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Investment property abroad

French property set for boost

Investors in French property are set to see a positive return on their investment, following an announcement that the country’s economy is headed for strong growth this year. Finance minister Thierry Breton told journalists that the French economy is currently performing to expectations. Mr Breton said that the figures for the second quarter of 2006,

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Bulgaria progressing towards EU accession

Bulgaria’s progress towards accession to the EU, a development which could make the country’s property market substantially more accessible for overseas investors, is moving forward well, according to an EU official. Justice and home affairs commissioner Franco Frattini said that he was “more optimistic” about the country’s progression following his most recent visit, according to

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Overseas property

Dates announced for overseas property conference

The details of a new conference for overseas property investors have been announced – the MIPIM Asia show will begin at the Hong Kong convention and exhibition centre on September 26th. This date will host the pre-opening ceremonies for the event, which will fully open its doors to the overseas property market from September 27th

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Investment property abroad

Mexican property market benefiting from investment

The Mexican property market is gaining an advantage from the amount of inward investment coming into the country, according to a new report. Some $11.6 billion (£6.15 billion) of private investment in the country’s tourism sector has led to the property market in the country gaining a lot more exposure to overseas investors. The latest

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Investment property abroad

Foreign investors could look elsewhere as Italy's taxes rise

International investors could look to the traditional locations in Europe of Spain and France and turn their back on the Italian property market. The government is reported to be ready to push through a proposal that would see the rate of real estate deals tax rise to around six or seven per cent, much higher

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Land laws could raise Spanish property prices

Land laws could see the price of Spanish properties rise by a tenth, benefiting anyone who has invested in a home there. Although the intention was to reduce prices, the Association of Spanish Property Developers (APCE) claims that the Spanish government’s proposals will have the opposite effect. Under current proposals, developers must hand over between

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Investment property abroad

Revolving residential tower to be built in Dubai

A real estate developer in the United Arab Emirates hotspot of Dubai has revealed plans for its latest development, which could attract overseas investors. High Rise Real Estate has unveiled plans for a housing block that includes four rotating penthouses and a villa that has its own car lift. In total, 72 residential units are

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