Overseas Property
Why invest in Dubai?
Brits accounted for AED4 billion of sales transactions (around £837m) in Dubai during the first six months of 2016 – the second highest out of 149 nationalities investing there. So, what makes property investment in Dubai an appealing proposition for Brits? The lifestyle It is a tax-free city, with no income tax or capital gains…
Alex Evans
SPANISH ISLANDS v MAINLAND SPAIN
Many of our clients when they first approach us are looking to buy in the Balearic Islands having previously had wonderful holidays there. My wife and I have had fantastic holidays visiting Menorca, Ibiza and Formentera. The only holiday visit to Mallorca was the airport for a connecting flight!! Before buying property on the Islands…
Keith Pintointernational
Low Spanish property prices could see British Buyers taking advantage despite Brexit
It seems as though British buyers are still interested in purchasing property in Spain but only of sellers who are willing to reduce their asking price. Despite the outcome of the EU referendum, British buyers are still showing an interest in Spanish property, especially from holiday home buyers and those looking to move to the…
Mark Burns
French mortgages: buying property across the Channel
Despite competition from emerging European property markets, France remains one of the most popular second home destinations for UK buyers. It is not hard to see why it retains its appeal; whether you’re after a luxurious villa on the Riviera, a rustic farmhouse nestled in the vineyards of Provence or an elegant Parisian penthouse, French…
Christopher Walkey
PORTALS, PAPERS AND AGENTS
As a “household”, well my wife and I, we regularly look through the property section of our local newspaper the Eastern Daily Press (very good it is too!). We look at country estates and think “imagine mowing the lawns” and “all that housework”. On a more serious note, we do look at property prices. Having…
Keith Pintointernational
Buy-to-let property market in Turkey appeals to UK property investors
As a change of tactic, it seems as though UK property investors are now showing an interesting in the buy-to-let market in Turkey following the change to certain tax laws in April of this year. In the UK, during 2015, almost 15% of all mortgages were obtained for buy-to-let properties but this is likely to…
Mark Burns
Shifts in Property and Tourism Trends in Phuket
Phuket is one of Thailand’s prime areas for both real estate and tourism, and these two sectors make up a hefty chunk of the region’s economy. However, recent times have seen big changes in both of Phuket’s key industries, and many current trends are very different from those observed in the region not so long…
Mark Burns
DON’T WALK AWAY!!
Having bought a property in Spain, you then find your financial circumstances have changed over the years. For whatever reason you can’t afford the community fees or mortgage. This unfortunately could be due to separation or divorce from your partner, loss of job etc. It may be as you got older you don’t feel you…
Keith Pintointernational
CUTTING HOLIDAY HOME RUNNING COSTS
The type of day-to-day running costs of a holiday home abroad are going to be similar whether it is a villa or apartment you own or are going to buy. Here are some things to consider which may help you save money: When buying a property think of the distance you will have to travel…
Keith Pintointernational
TAXES AND YOUR SPANISH PROPERTY
They always seem to be in the news!! Organising taxes through an Overseas Arrangement may not be cricket as we know it, but as long as it falls within current legislation, most people logically are going to seek legal ways to reduce their tax bill. Taxes on Overseas Property are different and they come into different categories….
Keith Pintointernational
BREXIT AND BUYING ABROAD.
Well that’s one problem out of the way in this country. Tax changes have happened by 1st April!! Yet, for all the furore and hysteria, however, Buy-to-Let will still go on. ( Not that we’re unhappy because we have seen a surge in interest in Spanish property, specifically for the equivalent of Buy-to-Let, so the reaction to the…
Keith Pintointernational
PERMANENT LIVING IN SPAIN.
Buying a property for permanent living in Spain is different from buying as a holiday home. Why would you be doing this? The two main reasons are for work and retirement. If you are going to Spain to work then the type of job you are going to take up will help you to decide…
Keith Pintointernational
Istanbul property is turning the heads of investors.
The price of property in Turkey is growing at an incredible rate and it falls just behind Hong Kong as the second fastest growing world economy. Purchases made by foreigners increased by 23.8% during October 2015 when compared to the same month in 2014. Recently, the Turkish government has announced that it will offer residency…
Mark Burns
ANDALUCÍA, CHOICE FOR 3.51 MILLION TOURISTS IN JANUARY 2015/RENTAL PRICES SURGE.
British holidaymakers on average account for more than one in five tourists visiting Spain. In January 2016, tourist figures shot up by 11 per cent. Blessed with mild winters and over 300 days of sunshine per year, the region of Andalucía benefits from an intricate infrastructure with excellent national and international transport links and a…
Alex Evans
Did somebody sneeze!!
Did somebody sneeze!! Whoops better hold off from buying a property in Spain. I might have caught a cold!! Yes seems stupid but this is how fragile property-buying in Spain can be when we have scare mongers all around. Now we have the “Will we , won’t we” on the EU question! In the 1980’s…
Keith Pintointernational