see value of overseas properties begin to rise again |
|
|
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 |
|
| Added 09/02/10 |
| British property investors take advantage of discounts in Cyprus |
|
|
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 |
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 04/02/10 |
| Specialist draws up list of overseas property investment hotspots for 2010 |
|
|
 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 |
|
| Added 04/02/10 |
| Property investment identity theft a growing problem in Spain |
|
| 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 |
|
| Added 04/02/10 |
| Fly to let property investors take advantage of low interest rates in France |
|
|
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 |
|
| Added 04/02/10 |
| New terminal makes travelling to Egypt more convenient for Fly to let customers |
|
|
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 |
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 26/01/10 |
| Recession has helped create property hotspots claims overseas investment company |
|
|
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 |
|
| Added 26/01/10 |
| Big savings for Fly to let customers during British Airways sale |
|
| 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 |
|
| Added 26/01/10 |
| Still plenty of positives in 2010 for ‘sensible’ cash rich property investors |
|
|
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 |
|
| Added 26/01/10 |
| A new route for Fly to let customers to get away to Spain |
|
|
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 |
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 18/01/10 |
| Pitiful pound helps Fly to Let buyers and sellers arrive at a good price in Spain |
|
|
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 |
|
| Added 18/01/10 |
| Film star tells property investors how to find ‘Italy all in one place’ |
|
| 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 |
|
| Added 18/01/10 |
| Fly to Let sales boosted by special New Year airline ticket prices |
|
|
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 |
|
| Added 18/01/10 |
| Fly to let news - In brief |
|
|
 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
|
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| Added 07/01/10 |
| Rental income of around €2,500 at the height of ski season |
|
 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 |
|
| Added 07/01/10 |
| Foreign investment in property made easier through management lease scheme |
|
| 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 |
|
| Added 07/01/10 |
| A destination for all seasons in Italy |
|
|
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 |
|
| Added 07/01/10 |
| Fly to let ski news - In brief |
|
|
 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
|
|
Subscribe to the Fly to let RSS feed and be kept completely up to date with our overseas property investment news and featured articles.
|
|
| |
| |
