Wonderful Village House - ID 2905

Buying Property Abroad Hidden Costs 17/03/2008
In many overseas locations you can still bag yourselves a bargain – you can buy an apartment in Bulgaria from GBP 30,000, you can buy a villa in Brazil from GBP 100,000 and everything in America is about half price these days what with the weak dollar and all!  So naturally this, combined with the British thirst for property ownership and our desire to have a place in the sun, means that more and more of us each year are planning on buying property abroad. However...there are hidden costs when buying real estate abroad that few take the time to tell you about properly.  For example, did you know that you can pay over 19% in stamp duty alone in France depending on the property you buy and your own personal circumstances – with fees like these coming in on top of the asking price, your... more

Europe 18/03/2008
Europe, along with the U.S., accounts for over 65% of the global real estate market; accelerated growth has been associated with European Union accession in Eastern Europe. PriceWaterhouseCoopers, in their recent 'Emerging Trends Europe 2007' report, found that compared to 2006, European real estate markets now provide less risk, higher return prospects, better supply/demand balance, and improved development prospects. more