Archive for October, 2007
Zoldi Bear Chalets & Apartments to Become Part of Borovets Success Story
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Prime Minister of Bulgaria, Sergei Stanishev, last week performed the ‘ground breaking’ ceremony for The Super Borovets Ski Project. This major alpine face lift is set to put Bulgaria’s South-West Region and the country’s oldest ski resort and soon to be Eastern Europe’s largest ski resort at the forefront of property investment in Bulgaria.
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Onus On French Property Owners To Keep Up To Date
Comments (0)Anyone thinking of settling permanently across the Channel is being urged to ensure that they are up to date on recent changes to French property and social security laws. With 6 out of every 10 foreign buyers in the country being British, it will hit Brits the hardest. The ongoing changes, affecting mortgages, inheritance tax, purchasing legalities and healthcare will have a direct impact on all non-nationals whose primary residence is in France, thought to be up to as many as 100,000 Brits alone.
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Green Homes In The US Profitable Despite Downturn
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It may be all doom and gloom in the American housing market right now, but environmentally friendly property buyers are laughing all the way to the bank, especially if they live in California.
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Europe and US Real Estate House Prices Head Down as Asia Heats Up
Comments (4)A recent revealing report has confirmed what many thought to be on the cards: property prices are dropping in Europe and the US but what many have overlooked are that in Asia they are doing the exact opposite.
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Foreign Investment in Brazil Faces Future Regulation
Comments (0)The second home property boom along Brazil’s north eastern coast was dented last week as the Brazilian government made clear its intention to tighten restrictions on foreign land ownership in order to maintain domestic control over the country’s resources.
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Spain Becomes a ‘Lifestyle Choice’
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British newspaper, the Telegraph, last week heightened Spain’s profile, describing it as a ‘lifestyle destination’, a confirmation of the country’s continued move away from an out and out investment vehicle. More and more people are moving to the country for the simple reason of enjoying the country itself, rather than simply purchasing property there as an investment or holiday home.
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Winter Sun Properties Just Got Cheaper
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It seems to those with an eye on the property markets that the Caribbean is firmly muscling its way onto the emerging markets playing field, this most colourful granddaddy of all holiday destinations now upgraded to an investment hotspot by those in the know.
If the region’s huge presence and the high levels of interest in it at the recent A Place In the Sun show at Birmingham’s NEC are anything to go by, the Caribbean real estate is going to be very big indeed as we head into 2008.
Holiday Home ‘Friends’ Stay and Save
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You know the saying, ‘Keep your friends close, your enemies closer’? Well, bear it in mind if you owning a property abroad has suddenly made you very popular indeed amongst your circle of friends. In an eye-opening survey conducted by Barclays and YouGov, a staggering 13% of respondents admitted that they were only friendly with certain people in order to take advantage of their foreign property.
While reports confirm that international property purchasing has taken over from traditional stocks and shares as the most popular investment vehicle of choice, it seems that a fair few people out there are letting others part with their cash – so that they don’t have to! By staying in property for free owned by friends and family, British holidaymakers are thought to have saved a massive £4billion. According to the findings, 41% of people who travel abroad regularly stay in a flat or house owned by someone they know.


