More than 35,000 British people now own a home in Turkey, accounting for just under a third of the total 110,000 foreign owners in the country. Recent figures from Turkey’s Land Registry also showed that German and Greek people topped the country’s foreign ownership list with Brits, and that the Antalya region on the south [...]
Spain today is awash with homes advertised as “discounted” or “reduced”, so it’s easy to see why some buyers reach for their cheque book as soon as they find a home priced less than comparable ones in the same area. However, as a warning that not everything that is cheap is a bargain, a leading [...]
Owners of homes in the central Algarve can expect a hike in rental demand in coming weeks as the Portugal Golf Masters kicks off at the Victoria Golf Club in Vilamoura. The Masters runs from October 13-16 and will attract not only the world’s golfing elite but fans from around the world, many of whom [...]
Pop star Madonna joins the ever-growing club of celebrities wowed enough by Italy’s culture and lifestyle to want a home there. The legendary singer has reportedly been looking at a multi-million-euro penthouse apartment overlooking a square on the market in Verona, Tuscany’s so-called “City of Love”. Leonardo di Caprio already owns in Verona, while Brad [...]
Scots with second homes in Crete and Rhodes are looking forward to improved air access to their Greek bolt holes, after budget airline Jet2.com announced it is to begin flights to the two islands in May next year. The new routes will fly from Glasgow to Heraklion on Crete’s northern coast and Rhodes. On sale [...]
Anyone hunting for a ski home in France will welcome the launch of a new direct train from London St Pancras to Moutiers in the Savoie region of the Alps. The service kicks off on December 17 and will take passengers within 30 minutes of some of France’s best resorts, including Méribel. Bringing more good [...]
Travelling to the northern part of Bulgaria’s Black Sea coast is to get easier following an announcement to convert an inactive military airport in Balchik into a civil airport. Homeowners and holidaymakers staying in some of Bulgaria’s most popular beach resorts, including Balchik, Golden Sands, Kranevo and Albena, will have a much shorter transfer time [...]
It might be easier to live an exotic, tax-free life next to a beach than you first thought, since the Bahamas made it easier for foreigners to become resident and own businesses there. As part of an initiative to attract foreign residents, regulations in the Bahamas now allow visitors, renters or homeowners to stay [...]
Foreign investors accounted for 33% of all commercial property transactions in Australia for the first nine months of 2011, representing the highest percentage since 1994. A recent report also showed that these purchases totalled an impressive AUS$2.15 billion. Investment from overseas is expected to continue growing, with July to September already seeing 41% of transactions [...]
With 11% percent growth in the first quarter Turkey became the fastest growing economy in the world, leaving Argentina and China behind with 9.9% and 9% growth respectively. This growth slowed to 8.8% in the second quarter, but this was still sufficient for Turkey to become the fastest growing economy for the first six months [...]