News

International property buyers are thought to be responsible for recent surge home sales in Florida. One developer has allocated funding of $100 million dollars for mortgages aimed at foreign buyers whilst a UK based overseas investment company Colordarcy www.colordarcy.com/ report 40% increase in its Florida business   In order to help his clients close on units […]

London 27/10/2009- Brazilian real estate is top of the agenda for many international real estate investors after Brazils recent success in winning the hosting the 2016 Olympic Games. At the same time The Bric Group behind The Coral Lake and Beach Resort near Fortaleza Brazil were informed of their success as winners of The Americas

Brazil’s proposition as one of the world’s most attractive overseas property investment hotspots certainly took a huge boost since it was awarded the 2016 Olympics. International real estate agents and related industries are responding with new services targeting overseas buyers who are attracted to the Brazilian Olympic effect.     Brazil Property Specialist, Colordarcy www.colordarcy.com have seen Brazilian

The US government has secured a deal to sell its London Embassy despite the UK government’s intervention who placed the building under Grade II listing status. The listing means that property developers will now be heavily restricted in what they can do with the building.   Reports suggest that The US government has decided to sell

Buying a property in France has been high on the agenda for many Brits and now with a poll showing that France tops Europe in having the best quality of life it makes it even more attractive. The study conducted by Uswitch shows that the French retire earlier, live longer and have more paid holiday

The UK housing market is consistently showing signs of recovery with gross mortgage lending totalling an estimated £12.5 billion in September, a 2% rise from the £12.3 billion in August but down 27% from September 2008, according to new data from the Council of Mortgage Lenders. Gross lending in the third quarter of 2009 was

Social Security benefit cheat Denise Hanbury stated to an English Court that she had bought overseas property in Bulgaria, Egypt and Turkey in a bid to get off herself off benefits.   Denise Hanbury, Chelmsford Crown Court she had remortgaged her home and spent £64,000 on overseas investment property   Last month, the 49-year-old admitted

A report by The Observer uncovered a property development in Marbella Spain still being offered for sale despite the fact that it was dues for demolition. The luxury beachfront Spanish properties have not been granted retrospective planning permission licences after a review by the local major..   The new major Angeles Muñoz  promised to end

Sterling has fallen nearly 3% this month against the Euro, and market positioning data shows speculators making big bets on a further fall.   Yesterday’s inflation data was one in a long line of sterling-negative data releases, amid fears that the Bank of England will next month continue to increase the “quantitative easing” asset-buying programme.

UK based Turkish property buyers will welcome news that one of the UK’s most established Turkish property agents Spot Blue will be providing due diligence reports on all Turkish property developers that it promotes. The company is believed to be one of the first to undertake this sort of commitment for its clients