Discover all the latest news and articles about buying property abroad from Rightmove.
Turkey has been hailed as a good place for Britons to invest in property due to it not having the euro as its currency.European sales manager at international property firm Atlas International James Dearsley commented that this situation is encouraging investors to look at the country.He stated: "Because Turkey is not in the euro, it [...]
The Midi-Pyrenees region is popular with British buyers of French property, the region's tourist board has said.Marketing and communications official for the Midi-Pyrenees Tourist Board Solenne Odon remarked that this particularly applies to the Lot area.She commented: "It has many charming villages such as Rocamadour and St-Cirq Lapopie which are very impressive. Cieurac is very [...]
Overseas property buyers may be boosted today by a cut in the euro interest rate.Investors on the foreign exchanges priced in a cut by the European Central Bank (ECB) yesterday, causing the euro to fall in value against the dollar, the International Herald Tribune reports.The expectation is for the ECB to reduce the rate from [...]
A property expert has said that a good Normandy property could be purchased for the same cost as an average UK home.Karen Tait of French Property News commented that for the cost of a UK home in 2008 - which according to Nationwide was £156,828 - the equivalent price in euros would be more than [...]
Florida is the worst state in the US when it comes to mortgage delinquency, new figures have indicated.Data for the fourth quarter of 2008 from credit reference agency TransUnion has revealed that the state had the highest rate in the country for payments being overdue by 60 days or more, with 9.5 per cent of [...]
Those buying an overseas property would generally be unwise to do so using a 100 per cent mortgage, it has been advised.John Reilly, the managing director at overseas property advice firm BuyAbroad.com, said that most people are aware of this and would only be tempted if the rental income both paid the mortgage and provided [...]
New York property may be offering more bargain deals after new data showed that prices in the city are falling.Real Estate firm Prudential Douglas Elliman revealed that the Manhattan apartment sector saw a 0.3 per cent drop in the quarter from the previous three months, one of several boroughs to see prices dip.While the top [...]
The French Riviera property market is one of several that are attracting new bargain investment hunters and second home buyers, experts have said.France's Mediterranean coast is one of the favoured areas, along with Tuscany, for buyers looking to take advantage of recent price falls, Property Wire reports.The news provider quoted chief executive of Sotheby's International [...]
Brittany property holders should be able to secure good rental returns during the summer season, one expert has said.According to John Reilly, managing director at BuyAbroad.com, the Brittany property market and areas such as the south coast offer strong rental opportunities."In the holiday-type destinations there is always a steady flow of rental potential from one [...]
The Tuscany region of Italy has too much to see to fit into a fortnight, it has been suggested.Travel writer for the Independent Adam Buckley said that the city of Florence has more treasures on its own than can be seen in a two-week break.He commented: "You could spend a fortnight here and still not [...]