Record Number of Brits Now Own Turkish Property

property in TurkeyAccording to the latest data released by the Turkish General Directorate of Land Registry, demand for Turkish property is not showing any signs of slowing with a record 32,000 Britons now owning property in the country where east meets west.

The last couple of years have seen interest in second homes especially along the stunning Aegean and Mediterranean coastlines swell with foreign investors purchasing twice as much property than they did in total over the past 79 years since the founding of the Republic, the data reveals. European buyers in particular have been attracted to Turkey due to the affordable property prices, low cost of living and direct access from the UK.

Cardea Property Consultants sell $14.5m of real estate in the First Half of 2010

Sugar Beach VillaFemale property investors are becoming increasingly confident about the overseas property market; Cardea Property Consultants, sales and marketing agents for Sugar Beach villas in St Lucia, have sold luxury villas totalling $14.5 million in their first six months of operation. Since the all-female agency set up in December 2009, four private residences and three freehold rental pool villas have been sold.

Their success is down to several factors:

African Adventure

african propertyA property opportunity far from the maddening football crowd

Every four years the world goes mad with football fever and this year all eyes are turned to South Africa. For many fans this will be their first taste of this beautiful country but for the discerning property buyer with an eye for quality, this year could be the first visit of many with a winning opportunity in Knysna joining the likes of Roger Federer, Ernie Els and Nick Price in your overseas holiday home.

Turkey recommended as best place in Europe to invest

property in turkeyTurkey’s popularity continues to ride high with the nation where east meets west recommended as the best place to invest in property in Europe by the Global Property Guide Property Recommendations mid 2010 report.

Released this week, the expert report reviewed major global property markets, focusing on how much appreciation in value a property in a certain location is likely to see as well as the future earnings it will yield.

According to Global Property Guide data, gross rental yields are currently at 5.48% with significant potential for growth, especially in primary cities such as Istanbul where property remains affordable and demand high.

An Alpine chalet is not just for Christmas

an alpine chalet is not just for XmasTop 5 Activities to enjoy in the French Alps this summer

The French Alps are renowned as a top winter tourism destination attracting millions each year to its pristine pistes, exclusive resorts and charming villages.

But the area is not only to be enjoyed for a few months each winter, the French Alps offer a wealth of attractions in summer also and with latest reports from French mortgage specialist, Athena Mortgages, stating that May was the busiest month of the past 12 in terms of enquiries, it would seem that buyers are seeking Alpine homes that they can use all year round.

Property in Oman: An Arabian Treasure

Property in OmanOman might not seem like the first choice for your overseas property investment however Oman is becoming increasingly popular with overseas property investors.

Oman, once the most powerful state in Arabia, is now the ultimate luxury haven, for both tourists and foreign property buyers alike. Located along the south-east coast of the Arabian peninsula in south-west Asia, the country is rich in culture and renowned for offering a tranquil way of life.

Expats Must Act Now to Claim Through Spanish Tax Rebate

Expats Must Act Now to Claim Through Spanish Tax RebateExpats who paid out too much tax on their Spanish property sale may be entitled to a rebate amounting to thousands of euros, according to leading foreign exchange firm Currencies Direct.

The potential capital gains windfall for British expats who sold property in Spain before 2007 comes after the scrapping of a discriminatory Spanish tax law.

Now with the pound weak against the euro, and the clock ticking on securing refunds, all claims must be filed by 21st November this year. The Currencies Direct experts say there is no time like the present for expats to get their refund and repatriate the money.