Overseas Property Investment

The most recent greece property investment news from a variety of international property news sources.

A tax hike on luxury property, is deterring wealthy buyers and pushing Greek real estate prices downward. Economic uncertainties are driving Greek investors to France and London, while once-favored Mykonos and other island locations are being deeply discounted. See the following article from Property…

The Italian government appears ready to join France and Greece in a massive property sell-off to ease its sovereign debt. Area councils will probably have priority for purchase, but investors will also get a rare chance at owning treasured historic structures, pristine islands and valuable beachfront…

Despite the severe debt crisis in Greece, demand still remains high for Greek real estate on the Mediterranean Coast. To raise money the government is offering islands for sale or long-term lease that have never before been available for public ownership. See the following article from Global Property…

Despite the severe debt crisis in Greece, demand still remains high for Greek real estate on the Mediterranean Coast. To raise money the government is offering islands for sale or long-term lease that have never before been available for public ownership. See the following article from Global Property…

Bargain hunters are finding a silver lining to the nation’s debt crisis, with first quarter prices for Greek property down almost 8 percent from a year ago. Measures under consideration to combat the current recession include proposed changes to property tax assessment methods at a cost to buyers and…

SINGAPORE: Singapore’s second integrated resort, the Marina Bay Sands (MBS) formally opened Wednesday, with its owner Sheldon G. Adelson, Chairman of Las Vegas Sands Corp saying it would become the benchmark for future tourism development elsewhere. “The MBS is not a casino-centric development project as in the old days,” Adelson said. He explained that his [...]

The heavily indebted Spanish economy is in almost as bad shape as that of Greece. But the Spanish economy accounts for 12% of European Union gross domestic product, 4 times the size of the Greek economy. Some say this makes it too big to fail. Undoubtedly its failure could mean the death of the EU [...]

SYDNEY: Australian house prices surged 20% in the year to March, the fastest pace on record and a powerful argument for the central bank to raise interest rates this week. Other data released yesterday showed Australian manufacturing activity running at its fastest pace in eight years, while a private gauge of inflation pointed to percolating [...]

Knight Frank, in conjunction with Citibank has just released its 2010 Wealth Report. The 25 page PDF document confirms what we have already pieced together from multiple reports as 2009 progressed from the first quart throughout the second half: Prime property — which suffered last at the hands of the financial crisis, but suffered just [...]

Buyers and sellers of European property are reportedly holding off from making any transactions because of the continued uncertainty over the direction of the sterling/euro exchange rate. There is almost an equal amount of evidence to support both currencies seeing increased strength in the near future. So it is understandable the both sides are waiting. [...]