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Buying in Portugal 4 Reasons To Choose Portimao

Are you considering buying a property in Portugal? If so, the Algarve is one of the most popular destinations.  Whilst many people seek out a property near the resort of Albufeira, the charming town of Portimao offers a lovely combination of local life and modern facilities. Here are four reasons to consider buying in Portimao. […]

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A Real problem for overseas investors buying in Spain

Are you considering buying in Spain? If you are, recent comments from Spain’s Prime Minister have suggested that the time to buy is now.  However, conflicting information in a report from Basico Homes has cast doubt on whether Spain’s property prices have bottomed out. Economic crisis in Spain ‘is over’ Speaking on the American television

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Regulation of Currency Companies to Help Consumers

Last week’s collapse of Crown Currency Exchange was terrible news for their customers; at Currency Index we had long been suspicious about their practices and in fact had reported them to the authorities several times over the last 18 months. Unfortunately, Crown were only registered with the FSA as a “Small Payment Institution”, and so

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Trend To Build Your Own Turkish Property

If you’re having problems finding the perfect Turkish holiday home, then why not consider building one yourself. That’s the new advice to buyers looking for their ideal Turkish holiday home as more and more Brits seek to buy in the booming country. In locations such as the Turkish Mediterranean and Aegean costs, more and more Brits

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British home buyers heading back to Spain in droves

Falling property prices, a poor exchange rate and negative news stories about the Spanish economy have all contributed to a fall in Spanish property sales to Brits over the last couple of years. However, new statistics from a British developer in Spain show that British home buyers are returning to the country in large numbers

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Crown Currency Exchange goes into Administration – How Safe are Currency Companies?

Crown Currency Exchange (CCE), a provider of cash currency exchange services, has gone into Administration after its bank accounts were frozen by Barclays over the weekend.   It is unclear whether clients will lose any money, but the Administrators have pointed out that it will be some time before any funds are returned to clients

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Property taxes could increase as Portugal debt problems continue

Are you thinking of buying in Portugal? If so, you could face higher property taxes under austerity measures being considered by the Portuguese government. Portugal is suffering from similar debt problems to those which enveloped Greece recently and the Organisation for Economic Cooperation and Development (OECD) has urged the nation to shore up its public finances.

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Turkey’s property market transparency improving fast

There are many countries in the world where investors are reluctant to buy property due to unfavourable property laws or problems with ownership or title. Recent bad press concerning title deed issues in Cyprus is one such example. However, a new report into property market transparency shows that Turkey is the most improved country when it

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Property in Spain May Lead To Tax Problem

Many overseas investors are currently considering buying in Spain as significant falls in property prices mean there are plenty of great value properties on offer. However, a new report by the Daily Mail has found that purchasers are being stung for thousands of pounds in property taxes after the purchase has been completed. Tax on property

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