Les Calvert
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Les Calvert - Director of Property Abroad and Homes Abroad often writes articles and guides on buying a property abroad. His 300+ websites feature over 250,000 properties for sale in more than 100 countries around the world. Visit his site at http://www.property-abroad.com/ or http://www.homesabroad.co.uk/ http://www.estateagentsabroad.com/
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A latest report by global real estate services firm Jones Lang LaSalle indicates that property investors will be increasingly extending their footprints to emerging destinations. In the coming years, real estate dollars will be pumped into newer cities like Moscow, Sao Paulo and Shanghai and Beijing.
If you dream of becoming part of the jet-set club of wealthy Brits who maintain holiday homes in Tuscany, drive only limited-edition luxury cars, and dine at the fanciest restaurants, you'll have to aim higher than £1 million. In the 80's £1million could have afforded you the millionaire lifestyle, but today, it can provide you good financial security and a lifestyle that can be best described as 'very comfortable'.
You may have come across several 'top ten' lists discussing the best places for real estate investments. And found a discrepancy between different lists - destination number one in the first list may not even figure in others! Of course, the sources conducting the survey/study would have set unique criteria to identify the investment hotspots.
Latest reports suggest that the still-struggling US housing market is getting unlikely support from rival China. Wealthy Mainland China buyers are snapping up US residential and commercial properties; in fact, the Chinese have crept up just behind Canadians as the second-highest foreign buyers of American homes.
Sales of existing homes have now improved for three consecutive months according to the latest data from the National Association of Realtors. Their figures show sales increased by 3.6% in December compared to December 2010.
Investors have been forced to sit up and pay attention to Turkey as the flow of positive data coming from the country continues. Turkey is now one of the fastest growing economies in the world, and a very popular choice with investors.
The Miami Realtors Association has revealed that the boom in property sales in the region continued in September, with a growth of 36% year on year. The growth was fuelled by a 25% drop in prices according to the report.
The Florida property market is currently awash with repossessed properties, distressed properties and distressed developers. It is also awash with foreign property buyers on the look-out for bargains.
According to the latest figures from the French equivalent to a National Association of Estate Agents (FNAIM), while French property prices remained stable in the third quarter, only Paris and Ile are managing any significant growth.
Bulgaria is the most searched for country with Russians searching for property on the largest Russian language overseas property portal 1-property.ru. According to the data the 5 most popular countries are as follows:
