PropertyO News
Latest Property News, Nov 2009
This week's exchange rate news
Last week's revision of UK GDP showed that we are still deep in recession - which has not helped sterling's performance in foreign exchange markets. The UK certainly appears to be lagging behind other economies in Europe as well as the USA and Australia - which is a worry for anybody sending money abroad in the coming months...
Mon, Nov 30, 2009
Avoid investment property cash killers
If your home is worth a certain amount in monthly rent in the current market, don't waste months chasing that little bit extra -Check out these seven handy hints on how to avoid watching your cash draining away whilst trying to make your investment property pay...
Fri, Nov 27, 2009
Foreigners ‘can own iraq land'
A new investment law in Iraq will allow foreigners to own land for residential property projects and also streamline the regulation and application process - the once war torn country needs millions of new housing units in the next few years but also needs foreign investment to build them...
Fri, Nov 27, 2009
Price rise for philippines
Philippine property yields are expected to remain steady or show a slight increase during 2010, driven by a resurgent Asian economy, forecasts apart-hotel property investment specialist, Asset Property Brokers - the Chinese economy is predicted to grow by 9% in 2010 with Singapore expanding by 4.3%, Taiwan by 3.7% and the Philippines by 3.2%, according to the International Monitory Fund...
Fri, Nov 27, 2009
Rise in global distressed sales
Over 80% of key real estate markets around the world have seen a rise in distressed sales in the commercial property market, according to new research - the survey by the Royal Institution of Chartered Surveyors of its members in 25 countries found that the biggest pick up in distressed sales was in South Africa, the US, Portugal and France in the third quarter of 2009...
Thu, Nov 26, 2009
Strong overseas demand for mexico
The Mexico property market has received a timely boost from overseas nationals - primarily North Americans - looking to buy an affordable retirement property in Mexico, reports Overseas Property Professional (OPP)...
Thu, Nov 26, 2009
Spanish banks ‘must be better agents'
Demonised by agents for keeping prices artificially high to avoid losses, or making it harder for agents to access distressed deals, many now feel that Spanish banks must become better estate agents if the market is to recover...
Thu, Nov 26, 2009
World's ugliest buildings
Poor old Federation Square in Melbourne has made it onto VirtualTourist's annual list of the ‘World's Top 10 Ugly Buildings,' alongside New Zealand's Parliament building ‘The Beehive' and Center Georges Pompidou in Paris...
Tue, Nov 24, 2009
Seasonalise your holiday pad
If you have a ski or winter sun holiday property to rent out, seasonalising the marketing of your pad can really help to appeal to holidaymakers at different times of year - so get your skates on and make the most of your advertising to attract the last minute bookings...
Tue, Nov 24, 2009
Timbuktu: travel blacklist
The threat of al-Qa'eda-linked terror attacks is now too great for British tourists to visit Timbuktu, the Foreign Office has warned - the new travel advisory raised the threat in and around Mali's oft-quoted oasis town to "high" after a surge in kidnappings of Westerners by al-Qa'eda in the Islamic Maghreb (Aqim), a growing terror cell inspired by Osama bin Laden which is widening its reach across the unpoliced Sahara desert...
Tue, Nov 24, 2009