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Property news by Property Wire

Thu
Jul 24th
2008
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News related to rental market

New Zealand rental market confidence slowing
2008-07-21 18:08:21 [Australasia]

Confidence in the rental property market in New Zealand is at its lowest point for four years despite rents rising, according to a new report.

Read full article: [New Zealand rental market confidence slowing]
 
Romanian president protects rights of pre-communist property owners
2008-07-21 14:03:45 [Europe]

The President of Romania has flung out a new property law because it cancels the right of people to buy back their properties that were confiscated during the Communist era.

Read full article: [Romanian president protects rights of pre-communist property owners]
 
Inexperienced landlords have unreal expectations of rental income
2008-07-20 18:05:32 [Europe]

First time landlords who decide to let their old property while they wait for a buyer have unrealistic expectations of rental income, it is claimed.

Read full article: [Inexperienced landlords have unreal expectations of rental income]
 
Bulgarian property market and rental sector slowing down
2008-07-14 17:07:28 [Europe]

Demand for property in Bulgaria is slowing according to industry experts who believe the global credit crunch is at last reaching East Europe.

Read full article: [Bulgarian property market and rental sector slowing down]
 
Brits escaping wet UK boost holiday rental market
2008-07-12 18:07:48 [Europe]

The economic downturn is not putting off Brits from taking holidays this year and the current bad weather is helping by making people even more eager to escape abroad for the summer.

Read full article: [Brits escaping wet UK boost holiday rental market]
 
Rents reach an all time high in the US property market
2008-07-07 18:09:35 [North America]

Rental demand in the US has reached an all time high, fuelled by the growing number of foreclosures.

Read full article: [Rents reach an all time high in the US property market]
 
Singapore property market slowing down
2008-07-07 14:03:52 [Asia]

Singapore's housing market is sucumbing to the global slump with official figures showing a 0.4% increase, the slowest for four years.

Read full article: [Singapore property market slowing down]
 
New Zeland property plunge deepens but rentals provide glimmer of hope
2008-07-03 14:02:21 [Australasia]

Investors with property in New Zealand are expecting more doom and gloom when the next set of house prices figures are revealed next week.

Read full article: [New Zeland property plunge deepens but rentals provide glimmer of hope]
 
Buy-to-let in UK lucrative as rental demand soars
2008-06-30 09:40:01 [Europe]

The buy-to-let property market in the UK is soaring with demand up and rental yields increasing despite some claims they are too high.

Read full article: [Buy-to-let in UK lucrative as rental demand soars]
 
Buy-to-let student market offering good returns for property investors in UK and abroad
2008-06-29 18:02:56 [Europe]

Property investors entering the buy-to-let for students market need to do considerable research before deciding on the best locations.

Read full article: [Buy-to-let student market offering good returns for property investors in UK and abroad]
 
New locations with higher yields means spain is still worth looking at
2008-06-28 18:05:54 [Europe]

Developers in Spain may be going out of business and concerns growing about the lack of movement in the property market but there is still considerable hope according to agents.

Read full article: [New locations with higher yields means spain is still worth looking at]
 
Ski races and upmarket gated resort set to boost property potential in Bulgaria
2008-06-25 18:05:38 [Europe]

Property investors in Bulgaria, some of whom have been concerned about oversupply in the market and poor rental yields, have been given a boost by two positive pieces of news.

Read full article: [Ski races and upmarket gated resort set to boost property potential in Bulgaria]
 
Thriving rental property market opportunities in south africa
2008-06-20 14:02:01 [Africa]

High interest rates are pushing up the demand for rental properties in South Africa according to the head of a leading property group.

Read full article: [Thriving rental property market opportunities in south africa]
 
Location and quality important for rented property sector in UK
2008-06-17 18:02:11 [Europe]

Property investors, developers and landlords need to work with local and central government in the UK to make sure the growing demand for rental properties is met.

Read full article: [Location and quality important for rented property sector in UK]
 
Spain fights back to boost property investment
2008-06-16 14:02:08 [Europe]

The battered Spanish property market is fighting back as real estate agents and the government search for new ways of attracting investors and visitors who fuel the holiday let industry.

Read full article: [Spain fights back to boost property investment]
 
Yachting facilities boost Abu Dhabi's marine credentials
2008-06-15 10:41:07 [Middle East]

Yachting and marina facilities are set to boost Abu Dhabi's global marketing platform and attract even more visitors and investors, it is claimed.

Read full article: [Yachting facilities boost Abu Dhabi's marine credentials]
 
Downturn in prices and visitors a blow for New Zealand property investors
2008-06-07 18:05:26 [Australasia]

Property investors in New Zealand are facing a double whammy - prices and rental yields are falling.

Read full article: [Downturn in prices and visitors a blow for New Zealand property investors]
 
Rental bookings in Spain down as fines are introduced for the non-registered
2008-06-05 09:53:42 [Europe]

Property owners in Spain who rent accommodation to holidaymakers and visitors are struggling to find bookings this year and the clampdown on non-registered rentals is spreading.

Read full article: [Rental bookings in Spain down as fines are introduced for the non-registered]
 
Buy to rent in France bringing in almost £1,000 a week
2008-06-04 18:05:35 [Europe]

Rental properties are proving popular in France this summer bringing in an average of almost £1,000 a week for owners, it is revealed.

Read full article: [Buy to rent in France bringing in almost £1,000 a week]
 
Credit crunch bite in South Africa could be good for property investors
2008-06-03 10:12:31 [Africa]

Owners of rental property in South Africa are benefiting from a strong tourism sector and as prices start falling more interest is anticipated.

Read full article: [Credit crunch bite in South Africa could be good for property investors]
 
Real estate agents turning away business in hard hit US market
2008-06-01 15:05:19 [North America]

Real estate agents in the US are turning away sellers in some areas because there are simply too many properties on the market.

Read full article: [Real estate agents turning away business in hard hit US market]
 
Good value for money to be found in Czech regions, agents claim
2008-06-01 13:01:38 [Europe]

Regional cities in the Czech Republic are becoming popular with property investors and developers who want something different, according to agents.

Read full article: [Good value for money to be found in Czech regions, agents claim]
 
Spanish rental properties face tourism tax clampdown
2008-05-29 09:02:08 [Europe]

Property owners in Spain who let to tourists and aren't registered with their local tourism authority face fines of up to €30,000 under a new clampdown.

Read full article: [Spanish rental properties face tourism tax clampdown]
 
Currencies helping to shape tourism as holidaymakers opt for best value
2008-05-25 15:02:02 [Related Stories]

Holiday destinations outside the Euro zone are the most likely to benefit this year as UK travellers seek the best value for money deals and increase the demand for rental properties.

Read full article: [Currencies helping to shape tourism as holidaymakers opt for best value]
 
Rent rises will boost buy to let in the UK
2008-05-25 12:07:39 [Europe]

Soaring rents in the UK makes buy to let a good prospect for property investors as demand for rental housing rises faster than supply.

Read full article: [Rent rises will boost buy to let in the UK]
 
New property in France failing to live up to expectations
2008-05-23 18:05:35 [Europe]

Property investors in France who have bought new property are finding it difficult to achieve rental incomes promised by developers and estate agents in some areas.

Read full article: [New property in France failing to live up to expectations]
 
Growth in moneyed visitors to Dubai set to continue
2008-05-22 14:04:29 [Middle East]

Owners of rental property in Dubai are seeing a surge at the luxury end of the market as the desert state attracts more and more visitors from around the world with money to spend.

Read full article: [Growth in moneyed visitors to Dubai set to continue]
 
Demand outstrips supply in booming Abu Dhabi
2008-05-20 08:55:11 [Middle East]

The Abu Dhabi rental sector is booming with occupancy rental rates in villas close to 100% making it the fastest growing region for property investment in the United Arab Emirates, it has been revealed.

Read full article: [Demand outstrips supply in booming Abu Dhabi]
 
UK taxman probing rental generated income under new crackdown
2008-05-18 10:15:44 [Europe]

Increased mortgage payments do not necessarily 'protect' owners of second homes from paying UK tax on income generated by rent, it is claimed.

Read full article: [UK taxman probing rental generated income under new crackdown]
 
The international film set seek out properties in and around Cannes
2008-05-15 14:09:56 [Europe]

With the International Cannes Film Festival underway real estate agents in the south France are expecting a busy week as wealthy Americans connected with the film industry seek out properties.

Read full article: [The international film set seek out properties in and around Cannes]
 
Holiday rentals drop adds to property owners woes in Spain
2008-05-14 18:09:31 [Europe]

Owners of holiday properties in Spain are having to drop rents in response to falling occupancy rates which are down between 20% and 30% in many areas of the Costa Blanca.

Read full article: [Holiday rentals drop adds to property owners woes in Spain]
 
Record numbers head to Lanzarote to rent property
2008-05-11 15:02:49 [Europe]

Property investors with rental accommodation in Lanzarote will be cheered by new figures that show Brits are heading to the Spanish island in record numbers.

Read full article: [Record numbers head to Lanzarote to rent property]
 
First time buyers forced to rent by lack of mortgage products, research shows
2008-05-09 08:28:31 [Europe]

The number of people renting property in the UK has risen by 5% since last October mainly because first time buyers can't get mortgages.

Read full article: [First time buyers forced to rent by lack of mortgage products, research shows]
 
Semi-emerged property market in Canada ripe for growth
2008-05-05 14:09:28 [North America]

Canada is the only established market in the world where the property market is semi-emerged and thus ripe for growth, it is claimed.

Read full article: [Semi-emerged property market in Canada ripe for growth]
 
Scots opt to rent rather than buy in current credit climate
2008-05-04 09:04:51 [Europe]

Strong evidence is emerging that Scots are opting to rent rather than buy because of the concerns with the property market, according to latest research by Scotland's leading online letting portal Citylets.

Read full article: [Scots opt to rent rather than buy in current credit climate]
 
Landlords urged to be cautious as rental demand soars
2008-04-29 14:09:00 [Europe]

The Association of Residential Letting Agents (ARLA) is warning landlords not to get carried away by the steep rise in the demand for private rental accommodation resulting from the downturn in the housing market.

Read full article: [Landlords urged to be cautious as rental demand soars]
 
Buy to let still a viable investment in the UK
2008-04-27 18:06:43 [Europe]

Buy to let mortgages are a thing of the past in the UK market according to the latest rumblings from the banks, but investing in property and letting it out is still a secure move according to experts.

Read full article: [Buy to let still a viable investment in the UK]
 
Unprecedented growth makes Berlin hot for property investment
2008-04-17 14:09:23 [Europe]

Germany is not known as being a hot property investment but in the current downward spiral Berlin's housing market is doing well, according to the latest reports.

Read full article: [Unprecedented growth makes Berlin hot for property investment]
 
Asia Pacific shows best industrial sector rental growth
2008-04-17 09:02:56 [Asia]

Mumbai, India's financial capital has recorded the world's biggest rise in industrial rental, according to a new study.

Read full article: [Asia Pacific shows best industrial sector rental growth]
 
Travel industry predicts good year for global property owners
2008-04-11 14:08:31 [Related Stories]

Property investors who depend on rental returns from tourists for income will be buoyed by new estimates on the outlook of the holiday industry for 2008.

Read full article: [Travel industry predicts good year for global property owners]
 
Think before you buy advises property expert
2008-04-07 09:02:46 [Related Stories]

Property buyers from the UK now own homes in dozens of different countries, according to an industry expert. But they tend to rush in and not always think about the rental and income possibilities.

Read full article: [Think before you buy advises property expert]
 
US farmland: good investment or just a craze?
2008-04-01 18:08:54 [North America]

Investors who have never sat behind the wheel of a tractor are helping drive the price of U.S. farmland to record levels, attracted by its assumed safety following the meltdown in mortgage-related securities and excited by the potential of plant-based biofuels.

Read full article: [US farmland: good investment or just a craze?]
 
Egyptian bargains starting at the price of a family car
2008-04-01 09:01:17 [Africa]

Egypt's popularity among holidaymakers, especially those from the UK could boost its investment potential.

Read full article: [Egyptian bargains starting at the price of a family car]
 
Edinburgh bucks the UK property trend
2008-03-30 09:02:45 [Europe]

While headlines scream of a property market nosedive and some experts warn of negative equity and financial instability in the UK, one city has no such worries.

Read full article: [Edinburgh bucks the UK property trend]
 
Canada bucks North American property blues
2008-03-28 18:08:59 [North America]

It is not all doom and gloom in the North American property markets. Canada is attractive to property investors as it continues to experience strong growth, both in house prices and rental returns, it is claimed.

Read full article: [Canada bucks North American property blues]
 
New Orleans rents soar and homeless numbers climb
2008-03-25 17:03:03 [North America]

Property investors are heavily sought in an area where rental properties are in dire need.

Read full article: [New Orleans rents soar and homeless numbers climb]
 
Rent increase in Tokyo slowing down
2008-03-19 15:03:03 [Asia]

The rents in Tokyo have been among the most expensive in the world for a long time now. However, surging rental prices in the Tokyo office district appear to be slowing down and according to many tenants of those offices, this comes not a moment too soon.

Read full article: [Rent increase in Tokyo slowing down]
 
First time buyers hit hard in New Zealand with tax increase
2008-03-14 07:04:11 [Australasia]

The move to the top tax rate of 39c would help investment housing but also hurts those looking to get into housing, one report issues.

Read full article: [First time buyers hit hard in New Zealand with tax increase]
 
Caribbean investment increases and cruises remain popular
2008-03-13 17:03:17 [South America]

The Caribbean continues to draw a luxury crowd, but on top of this more everyday people are making their way here from around the world.

Read full article: [Caribbean investment increases and cruises remain popular]
 
Government introduce new rental regulations in Oman
2008-03-12 22:02:44 [Middle East]

Oman is one of many Gulf nations experiencing high levels of inflation. The two new laws are meant to cut inflation and will affect rental property owners.

Read full article: [Government introduce new rental regulations in Oman]
 



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Muriu Beach, Natal

Feature story

China – an open oyster for property investment despite heavy hand of government

With the opening of the Olympics in Beijing global eyes will be on China, a country transformed beyond any predictions made a decade ago.

Company news

Buying in Egypt – It's no pyramid scheme!

According to Steve Worboys, MD of property investment experts Experience International: "the loose definition of an 'emerging market' in property terms is a real estate market that has yet to be tried and tested, where there is an element of risk hopefully offset by positive fundamentals for the potential of growth in terms of demand for property and the underlying value of land and real estate."

Forum Watch

Emerging markets seen as the best option for overseas property investors

Emerging markets are attracting considerable attention during the current economic downturn as property investors seek out bargains. But getting the right information on which to base an investment decision is critical, as can be seen on the property forums this week.

Currency watch

Euro continues to slide against the Dollar

The US dollar made good gains last night on the back of speculation that the Fed could begin tightening rates to fight inflation.

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