Category: Overseas Property
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Dubai Dreaming – A UK National’s Guide to Buying Property in the UAE
Dubai’s property market is buzzing, drawing British buyers with its no-tax perks and year-round sunshine. But what does it really take to buy a home in this bustling desert metropolis? A new guide in The Telegraph looks into everything from choosing the right broker to navigating financial requirements, helping you make informed decisions. Dubai isn’t…
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Hot Spots and Cold Fronts in Europe’s Property Markets
When it comes to making money in property, the concept of ‘rental yield’ is paramount. This is the annual return you earn from renting out a property, expressed as a percentage of the property’s purchase price. For investors, a higher rental yield translates to better returns on investment. So, if you’re thinking about investing in…
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Manila Tops Global Prime Housing Market with Stunning Growth
In a recent study by Knight Frank, Manila has emerged as the world’s leading city for prime housing market growth. This bustling metropolis has seen an impressive 26.2% surge in house prices, earning it the title of the hottest prime market globally. The city’s remarkable growth in the property sector is primarily due to its…
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Fading Dreams in French Countryside – Is the Era of British Gîte Ownership Over?
For decades, British retirees have chased the dream of buying cheap properties in France, transforming them into charming holiday rentals known as gîtes, and supplementing their pensions. Originating in the 1950s, gîte holidays provided a perfect blend of adventure and income for many Francophiles. The allure was undeniable: live affordably in the serene depths of…
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Buying Property Abroad with Equity Release
Equity release might sound complex, but think of it as a financial tool specially designed for over-55s. It allows you to tap into the value of your home, releasing cash that you can use while still living there. Here’s how it works: You borrow against your home’s value, and you don’t need to pay back…
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Montenegro’s Riviera is The New Luxury Property Hotspot
Montenegro, having gained independence in 2006, quickly ascended as a prominent tourist destination. By 2019, the number of visitors had swelled from 953,000 to a staggering 2.6 million. The allure of the Adriatic coast, coupled with the emergence of upscale hotels, shopping destinations, and fine dining, has repeatedly drawn tourists. However, with new property developments…
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Dubai’s Luxury Housing Market Continues to Attract Global Billionaires
In the first quarter of the year, Dubai has seen an increase in the sales of high-end homes, with properties worth $10 million or more experiencing a 6% rise compared to the same period last year. This rise underscores the continuing allure of Dubai as a hotspot for the international ultra-rich. A report released by…
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Brits Eye Sunnier Shores for Holiday Homes – Spain, Portugal, and Italy Top Choices
Britons are increasingly setting their sights beyond the UK’s borders, with Spain, Portugal, and Italy emerging as the hotspots for those dreaming of owning a slice of paradise under the sun. This trend highlights a growing appetite for international property investment among UK residents, against the backdrop of domestic housing challenges. The Lure of Foreign…
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US Home Prices Hit 14-Month High
The cost of buying a home in major cities across the United States has shot up to its highest point in over a year. According to the most recent S&P/Case-Shiller data, the housing market isn’t showing signs of slowing down. In January, the growth rate of house prices in significant US cities accelerated, marking the…
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Dreaming of an Italian Home? Avoid These Common Blunders!
Are you mesmerised by the idea of owning a slice of Italian paradise, much like celebrities Amanda Holden and Alan Carr? Before you dive into the enchanting world of Italian real estate, take a moment to arm yourself with essential knowledge to navigate this journey smoothly. Whether you’re eyeing a quaint fixer-upper in Tuscany or…