Posts Tagged ‘property’

Homes in Brittany ‘fit a GBP100,000 budget’

October 20, 2008

Those with GBP100,000 should have little difficulty finding a property in the French region of Brittany, it has been stated.

French property specialist firm VEF said there are many properties available in the region for this amount, which works out at around EUR125,000….

France ‘the safest place to invest’

October 20, 2008

Those looking to invest in property at present should look to France, an expert on property in the country has said.

Alex Charles, the co-founder of the property website creme-de-languedoc.com: "If the UK sinks into a recession then investors will look to France for a safe investment; it is low risk because of the legal framework….

UAE hailed as attractive investment

October 20, 2008

The United Arab Emirates (UAE) has been described as a safe investment location for western investors in property who are looking to escape the credit crunch.

Overseas property firm Select Property has said that the UAE is benefiting from having a market based on different foundations as opposed to those found in places such as Britain and the US….

Senate votes for new rescue deal

October 20, 2008

In news that may interest those seeking to invest in US property, the Senate has backed a revised plan designed to bail out the struggling American banking system by 74 votes to 25.

The deal still includes the same central plan to spend USD700 billion (GBP380 billion) of taxpayers’ money to rescue the financial sector as the original blueprint that was rejected by Congress on Monday….

Australian central banker in rate cut call amid half-point speculation

October 20, 2008

Australia’s federal treasurer Wayne Swan has urged high street banks in the country to pass on as much as they can of any rate cut that the Reserve Bank of Australia may make next week.

Commenting amid speculation that the bank may cut rates by as much as half a percentage point next week, Mr Swan said: "I would encourage all of our banks to act as responsibly and as competitively as they possibly can," reports ABC News….

Thailand ‘looking at relaxing foreign ownership rules’

October 20, 2008

Thailand is considering relaxing the rules on foreign ownership of property to make it easier for non-Thais to invest there.

Global Property Guide figures supplied to the Seoul Times have revealed that while prices increased by 5….

Tavira hailed as Algarve holiday location

October 20, 2008

The town of Tavira on the eastern Algarve has been hailed as an outstanding place to spend a holiday at this time of year.

In an article that may interest those investing in Portuguese property, the Daily Telegraph said the town is "hard to beat as an autumn break"….

France ‘offering soundest property prospects’

October 20, 2008

French property is one of the safest ways for people to invest their money, an overseas property firm has stated.

VEF, which specialises in the French market, has said the country has a number of economic advantages over its neighbours….

Dubai sales ‘tipped to reach GBP100 billion’

October 20, 2008

Sales of property in Dubai will reach GBP100 billion in value this year, it has been predicted.

Analysts are forecasting that the emirate will reach this figure in 2008 after last year brought a sales total of GBP64 billion, the Move Channel reports….

Hurghada ‘offers irresistible combination’

October 20, 2008

The Egyptian resort of Hurghada offers UK investors an ideal location in which to invest, it has been stated.

Nick Marr, the chief executive officer for overseas property portal Homesgofast, said of the resort: "Low prices and an area with its own airport make Hurghada an irresistible combination for UK investors….