World Property Markets - Overseas Property and Real Estate News

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The Canada Mortgage and Housing Corporation, which serves as the country’s national housing agency, is predicting an 8% increase in home prices for the metro Vancouver area. That’s in comparison to an 11% increase for all of 2007, and will still leave the city with the highest prices in the country. “What we’re expecting is a bit of moderation,” said Robyn Adamache, senior market analyst with the Canada Mortgage and Housing Corporation. “Prices are going to continue to increase, but at a slower pace than we’ve seen over the past couple of years.” Adamche was quoted in a recent International
As United States and some Canadian real estate markets have been hit by the slowdown in housing sales, Vancouver continues to shine. While things might look to slow a little, prices will still increase and the city in western Canada expects to be doing a brisk business throughout this year […]

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Spanish agents say problem of under-declaration is growing (27 May 2008) wrote an interesting post today on
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Valencian unsold property to become social housing (23 May 2008) wrote an interesting post today on
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Valencian unsold property to become social housing (23 May 2008) wrote an interesting post today on
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The central Bulgarian city of Plovdiv is becoming a popular tourist site in one of Eastern Europe’s most popular countries. International visitors and second home purchasers are looking for more and more homes and destinations in this country. In 2007, Bulgaria experienced one of the highest growth rates of tourism in the world, according to Clement Wong, travel and tourism manager for Euromonitor International, a global market research firm. With some of the oldest sites and ruins anywhere in the world, Plovidv has gained a reputation as a history buff’s dream location.
Located 150 kilometers southeast of Sofia, Plovdiz has a population of almost 350,000 residents. It ranks as the second Bulgarian city in population, size and significance, after the capital of Sofia. In addition to being an important cultural, historic and tourist centre, Plovdiv is a regional administrative centre. The location in the center of the country makes it convenient […]

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International Real Estate News wrote an interesting post today on
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A rise in tourism and international airline flights has helped to increase the sales of property in Thailand, according to a new report. Real estate firm CB Richard Ellis, the nation’s largest international provider, notes that soaring investment in Thai property is, in large part, attributable the popularity of the country as a tourism destination

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International Real Estate News wrote an interesting post today on
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Vietnam’s National Assembly recently adopted a resolution that permits foreigners who live in the country to purchase apartments. This will aid the country’s real estate market and give a boost to international companies who do business in Vietnam, and particularly their employees who live and work there.
Ho Chi Minh City, formerly Saigon, is the main economic and cultural center for the country and it will be affected most directly by the new resolution. There are a number of industrial parks and residential cities in and around the greater metro area, and these will benefit as soon as it goes into affect in the beginning of next year.

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International Real Estate News wrote an interesting post today on
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EPEX 2008, the Exclusive Property Exhibition, is only a few weeks away. Set for 21-22 June, 2008 at Earls Court and Olympia National Hall in London, this is the show for international property investors and sellers. This unique property exhibition is for anyone interested in purchasing premier properties and the latest in luxury home furnishings. Exhibitors are primarily estate agents and brokers with properties all around the globe valued at over £500,000. Best of all the exhibition is free to attend
Property agents, realtors and individual owners will all be on hand to display their distinguished real estate and let you know why you should invest in their particular offering. There is no other showcase quite like this, anywhere in the world, where you can find so much high quality property and do your comparisons right there, all in one place.

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Tourism in Egypt grew by 20% in 2007, according to the United Nations World Tourism Organization (UNWTO). The Middle East, despite continuing turmoil, is one of the strongest tourism markets in the world, according to the report. For all of last year, some 46 million tourists visited the Middle East, and 10 million came to Egypt. The capital city of Cairo and the tourist resorts of Sharm El Sheikh and Hurghada remain among the most popular destinations in the country.

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Homesgofast.com wrote an interesting post today on
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One of the best combinations for a buy to let property would be below market value property, strong rental yield driven by tenant demand, an area of high employment with good prospects for long term capital growth and a typical landlord’s insurance policy to give added protection.

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