Property Abroad: Help For Overseas Property Buyers
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Five Reasons Why Canada’s Property Market Won’t Crash
Published on 05 September 2008
Property in Canada
Apologies in advance and all round for producing another article about property in Canada just a day after our report on the transparency and fundamental strength of the nation’s real estate market, but there were five other salient points that really needed to be made. These are five reasons why the experts believe Canada’s property market won’t crash.
Far be it from us to guess the market, but we felt that these expert opinions on the state of Canada’s property market were actually very valid and certainly worth sharing with anyone contemplating an investment purchase or perhaps a relocation to Canada.
Canada’s Safe and Transparent Property Market
Published on 04 September 2008
Property in Canada
If you take a moment to think about the following, you will find it is surprisingly true – in the face of news about crashing housing markets all over the world where the likes of the UK, the US and European countries such as Spain are heavily cited, there is no mention anywhere of ongoing issues of any sort in the Canadian real estate market. No one is talking down property in Canada or even the Canadian economy as a whole, so could it be that there is a corner of the world where the global fiscal crisis is having no impact at all?
Well, no, that’s not strictly true. As the leading trading partner with the US, Canada is certainly impacted by America’s woes, however Canada’s economy is also blessed by rock solid fundamentals and has been well taken care of by sound economic policy it would seem. What’s more, for those seeking a market where there is maturity, ongoing demand and yet where one still finds pockets of emerging potential, Canada’s safe and transparent property market is proving oh so popular.
Remain Level Headed About Overseas Property Potential
Published on 03 September 2008
Buying Property Abroad Advice
There seems to be an overwhelming amount of positive press relating to the overseas property market in general, with specific companies promoting the benefits and advantages of specific nations and their attractive housing markets. But how can this be when we in the UK are entering a recession according to the OECD, and when the US is suffering from a bleak property outlook too?
How is it that there are markets out there seemingly defying the odds and continuing to boom? Well, we would just like to point out a couple of things – one, you need to remain level headed about overseas property potential and not believe everything you read, because the vast majority of this promotion of international real estate is being done by companies attempting to sell it!
An exciting opportunity to own a charming and expertly renovated historic property in Rabat, Malta
Published on 11 August 2008
Worldwide Property Showcase
What do Gary Neville, David Beckham and Jean Alesi` have in common, besides being sport celebrities? The three of them together with a huge number of other international celebrities, business people, and common folk own property in Malta.
Throughout history, the archipelago has played a key role in major events due to its strategic location, and the future (in view of North Africa’s growing economy) looks even brighter for these sunny islands. Owning a property in Malta does not only offer a sound return on investment, but it also yields outstanding tax benefits for the buyer. The Islands are also an ideal place to raise a family due to the very low crime rate, excellent schooling facilities, outstanding health care, and genuine hospitality from the Islanders.
Due to Malta’s key roles in all the important eras in European history (from the stone-age to the end of the cold war), the Island is a living museum of historical sites, buildings, and artifacts. One of the gems that can be found on the island is the old fortified city of Mdina. Walking through the narrow streets of this city, one feels as though he was absorbed by a black hole and thrown back into medieval times. The architecture is jaw dropping, and the views are simply astounding. Needless to say, The Silent City (as it is nicknamed) is a host to some of the Island’s best restaurants and cafes.
As you walk out of the City’s main gate, you can start wondering how you can emulate Neville, Beckham and Alesi`; or whether you can outdo them in style without spending heaps of money. The answer lies five minutes walking distance away from Mdina.
Can Egypt property market continue to offer high potential in a downward global market?
Published on 09 August 2008
Buying Property Abroad Advice
The only press that property investment seems to get recently at home or overseas is negative with a continuous downward spiral of negativity. Egypt however may well be the one country where a property investor can expect to receive very healthy returns on investors and overseas holiday or retirement home seekers can find an absolute bargain at a fraction of the price of comparable overseas locations.
The Egyptian property market never really got dragged into the sheer hype that was driving other more popular overseas property investment destinations such as Dubai or Bulgaria. It came onto the radar screens of global property investors much later, only really making headway since 2005. Today when we take a look at the current property market in Egypt there are quite a few good reasons as to why Egypt seems to be avoiding the dramatic crashes of the other property markets.
Surge in Brits selling overseas property assets, is it time to buck the trend?
Published on 07 August 2008
Property in Bulgaria
As more Brits start to feel the effects of economic woes at home they’re starting to ditch some of those little luxuries that no longer seem quite so affordable or desirable, topping the list of such luxuries is the second home abroad. The overseas holiday home or ‘property investment’ is often viewed as an easily expendable asset that will provide some much needed capital through a tricky period without having a dramatically negative affect on quality of life. But what happens when too many people all have the same idea at the same time? Is it time for the smart property investor to do the opposite?
Simon Walker manager of Knight Franks International Off Plan division reports that primary overseas investment and property in the sun hotspots such as Bulgaria are seeing a marked trend change from a British investment market to a British selling market as Brits hope to cash in on their overseas assets. He says “It’s not like a wholesale thing, but there is a definite sea-change. Because there is trouble at home, people are going: ‘What can we get rid of?’
UK property price crash hits overseas markets
Published on 04 August 2008
Buying Property Abroad Advice
The fall in UK’s property market is already beginning to have a significant effect on many of the favourite retire to the sun destinations of Brits. During the past boom bust property swings we’ve all become too familiar with the traditional property ladder and its dependence on first time buyers keeping the market buoyant and preventing property chains from posing threats of a potential property grid lock.
It appears that the recent surge in interest for property overseas may well have resulted in the creation of a new ladder equally prone to the grid lock effect when first time buyers disappear off the radar.
Why Buy a Holiday Home in Nova Scotia
Published on 02 August 2008
Property in Canada
There are so many locations in the world that are touted as holiday hotspots, places where you can buy a second home and be guaranteed wall to wall sunshine and a great lifestyle for a few weeks every year. You can rent your property when you’re not using it and you can be with likeminded tourists and mix with the masses – all good if you like the thought of buying a property in Spain or somewhere targeted by the cheap flight operators, but what about if you want to get away from it all?
In this day and age everywhere from Morocco to Malaysia and from Brazil to Benidorm is considered an option for the holidaymaker and the property investor – but there are some of us who actually want to get off the beaten track and enjoy the kind of holiday, the kind of lifestyle that we used to enjoy as children. Which is why it can make sense to buy a holiday home in Nova Scotia. Canada? I hear you ask – yes, Nova Scotia in Canada – it is one of the most idyllic, charming and undersold locations in the whole world. Trust me!
Alternatives for Those Who Can’t Sell Their Property Abroad
Published on 02 August 2008
Buying Property Abroad Advice
It’s not just in the UK that would-be property vendors are suffering from the effects of a slow market, elsewhere abroad the picture is similar - from Austria to Australia - and those who have second homes overseas are finding it harder and harder to find a buyer, any buyer, let alone one who will pay the desired asking price.
So the question is, are there alternatives for those who can’t sell their property abroad? And we are here to tell you that there absolutely are! Rather than face a situation where you are constantly cutting the price of your property to bag an elusive buyer, why not become a landlord instead?