Archive for the ‘Property & Mortgages’ Category
Despite the ongoing Eurozone crisis expatriates are still intent on buying property in Europe. Spain and France, popular destinations for expat Brits, are the top spots for people looking for property. These results, reported by Rightmove Overseas, showed that 21.7% of all searches in February were carried out in Spain and 17.3% in second place [...]
Real estate advisors CBRE have relased data showing investment capital continues to flow into the European market. Countries with strong economies and those outside the Eurozone are benefiting most. European property investment grew in the final quarter of 2011, reaching €9.4 billion. The market continued to attract regional and international investors despite an unstable economic [...]
The UK tax office has set up an investigative task-force to track down expats who haven’t declared overseas property. The team will “mine” publicly available online information to discover people who own land or houses abroad. The UK tax authority (HMRC) has put together a team of 200 investigators. Their first task will be in [...]
Pounds sterling are currently hovering at about EUR 1.20–the best rate they’ve seen since the summer of 2010 (and before that, December 2008). This has created some property bargains. Because of the favorable rates, French property can now be had for 10% less. According to data from Offshoreonline.org (which helps source euro mortgages for UK buyers) [...]
Moving your finances abroad is stressful, and many expats forget to ask the most important question: what do I need to do before I move and what can be done later? Our checklist helps you identify urgent actions–and will save you money, time and hassle in the long run.
Greek locals aren’t the only ones suffering the harsh reality of the debt crisis. Expats are under increasing pressure as companies eliminate assignments and strikes disrupt businesses linked to tourism. But in every crisis there is opportunity, and Greece is no exception. Stuart Orchard, owner of XpatAthens.com, tells us how more reasonable property prices could [...]
Britain’s cheapest house has gone up for auction, reports The Daily Mail‘s Simon Tomlinson. Paul Fosch Auctions is asking just GBP 7,000 for the home, which is a classic “fixer-upper.” Still, hopeful expat property moguls should think twice about placing a bid in tomorrow’s auction. According to Paul Fosch’s Heidi Wangemann, the interior is a [...]
Prague may be making a comeback as a hot property market, according to Brett Tudor on The MoveChannel. The country has spent the last ten years building a reputation as a sound investment location, and its performance has outstripped many other former communist bloc countries. In some ways, Tudor writes, the Czech Republic’s communist past [...]
Falling prices and rising demand have made it cheaper to buy than rent property in 45 of Britain’s 50 largest towns and cities. It is now an average 13% more expensive to rent than own, according to research from property search website Zoopla.co.uk. The results were based on a comparison of asking prices and rents [...]
Expats investing in London property could improve their yields by 10% just by researching the market more carefully, found a recent report from Offshoreonline.org. Many overseas buyers look at average figures for the city when making purchases, ignoring critical variances across specific neighborhoods. Expat Wealth spoke to Erica Evans, Director of Expatfindaproperty.com, to get the [...]
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