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Thursday, May, 2013 14:45:4 PM (GMT) » Will Spanish property market recover as unemployment falls? Despite fears over a Spanish collapse abating in the eurozone, the country is certainly not out of the doldrums yet. The level of unemployment in Spain is still leaving a question mark over its ability to recover from recession and the property market is continuing its descent. So is there light at the end of the tunnel and will the grip of unemployment relinquish its hold any time soon? Recent figures leave us anything but optimistic on this point. During the first three months of the year, mo...

Thursday, May, 2013 14:45:4 PM (GMT) » Internet driving South African property sales South African property sales are being driven by a generation of internet-enabled buyers. According to bond originator Ooba, the average age of those looking to get on the property ladder in the country is around mid-thirties and this age-group are heavy users of online media. Research has shown that the proportion of first-time buyers in the South African property market grew from 44 per cent in April 2010 to 52 per cent in April 2013. The mean age for purchase was 33 throughout the country, w...

» Are No-Cost Mortgages Always the Best Deal? Filed under: News, Advice, BuyingBy Scott Sheldon A program made popular in the height of the subprime lending environment was the no-cost mortgage. No-cost mortgages have gotten quite a bit of exposure lately, as consumers seek to better understand loan terms, interest rates and how to qualify for mortgages in an ever-tightening credit market. And then there's the low-cost mortgage. No-cost mortgages, low-cost mortgages -- two distinct kinds -- here's how they differ. Some Lending Lingo 1. ...

» Tenants of Manhattan Complex Irate Over Mid-Lease Rent Hikes Filed under: News, Renting Tenants of a New York City apartment complex are fuming after its owner raised their rents -- some by more than $1,000 a month -- in the middle of their leases, WABC-TV in New York reported. Residents of the Stuyvesant Town-Peter Cooper Village complex on the east side of Manhattan got the surprise rent hikes when notices were slipped under their doors. Four thousand units are being affected by the increases. The rent hikes are part of a longstanding court battle bet...

Tuesday, April, 2013 14:16:19 PM (GMT) » Positive signs in UAE property market There are positive signs in the UAE property market and investors have every reason to remain upbeat, according to a new report. Al Masah Capital explained in its Mena – Alternative Investment Strategy 2013 that demand for both residential and commercial real estate remains strong, with new projects continuing to come onto the market. This is thanks to economic improvements, a rising population and burgeoning tourism industry. Dubai is proving to be particularly attractive for investors a...

Friday, March, 2013 12:16:4 AM (GMT) » Dubai Marina proving popular with investors Dubai Marina is proving to be the most popular area for UAE property investment, according to one industry expert. The Move Channel's latest At a Glance report shows that the area accounted for over a quarter of all real estate searches over the last 12 months. Displayed in an infographic, the figures revealed that 27.89 per cent of searches for UAE real estate now target Dubai's canal city. The desert resort of Arabian Ranches is the second most popular spot, accounting for one in ten searches...

Monday, May, 2013 8:36:11 AM (GMT) » New home approvals fell again in Australia in March after revival in previous month The number of residential building approvals in Australia fell by 5.5% during March, the largest monthly decline since July of last year.The latest figures represent a disappointing reversal of the growth which occurred in February, according to the Housing Industry Association, the voice of Australia’s residential building industry. ‘The decline in approvals for units was particularly pronounced in March with a fall of 7.7% occurring. This is in comparison to the 4.1% decline in de...

Friday, April, 2013 11:34:2 AM (GMT) » Australia property prices `to double in some suburbs` Now could be the time to consider investing in Australian residential property, if a new report from RP Data is anything to go by. The firm has identified a number of areas where house prices are projected to double over the next decade, based upon latest industry trends. Should house values increase at the predicted rate, property investors will have an opportunity to experience significant returns in Australia. RP Data Investors Report shows that Melbourne has the greatest number of suburbs ...

Thursday, April, 2013 8:7:47 AM (GMT) » Tourism boost and World Cup effect set to attract buyers to north east Brazil A massive boost to tourism in the north east of Brazil is set to increase international interest in property in the region, according to real estate experts on the ground.The Secretary of State for Tourism in Rio Grande do Norte, Renato Fernandes, has revealed a major upgrade to Natal’s tourist infrastructure. The area is already a popular sun and sea destination with Brazilians and with it being seven hours by air from major European airports the aim is to attract more overseas visitors...

Thursday, December, 2012 11:51:4 AM (GMT) » International buyers seeing investment potential in Brazilian property More international buyers are being attracted to investment property in Brazil with major sporting events encouraging them to see the country as more than just a second home location.In particular the 2014 FIFA World Cup and the 2016 Olympic Games are focussing attention on the country, according specialist Brazil based agent uv10. The firm is now selling more off plan investor properties than anything else. ?When we set up almost six years ago, we had a truly international client base including...

Wednesday, March, 2013 17:24:1 PM (GMT) » Is South African property on the road to recovery All signs appear to be pointing to a South African property market recovery, following a sluggish four years. The Global Property Guide reported that the sector is now gaining momentum and during 2012, the house price index for medium-sized homes increased by a pleasing 9.53 per cent (3.57 per cent) in real terms, based on figures from ABSA. This is the best year-on-year rise since February 2008. What's more, house prices increased by 2.93 per cent (1.63 per cent in real terms) during the lates...

Thursday, June, 2011 0:00:00 AM (GMT) » South Africa - The Jewel of Africa - Holprop.com News No other country has been more central to the changing tides of modern history than South Africa since apartheid ended back in the early 90s. It now feels incredible that such a thing existed not so long ago, although it is true to say that it has not just been plain sailing since the formation of South Africa's new republic, it is also fair to say that the country has shown a maturity and willingness to move forward, that has surpassed expectation. Much praise for this must of course go to Nels...

Tuesday, March, 2013 14:28:6 PM (GMT) » Capitalise on golfing tourism in the Dominican Republic Investors looking to capitalise on the burgeoning market for golf holidays should consider property in the Dominican Republic. Golf is one of the world's most beloved sports and each year countless tourists go in search of the perfect putting green. The Dominican Republic is renowned for its award-winning and brilliantly-designed golf courses, which offer visitors a unique experience. Not only can holidaymakers enjoy their sport of choice, but they can do so surrounded by unspoiled nature, drama...

Thursday, February, 2013 17:25:20 PM (GMT) » Canadians are seeking sun in the Dominican Republic Property in the Dominican Republic is currently much sought after among Canadians looking for respite from the snow. According to Edmonton-based Dominican Republic real estate agents DR Properties, villas and condos in the country are seeing an increase in demand from this part of the world, be they for two week stays or permanent moves. With most buyers looking for real estate in the Dominican Republic choosing to never live there permanently, there is also considerable scope for letting and...

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