As struggling Western economies are forced into taking austerity measures, sunny Barbados has gone the other way and is cutting the number of homeowners liable to its annual land tax. In its August budget the Government of Barbados announced that the tax free threshold for its annual land tax (on the value of a property) [...]
If you’re in the right job, now could be the ideal time to move to Oz, following an appeal by the country’s largest state for British workers to help fill a 150,000 labour force shortage. Resource rich Western Australia, with a population of just two million, has thriving agricultural, manufacturing, construction, mining and automotive industries [...]
Residential properties in Bulgaria have seen a slump in price over the last year but there are signs that things could be on the verge of picking up there. The capital city of Sofia saw the average price drop by 9.4% year on year and 5.2% over the last three months, signalling a bottoming out [...]
The Caribbean hurricane season will be officially over as of 30th November, when the winter season begins in the rest of the world. This is when the islands will see an influx of tourists from Europe and America, as they try to escape the cold of their home country. It is also around November time [...]
French properties outside the capital, Paris, fell by an average of 1.6% in the first quarter of 2011, according to French notaires. This is a contrast to the cost of flats and apartments which saw an increase of 1.9% over the same period. This is thought to be because house prices were too high for [...]
According to new reports, the prices of luxury properties in Greece are being cut by up to 45% due to owners looking to sell their property quickly in a bid to avoid having to pay the higher taxes enforced by the governments latest austerity measures. Many luxury properties have had huge amounts slashed off the [...]
The property market in Sicily is beginning to change its negative image, thanks to tourism. This and a string of low cost airlines providing flights to the area means that Sicily is fast becoming one of the most popular holiday destinations for 2011. Holiday operator, Travelzest, believes that because flights to the west of Sicily [...]
According to new figures from Stats NZ, the number of approvals for the building of houses rose last month by 6.3%. Taking our some seasonal factors, and omitting the numbers of apartments, the number of new homes which gained consent for building rose the 6.3% from June. With the number of apartments was taken into [...]
Despite seeing an improvement throughout July, the property market in Portugal is still facing negative territory, according to the latest figures from the Royal Institution of Chartered Surveyors (Rics). Although activity and confidence within the housing market was up last month, house prices did fall at the same time. Senior economist for Rics, Josh Miller [...]
Despite wider problems across the Spanish property market caused by the economic crisis, the exclusive market for luxury properties is thriving well. It has been revealed by Lucas Fox International Properties that homes within the higher end of the market in Barcelona, Ibiza and on the Costa Blanca have been in high demand during the [...]