Property Price Increase In Bulgaria Second Highest Worldwide 14/03/2008
Bulgaria registered the second highest increase in property prices worldwide, according to the analysis of London agency Knight Frank. The analysis compares property prices in countries in Europe, Asia and in the US, 24 Chassa newspaper reported. Bulgaria maintains the second highest price increase after Latvia, where the growth for the second quarter of 2006 as compared to prices for the previous year reached 45.3 per cent. From all countries analysed, three experienced negative growth rate, 24 Chassa reported. Price growth in Latvia resulted from the low inflation and the facilitated access to loans. The reason behind the price increase in Bulgaria was similar. Though the price increase for Bulgaria was high, it registered a slowdown since last year. In the second quarter of... more

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

Investing Abroad Could Be Lucrative 16/05/2008
British investors have been told that the current downturn in the property market could make a foreign investment a better option. The Telegraph stated that house prices in the UK are currently falling and are not likely to increase significantly in the foreseeable future. By contrast, it stated that many foreign countries are seeing considerable growth in their housing markets, which means that properties are appreciating in value. As some of these places also offer much cheaper housing than the UK, investors could be able to snap up a cheap property and sell it on at a profit. This means that many of those who have been priced out of the domestic housing market could find themselves able to afford a deposit for a British property. The Telegraph commented: "UK property prices... more