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France could appeal to high rate UK tax payers

The idea of owning property in France could soon become even more appealing for wealthy Britons seeking to escape paying 50 per cent UK income tax, after French President Nicholas Sarkozy signalled that he was planning to scrap the country's wealth tax. Sarkozy said he is thinking of abolishing France's wealth tax in order to bring the country's tax system in line with Germany's and attract more high net worth people to France.

25 November 2010

Banks to slash Spain property prices

Banks in Spain now recognise that they have no alternative but to reduce Spain property prices further if they are going to have any chance of attracting more buyers.

25 November 2010

Price rise for single family homes in Miami

The average price of a single family home in Miami appreciated by 12 per cent to $199,100 (£126,000) in October compared to the corresponding month last year, according to the MIAMI Association of REALTORS and the Southeast Florida Multiple Listing Service.

25 November 2010

Florida home prices drop 7.7 per cent in September

The average price of a home in Florida fell by 7.7 per cent in September compared to the corresponding month last year, presenting prospective purchasers with even cheaper homes in the Sunshine State, according to a new report from analytics firm CoreLogic.

25 November 2010

Exclusive French property development nears completion

A new French property scheme, located in one of the most sought after regions in the French Alps, is close to being completed.

25 November 2010

Brits to target Asia Pacific property investment markets

More British investors seeking to add to their property portfolios are eyeing property investment opportunities in Asia Pacific, according to research conducted by Aviva Investors.

24 November 2010

Germany property market is improving

Sentiment towards the Germany property market - residential and commercial - is recovering as the economy shows signs of improving and jobless figures fall.

19 November 2010

New Zealand properties becoming more affordable

According to the latest data from the Roost Home Loan Affordability report New Zealand property prices are now at their most affordable in 16 months.

19 November 2010

Dubai property firm to build ski homes in Macedonia

Dubai property firm, M and G group, has purchased a majority share in the Macedonian ski resort of Kozuf for £170 million with a view to constructing hundreds of new holiday apartments and turning the scheme into a major European ski destination, reports Maktoob Business.

18 November 2010