2012

Portugal considers new airport

Overseas property owners with property in Portugal may find it easier to reach their holiday homes after the Portuguese Ministry for Economy and Employment announced they are considering making the recently completed airport at Beja a hub for low-cost carriers.

8 February 2012

Overseas investors seeking emerging Parisian districts

Overseas property investors are increasingly looking to 'up and coming' Parisian districts in order to find the best opportunities, with Thomas Elisian of luxury real estate agency Paris Attitude Vente stating that buyers are "increasingly willing to look at 'newer' neighbourhoods if they can get an advantageous deal".

8 February 2012

US mortgage giant plans massive auction of foreclosure properties

America's Federal Housing Finance Agency has approved a giant residential real-estate auction at Fannie Mae (the Federal National Mortgage Association) to help the mortgage giant unload its inventory of 122,616 foreclosed houses.

7 February 2012

Robotic estate agents being developed for house viewings

Boffins at the elite “Personal Robotics Group” at the Massachusetts Institute of Technology (MIT), are working on developing a “highly expressive humanoid” robot which would guide potential house hunters around a property for sale, pointing out its amenities.

7 February 2012

Uncertain times sharpen appetite for sound advice

Despite the uncertain outlook affecting both sides of the Channel in terms of economic growth, house prices and exchange rates 2012 looks set to see a further steady stream of UK residents, particularly those of retirement age, heading for a new life in France.

7 February 2012

Dubai highlighted as top investment destination

Recent research has highlighted Dubai as a top investment destination for those looking to make an overseas property purchase.

6 February 2012

Spanish banks ‘must be prepared’ for bad property loans

Banks and financial institutions in Spain have been told that they must make an additional €50 billion (£41.5 billion) worth of funds available in order to cover the high proportion of bad real estate loans and foreclosed properties on their books.

6 February 2012

French Riviera property falls below 2 million euros for the first time

The price of property in the French Riviera has dropped below €2 million for the first time, according to the latest EstateNetFrance report.

3 February 2012

Rise in number of self employed foreigners in Spain

The number of foreigners living in Spain who are registered as self-employed has risen over the last year by 4.8%, reaching a total of 208,512, an increase of nearly 10,000 from 2010.

3 February 2012