New research conducted by NatWest International has confirmed what we have all known for ages: buying and owning a holiday home (or two) is becoming the norm amongst British families. The study found that around 250,000 people from the UK owned foreign property, their choices predominantly in Europe, especially in France and Spain.

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Data analysts Mintel have estimated that there are over 9 million golfers in the UK alone, 64% of whom are ABC1 males with an average age of 37-45. Of those, an estimated 50% would consider travelling abroad to play the game or have already done so. With this in mind, foreign property destinations are increasingly promoting golf above all else in an attempt to tap into this undeniably lucrative golfing goldmine, local governments actively supporting and engineering golfing opportunities as a way of bringing in a steady stream of cash and tourists.
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While we might be quibbling over the price hikes and falls besetting us mere mortals, there’s a whole other property market out there, where the odd million (or ten) quid fluctuation in the asking price matters not a jot. Welcome, ladies and gentlemen, to the world’s most expensive properties, a demonstration quite clearly, of what happens when money simply doesn’t matter.
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Research recently released by leading real estate services and money management firm, Jones Lang LaSalle, at this month’s Expo Real 2007 in Munich, suggests that significant worries over the state of Germany’s property market may have been premature, with significant action taking place in Germany’s secondary cities as well as in Berlin, which has seen a turnaround in its property market in the past few months.

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Not only the perfect holiday destination, St. Kitts is one of the world’s offshore financial centres and a tax haven for UK investors. Personal income tax, net worth tax, gift tax, inheritance tax, sales tax, turnover tax, estate duty and capital gains (on property owned for more than a year) are all 0% for UK investors relocating to this stunning isle charmed by property developments such as the Silver Reef Resort.

St. Kitts and Nevis are two of the Caribbean’s least assuming yet most striking isles.

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Malta has undergone its first census in over ten years and the results, if you are in the property game, make for pretty surprising reading, with the revelation being that some 26% of total housing stock remains empty on the island.
Continue reading ‘Norwegian Air Shuttle Fuelling Malta Property Sales’

Central 22 is a Slovak real estate investment opportunity not to be missed. Enjoying a strategic city location in the desirable commuter belt of Bratislava, this brand new release offers city investors the opportunity to buy into Central 22 at 21% below market value.
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With 75% of its first phase is already sold to keen investors and hungry second home purchasers. The pre-release announcement of the five star Halcyon Hills luxury development on the island of Samos, Greece is proving that the traditional overseas favourites continue to win favour with buyers seeking a lifestyle, luxury and investment package.

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