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Investment property abroad

Foreign investors return to Perth

Overseas property investors are retuning to Australia and especially the region of Perth, according to the latest reports. An increased number of overseas investors from the UK have joined others from China and south-east Asia in purchasing property in the area of Western Australia (WA). “Perth’s property market has been widely noticed because of its […]

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Investment property abroad

EU membership to boost Bulgarian investment

Bulgaria’s expected membership of the EU is likely to boost the already booming property investment opportunities available in the Eastern European nation. Capital Sofia along with Bansko and the Black Sea resorts are being tipped to become even more popular with Britons looking for a sound investment. “If Bulgaria gets EU membership – widely tipped

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Buy property overseas

Dubai property laws to be finalised by end of year

Dubai’s new property laws are expected to be completed by the end of this year and the “last part of the equation” will be completed, according to officials. Marwan bin Ghaliti, technical administration director at Dubai’s land department, said that the rights of buyers will be more firmly established, especially those relating to co-ownership. “By

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Buy property abroad

Banks not best for foreign property deals

Investors are being warned away from banks when changing the thousands of pounds needed to buy a foreign property. According to brokers Foreign Currency Direct, buyers could have lost £1.8 billion due to poor deals on foreign exchange, banks typically giving worse rates for Euros than brokers. Yet 86 per cent of people buying abroad

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Overseas property

Hungary gets further development

Hungary is to get further development, increasing its already healthy property portfolio for potential investors. Real estate property investment firm Pacont announced that it has taken ownership of the prime Vaci ut corridor in Budapest. “Vaci ut is an obvious first choice for many property development projects,” said Benny Iggland, head of Pacont. “One good

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Investment property abroad

New venture finalised for Bulgarian property market

A partnership has been struck which will see a number of new enterprises and investment opportunities emerging in the Bulgarian property market. Deutsche Asset Management, the global asset management arm of Deutsche Bank, and Bulgarian property developer Winslow Developments have agreed on a joint venture which will initially focus on residential developments in the country’s

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International property

Overseas property market increasing in transparency

Overseas property investors are currently benefiting from a higher degree of transparency in the global market, research claims. According to real estate specialist Jones Lang LaSalle, Australia, the US and New Zealand are top of the list for the most transparent overseas property markets, followed by Canada and the UK. These areas are “role models”,

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