News

The oversupply of property in Malta is causing grave problems for the country’s property market and the government should step in immediately to control the development of new properties.  That’s the view of a leading Maltese property expert who believes that the relaxing of planning regulations in Malta over recent years has caused huge problems […]

Italy continues to be one of the most popular overseas locations for online property searches with the southern European country maintaining its place in the top five overseas locations for property searches. The latest Rightmove Overseas Search report found that Italy was the fifth most popular country in May for the second month running, having

One of Wimbledon’s most charismatic recent champions has become involved in a different sort of court battle this week.  The German star Boris Becker is challenging a recent court decision to uphold £246,000 of debts the 43 year old is alleged to owe to the gardener at his luxury Majorcan villa. Becker is being advised

  The amount of property for sale in New Zealand fell sharply in June with the New Zealand Herald reporting that the decline was ‘turning the national property market in favour of sellers for the first time in two years.’ The number of properties listed for sale in the country fell by 10 per cent

Chinese buyers are helping the American property market to recover by snapping up luxury overseas property in the country.  Bloomberg News reports that Florida, California, Hawaii and New York have seen an increase in house sales thanks to buyers from China. Chinese buyers account for almost one in ten property purchases in USA An increase

Savills the international real estate adviser has reported that luxury rental property in London has seen rental income rise by 10% in the past year plus 1.8% in the quarter. The news is a double blow for London tenants and buyers as London house price have also seen steady increases. House prices across the UK have seen stagnation or

A recent claim from a leading British economist that property in Canada could be facing a 25 per cent drop in values has been questioned by leading property experts in the country. Whilst Canadian property prices are expected to stabilise in the short to medium term, such a large correction in prices is unlikely, according

A new report has found that while property prices in one of Thailand’s most popular tourist destinations are rising, they have yet to reach their pre ‘credit crunch’ levels.  The research from property company Colliers Thailand found that the high end coastal market in Phuket is yet to return to the values seen in 2007.

A leading Greek property expert has advocated changes in the tax regime as well as new licensing regulations in order to help the recovery of the property market in Greece. Savvas Savvaidis, President of the Hellenic Association of Realtors, told the Greek Real Estate Convention in his keynote address that the recovery of the Greek

The boom in prices of property in France could be set to turn to bust with increasing numbers of experts expressing concerns about the state of the country’s property market. The International Monetary Fund and the country’s Central Bank are amongst the authoritiesconcerned about the risks posed by a huge increase in property prices. Property