Exchange rates boost Brit spending power

Euro can save a lot on your property by paying attention to currency exchange rates and that’s no lira. That is the message experts have for British buyers, as weaker currencies overseas boost their spending power abroad. In Spain, a two bedroom apartment on the Costa Blanca, such as the key-ready properties at Brisas de […]

Savvy Brits can save £000’s on second homes overseas

Exchange rates can have a big impact on the global property market. Whether purchasing a property for personal use or as an investment, beneficial exchange rates can lead to buyers getting a lot more for their money. The value of the euro against the pound is an excellent example. A two bedroom apartment on the […]

Germans buying more property in Mallorca

Germans are buying more property in Mallorca, according to agents, as foreigners continue to prove essential to Spain’s real estate recovery. The area of Mallorca has always been popular with international tourists, as the Balearic island’s sandy shores offer stunning scenery and sumptuous food. But while Mallorca attracted more than a million Brits this summer, […]

Second home purchase could be less expensive holiday option

Buying a second home may be a cheaper option for going on holiday in Spain than booking a hotel room, new data from Spanish homebuilder Taylor Wimpey España has revealed. The company’s sales and marketing director  explains, “Obviously we know all about the many advantages of owning a second home in terms of lifestyle benefits and convenience, but it […]

Spanish property sales up 11 months in a row

The Balearic Islands saw the biggest increase in sales – up 37.4 per cent year-on-year – while Extremadura led the decreases with a fall of 9.8 per cent. British buyers are at the front of the international charge, according to Spanish homebuilder Taylor Wimpey España, thanks to the strong spending power of the pound. German, […]

What the future is for the US EB-5 investment visa?

The United States EB-5 investment visa is currently being debated. Democratic and Republican negotiators in the House of Representatives and the Senate are discussing the reauthorisation of the EB-5 Regional Center Program. Any update to the current regulations must be agreed by both before the end of the month, although an alternative is that it […]

Winter sun away from the crowds – short-haul suntraps for British second homebuyers

Predictions of a hot August for the UK, made in such a carefree manner in July, didn’t quite come to fruition. Instead, the month ended with bookmaker Ladbrokes simply stopping taking bets on August being the wettest on record. Enough said. With the UK having endured another soggy summer, many individuals are turning their thoughts […]

Apartments replace villas on Spanish property wish list

Apartments are the new villas, when it comes to Spanish property wish lists. 80 per cent of properties sold in Spain in 2014 were apartments, according to the General Council of Notaries, as flats begin to replace the once-idyllic rural villa as the dream of overseas buyers. Housebuilder Taylor Wimpey España says that second homeowners’ […]

My best advice: 16 property pros reveal where to invest abroad

Continuing our new series, experts from around the world share their advice on the top places to invest overseas. There are numerous factors to consider when investing overseas: exchange rates, long-term rental potential and property price growth. But thousands of Brits buy abroad every year. Some simply want a better quality of life, others are […]

Celeb spotting in Mallorca

Models, actresses, sporting heroes, royalty… all have been wooed by the balmy breezes and stunning scenery of Mallorca over the years. Agatha Christie wrote Problems at Pollensa Bay while holed up in Puerto Pollensa in the 1930s. Winston Churchill holidayed just along the coast from the same spot. Even Grace Kelly and Charlie Chaplin have […]

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