Overseas Property News
International real estate and overseas property news by homesgofast
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- Fri, 6 Jul 2007 00:31:59 +0100
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- Lake Como Property not just for rich and famous
What do George Clooney, Richard Branson and Sting all have in common? They all have houses on Lake Como in northern Italy. Increasingly, so do many international investors with not quite as much money as these big names. While it is the stars that draw the attention, the charms of Lake Como and the reasonable property prices draw most others here. Fortunately for most people, the prices are still quite reasonable and a second home or investment property can be purchased without breaking the bank.
Fri, 6 Jul 2007 00:29:48 +0100 - UK property portal says NO to Tesco
Property portal Primelocation has written to its member to clarify their position regarding the approach made to them by supermarket giant Tesco. Primelocation.com recently confirmed that they were approached by Tesco a few months ago regarding feeding their listings to the new Tesco property website. Primelocation has felt it necessary to clarify its position after reports in the UK press stated that the two were working together.
Thu, 5 Jul 2007 22:35:16 +0100 - Homes Overseas Brand in administration.
UK based Blendon Communications Ltd the company behind brands such as Homes Overseas Magazine, Homes Overseas Magazine Exhibitions, have gone into administration. The company has now been broken up with some of its brands offered for sale by the administrators whilst other parts have already been sold
Wed, 4 Jul 2007 18:10:17 +0100 - British breaking budgets on homes in the UK
UK home buyers are no good at sticking to a budget when buying a property in the UK. A recent study by YourPropertyClub who conducted a survey of 3,500 homeowners revealed more than a third are willing to go over budget to live in a particular area. This over spend translated into an average £9,524 or a 30 per cent overspend on their budgets.
Wed, 4 Jul 2007 06:46:46 +0100 - US Housing market slows as Sterling Flirts with 2 Dollar pound
Overseas property investors buying in the US or in countries that have currency pegged to the Dollar will have kept a keen eye on the foreign exchange markets last week . Sterling flirted with the $2 Dollar level, at one point dropping back to $1.9925. On Thursday 28th June 07 a more serious attack took it above that resistance level and on Monday morning it touched above $2.01.
Mon, 2 Jul 2007 22:01:46 +0100 - Weak Dollar means cheap Dubai & Caribbean property
The decline in the strength of the US Dollar against the Euro and the Pound means that overseas property investors are in a potentially 'win win' situation when buying property abroad. Investors can benefit from cheaper purchase prices and capital gains on an overseas property .This is not confined to solely the US housing market
Sun, 1 Jul 2007 12:11:29 +0100 - Florida Continues to be a Buyer's Market
The news out of southern Florida continues to be a mixture of good and bad news. Good news for anyone looking to purchase or invest in property now, not so good for those who need to sell right now. The market is definitely a buyer’s market, and with exchange rates being what they are international buyers can get some great deals on both existing housing and off-plan property.
Sun, 1 Jul 2007 11:04:57 +0100 - Selling property online at Tesco
Selling property privately online has always been a controversial way to sell a home as it challenges the role of estate agents. Private sellers typically stand to save thousands in commission fees. The news that supermarket giant Tesco is starting its own house selling service is another challenge to the role of estate agents.
Sat, 30 Jun 2007 10:25:36 +0100 - Overseas Property Industry debate new packs
The Overseas property industry magazine Overseas Property Professional (OPP) reports a flurry of activity by various trade associations and legal firms after the successful launch of due diligence products called International Developer Information Packs (IDIP). OPP has started a debate within the industry concerning due diligence and whether it needs such a product. IDIP offers legal protection to overseas investors purchasing off plan property abroad. IDIP has also launched The IDIP Federation where property developers and agents alike submit their properties to a full legal inspection by lawyers.
Thu, 28 Jun 2007 07:16:14 +0100 - Jamaican Real Estate is a Good Deal
While the Caribbean Islands have long been a sought after address for international real estate investors, Jamaica has lagged a bit behind many of the more popular islands. This means that on average, property in Jamaica costs less and has more room for appreciation than real estate on many other islands in this sun-drenched part of the world.
Wed, 27 Jun 2007 06:35:16 +0100 - Scam Alert for Spanish Real Estate
Buying and selling a property in Spain can make you vulnerable to scams especially when selling a property in a market that has an over supply of homes for sale. Sellers can be tempted by a buyer with cash in their pockets whilst investors hungry for a bargain can be attracted to off plan property that is not all what it seems.
Mon, 25 Jun 2007 11:05:28 +0100 - Commercial real estate is around the corner in Dubai
Business Bay is one of Dubai's free zone developments that is quickly making the city and emirate one of the premier business centers in the Middle East and the world. It is intended to offer business and residential space in luxurious and modern buildings that will provide all the amenities necessary for a self-contained community. As such, it is becoming a destination for international businessmen and companies to own property for both living and office space.
Sat, 23 Jun 2007 21:37:27 +0100 - Fractional ownership and overseas property buyers
Overseas property buyers from the UK who may be stretched by rising mortgage rates could be attracted to new developments that offer fractional ownership. This type of financing can allow buyers to purchase a home far beyond their usual budgets
Thu, 21 Jun 2007 23:05:44 +0100 - International property investors love small Brazilian Town
In the last 2 years the small Town of Cumbuco Brazil has been attracting property developers and overseas investors keen to get involved in the Brazilian real estate market. Some new developments have sold out at the planning stage whilst others are just about to be launched.
Thu, 21 Jun 2007 07:06:27 +0100 - US Dollar helps international real estate buyers
It appears to be a great time to buy property in the US for those with Sterling in their pockets as its recovers much of the previous week's losses against the US Dollar. Moneycorp currency specialists report that at the beginning of this week it found a burst of new support and Sterling was trading above $1.98 when London opened for the week.
Mon, 18 Jun 2007 17:11:19 +0100
