June 25, 2008
A group of British non-residents who sold property in Spain between June 2004 and December 2006 have begun their action to reclaim capital gains tax from the Spanish authorities.
During the period, British non-residents selling property in the country paid capital ...
Britons reclaim tax on Spanish property sales
Permalink: Britons reclaim tax on Spanish property sales
by Gill Montia
June 17, 2008
Britons who have invested in property in Dubai will be disconcerted by the news that the UK Government has warned British nationals living in or visiting the United Arab Emirates (UAE) that terrorists may be planning indiscriminate attacks.
The ...
Dubai property investors confronted by high terrorist risk
Permalink: Dubai property investors confronted by high terrorist risk
by Gill Montia
June 9, 2008
Tax changes that will benefit Britons, who have invested in second homes overseas through a limited company, are embodied in the 2008 Finance Bill that is currently making its way through Parliament.
Some overseas investors own their properties in this way ...
Tax burden lifted for overseas investors
Permalink: Tax burden lifted for overseas investors
by Gill Montia
June 3, 2008
Following its research into the UK property market, the Islamic investment bank Gulf Finance House has advised investors to take advantage of the downturn in British commercial property prices.
The bank considers that UK property is currently an attractive investment area, and ...
UK commercial property interests Gulf investors
Permalink: UK commercial property interests Gulf investors
by Lin Freestone
May 29, 2008
The latest survey of the global commercial property sector from the Royal Institution of Chartered Surveyors (Rics) indicates that demand for commercial property fell for the first time in four years during the first quarter of 2008.
Of ...
Global markets beginning to feel affects of subdued demand
Permalink: Global markets beginning to feel affects of subdued demand
by Lin Freestone
End to the fall in commercial property values in sight?
Permalink: End to the fall in commercial property values in sight?
by Lin Freestone
May 28, 2008
Property speculators waiting on the US market for the right moment to invest will need to remain patient.
According to the S&P/Case-Shiller 20-city home price index, prices continued to fall in March, taking the annual decline to 14.4%.
Between March ...
US property prices show 14.4% annual decline
Permalink: US property prices show 14.4% annual decline
by Gill Montia
May 23, 2008
The Office for National Statistics has published its most recent statistics on Britain's emigration trends.
In 2006, over 200,000 people left the UK, increasing the total number of people choosing to live overseas between 1997 and 2006 to 1.97 million.
During the ...
Britons head for cheaper and sunnier climes
Permalink: Britons head for cheaper and sunnier climes
by Gill Montia
May 22, 2008
Currency specialist FC Exchange signed up more people who are planning to buy an overseas property during April and May than at any other time in the past 12 months.
First-time buyers from the UK are increasingly considering investing ...
FC Exchange sees increase in FTBs buying abroad
Permalink: FC Exchange sees increase in FTBs buying abroad
by Lin Freestone
May 20, 2008
Overseas property experts are tipping the Western Balkan state of Albania as a potential property hotspot, dependent upon the country's accession to the European Union (EU).
The benefits of EU membership, which take the form of grants and loans even prior to ...
Albania’s EU ambitions alert long-term investors
Permalink: Albania’s EU ambitions alert long-term investors
by Gill Montia
May 16, 2008
The long-predicted crash of the Spanish property market seems close at hand, with the Index of Market Sentiment having fallen from 2.2 in March, to one in May.
The bi-monthly index is published by Property Investment Management Spain and extends between ...
Confidence in Spanish property market evaporates
Permalink: Confidence in Spanish property market evaporates
by Gill Montia
May 13, 2008
Croatia is being recommended as a possible investment opportunity by Amberlamb, the overseas property analyst.
The eastern European country has much to offer in terms of its dramatic and beautiful landscape and while real estate prices have been rising sharply, Croatia remains affordable to ...
Croatia’s long-term investment potential
Permalink: Croatia’s long-term investment potential
by Gill Montia
May 9, 2008
Currency brokerage, FC Exchange, has reported that the South of France is losing its attraction for some wealthy UK property buyers.
The problem rests with the historically high level of the euro against sterling, making France's Mediterranean cost ...
Portugal gains as South of France investors deterred by euro
Permalink: Portugal gains as South of France investors deterred by euro
by Gill Montia
May 6, 2008
Britons are heading for the Spanish island of Lanzarote in record numbers.
Figures released from the Spanish airport operators, AENA and Cabildo de Lanzarote, show that the number of UK visitors to the resort rose by 8.7% during the first three months ...
British tourists fire Lanzarote property market
Permalink: British tourists fire Lanzarote property market
by Gill Montia
April 24, 2008
Murcia, Spain's Moorish region that incorporates the Costa Calida, is attracting greater interest from British property investors.
UK flights are available direct and travelling time is around 2.5 hours. A new international airport is planned for the region in 2009, with passenger ...
Murcia set to experience tourist boom
Permalink: Murcia set to experience tourist boom
by Gill Montia
April 23, 2008
Knight Frank's latest global property report shows an 11% rise in prime residential properties in 2007.
Highest growth was recorded in Antigua at 40%, followed by St Jean Cap Ferrat in France 39%, and Russia's St Petersburg at 38%.
During the year, ...
Global prime property prices rise 11%
Permalink: Global prime property prices rise 11%
by Gill Montia
April 16, 2008
Predictions that Cyprus would see strong growth in property prices this year are proving to be accurate.
The island joined the European Community in January and in the lead up to this historic event, overseas property investors were becoming increasingly ...
Cyprus sees gains in prices and Russian interest
Permalink: Cyprus sees gains in prices and Russian interest
by Gill Montia
April 14, 2008
British investors who have made capital gains when selling Spanish properties could be in line for a 20% tax rebate.
Spain changed its capital gains tax legislation last year, prior to which foreigners who sold property in the country were charged ...
Tax rebate for investors in Spanish property
Permalink: Tax rebate for investors in Spanish property
by Gill Montia
April 9, 2008
Fears that the Indian property market could be overheating have been heightened by the actions of ICICI, one of the country's leading banks.
Its managing director, KV Kamath, has confirmed that the bank will be applying stricter lending criteria to ...
Indian property market shows signs of overheating
Permalink: Indian property market shows signs of overheating
by Gill Montia
April 7, 2008
Overseas investors in Sofia, the capital of Bulgaria, are likely to see strong property price growth during 2008.
Market analyst, Property Secrets, is predicting that shortage of supply will push prices up 25% in the coming months.
The city currently has ...
Sofia set for 25% property price inflation
Permalink: Sofia set for 25% property price inflation
by Gill Montia