Feed Editor Lite 22 Nov 2007 10:58:51 GMT The Fly to let RSS news feed delivers essential and up to date news on all matters relating to investment property overseas, and the overseas buy to let market. This feed is aimed at UK based ovesreas property investors. http://www.fly-2let.co.uk/rssnewsfeed/rssnews.xml Copyright 2007, Write Now Publications Ltd editorial@fly-2let.co.uk.co.uk en karlh@fly-2let.co.uk http://www.fly-2let.co.uk/images/fly2letlogo_small.jpg http://www.fly-2let.co.uk Essential overseas property news and information for UK property investors. New research from Cater Allen Private Bank, part of Banco Santander, found that over three million Britons are likely to buy a property overseas within the next two years as economic conditions in the UK deteriorate. In contrast to the gloomy outlook in the US and much of Europe, the Turkish real estate sector is expanding due to a rapidly growing... 7 Oct 2008 16:42:35 GMT http://www.fly-2let.co.uk/news109.html 1FCFFCFA-5362-4683-99D2-179298576259 Fly to Let investors may now find it easier to find properties along the stunning Italian coastline of Amalfi. Previously property usually changed hands privately, by local word of mouth, but independent real estate and restoration agency, Italian Property has managed to expand its network to cover this dramatic peninsula, south of Naples, which is famous for its breathtaking views. 7 Oct 2008 16:42:18 GMT http://www.fly-2let.co.uk/news110.html DA7EC342-4958-4987-B35A-8040ADABA7AC Demand for Fly to Let properties in Bulgaria does not appear to be waning. According to data published on aplaceinthesun.com over 14,500 Britons purchased property in Bulgaria last year, bringing the overall total to 40,000 to date. Nick Barnes, Head of International Research, Knight Frank, said... 7 Oct 2008 16:41:52 GMT http://www.fly-2let.co.uk/news111.html C0A95949-08C7-4B17-A22F-0650B2BABEE5 Cash rich Fly to Let investors will be studying the slide in the world’s housing markets to see if there are opportunities to snap up bargains in places where property prices are most likely to rise again in the near future. According to Globalpropertyguide.com the tumble in the financial markets caused a fall in inflation-adjusted house prices in... 30 Sep 2008 13:13:33 GMT http://www.fly-2let.co.uk/news106.html 846D584A-D794-436B-BF97-77E68F5FD696 Despite gloomy economic conditions affecting property markets elsewhere in the world, St Lucia has had a buoyant year for property sales. The Landings, a private yacht development near Rodney Bay, has experienced its most successful sales year to date. The rental market for Fly to Let owners is year round, and average capital appreciation is anywhere from eight to 20 percent. 30 Sep 2008 13:13:32 GMT http://www.fly-2let.co.uk/news107.html 98C8CAC0-9021-4831-BCF3-9C1A5A6FBF92 Independent overseas property business portal Globaledge has released the results of an in-depth study into the most searched-for Spanish property destinations by internet users outside Spain. The Globaledge Search Index collects data from over 13,000 unique Spanish property search phrases on Google’s Keyword tool and aggregates... 30 Sep 2008 13:13:32 GMT http://www.fly-2let.co.uk/news108.html 88F64E83-8323-42AF-A317-9F356335B8CF A new comprehensive title insurance policy in Spain designed to protect residential purchasers of Spanish property and their lenders from a range of potential title issues is being introduced by Stewart Title Ltd. It includes protection against fraudulent activities such as a Fly to Let properties being re-mortgaged or sold without... 22 Sep 2008 18:16:28 GMT http://www.fly-2let.co.uk/news103.html 48EEA5F2-5EBA-4EA6-B879-758B3468B657 The opening of this year's high tourist season on the tropical haven of Phuket will also see the opening of its newest high-end resort, the Village Coconut Island. The Village claims to be unique because of its location on a golden beach on Koh Maphrao (Thai for Coconut Island). Before the arrival of The Village, Coconut Island was a quiet backwater with a small, close-knit community living off fishing and rubber or coconut cultivation. 22 Sep 2008 18:16:09 GMT http://www.fly-2let.co.uk/news104.html 63AE4372-E3E9-4DAD-92D8-16C8E1E5A88B The success of a new ski resort development in the French Alps that offers Fly to Let investors the chance to rent out their properties all year-round to holidaymakers has prompted the developer to unveil plans for the final phase. It will be ready for occupation in December next year. 22 Sep 2008 18:15:54 GMT http://www.fly-2let.co.uk/news105.html F264A0A6-E7A8-46C9-992A-D193C1F2A362 One of the lesser known yet tried and tested property investment approaches that's becoming better known since Cyprus joined the EU, entered the eurozone and raised its profile as an international business hub, is the city-based corporate letting opportunities in Limassol. Martin Pearce, UK Sales Manager of Aristo... 15 Sep 2008 12:01:22 GMT http://www.fly-2let.co.uk/news100.html B7BDD014-B4E3-49F3-8B39-0303046B0903 North Africa’s smallest nation, Tunisia, may be overshadowed by near neighbours Morocco and Egypt in the current property press, but the country is set to make a big impact. Property prices are low, even as low as Morocco was five years ago and the bonus is that unlike some far-flung destinations a property in Tunisia is both a good investment as well as being close enough - three hours direct from London - to actually hop on a plane and enjoy. 15 Sep 2008 12:00:51 GMT http://www.fly-2let.co.uk/news101.html BB18BEBB-5AF9-4F9E-8BC6-D76CE9DAB364 Once upon a time the Canary Islands were an exclusive holiday haunt for only a select few who actually knew where the Spanish archipelago was hidden in its tucked away corner of the North Atlantic Ocean. Then came cheap flights, package holidays and greater notoriety for the likes of Tenerife and Lanzarote... 15 Sep 2008 12:00:29 GMT http://www.fly-2let.co.uk/news102.html 133A5310-A7A7-484E-90EF-D1E1FAD6EBA5 A new service to investors buying leaseback properties in ski resorts primarily to generate income but, in some cases, requiring the facility to occupy their apartments at almost any time of the year if they wish to do so, has been launched by The MGM Group, the French lakes and mountain property developer and holiday... 5 Sep 2008 11:58:57 GMT http://www.fly-2let.co.uk/news97.html 9DD4BE25-B776-49D0-A731-AB77855985D1 Although the Spanish Ministries of Housing and Economy & Finance has been producing gloomy figures when it comes to property, one specialist is claiming that where there’s distress, there's opportunity. Costa Cálida-based Mercers says it is experiencing increased sales figures over the summer as bargain-hunters come out in force. Director of Mercers' Mazarron office, Gerard Rees said: "Thankfully it seems that every cloud does indeed have a silver lining and buyers are able to pick up some incredibly well-priced properties. 5 Sep 2008 11:58:22 GMT http://www.fly-2let.co.uk/news98.html A9ACCD8F-7E06-41E5-8431-E7C2DA88DE03 When London-based Gilles Acogny, a seasoned investor with a portfolio of property stretching across France, Senegal and the UK, was deciding his next move he wanted to be sure of the credentials of the development he was putting his hard-earned cash into. Most developers claim 'rental returns will be high' in their... 5 Sep 2008 11:58:04 GMT http://www.fly-2let.co.uk/news99.html 82D8EC93-87D4-4EEC-A5A7-25228F3D011D Rental yields on a new beachfront development in the heart of the Dubai Waterfront, near the base of Palm Jebel Ali are expected to reach an attractive 12 percent per annum after they are completed in 2010. The demand for rented accommodation will be assisted by the fact a staggering 25,000 foreigners are relocating to Dubai... 26 Aug 2008 17:48:57 GMT http://www.fly-2let.co.uk/news94.html D70F3F70-90AA-41D5-9DD9-30F7846AFE60 When the Sunday Times put Italy’s Tropea at number one spot in its 'Top 20 Beaches' report in January 2007, the automatic assumption was ‘best’ equals ‘expensive’. Imagining it to be the almost eponymous St Tropez of Calabria, potential Fly to Let buyers shied away from this trendy hotspot and looked at nearby up-and-coming areas not yet appearing on the radar. 26 Aug 2008 17:48:25 GMT http://www.fly-2let.co.uk/news95.html 1EA1FC67-BA26-4C42-98AA-02A58FE52028 The latest Association of International Property Professionals (AIPP) statistics reveal that the US is still an attractive destination for property investment. Figures just released show that the US has been ranked the most popular destination outside Europe and third overall for Brits to buy property overseas in 2007... 26 Aug 2008 17:48:03 GMT http://www.fly-2let.co.uk/news96.html A36E62E6-C7DD-4AE7-ADAC-ACEF217DDCD1 Global property and investment company Aston Lloyd, has compiled a report based on in-depth studies from central banks and ministries called 'The 7 property hotspots’ which identifies the top places in the world where you property investors are most likely to make a profit. Joe Upchurch, director of Aston Lloyd said, "The obvious attraction of buying in an emerging market is that prices are generally low and if you are buying purely for investment in the areas we have identified, things are bound to change. 19 Aug 2008 14:08:18 GMT http://www.fly-2let.co.uk/news91.html 1EEDED62-74D8-4065-9A79-81AD08C14A17 There appears to be no translation for the phrase 'credit crunch' in Brazil. While the London stock market shrank by 1.5 percent during 2007, its São Paulo counterpart expanded by 93 percent due to a flood of foreign investment, a sizeable chunk of which went into real estate. Samantha Gore, Head of Sales and Marketing for Brazil specialists www.uv10.com, said: "The Brazilian property market, whose star performer is the northeast region of Rio Grande do Norte, is still managing to post annual appreciation of up to 25 percent as demand is coming from... 19 Aug 2008 14:07:07 GMT http://www.fly-2let.co.uk/news92.html 1AD49EC7-ACBF-40B9-8F69-5FFFC6010B33 If you were told you could buy an apartment in a six-star Cape Verde resort for just €6,000, take ownership upon completion in 2010, have absolutely nothing to pay until 2015 and 100 percent confidence you could get every cent back if the developer ran into financial difficulty you would probably be a bit suspicious that it was... 19 Aug 2008 14:06:36 GMT http://www.fly-2let.co.uk/news93.html ACD69314-EF1C-493D-825C-E0F293D159A8 Despite reports that the traditional 'fly to let' rental market in Spain is suffering from over saturation there are still some lesser explored, more profitable pockets of the rental property market that previously were the well kept secrets of professional and institutional investors only. Now that real estate prices on average have adjusted and fallen... 11 Aug 2008 17:23:08 GMT http://www.fly-2let.co.uk/news88.html 103A77AE-ED6E-4AFE-B4A6-5D042F462DA2 With a population of just 3.5 million - less than half that of Greater London’s - Uruguay nonetheless manages to pack a great deal into a small area from beautiful colonial towns to attractive beaches. Although the country only previously attracted a small amount of visitors, the number of Fly to Let buyers has increased dramatically. 11 Aug 2008 17:22:46 GMT http://www.fly-2let.co.uk/news89.html B5B050FF-15FE-40A0-BB51-FAD76F6BB260 David Prizeman a former construction worker, who was originally from Dublin, first visited Malta back in 1990; in the same month that Tina Turner played a live concert there. It was to be the start of a long standing love affair with the island, that 10 years later led him to make his first property investment on the island. 11 Aug 2008 17:22:21 GMT http://www.fly-2let.co.uk/news90.html 8988BB17-884F-409A-BB62-8294BCA21266 The majority of Fly to Let holiday home owners do not think a rise in travel costs due to green taxes will not impact upon their investment, claims the latest results of a survey carried out by Savills Research and Holiday-Rentals.co.uk. The survey also found that Fly to Let investors are now targeting locations that are... 5 Aug 2008 13:40:20 GMT http://www.fly-2let.co.uk/news85.html 192BE47B-B9A0-4C67-83FC-AFFB4C3FC347 Fly to Let owners with property in Turkey will be delighted by the news from the Tourism Ministry announced last week an impressive 19.17 percent increase this June in the number of foreign visitors there – a rise of nearly four million tourists in the first half of the year, compared with the same period last year. Turkey’s imminent, yet not current, state of EU membership, is also acting as an attraction for purchasers looking to invest in a Fly to Let property. 5 Aug 2008 13:39:56 GMT http://www.fly-2let.co.uk/news86.html DCA5A4BC-FE9C-47F6-BAB2-CBFFD4A04C53 Egypt is one of the most promising emerging markets in the world according to Steve Worboys, MD of property investment specialists Experience International. The fundamentals are in place for the annual 25 percent capital growth being enjoyed in certain parts of Egypt as well as rental yields in double figures. 5 Aug 2008 13:38:59 GMT http://www.fly-2let.co.uk/news87.html DF3503D0-0CC6-4D05-9914-F57E0CFD2F02 With uncertainty about the health and future of the UK housing market dominating the headlines in the British press, and similar stories appearing in newspapers across the globe relating to housing markets from America to Australia, does property as an asset class still make a sound investment choice? 28 Jul 2008 16:07:50 GMT http://www.fly-2let.co.uk/news82.html 5049BFAB-4A15-4AA6-B6A5-5B2B2F5680A2 Many potential Fly to Let investors are tempted to buy an Italian rustic ruin with the intention of restore it to its former glory. However, turning a tumbledown building into an idyllic holiday home can be fraught with hazards: people often realise too late that the required renovation is beyond their financial and practical means. 28 Jul 2008 16:07:32 GMT http://www.fly-2let.co.uk/news83.html 24E2D4D6-FC97-4666-952A-507777E2F465 The Famagusta region of Cyprus has become synonymous with the clubbing paradise of Ayia Napa, but there is much more to tempt the Fly to Let investor. It has small family towns, great beaches and some attractively priced property, some as much as 20 percent lower than property in Paphos. 28 Jul 2008 16:06:41 GMT http://www.fly-2let.co.uk/news84.html C42D01DA-989B-4C31-A51E-7454D82422AD Despite the economic gloom back home, 2008 looks like being a bumper year for the Turkish tourist industry with early arrivals up 18 percent and experts predicting over 27 million visitors by the end of the year. Record numbers of British property buyers are also being attracted by the country’s spectacular scenery, sandy beaches and excellent value for money. 21 Jul 2008 17:35:48 GMT http://www.fly-2let.co.uk/news79.html 282FFB49-EBE3-4DA7-984E-29D1A9D9A4B7 Investors are pouring money into the overseas property sector, according to one of the U.K.'s overseas property investment specialists, which it says is a sign that they remain confident in the long-term prospect of returns from the real estate market. Almost $20bn (£10.2bn) of real estate funds are to be launched this week as equity raising for property investment shows no sign of slowing. 21 Jul 2008 17:35:12 GMT http://www.fly-2let.co.uk/news80.html 581BCCF5-45DF-4CC7-B402-FF7830B92D91 Three quarters of first time buyers (FTB) are abandoning their plans to buy property in the UK due to market instability, with nearly half putting their hopes in property abroad. Moneycorp's First Time Buyers Report examines the FTB market every two years. 21 Jul 2008 17:34:49 GMT http://www.fly-2let.co.uk/news81.html BD029600-8BE7-47E2-9CBE-3597D0E6013B Turkish Fly to Let property owners will be delighted by news that for the first time in 40 years Spain is no longer the most popular destination for British summer holidays, if latest figures are to be believed. Turkey, according to Co-op Travel, has attracted over a third more holiday makers this year compared to 2007 and has seen... 14 Jul 2008 17:16:38 GMT http://www.fly-2let.co.uk/news76.html E942B561-5669-4089-B5F6-C56607FE4042 Fly to Let investors who have purchased, or are looking to buy in the Dominican Republic, could benefit from a railway linking Santiago and Santo Domingo which is expected to significantly boost the country’s development. The link would be part of a 3.7 billion Euros that may be invested into the tourism industry in the next four years. 14 Jul 2008 17:16:13 GMT http://www.fly-2let.co.uk/news77.html 4D2BE0C0-FFB7-4C1C-816E-2D0D053B7B72 Such is the predicted growth for rented tourist accommodation in Morocco’s Marrakech that the developers of villas at Salama Valley 3 are offering purchasers renewable 7 percent rental guarantees over nine years. The annual percentage increase on rental returns of... 14 Jul 2008 17:15:43 GMT http://www.fly-2let.co.uk/news78.html 236E8F15-B521-490E-82B6-856C11E67DA8 Hundreds of Britons who have sold a property in Spain between June 2004 and December 2006 have begun the fight to reclaim their money from the Spanish government, who overcharged them Capital Gains Tax by 20 percent. However, where as initial conservative estimates put the total amount to be reclaimed at £11,000 per person - totalling... 8 Jul 2008 09:32:25 GMT http://www.fly-2let.co.uk/news73.html 63458312-43A9-4A8B-9EC8-92231FD1BB53 Portugal has been a popular place for Fly to Let investors to take advantage of the tourism market for many years. But recent changes in tourism trends and more destinations becoming accessible through the introduction of low-cost airlines, has put pressure on Portugal to sustain its market share in the industry. 8 Jul 2008 09:32:02 GMT http://www.fly-2let.co.uk/news74.html 39CB158F-6C57-4FEA-BE81-20D2585B5481 Tourism in Fiji, which already represents a quarter of the country’s GDP is getting another boost from the national carrier Air Pacific. Air Pacific plans to invest $2.6 billion to extend the fleet with eight new aircrafts – including three more 787s. Plus, the company also stated it will not withdraw from any of its routes because of increased fuel... 8 Jul 2008 09:31:40 GMT http://www.fly-2let.co.uk/news75.html 0C8CD715-6131-4441-B901-96C1A1273D12 The Costa del Sol is becoming one big summer sale with properties going for up to half their recent market value according to reports. However some experts say these reports are exaggerated and it’s not quite a bargain hunters’ paradise, although there are indeed some good deals to be found in today’s cool property market. 2 Jul 2008 11:13:03 GMT http://www.fly-2let.co.uk/news70.html 539604A7-8298-454B-8E36-B4F7FEDD84F7 Some attractive lease back offers are being made available at The Amadia Resort and Spa, in the popular, lively and stylish coastal French resort of Biarritz. It is being developed by one of France’s leading developers, Maisons de Biarritz (MdB), who is renowned in France for a number of first class developments from the Atlantic Coast to the French Riviera. 2 Jul 2008 11:12:33 GMT http://www.fly-2let.co.uk/news71.html A35671EC-9D53-403E-BF25-54BDAB244F9B The health of the property market in America is worsening on a month-by-month basis but property experts are saying for pure property investment, now is possibly the best time to buy in to the US housing crisis and profit from soaring rental demand and rapidly advancing rental yields. 2 Jul 2008 11:12:03 GMT http://www.fly-2let.co.uk/news72.html DF1D2D07-C311-4BBA-A905-ECBE95A5C834 Reports on the investment attraction of Venezuela, and in particular Isla Margarita have been coupled with others about how stable the political leadership is. However, it is claimed that Venezuela is a politically secure country with a $182 billion economy that has expanded at an average rate of over 12 percent in recent years... 24 Jun 2008 11:55:26 GMT http://www.fly-2let.co.uk/news67.html 3A87D8BB-6516-4D74-B32A-80705AB1A974 The US sub-prime housing market crash is rolling into its third year and several prominent economists have gone on record to say that the US economy is already in recession. But in the midst of all that doom and gloom, The World Economic Forum (WEF) has put America in no1 spot for the fifth year running in its annual economic competitiveness chart. 24 Jun 2008 11:54:59 GMT http://www.fly-2let.co.uk/news68.html 206F9511-CB6A-43B4-B64D-FABF61F4A741 Fly 2 Let purchasers and property investors from Britain and the rest of Europe have spent US$646 million on property in Brazil since 2007. This figure was included in a study by the University for economics, Fundação Getúlio Vargas (FGV), and unveiled during the Nordeste Invest Real Estate and Tourism Conference in Recife, Pernambuco in May, that showed non-residents have invested a total of... 24 Jun 2008 11:54:35 GMT http://www.fly-2let.co.uk/news69.html 939CDA95-6F70-4FA7-9B47-F22F4886C0F5 The Turkish town of Ozdere, described as an undiscovered Mediterranean jewel, has seaside apartments on sale for £36,500. So far the destination has escaped the attention of foreign Fly to Let buyers and therefore property prices have risen more slowly and are currently 15-20 percent lower than nearby resorts like... 17 Jun 2008 10:52:26 GMT http://www.fly-2let.co.uk/news64.html 25070CE1-EC35-4222-92A7-185447E54AC1 With the boom in property over the last few years, purchasing Fly to Let property in Florida had become too expensive for many. However, the recent economic slowdown and the strength of the sterling, has opened a window of opportunity. One such example is an established developer offering property within 30 minutes of Disney World from just £36,000. 17 Jun 2008 10:52:08 GMT http://www.fly-2let.co.uk/news65.html 8E00132E-B93C-4782-8BFB-D773C493EE02 In what is claimed to be a unique and unprecedented move, the Government of Cape Verde has commissioned an initiative, Cabo Verde Iniviativ SA (CVI) to protect the interests of its overseas property investors who have purchased in their country. It aims to ensure that mistakes made in previous property investment hot spots... 17 Jun 2008 10:51:46 GMT http://www.fly-2let.co.uk/news66.html BC08947D-7D7E-4E5F-BC86-0E63EDBF1C80 When looking for somewhere with a good rental opportunity, Fly to Let investor Paul McDonnell decided accessibility was an important factor when buying a property. He settled on an Italian villa in Western Liguiria which is one hour from Nice and Genoa airports with around 20 flights a day possible from the South of England, with fares as low as £30 return. 10 Jun 2008 16:40:00 GMT http://www.fly-2let.co.uk/news61.html 8C15C66C-95C9-48C2-A6C9-C936898D2CE9 With a 17 percent drop in value for the pound against the euro versus this time last year, British Fly to Let investors are tapping at their calculators and talking themselves out of an overseas purchase. But in the case of off-plan property one property specialist believes many are scaring themselves unnecessarily through number crunching and has come up with a limited offer to attract more buyers. 10 Jun 2008 16:39:43 GMT http://www.fly-2let.co.uk/news62.html 0A749436-9CF3-4B24-9C67-E4743838A937 A brand new British demographic group is being attracted to join the Fly to Let overseas market in an effort to make their pension and savings income worth more for when they eventually retire. The group has been identified and labelled FREDs. Members of this demographic are over 50s who are ‘facing retirement... 10 Jun 2008 16:39:16 GMT http://www.fly-2let.co.uk/news63.html D3A40FC5-87C4-4CB8-ACAF-8956C3DB0122 A quarterly tracker of overseas property hotspots pooled from key investment criteria has revealed it is an old faithful and a new go getter that are offering the best buys for overseas fly to let investors. Detailed research from Assetz, a UK property investment specialist, provides information on capital gains and rental returns. 3 Jun 2008 11:26:28 GMT http://www.fly-2let.co.uk/news58.html 26A98CEC-4044-40BA-AE19-842A92FE3D07 The promise of rental returns on top of strong capital growth has attracted fly to let investors to Turkey; while those buying primarily for their own use often decide that a few weeks rental can cover the cost of maintaining their property. If the predictions are to be believed, the Turkish holiday rental market has huge potential. The country is expecting 24 million foreign tourists this year and over one million of these will be British. 3 Jun 2008 11:26:07 GMT http://www.fly-2let.co.uk/news59.html 6BBCD5CC-BAB3-47A6-A0FE-44385A13AA5C The latest HiFX Monthly Global Property Hotspots Report reveals increased interest in American properties as fly to let buyers seek to take advantage of the weaker dollar and US property prices which have fallen by around 30 percent in the last eight months. 3 Jun 2008 11:25:47 GMT http://www.fly-2let.co.uk/news60.html 77003E2D-89D7-46C2-AE71-3690F9FE333E One of the best combinations for a buy to let property would be below market value property, strong rental yield driven by tenant demand, an area of high employment with good prospects for long term capital growth and a typical landlord’s insurance policy to give added protection. 27 May 2008 11:32:12 GMT http://www.fly-2let.co.uk/news55.html 879D4673-254A-485E-9795-678FF0F3D846 Fly to let investors travelling to Dubai risk prison if they fail to pack carefully, warns specialist international moving company Cadogan Tate. Simple vitamin supplements, Paracetemol-based products and even poppy seeds could see unsuspecting travellers put behind bars for four years if found in luggage. Booze cannot be brought home, while even simple holiday snaps could be interpreted as being pornographic, warns Cadogan Tate. 27 May 2008 11:31:54 GMT http://www.fly-2let.co.uk/news56.html E6522617-8E28-481F-BED9-D0CCF370D6C3 The desire by Fly to let investors to own properties in the sun has not subsided but for those considering purchasing overseas, especially within the euro zone, concerns over currency fluctuations are making some think twice. The pound’s weak performance... 27 May 2008 11:31:21 GMT http://www.fly-2let.co.uk/news57.html E22485F6-7870-44FE-854C-33E31520C233 Overseas investors can enjoy the benefits of no capital gains tax, no buying tax and no inheritance tax when buying into a new luxury 5 star resort in the Dominican Republic. Las Canas, which is being marketed in the UK by Harlequin Property, is situated on the Dominican Republic’s north coast and enjoys 800 metres of white sandy beaches. 19 May 2008 16:51:04 GMT http://www.fly-2let.co.uk/news52.html AB514D53-7BF5-4BBF-A1DB-CD1C4EFDA4FC Canada’s oldest and arguably most well known and successful brewery was founded by a British emigrant and entrepreneur called John Molson back in 1786. Molson moved to Canada from Lincolnshire at the tender age of 18, fell in love with the Canadian province of Quebec, established Molson’s Brewery on the banks of St. Lawrence River in Montreal, made a family home on Mont-Tremblant and became one of the most highly respected citizens of Canada... 19 May 2008 16:50:48 GMT http://www.fly-2let.co.uk/news53.html 7BB1BDA3-8EF0-439A-B08B-37C119EC41A1 Despite the recent falls in UK house prices, the average cost is still around £200,000 in (£350,000 in London). Therefore paying £14,000 for a 20-bedroom guesthouse with two bowling alleys may seem like an elaborate April fools joke. 19 May 2008 16:50:29 GMT http://www.fly-2let.co.uk/news54.html F1845BFA-3EB5-4E99-B451-C0D8A93AF1B5 Punta del Este may be the best known destination for fly to let investors in Uruguay, but it could soon have a rival when it comes to attracting international visitors. The historic town of Colonia del Sacramento, 45 minutes by ferry from Buenos Aires, is one of the main gateways into Uruguay, with 25 percent of the... 13 May 2008 13:02:43 GMT http://www.fly-2let.co.uk/news49.html 0F7C8E63-8234-4855-AE4D-A65B7625A4A8 Increasing numbers of UK workers are working abroad, tempted by further career opportunities and potential higher earnings, according to the NatWest International Personal Banking (NatWest IPB) Quality of Life Report. This increase represents another opportunity for overseas property investors who can rent out accommodation to workers who are only staying a short period of time and so do not want to buy a place themselves. 13 May 2008 13:02:24 GMT http://www.fly-2let.co.uk/news50.html B6C65C7A-1097-4C74-957E-099188F1B937 UK estate agents are more pessimistic about the UK economy than at any time over the past 30 years. But there is a silver lining for those with an interest in overseas mortgages in the Euro-zone. Since the Northern Rock debacle became public in late 2007, the Sterling exchange rate has gradually weakened against the Euro... 13 May 2008 13:02:06 GMT http://www.fly-2let.co.uk/news51.html 92C62586-A3B9-4C65-B61C-22072CA8A213 Fly to let investors along the Tetounaise coastline in Morroco could benefit from one of the country’s action plans for the area. Tamuda Bay being between the city of Fnideq just outside the Spanish enclave of Ceuta down to the fishing town and beach resort of M’diq is earmarked for 3.3bn Dirhams-worth of investment (over £200 million) to... 7 May 2008 17:09:17 GMT http://www.fly-2let.co.uk/news46.html D6CE3349-4484-4C18-93F2-FC4A817E9EF5 Laws that favour landlord and a massive shortage of property are two of the reasons why prices have continued to rise in the Czech Republic despite a global credit crunch claims PragueProperty4Less MD Damian Qualter. Other reasons include high capital growth and no capital gains tax. 7 May 2008 17:08:59 GMT http://www.fly-2let.co.uk/news47.html A835CF17-D4F7-4AB6-B8B2-AF646F190910 Malaysia is a fascinating nation that has emerged in recent years as one of the most sustainable economic success stories of the Asian region. It is therefore of no surprise that predictions for the continued expansion of the country’s economy are positive, and that the greater promotion of Malaysia’s appeal as a tourism destination and a second... 7 May 2008 17:08:33 GMT http://www.fly-2let.co.uk/news48.html D8314F91-1B98-4304-8260-89072C0A76BB The new Spanish government has approved a series of economic measures designed to stimulate the economy and encourage more foreign investment. ASEC Group, an international associate of the UK200Group of accounting and legal firms, says this will affect British property owners, and other expatriates. 28 Apr 2008 17:58:52 GMT http://www.fly-2let.co.uk/news43.html 8C9D89DE-5D17-43FD-AD6D-1595A3F5EA19 Bulgaria's Directorate for National Construction Supervision (DNCS) announced 193 demolition orders for illegally constructed property across its coastline last month. Many are food outlets which violate the Bulgarian Black Sea Coastline Act although some fear that residential properties could face the demolition ball particularly if they’re found to be in designated green areas formed to protect native wildlife. 28 Apr 2008 17:58:33 GMT http://www.fly-2let.co.uk/news44.html 0E47BE99-33DA-46BB-875F-A1E274CE6410 Known as the Switzerland of South America, Uruguay is being seen as a safe emerging market destination for investors looking to balance risk with reward. The country is in the south-eastern part of South America, on the coastline between its more illustrious neighbours, Brazil and Argentina. With a population of more than 3.5 million... 28 Apr 2008 17:57:22 GMT http://www.fly-2let.co.uk/news45.html 7ECB8ABF-DDA7-46F4-AF3F-B1565ACF69D4 The issuing of title deeds to foreign buyers has been temporarily suspended in Turkey while two controversial clauses in the country’s property law, which relate to property sales to foreigners, are amended. The Turkish Constitutional Court ordered the halt from 16 April to allow the re-drafting of legislation to address... 23 Apr 2008 11:07:51 GMT http://www.fly-2let.co.uk/news40.html C051B1D4-FFA7-4152-BF8D-3D481E8B8ADA Fly to let investors keen to support moves towards ecobuilds and sustainability will be attracted to places like The Village, Coconut Island located close to Phuket. The venue has been awarded the ‘Commended’ kitemark from whatgreenhome.com, a website which profiles eco-developments around the world and annually makes awards to places that they feel are worthy of recognition because of their sustainability. 23 Apr 2008 11:07:35 GMT http://www.fly-2let.co.uk/news41.html 9637D90C-0A2B-4ABC-8091-5BDAA4D8DDE9 A weaker pound and rising prices has made European property more expensive but buyers can use the exchange rates as a negotiation tool to get prices down says a currency broker. HiFX says it understands why with the markets in turmoil, property prices in flux and Sterling falling against the Euro, but still riding high against the Dollar... 23 Apr 2008 11:07:13 GMT http://www.fly-2let.co.uk/news42.html CB8ECBC5-5843-4F6D-A828-BCF6B3D07660 The Turkish Golf Federation has plans to add 100 new golf courses to Turkey’s current tally of less than 20. Golf tourism is already experiencing strong growth in the country and revenues should hit 500m euros by 2010. Turkey wants to replicate the tourism opportunities generated in popular golf destinations such as... 15 Apr 2008 16:39:44 GMT http://www.fly-2let.co.uk/news37.html 61BED847-8C8A-4D4F-9AA8-3FA2FE4F1E33 Rental growth forecasts by financedaily.co.uk strongly suggest that European property will outperform the UK across all sectors. An investigation by Maire Bonheim featured on the website explains that property markets across the world have experienced some tough times in 2007 as international economic events have shaken consumer confidence, but the property market across Europe has fared relatively well despite market fluctuations. 15 Apr 2008 16:39:28 GMT http://www.fly-2let.co.uk/news38.html CF9696A6-2B70-4C2E-B363-146BDCA56747 The Caribbean, often described as the playground of the rich and famous, has been getting more affordable. The depreciation of the US dollar against major currencies such as the British pound and the Euro, has made Caribbean properties more attractive. More affordable… but still not cheap! Property prices in more popular and developed... 15 Apr 2008 16:38:26 GMT http://www.fly-2let.co.uk/news39.html 37B1DDC0-4A8B-4022-9AE9-805ADB0902AF Duchy Estates claims the unannounced visit from a Decreto 218/2005 Inspector last month which resulted in a fine of several thousand euros for ‘non-compliance’ has actually improved the business, and the company is keen to explain why. Andalucian law, Decreto 218/2005, was recently passed in order to safeguard Spanish buyers and... 8 Apr 2008 14:16:03 GMT http://www.fly-2let.co.uk/news34.html 4790555B-3276-4EDF-A343-E7A6B9C6EEE2 Many fly to let investors in Argentina have been waiting to see what affect, if any, there will be on the property market now that Ms Cristina Fernández de Kirchner has taken over from her husband as President of the country in December 2007. Not surprisingly she has continued many of her husband's policies, and has kept on almost three quarters of his cabinet. 8 Apr 2008 14:15:46 GMT http://www.fly-2let.co.uk/news35.html 4843FAEB-21CC-467B-8813-8B0888990B61 The developers of new residences in Paris claim they are set to revolutionise the buy to let French Leaseback tourism industry. Parisian architect Roland Castro and French designer Philippe Starck have teamed up with the owner of the project Serge Trigano, the former president of Club Med, to produce Mama Shelter in Paris’s 20th district. 8 Apr 2008 14:13:01 GMT http://www.fly-2let.co.uk/news36.html 1D61AD81-6B1A-4414-9322-BC0909D00023 The latest Spanish Ministry of Housing (MVIV) figures published reveal that the number of property resale transactions to foreign buyers actually fell by almost 18% from Q2 2006 to Q2 2007, from 21,628 to 17,815. More specifically a significant drop in figures was recorded in the Spanish capital, Madrid, where resales to foreigners declined... 1 Apr 2008 14:32:56 GMT http://www.fly-2let.co.uk/news31.html D28C3AF1-E45A-4EE0-9103-15B97C035F63 There is yet more evidence emerging that as American nationals struggle to come to terms with a very depressed housing market, British property investors are starting to make hay while the sun shines. Primelocation’s latest international search data reveals that the USA recently broke into the top three most popular search destinations for the first time... 1 Apr 2008 14:32:30 GMT http://www.fly-2let.co.uk/news32.html 9BBF4E89-44B9-40F8-BC45-652BE67C3E5F A massive $35 million worth of property was snapped up by eager purchasers on 1st March 2008 at the launch of the last phase of apartments at Revelstoke Mountain Resort, bringing the total sales to date to more than $100 million. Revelstoke Mountain Resort in Canada is expected to be completed over 15 years and will... 1 Apr 2008 14:32:08 GMT http://www.fly-2let.co.uk/news33.html 6A0F66E9-5E19-453F-91A5-03D3E49102CA The World Travel and Tourism Council (WTTC) has unveiled its latest research results which indicate the importance of some of the world’s emerging markets as strong sources of income for fly to let investors. Tourism Satellite Accounting (TSA) research is based on the UN standard for Satellite Accounting. 25 Mar 2008 17:02:52 GMT http://www.fly-2let.co.uk/news28.html 4DE3C783-F24F-4AE6-8EBD-EBF2187F3F74 Fly to let investors in Panama will benefit from new tax exemption law, which coupled with many other existing tax benefits, make the country an increasingly popular real estate investment location. Housing Minister, Balbina Herrera, announced recently that the country will be extending its 20 year property tax exemption for foreign investors. 25 Mar 2008 17:02:27 GMT http://www.fly-2let.co.uk/news29.html 12173585-6EE7-4F05-B100-3436BF434AFD Fly to let investors who bought in Bangkok a few years ago have watched the value of their properties double or, in some cases, even triple or quadruple says property specialist David Stanley Redfern. Tourism in Thailand has been growing 20 percent year on year and as a result the biggest gains are to be made are on resort properties. 25 Mar 2008 17:02:10 GMT http://www.fly-2let.co.uk/news30.html 50C2DA34-5314-4429-9E71-4944712B93E5 The latest 'Open Skies' agreement between the EU and the US may see a higher demand for holiday lets in America as competition between airlines increases. There has been a recent upsurge in investors taking up property opportunities in the United States due to the economic climate and strong UK pound. 18 Mar 2008 14:20:23 GMT http://www.fly-2let.co.uk/news25.html DD107349-B100-4024-98F1-F3601F5A7BCC The Bulgarian city of Sofia is becoming a highly strategic location in for property investment - especially for the purpose of renting to a growing local commuter market. Rising demand is originating from foreigners working for the big multinationals in Sofia with companies such as Nokia, Microsoft, and Marks & Spencer all setting up operations in and around the city. 18 Mar 2008 14:19:57 GMT http://www.fly-2let.co.uk/news26.html D4C90D48-C20E-4B6B-B862-97DE187C043A Le Hameau des Rennes, a collection of luxury ski-in ski-out chalets and chalet style apartments in the expanding resort of Vars in the Southern Alps is being marketed in the UK by Erna Low Property. Situated at 2000m, Vars-les-Claux is the highest of the four Vars villages including Saint Marcellin, Sainte Marie and... 18 Mar 2008 14:19:26 GMT http://www.fly-2let.co.uk/news27.html 5F40DD56-9A22-47C2-9170-C67257ABE143 The majority of housing markets slowed sharply or slid backwards across Europe during the second half of 2007 in response to inflation-induced interest rate rises, according to the European Housing Review 2008. The prime cause, according to the report, has been the general rise in mortgage interest rates over the past 18 months. 11 Mar 2008 13:25:08 GMT http://www.fly-2let.co.uk/news22.html 0DF4348C-2796-46DC-9050-1B58386AB045 A new state-of-the-art marina at the Spanish coastal town of Mijas will help ease the need for more berths and will attract more tourism to the area. The province of Málaga has 150km of coastline housing 11 marinas sharing 4,240 berths between them. The EPPA (Empresa Pública de Puertos de Andalucía or Public Company of Andalucian Ports) estimates that there is a deficit of 4,300 berths in Málaga alone, a shortfall of more than 100 percent, and if anything waiting lists are... 11 Mar 2008 13:24:43 GMT http://www.fly-2let.co.uk/news23.html E7CDD73F-2994-41E8-9479-D8DE257F7E7C Italian tax laws have recently changed and it is private buyers looking for holiday homes, supplemented by holiday rentals that are now benefiting. Non-professional investors who are looking for a holiday home that they will enjoy for at least five years are undoubtedly the winners in the Italian property market. 11 Mar 2008 13:24:10 GMT http://www.fly-2let.co.uk/news24.html 5E2E46D5-EF5E-425E-9CB1-EE5A738F257C The historically wealthy peninsula of Istria is commonly considered to belong exclusively to Croatia, and yet tiny portions of this charming area, which was christened 'the Pearl of the Adriatic' by George Bernard Shaw, belong to Slovenia and Italy with the whole of the region having once been under Italian control. 6 Mar 2008 14:26:58 GMT http://www.fly-2let.co.uk/news19.html 7F88CF9A-49D0-4265-9295-A600DCCF88A1 Property investors in Morocco could soon start to benefit from Vision 2010, the national tourism strategy which includes a whole new set of infrastructure improvements. Morocco is already seeing growth, both in its infrastructure and visitor numbers, with tourism demand increasing by 6 percent in 2006, according to the United Nations World Tourism Organization (UNWTO). 6 Mar 2008 14:26:33 GMT http://www.fly-2let.co.uk/news20.html 344113E9-C55F-4EDC-9633-EFE0252FF981 There are less than 15 of the low rise apartments and penthouses now remaining on the market at Infinity Samui in Thailand says Hot Properties Worldwide. Owners can expect a rental programme that delivers 5 percent per annum guaranteed net returns for three years, and a capital gain opportunity on initial investment for... 6 Mar 2008 14:26:16 GMT http://www.fly-2let.co.uk/news21.html C2B400B0-8708-4AEB-836D-FCB90C73280D Knight Frank and Erna Low Property have been appointed the joint agents for the UK and Ireland for the $1 billion four-season Revelstoke Mountain Resort in British Columbia, Canada. This is the first time since the launch of the resort in March 2007 that any of the real estate offerings have been marketed outside North America. 26 Feb 2008 18:49:43 GMT http://www.fly-2let.co.uk/news16.html 08E17704-0752-4959-859D-6191B827347E A shortage of quality accommodation to cater for increased tourist demands in Barbados over the past few years has led to property price hikes and has made the rental market extremely attractive with high earnings achieved annually. Barbados has an endearingly British atmosphere where cricket is the national sport and an intrinsic part of the island's culture, but despite the British influence, it is a cosmopolitan country with a strong character of its own. 26 Feb 2008 18:49:00 GMT http://www.fly-2let.co.uk/news17.html 1D70D073-21A8-4101-B653-B47F79A897F4 A range of particularly affordable properties with several advantages for fly to let investors are being marketed in the Italian area of Puglia. For £50,000 you get a 35sqm one bedroom bungalow with a 6sqm veranda, £66,000 buys you a 55sqm one bedroom bungalow with a 15sqm veranda and £70,000 buys you a 65sqm two bedroom... 26 Feb 2008 18:47:53 GMT http://www.fly-2let.co.uk/news18.html 337D111F-F95D-4074-81CA-A3C7B82B609C The Spanish property market has been in the headlines consistently throughout the latter half of 2007 and all the way into 2008. Media reports currently range from highlighting negative issues such as the over-supply of apartments in some locations which has had a detrimental effect on pricing, to the positive factors that make Spain a consistently popular location with property investors. 22 Feb 2008 11:02:12 GMT http://www.fly-2let.co.uk/news13.html 70F981DF-6DE1-404D-A519-97895C6A5012 Research among mortgage brokers by NatWest International Personal Banking (IPB) reveals that Bulgaria, Turkey and France are the countries they believe will see the biggest demand for properties over the next three years due to cheaper property prices. The NatWest International Personal Banking League of Buying Abroad reveals the top countries to buy properties over the next three years as... 22 Feb 2008 11:01:47 GMT http://www.fly-2let.co.uk/news14.html 12295BB9-7455-46C8-B69F-C113FE2CCB5E Dubai has the fastest-growing population in the world with up to 5,000 people moving there per week. This in turn is driving the property rental market in a country that is being tipped to be the premier investment location in the world. Martin Bowen, UK Sales Director of Profile Europe UK Ltd, said: “With so many people relocating... 22 Feb 2008 11:01:31 GMT http://www.fly-2let.co.uk/news15.html 279C0486-B7AC-45AF-9DB6-F59266802AAA The Turkish Government says it is learning from the mistakes of Spain and ensuring that its pristine and unspoilt coastline remains that way. It has decided that the Spanish approach to building along the Costas is not the way they want to take their country onto the world market for investors of properties. 15 Feb 2008 18:02:53 GMT http://www.fly-2let.co.uk/news10.html 2B2DD727-0996-4005-8661-3C197258D27F Property price growth and rental yields have seen continuous rises in most of New Zealand’s regions creating profitable prospects for landlords and property investors alike. A report carried out by the Massey University Real Estate Analysis Unit registered rises in median residential rent levels across the country by NZ$10 a week over the last quarter of 2007 to NZ$290. 15 Feb 2008 18:02:33 GMT http://www.fly-2let.co.uk/news11.html 46711DD6-F808-404B-B845-252C971F2D03 Eastern Europe is a massively overlooked part of the world and is criminally underappreciated claims an overseas property investment specialist. Interest in Albania's property market, for example, looks as if it is slowly but actually its reputation is becoming more widespread... 15 Feb 2008 18:02:21 GMT http://www.fly-2let.co.uk/news12.html 4001A220-0B0A-46AB-BD89-20D40CAFCF84 The Canary Islands, located 108km from the coast of Morocco are more popular than the Balearic Islands, situated in the Mediterranean Sea, says the latest data from Spanish property portal Kyero.com. The Canary Islands of Tenerife, Fuerteventura, Lanzarote, Gran Canaria, La Gomera, El Hierro and La Palma, ranked 8th in the most popular regions... 10 Feb 2008 20:05:47 GMT http://www.fly-2let.co.uk/news9.html B278B64F-A606-41E7-A288-25005146388B Huelva, capital city of the south westerly Spanish province of the same name, is to receive its own International Airport. Talks officially began in 1999, and this year the Spanish Ministry of Development has sanctioned private company, Agricola el Pintado SL, to build a 350 hectare facility valued at 150 million euros. 10 Feb 2008 20:05:25 GMT http://www.fly-2let.co.uk/news8.html F9F85BAA-16BF-4CC5-8AA2-413AB2393443 Exaggerated claims of property price increases in emerging European property markets led to a slight downturn in investors purchasing in Italy, traditionally a popular destination for Fly to let buyers claims one of the country’s specialist agents. Fortunes have now been reversed and ‘irrepressible Italy’ as a tried and tested marke... 10 Feb 2008 20:05:03 GMT http://www.fly-2let.co.uk/news7.html FC33A161-AB6C-42BA-8D5C-EFEF02B405D7 Nearly half (48 per cent) of the British population believe January to be the most depressing month of the year and 40 per cent would consider buying a place in the sun as a result of feeling depressed or anxious. These were the findings from new research from Moneycorp, the foreign exchange... 10 Feb 2008 20:04:40 GMT http://www.fly-2let.co.uk/news6.html 2D02B3FA-AC92-4620-95BC-9D91A387BC37 Harlequin Property has recently bought Petit Nevis island in the Caribbean and will in the future be offering private properties designed by a renowned architect. Harlequin Island Retreat, has approximately 25 plots of land available for development, will, believes the company, become one of the most prestigious addresses in the world; synonymous with wealth and success. 10 Feb 2008 20:04:23 GMT http://www.fly-2let.co.uk/news5.html D80C62B9-318E-4D89-8A79-C0B28B2C4189 Prices for residential real estate in Bulgaria grew by an average 18,6 percent in 2007 over the previous year due to the developing market and brisk demand, claims local estate agents. The average price paid for residential properties across Bulgaria stood at EUR 737/m2 in 2007 compared to EUR 624/m2 in 2006... 10 Feb 2008 20:03:42 GMT http://www.fly-2let.co.uk/news4.html 321C6815-62B1-4CDF-ACFC-31B0F78539F3 2007 was a difficult year for the Spanish property market and for the seven Canary Islands located off the north western coast of mainland Africa it was no exception. Figures from the Ministry of Industry, Trade and Tourism reported that the Canary Islands were the only region in Spain to report a fall in tourist... 10 Feb 2008 20:03:12 GMT http://www.fly-2let.co.uk/news3.html ABC43519-9DEE-4C9F-AA8A-2B6136C377DC With Turkey gearing up for a record-breaking tourist season in 2008, with 25 million visitors expected, it also looks set to be a busy year for estate agents and developers along the country’s beautiful Mediterranean coast. The affordability of Turkish property is a major attraction for British buyers, along with the country’s climate, beautiful scenery and the government’s ambitious tourism development plans. 10 Feb 2008 20:02:49 GMT http://www.fly-2let.co.uk/news2.html FD556D69-D583-4493-97F1-7294EAC195F2 A new fund offering experienced investors the opportunity to invest in beach-front resorts and leisure complexes in Cape Verde has been launched in the UK by The Resort Group PLC. The Resort Group International Property Fund PCC PLC is... 10 Feb 2008 20:01:32 GMT http://www.fly-2let.co.uk/news1.html A98995A8-11D0-45AB-BBC8-780A0A962872