Overseas property blog

Chandigarh is among the fastest growing cities in India. With a year-on-year growth rate of 7.91 per cent since year 2000, the city has been positioned at number four among the fastest growing cities in India according to a  recent report by the International Institute for Environment and Development. Now that the local economy of Chandigarh is flourishing at a sustainable rate, the property market is beginning to follow. Dozens of property deals are closed every week in the city.

More on Indian real estate starts to move

Brad pitt and Angelina Jolie have reportedly invested in Dubai’s The World offshore development. According to sources in Dubai, the Pitts have bought an artificial island of their own to “encourage people to live a greener lifestyle,” *chokes on his coffee*. Why they can’t just coma out and say, “we want to make money investing in international property ,” is beyong us.

More on Brangelina invest in Dubai

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Slovenia property for sale is becoming popular with overseas property investors looking for overseas property investment. Slovenia property investment has become more popular than ever, since Slovenia was named in the top ten countries in the world in terms of property investment – with forecast growth of up to 280% over the next 10 years.

More on Slovenia Property – An Investment for Long Term Growth

Gaining financial security is the main reason why most people turn to property, which is no surprise because property has been and continues to be one of the most solid investments around.
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Investing in property represents the best reward vs. risk investment you can make for you and your family. It’s commonly known that pensions are giving poor returns, so whilst other investments are failing to deliver, property investment in the UK and overseas continues to grow.

More on How Property Investment can work for you

 

Ups:

 

  • Bargain-hunters Gain as Spanish Costas Cool
    A slow down in construction has led to buying opportunities. From the Financial Times.
  • On a Greek Isle, Preserving Tradition
    A couple transforms a building on the Greek island of Poros. From the New York Times.
  • More on Monday Morning Property News Roundup

    Spain’s soaraway property market has ended its decade-long boom, new figures show, with prices falling for the first time in many parts of the country.

     

    In the country as a whole, prices inched up by just 0.3 percent in the third quarter of the year, the smallest increase since 2000. But prices fell in 13 of Spain’s 50 provinces, including many popular with British homeowners.

    More on Bleak outlook for British homeowners in Spain

    http://internationalpropertyinvestment.com/wp-content/uploads/Petronas-Towers.jpgWander around Kuala Lumpur, in the shadow of the mighty Petronas Towers, and it’s clear that Malaysia, which celebrates half a century of independence this year, is going places. You can forget those colonial images of mile after mile of sleepy rubber plantations; five years from now Malaysia will be importing rubber from Thailand. In KL, the capital, in particular, there is a prosperous, fast-growing middle class needing property. But Malaysia also has a Second Home Programme, aimed at people from overseas thinking of retiring to the country.

    More on Retire to Malaysia

    The amount of speculation driving the real estate market in Panama City is breathtaking. Literally, I sometimes gag when I hear the kind of numbers floating around this place. The amount of money being spent is unfathomable, and for what? No one’s actually getting anything? These are all condos that won’t be built for months, sometimes even years! I can honestly say that I’ve never seen, maybe with exception of the Beanie Baby craze, so many people putting down money and reserving a product that doesn’t yet exist.

    More on Panama Real Estate: One Big Hoax

    Gazing into our crystal ball, this is a list of likely overseas property investment markets that should do well in 2008, assuming that the current financial disaster in process in the US does not spread like a disease across the world – which does look like a strong possibility.

    More on Top Ten Property Investment Hotspots for 2008

    Abu Dhabi is closely following Dubai’s recent example, but with a few strong exceptions that are making Abu Dhabi look by far the better investment

    prospect:

    1. Culture. Abu Dhabi already has satellites of the Louvre and the Guggenheim museum with more cultural attractions planned, including a Formula 1 race track complex that dwarfs the Dubai track.

    More on 10 reasons to invest in Abu Dhabi instead of Dubai