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July 2010

Spanish joy!

This is turning out to be a rather successful summer for Spain. Not only did Spain defeat Holland to win the football World Cup yesterday, but tennis ace Rafa Nadal won Wimbledon last week, while data released this month shows that Spain property developers have crucially reduced the number of new build homes in Spain.

12 July 2010

New home prices in Canada improve

The average price of a new home in Canada appreciated by 0.3 per cent in May for the third straight month, resulting in a 2.9 per cent annual price gain in the year, according to the latest data released by Statistics Canada.

11 July 2010

Madeira property project attracts investors

Madeira property firm Morgan Forbes reports that shares in its new Pearl Island property venture, located on the west coast of the Portuguese island, are selling at rapid pace, with almost 20 per cent phase one sold within just one week of launching the scheme.

9 July 2010

New Swiss ski apartments launched

New Swiss apartments have been released on the slopes in Grimentz, and are the first new homes in this resort to be made available to foreigners since 2007.

8 July 2010

Malta property sales remain steady

The economic downturn has had minimal impact on Tigne Point, one of the highest profile Malta property developments, according to the senior sales and marketing manager behind the mixed-use project.

8 July 2010

Rising tourism may boost Turkey property market

A surge in holidaymakers visiting Turkey this summer could lead to an increase in the volume of people buying property in Turkey.

8 July 2010

Brazil property to prosper from World Cup

As the 2010 football World Cup nears its end, with the current tournament in South Africa finishing on Sunday (June 11th), all eyes will soon turn to Brazil, where the next World Cup will be held in 2014.

7 July 2010

Spain property prices still too high

Asking property prices in Spain are still up to 20 per cent overvalued, according to people seeking to buy a home in Spain.

7 July 2010

French leaseback demand to soar

Demand for French leaseback properties is expected to increase dramatically over the next few,according to Athena Mortgages, following last week's announcement that 100 per cent loan-to-value mortgages are being made available.

6 July 2010
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