19. Dec, 2009

PORTUGAL: Property Owners Cheering Golfers

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Portugal Tipped As Top Destination With Portugal pulling out of recession, the European Commission predicts that Portuguese economy will do better in 2010 than previously expected. Having rebounded from a property slump Portugal now sees property prices starting to follow a positive trend. As a new International Airport opens at Beja, an influx of tourists [...]

17. Dec, 2009

TURKEY : DELIGHT TO COME

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Turkey Expected To Lower Interest Rate Turkish homes may be 7% cheaper if the Turkish Lira drops in value following an expected lowering of interest rate in Turkey. As we near the end of 2009 many economists reckon that the rate of borrowing will soon decrease. Already Turkey is enjoying a surge in tourist trade [...]

15. Dec, 2009

GERMANY: Advice For Property Investors

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WHY INVEST IN GERMANY? Germany is the biggest economy in Europe with the most undervalued property market according to the OECD. Where the average tenancy is 7 years and yields of 12%+ are a reality. It is a country with a sophisticated rental market- between 60-85% residents are tennants, depending on city. In turn, this [...]

14. Dec, 2009

USA – CHRISTMAS’ GOOD PROPERTY NEWS

As we near the year end of 2009, the news coming from the US housing market is good. November figures show that number of housing starts at 529,000 which is lower than what the 600,000, Economists had forecast. Is that good or bad? I believe it is good. Why build more when the country has [...]

11. Dec, 2009

FRANCE – French Property on Christmas Shopping List?

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France, through a combination of very low interest rates, attractive property prices and a growing economy, has become an increasingly attractive investment option. Very stable market conditions based on a mature financial system have given a stronger appetite for lending to foreign investors. France, a more established destination currently attracts the smart investor who no [...]