Big plot with partial sea view - ID 2787

Currency Watching For Profitable Overseas Property Investment 21/05/2008
Currency Watching for Profitable Overseas Property InvestmentKen Thorkildsen, Director of Obelisk Private Finance, reports on how the strength of the Euro provides European property owners with big profits. “Economic factors, such as the credit crunch, have a huge impact on currency and financial markets in general. Yet despite the current economic climate, the Euro goes from strength to strength against the pound, whilst financial forecasts indicate that the pound is likely to remain deflated until a renewed confidence in the financial stability of the UK market.” So what does this mean for current property owners as well as would be property investors?  Shelter Offshore investigates! Overseas property investors, who entered the emerging European markets early, will find that the... more

Bulgaria Is Among The Investors Favourite Locations 11/03/2008
Bulgaria, Turkey and France are the three countries set to see the biggest growth in demand among overseas property investors, a new survey has found. Fly2let.co.uk reports that the NatWest International Personal Banking League of Buying Abroad found that 75 per cent of mortgage brokers expect to see an increase in the number of people looking to buy in Bulgaria in the next three years. Turkey (56 per cent) and France (46 per cent) are also expected to see a rise in demand, it was found. Portugal (41 per cent) and Spain (31 per cent) complete the top five locations predicated to be popular with investors. Speaking to the website, Mike Freer, head of business development for the bank, said: "With the expansion of the EU, better transport links and an increase in low cost... more