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While recently we have seen significant problems materialise in the Cypriot property market regarding ownership of land and property, there appear to be even worse problems emerging from Spain.
Just one year ago Len and Helen Prior were the subject of a
draconian local property ruling
which saw their £...
While the name Nick Leslau may be something of a mystery to many of the UK general public, there is no doubt that property investors and stock market investors ...
In what many see as a doomsday scenario for investors in northern Cyprus and justice for those forced to flee when the island was split some years ago, the Europe...
Unfortunately for many people Bulgaria has been something of a difficult property market over the last few years. While there is no doubt there has been a general property boom in the country it would appear that a number of people have fallen foul of development issues, fraud and deception. There is a post on the property community forum entitled "Difficulties off plan Bansko" which highlights a number of issues one particular forum member has had with regards to a number of properties in the region.
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There is a very interesting post in the Brazilian section of the Property Community Forum which covers the subject of currency variations between the US dollar and the Brazilian Real. Many people may have missed the fact that the Brazilian currency has weakened substantially against both the US dollar and the British pound for instance. This may surprise many because both the American and British currencies have been under substantial pressure themselves over the last few months.
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In the world of property and in particular land investment there can be few stories to match that of the Oak Island Money Pit. Oak Island is situated on the south shore of Nova Scotia, Canada and is one of around 360 small islands and is in itself only 140 acres in size. However this tree covered island has been the centre of one of the most bizarre treasure trove stories for centuries. The controversy and speculation revolves around the so-called Oak Island Money Pit and rumours of a £2 million treasure buried below the land which has changed hands literally dozens of times over the last few centuries.
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The ongoing investigation by US authorities regarding the affairs of Allen Stanford and the Stanford Group could have serious consequences for the Caribbean with Antigua possibly the worst hit by the potential downfall of this once great empire. The Stanford Group is allegedly under investigation with regard to an $8 billion investment scheme which offered "improbable, if not impossible, returns" through the company's offshore banking operation on Antigua.
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While China is not the largest country by landmass it is the most heavily populated with 1.3 billion people which is approximately one fifth of the world's overall population. Despite having a total land area of some 3,700,000 mi.² there are claims that the country is over populated in some areas and the property market varies dramatically from area to area. While this is a rather strange comment, it is one which is covered in the China Forum where there is a discussion asking the question, "Is China not too crowded yet?".
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In what many see as a doomsday scenario for investors in northern Cyprus and justice for those forced to flee when the island was split some years ago, the European Court of Justice (ECJ) has handed out a ruling which will shake the very foundations of the Cypriot property market. A situation regarding land ownership has been ongoing for some time although very few people believed we would actually arrive at a definitive ruling in favour of those forced to flee in 1974 when Turkish forces invaded northern Cyprus.
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Even though the Dubai property market has become friendless over the last few months there are serious concerns that we have yet to see the worst of the fall in property values in the region. A number of reports over the last few days have highlighted significant issues which have yet to be resolved and could get very much worse before they get better. It would appear that overseas investors are showing very little interest at this moment in time in the once prosperous Dubai property market.
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The question of how many homes a potential buyer should see before deciding upon the one they want to buy is a question which has provoked many different answers, many different strategies and many arguments. In truth there is no right or wrong answer because situations vary, people are very different and things do change. So what should you be looking at and considering when checking out potential homes to buy?
While the procedure to actually find a home in places such as Egypt, as covered on the thread entitled "How many homes should a potential buyer see?" in the property community forum, can take months to complete, the decision about which one you want to buy can literally take minutes, hours or days. So what exactly should you be considering when searching for your dream home in Egypt?
As the worldwide property market continues to struggle, many had assumed places such as the French Riviera would be the first to fall but so far this has not been the case - at least on the surface!
While prices were actually deemed to have risen last year in some areas of France, to the surprise of many property experts, a little more investigation into this phenomenon reveals that all may not be as it seems. Under the surface there have been a number of issues coming together which could see property values in sought after areas such as the French Riviera fall substantially over the next few months. So what exactly is going on?
News that £21 billion worth of German property fund assets have been frozen could seriously impact on the UK property market. It was revealed that the between Tuesday and Friday of last week 11 German-based property funds suspended the right of investors to cash in their units for between three and six months. These so-called open ended investment companies have been a very popular property investment vehicle for some time 
Fresh from winning eight awards at the prestigious US Oscars it appears as though Slumdog Millionaire could be set to revitalise the Indian property market and breathe life into a sector which has been under severe stress over the last few months. But can the market really depend upon a movie about life in the slums of India?
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A recent report by the Association of Valuers and Property Consultants in Private Practice Malaysia (PEPS) has highlighted a very useful concept which appears to offer a large degree of protection to the property market in Malaysia. When compared to neighbouring countries such as Hong Kong, Singapore and Thailand the price of property in Malaysia has increased at a slower rate with a steadier incline.
The last few months have seen a major change in the outlook for the Moroccan economy with tourism becoming a larger and larger part of everyday life in the country. There are a number of investment projects on the go and the feeling is that the country is set to become a new magnet for both tourists and property investors. But why has Morocco suddenly sprung to life and what is the potential for the future?
The Algarve is no stranger to many property investors around the world with the UK market especially in the middle of a long term love affair with the region. As well as property investors it has also been one of the prime locations in Europe for a holiday home but the last year has seen the area fall out of favour a little. Is this a short term blip or the start of a trend away from the more traditional property investment areas of yesteryear?
For those who are about to, or maybe already have, crossed the Algarve off their list of possible places to invest, think again. This is a vibrant area of Portugal and one which has an amazing ability of being able to reinvent itself time and time again to attract a new group of property investors while still retain the more traditional UK sun, sea and second home property investors.
While there are few people who would have seen the recent property revolution happening in Romania there is no doubting that the last few years have made many people a great deal of money. Locals, developers and foreign investors have all had a hand in the rise and rise of Romanian property, but has it all come to an end? Or do the fundamentals of last year still hold strong?
While recently we have seen significant problems materialise in the Cypriot property market regarding ownership of land and property, there appear to be even worse problems emerging from Spain.
Just one year ago Len and Helen Prior were the subject of a draconian local property ruling which saw their £600,000 Spanish villa razed to the ground after the land was reclaimed by the local authorities and their earlier property license was deemed illegal. The situation is reaching crisis point across Spain and there are significant implications within the EU as EU ministers get tough while trying to bring the Spanish authorities back into line.
The last few days have seen significant friction between Thai protesters and the Thai army with particularly disturbing scenes in and around Bangkok. Anti-government protesters have taken to the streets, causing the cancellation of a major Asian Summit, and there would appear to be no end in sight to the conflict. While the Thai economy as a whole has fallen in line with the worldwide economy many believe there is good value in the country, although this was prior to the latest round of conflict.
As Bangkok is effectively under siege with huge news blackouts and significant bloodshed on the streets there are many issues to consider for would-be investors in the region such as:-
Many people are starting to look at the Turkish property market as the potential next "hotspot" as and when the world economy starts to pick up. While it may be a little too early to invest into the market there are some interesting factors coming into play which could make the Turkish property sector one to monitor for the future.
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There are worrying signs in the United Arab Emirates (UAE) with suggestions that the authorities are looking to push through a significant change in media reporting under the guise of cleaning up reporting standards in the region. A new 45 article law has been introduced by the National Media Council, which is in effect the government arm for all media issues, which looks set to replace the existing Publications Law that have been in place for 28 years.
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As the saga regarding MPs expenses continues to escalate we have seen the creation of a new term in the English language which is "flipping your main residence". This is a process which has become very popular amongst many of the U.K.'s leading MPs but what exactly is flipping, what are the benefits and why is it so controversial?While there has been much mention of the second home allowance in the press and on the TV the truth is that there is no such specific allowance mentioned in the Commons expenses Handbook. There is an accommodation allowance which was designed to cover the cost of overnight accommodation for MPs on duty around the country. However, over the years this has developed into something very different and is now commonly referred to as the second home allowance – becoming one of the more popular MPs expenses of recent years.
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Even though financial headlines across the US have become more positive over the last few weeks there are still significant concerns that the US housing market has not yet entered a period of recovery. If you were to watch the news, the government initiatives and comments you could be mistaken for assuming that the recovery had already begun. So what exactly is going on with the US property market?
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Situated in the Xinyi District, Taipei, Taiwan the Taipei 101 building is still officially the world's tallest skyscraper with a massive 101 floors. The building itself was designed by C Y Lee and Partners and constructed with the expertise of the KTRT Joint Venture and Samsung Engineering and Construction. While skyscrapers around the world continue to grab the headlines there is something special about the Taipei 101 skyscraper which has been hailed as one of seven new wonders of the world by Newsweek magazine.
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