Holiday property investment opportunities in Spain

Property Overseas Today

While the deepening eurozone crisis and Spain’s weakening economy and high unemployment rates are cause for concern, UK investors should be able to snap up a bargain while being safe in the knowledge that holidaymakers will keep coming to Spain

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Top advice for relocating overseas

Property Overseas Today

Relocating overseas, whether for pleasure or work, is a big step and although it is a really exciting time for you and your family there are a lot of things to put in place before you make your move.

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Spain further reduces capital gains tax

International Estate Agent Today

The Spanish government has announced a further 50% reduction in capital gains tax on second homes purchased this year, in a bid to boost property sales and help reduce some of the country’s huge housing stock.

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Europe slowdown adds more tension to Greek drama

Reuters

Europe's economic slowdown has hit the engine-room of the euro zone, including Germany, gloomy new indicators have revealed, adding urgency to the region's struggle to keep Greece's debt crisis from tearing the single currency apart.

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Is property in France and Spain really that 'cheap' after the euro's dive?

This is Money

Interest in European property on UK search portals is rocketing. But is it really a good time to buy in the eurozone following the euro's sell-off?

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European uncertainty looks set to continue this week

International Estate Agent Today

Brits seeking to buy property in eurozone countries are getting the best value for money in three-and-a-half years amid the continuing eurozone crisis.

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PM Warns Greece June Vote Is About Eurozone

Sky News

The Prime Minister has warned Greece that its new round of elections must be a vote about staying in the eurozone.

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Cameron Takes Eurozone Demands To US Summit

Sky News

David Cameron is set to step up his demands for action to tackle the eurozone crisis as he heads to the United States for a two-summit weekend with world leaders.

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Portugal expected to approve rent reform

By International Estate Agent Today

Portugal is on the verge of modernising its rental law to meet the challenges facing the property and construction sectors. The European Union and IMF want the law reform as a condition of Portugal's bailout, in a bid to stop long-term tenants from occupying properties on low rents set three decades ago.

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Spain's banks detail new cost of property clean-up

By Reuters

Spanish banks unveiled fresh funds on Sunday to meet new government demands aimed at cleaning up the country's sickly property market and easing international markets' concerns about the troubled financial sector.

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U.S. property market could be near to bottoming out

By Property Overseas Today

The collapse of housing markets across the USA, a key contributor to the financial crisis that dragged the country, and the rest of the world with it, into recession, is showing signs of improving.

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Brits eye property investment opportunities overseas

By Property Overseas Today

A rising number of Brits are eyeing up property investment opportunities in Greece, Malta and Ireland, thanks to significantly cheaper property prices and a favourable sterling/euro exchange rate, according to provided by Rightmove Overseas.

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Euro zone turmoil boosts London property stampede

By Reuters

Worsening financial and political turmoil in southern Europe caused a surge of interest in London property last month with buyers from Greece and Spain showing strongly among investors seeking a safe haven for their money.

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Spanish overseas property sales hit three year high

By Global edge

Figures from the Bank of Spain and Taylor Wimpey Espana provide proof, if any was needed, that international property markets behave differently to their domestic counterparts. Doom and gloom is difficult to avoid when reading reports that mention the Spanish economy, unemployment or the banking/property sectors.  Yet there are pockets of good news for our industry.

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Slump worsens in ailing Greek property market

By Reuters

ATHENS, May 10 (Reuters) - Prices of residential apartments in Greece slumped by almost a tenth in the first quarter of 2012 and the volume of property transactions halved, the central bank said, illustrating the depth of an economic recession now in its fifth year.

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