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City bonuses boost interest in overseas property

Overseas property investment is set to receive a substantial boost through high levels of City bonuses. According to Overseas Property Professional, a large portion of the £19 billion of bonuses that City workers are to receive this year will be spent on overseas property, This amount is a 16 per cent increase compared to bonus

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Assetz: Overseas property investors could be missing out

Overseas property investors could be disadvantaging themselves by automatically choosing to target holidaymakers if they want to make their home available for rent. According to Assetz, the majority of people who buy overseas property immediately look for homes in the vicinity of airports, beaches, golf courses or other tourist attractions. These people could be better

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Investment property abroad

Spanish property benefiting from south coast activity

The thriving town of Tarifa on the Costa de Luz appears to be offering a substantial boost to the Spanish property market. Tourists have consistently shown interest in the region, leading to the travel industry creating a strong base for housing in the area, which has seen prices steadily rise in the past before stabilising

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Australian property continues to thrive

The market for Australian property continues to be healthy, despite a recent rate rise in the country, as overseas property investors hunt for emerging markets. Suburban areas have reportedly been proving popular, owing to the affordability benefits available in these locales, with Beenleigh, Bulimba and Paddington in Brisbane key examples. Other areas which have been

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Overseas property

REITs introduced in Dubai property market

Areas of the Dubai property market are set to become more accessible for overseas property investors with the introduction of real estate investment trusts (REITs). The Dubai Financial Services Authority (DFSA) has officially announced that the rules to permit and govern the operation of REITs have been finalised and will be effective immediately. On August

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New medical service offered to Spanish property buyers

Investors in Spanish property will soon be able to take advantage of a range of medical services through a bank account with Banco Halifax Hispania. The facility will offer a 24-hour health helpline and connection for British expats to an English-speaking medical consultant, who can offer advice or guide users to a nearby clinic or

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Bulgarian property to benefit through new investment

Overseas property investors are soon set to have a greater degree of choice in the eastern European sector, with the Bulgarian property market one of the segments to see significant new investment. Austrian property developer Immoeast has announced that it is investing €180 million (£122 million) to create new property in Bulgaria, Poland, Romania and

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