Enquiries into French property are up by 60% in the first quarter of 2016 compared with the previous year, the latest data shows, with steady growth predicted for the rest of the year.
Figures from the FNAIM, the national association of French estate agents, show that a record breaking 800,000 older properties were sold in 2015.
The annual analysis of the French property market from Home Hunts suggests that there was a large resurgence of British buyers last year. It says that it was a good a year for negotiations due to a combination of flexible property prices, low interest rates and favourable currency pairings
Demand for property on the Spanish Costas has increased from expats who are benefitting from good mortgage rates and there is a rise in construction activity with a number of new developments being started, according to a new report.
It also explains that there are a number of other factors likely to affect the real estate market in the coming months including currency rates, the Spanish election and in Andalucía new rules regarding holiday lets.
Expat demand is coming from the UK, Scandinavia, and Germany with other northern Europeans also active in the market, says the report from the Survey Spain network of chartered surveyors covering the first quarter of 2016.
However, there is likely to be an increased nervousness in the market as the British referendum approaches on 23 June because of fears that the poll will support the UK leaving the European Union.
Cork and Wicklow are the most popular rural locations for country home buyers in the €1 million plus price bracket in Ireland, new research shows.
According to the analysis from property consultants Savills Ireland, this suggests that many of those seeking the benefits of country living are also looking to remain within arm’s reach of major cities, be it for shopping and entertainment purposes, prestigious schools or access to good road links and international airports.
Indeed, Savills sales data support this view, with a disproportionate number of transactions located in Dublin and neighbouring counties, and along national arterial routes.
Up to 100,000 UK investors who lost money when the Spanish property market collapsed could be in line for payouts, a law firm has estimated.
It follows a Supreme Court ruling in Spain last year, telling banks to pay investors back for the deposits they put down on homes sold off-plan.
A law firm representing UK buyers has said that could amount to as much as £20,000 per investor.
The Netherlands is the best location for buy to let properties in the European Union with the highest rental yields of 6.57% as of April 2016, new research shows.
Belgium and Portugal are also attractive locations for buy to let investments, taking second and third respectively in the EU buy to let league table compiled from research by international currency firm World First.
Average yields were 6.47% in Belgium and 6.29% in Portugal while Sweden was at the bottom of the list with the worst yield at 2.88% with the UK with 4.28% placed 21 out of 29 countries.
The Dominican Republic’s real estate market has not yet fully recovered from the 2008 global financial crisis, agents said. But Cesar Herrera Gutiérrez, the president and chief executive of Provaltur International, the exclusive affiliate for Christie’s International Real Estate in the Dominican Republic, which has this listing, said prices for top luxury homes are stable, and in some cases have begun to rise. He defined these homes as being in the top 1 percent of their local markets and typically having an asking price of at least $5 million.
Property price growth in the Irish capital accelerated in April to its fastest rate in eight months, but property prices in the rest of Ireland fell, data showed on Wednesday.
Sellers in Spain are becoming more realistic about prices and have reduced asking values which is seen by experts as a good move in terms of keep in the real estate recovery going.
New Zealand's government said on Thursday it planned to require local authorities to free up land for housing in an attempt to curb soaring property prices, which have the central bank worried.
National property growth in the United States increased by a moderate 0.6% quarter on quarter but values are barely rising with variations according to location.
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