News

30/04/2010-Recent house price figures released by The Nationwide reveal that over the lifetime of the last Parliament (May 2005 to April 2010), house prices have risen by 6.7%.   April s figures show the first double-digit annual growth in UK house prices since June 2007. The year-on-year rate in this month s figures, however, received an additional […]

29/04/2010- The Brazilian real opened stronger against the U.S. dollar on Wednesday 28th April leading investors to predict a central bank rate hike in interest rates to lure foreign investors to Latin America’s largest economy. On the BM&FBovespa exchange the real opened at BRL1.7550 to the dollar after closing on Tuesday at BRL1.7670.   Higher

The Greek financial crisis could make way for overseas property speculators states the director of international real estate company Homesgofast.com. The region which is ranked on par with Azerbaijan, Colombia, Panama and Romania could produce house prices well below the European average as the economy dips   The cost of borrowing for the Greek government

23/04/10- The latest Knight Frank Global House Price Index shows good news for Hong Kong and some bad news for Dubai, Estonia and Latvia.   International real estate investors will read with interest the locations that saw overall prices around the world falling on average by 3.8%.   Three locations saw price falls by more

Overseas property owners living in Spain will take some comfort in the fact that official figures reveal that Spanish property prices are slowing in decline. The decline in values of Spanish property fell at a slower pace in the first quarter, dropping 4.5%.   The reality of the housing market in Spain is that the

The UK based Global Property Marketing Company Marr International has launched a new service that allows international agents and developers to manage exhibition stands in the UK whilst not leaving their own countries. The Professional Exhibition Service not only reduces agents carbon foot print but will provide professional local sales teams who train on the

The Pound has seen something of a surge this week on the back of some positive economic data, with manufacturing output, producer inflation, house prices and car sales all up. At the same time, worries over the economic situation in Greece have contributed to a weaker Euro, giving the best sterling-euro exchange rate since February.

Leading accountancy firm PricewaterhouseCoopers have predicted that Istanbul will be one of the top cities for investment performance in a joint report with Urban Land Institute or ULI.   Turkey’s biggest city now ranks at the top in real estate development expectations, the city ranked fifth in new real estate purchases and stood at number

Samos tourism is set to increase as the Greek islands as P&0 cruises and Cundar include the island in its destinations with a new Fly Cruise offering. To top this a brand new movie set is proposed on the islands firmly putting Samos of the tourist map.   The fly-cruise will be offered on the

French property tax law has changed and may boost French property sales that include real estate that is need of renovation.   Non-professional private individuals who are not registered for TVA will no longer be subject to TVA @ 19.6% (French equivalent of VAT in UK taxed @ 17.5%) when they sell a property which