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24 Current News Articles Found - Page 1 of 2
Over 2000 archived News releases and Industry articles.

Spain looks to Holiday Rentals for Revenue - Holprop News
22 May 2013

As tourist numbers have dropped and Holiday rental prices fall, Spain want’s to squeeze revenue from Spanish holiday lets. Legislation is being put in place to make holiday homeowners seek a license for tourism lets. We can see this has already been put into practice in the Balearic region. The Spanish general law, The Tenancy Act, regulates leasehold activities in this country. This covers ‘permanent housing needs’, which is tenants seeking a lease of a certain duration, to call your property ‘home’, but also regulates leases for purposes other than a permanent home. Like most things, it’s unclear, but leaseholds are said to have a minimu...

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Spain Plans To Offer Residency Papers With Every Home Over 160k!
19 November 2012

A new plan was disclosed today by the Spanish Trade Ministry Secretary, Jaime Garcia-Legaz. Aimed at helping the stagnated property market, the plan is to offer permanent Residency to foreigners who buy a house or apartment valued over 160,000 euros ($200,000). The plan is expected to be approved in the coming weeks, and would be primarily aimed at enticing Chinese and Russian buyers. It was not immediately clear if the residency would only refer to Spain, and not the European Union. Spain has more than 700,000 unsold houses following the downfall of its real estate market in 2008 and demand from the recession-hit domestic market is s...

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Spain Promotes Itself to Strong Markets, While Property Prices Expected to Fall
02 May 2012

A vigorous campaign to promote the Costa del Sol to overseas visitors is thought to have a positive effect on Spain's real estate market, according to Marc Pritchard, sales and marketing manager at Taylor Wimpey de Espana. He went on to explain that the region’s tourist board are targeting British holidaymakers in particular. However, research by Fastighetsbyran, a division of Swedbank, reveals Brits are not the only demographic who are heading to Spain, the number of Swedish and Norwegian inve...

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Signs Of Recovery In The U.S. Gives Hope To The Housing Market - Holprop News
06 March 2012

When America sneezes, the rest of the world catches a cold, as the saying goes, proved to be more than a cold in this last crisis. However, when the US starts to show signs of recovery, the rest of the world should follow. “We are cautiously optimistic that we see signs of recovery in the U.S., and some optimism should reach Europe in six to eighteen months”, said Tony Osust, CEO and founder of Holprop.com. “As an active investor, I am seeing Properties in some U.S. cities have...

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Portuguese Property Sales Down, Demand For Lettings On The Rise
22 February 2012

In this tough financial climate we continue to find ourselves, many are left with their assets floundering in the wind, so to speak! In a recent survey by The Royal Institution of Chartered Surveyors and Confidencial Imobiliário (Ci) of the Portuguese housing market, covering the sales and lettings sectors, shows a continued decline in property sales and a sharp rise in property lettings. Interestingly, until September, existing home prices had been falling faster than new home prices. Howeve...

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Bermuda House Sales Stagnate As Prices Fall, But Help May Be On The Horizon
22 February 2012

Property prices in Bermuda dropped dramatically in 2011,with many properties on the Island now taking as long as a year or longer to sell. Condos in the under $32,400 ARV (Annual Rental Value) were the hardest to sell, with double digit drops in both price and volume sold in 2011, however, the luxury home market saw increases in the number of sales and average price. That said, the under $153,000 ARV housing market suffered significantly in the economic downturn, representing less than half o...

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South Africa - The Jewel of Africa - Holprop.com News
16 June 2011

No other country has been more central to the changing tides of modern history than South Africa since apartheid ended back in the early 90s. It now feels incredible that such a thing existed not so long ago, although it is true to say that it has not just been plain sailing since the formation of South Africa's new republic, it is also fair to say that the country has shown a maturity and willingness to move forward, that has surpassed expectation. Much praise for this must of course go to Nels...

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Bulgaria – Still A Great Place To Invest
30 May 2011

One country more than any other, took it’s moment to step out of the shadow from the iron curtain during the last property boom and regain it’s own identity. Bulgaria offers rich character fused by thousands of years of both east and west influences, combined with a new found confidence in it’s own value as a beautiful country that can offer skiing, climbing, countryside and horse riding, alongside first class beach holidays, great food, wine and a rich seasonal climate, all he...

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Greece – Ancient Founder of the Modern World
12 May 2011

Greece is a country with an epic past and is credited as one as the forefathers of civilization. From creating western philosophy in the 6th century BC and epic early works of literature, such as Homer the Iliad and The Odyssey following on around the 8th century, it is the Greeks who are thanked for bringing a sense of ‘mind’ to Europe when many of its other countries were still predominately savage. Through the ages Greece has brought us the Olympic Games, wonderful theatr...

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Thailand - A Modern Day Shangri La
14 April 2011

Located at the center of South Asia, Thailand is often known as ‘the land of smiles’ and ‘the golden land’, the first due to the infectious warmth of the local people, their kindness and genuine nature and the latter due to its fertile land and the illuminating luster that it gives off. The only Southeast Asian nation never to be colonized, Thailand is a constitutional monarchy and is steeped in ancient history and architecture. There is no denying that mostly anyone and everyone that visits ...

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Croatian Property Prices Likely to Fall Further in the Near Term - HolProp.com
02 March 2011

Croatia sits pretty on the Adriatic, its landscape an eclectic blend of dense forests, vineyards, olive groves, a long coastline and numerous small islands. Stunning natural beauty, quiet coastal towns, an interesting mix of contemporary facades and medieval edifices and a more natural lifestyle all combine to give Croatia a distinctive allure. Parts of the country still exude a pristine charm, unspoiled as they are by the excesses of tourism and commerce. Having put the Balkan conflic...

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Maltese Property Prices Expected to Increase Moderately in 2011 - holprop.com
23 February 2011

Strategically located in the heart of the Mediterranean, Malta basks in the sun for most of the year. Blessed with long, dry summers and short, mild winters, this tiny island roughly 60 miles south of Sicily is a year round destination for people from Europe and elsewhere. Besides great weather, Malta has history – in variety and abundance, romance, a whiff of the orient, beautiful old houses of golden limestone, warm and welcoming people who speak English, safety as well as good standards...

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House Prices Fall Further as Greek Economy Struggles - holprop.com
16 February 2011

A holiday home on the Greek mainland or islands has long been on many a wish list. The clear blue waters of the Aegean and the Mediterranean, a temperate climate, natural beauty, historical associations, clean beaches and a laid back lifestyle have made Greece a favorite with those looking for relaxation, fun and something different. And there’s an interesting variety of homes on offer. While celebrities and millionaires buy villas and mansions on the islands or on the coast near Athens, ot...

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Outlook for Spanish Real Estate Still Bleak - holprop.com
09 February 2011

A sunny lifestyle, spectacular views of the Mediterranean and the hills, warm, friendly people and a vibrant social scene have made Spain one of the most popular destinations for international tourists, retirees as well as younger permanent residents. With an increasing influx of foreigners seeking sun, fun and warmth, the demand for homes accelerated and a slew of budget townhouses and apartments came up on the Costa Blanca, Costa de Almería and Costa del Sol. For the wealthy there are places s...

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Florida Home Price Slide Expected to Ease Somewhat in 2011
03 February 2011

Florida is a wonderful place to live. The state has abundant sunshine, great recreation and entertainment as well as superior infrastructure. The Florida lifestyle with its unique mix of superb golf courses, beaches, theme parks, theatres, smart shops and fine restaurants draws people from all over the US and abroad. Florida is also home to Disney World and Universal Studios, both of which make it a popular tourist destination. As the demand for homes in Florida grew, housing construction int...

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