The Economic Climate and Buying Property Overseas
The current state of the global economic climate has had an effect a many overseas property markets. Also, it has affected investors, large as well as small, who are looking to buy property abroad now or who had already bought before the recession started.
The United States
The US, particularly Florida, has a high volume of properties that have been repossessed and has been badly hit by the economic recession. Investors looking for property abroad at a great price should look at the UK...
The Buoyant Dominican Republic Property Market
After Cuba, the Dominican Republic is the second largest Caribbean nation with a population of around 10 million. The Dominican Republic also has a thriving economy, agriculture being its primary economy including sugar production. Advanced telecommunications systems and networks have also allowed it to build a successful services industry, and it has one of the largest economies in the Caribbean.
Tourism is growing at a steady pace and is very important to the Dominican Republic economy....
The Dubai Property Market and New Opportunities
Dubai and its amazing property developments came to a standstill in November 2009 when the Government-backed Dubai World Conglomerate issued a statement to the effect that it could not repay its debts of $22 billion.
Crisis discussions are taking place quickly to tackle the huge debt problem and to discover a way to pay it off and enable the stability of Dubai's economy. This has had an impact on the Dubai property market although not necessarily in a negative way. Those who have purchased in...
Top Ten Property Investment Hotspots in the UK 2010
Over the last two years, in 2008/9 there has been a decrease in property prices made even more difficult with the economic situation in the UK and across the globe. However, property prices rose in 2009 by roughly 6 per cent which has offered some hope. Here we take a look at the top 10 property hotspots in the UK for 2010, although opinion is divided as to whether there will be a rise or fall in property prices in 2010.
Property in the South East of England
Some areas of the UK are expected...
Affordable Housing and Housing Associations
Housing associations have come some way since the 'old days' when there were only a few of them and the number of properties available was limited. These days, there is a lot more property available because there are planning laws in force that ensure that developers make a share of property available to housing associations. These may be rented or sold to first time buyers.
With the boom in the property market over the last few years, home ownership has become fashionable and a must-have...
St Lucia Houses and the Property Market
St Lucia is a beautiful island in the Eastern Caribbean. More recently than some Caribbean islands, it became an independent state of the Commonwealth of Nations in 1979. Queen Elizabeth II is still recognised as the Head of State.
It has a heritage influenced by African, English and French cultures.
Tourism plays a large part in St. Lucia's economy. St Lucia is popular for tourism as it has a wonderful climate, tropical rainforests as well as other unspoilt scenery and an abundance of...
The Haven of the Turks and Caicos Property Market
The Turks and Caicos Islands consist of two island groups, the smallest being the Turks Islands and the larger Caicos Islands. There is a population of about 30000. The Queen of England is sovereign and the language is English.
The islands have a thriving economy including tourism, construction, retail and financial services. Tourism is expanding and the islands have one of the longest coral reefs in the Caribbean which is a haven for divers.
The Turks and Caicos property market has been...
Invest in an Overseas House
Purchasing a house abroad has become very fashionable in the last 10 years. UK citizens have chosen Spain or France when buying an overseas house, until recently when buyers have looked further afield. Countries such as Bulgaria have become a focus for the more savvy buyer.
The global economic downturn and major currency fluctuation have changed the market significantly through 2009 resulting in a more daunting prospect for the average person investing in houses and apartments abroad. You...
Affordable home deals for first time buyers
It's been a tough time for first time buyers over the last 18 months. We keep reading reports that the housing market is on the up, prices are rising since the latter part of last year and house prices are gradually regaining their buoyancy. But still it's a tough time for first time buyers to get onto the property ladder.
This is down to a number of factors. Although interest rates on lending has been slashed to an all-time record, and show no signs of increasing in the foreseeable future,...
Jamaica and its Property Market
Jamaica is beautiful. It has a sunny, tropical climate and is the third biggest island of the Caribbean. It has been independent for over forty years, from 1962, and Queen Elizabeth II is Head of State. She officially uses the title of the Queen of Jamaica when visiting.
Jamaica's heritage and culture is surprisingly diverse. Jamaicans' heritage includes African, Indian, British, Chinese, German and Irish. There is an increase in immigration from Latin America and China.
Jamaica is a popular...