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A bungalow, a coach house - and planning for another house

BLACKROCK, CO DUBLIN €750,000: SELLING BY auction these days is rare because buyers tend to want to take their time and finance can be a difficult and lengthy process to organise, but a public auction is at least a clear way of establishing the market price of a property.

The introduction of a property tax next year is going to be 'political dynamite', Fianna Fail finance spokesman Michael McGrath has warned

The introduction of a property tax next year is going to be "political dynamite", Fianna Fáil finance spokesman Michael McGrath has warned.

Spain’s Fire Sale Property Bargains

International Living 10.04.2012
Home to three UNESCO world heritage sites (the Alhambra, Generalife and Albayzin), Granada is steeped in history and attracts visitors from across the world.

As I wrote about recently on this website, I’m closely following the opportunity to buy homes in Ireland through fire sales and distress auctions. Ireland isn’t the only distressed market I’m investigating.

The Russian Foreign Ministry has warned Russian citizens about the dangers of buying land in the Turkish occupied areas of Cyprus.

The Russian Foreign Ministry has warned Russian citizens about the dangers of buying land in the Turkish occupied areas of Cyprus. In a statement at the Interfax News Agency, Deputy Director of Press and Information Department Zacharova Maria, stated that the administration in the Turkish occupied areas of Cyprus, is an illegal state and property purchases should be avoided.

Bulgaria's real estate market stabilising - realtors

Bulgaria's real estate market was still far from the peaks reached at the height of the property boom in 2007, but appears to have bottomed out, data released on April 9 by two local realtors showed.

Innovative bank sales schemes keep Spanish real estate on the ropes

MADRID: When Jose Morales traveled up from Granada in southern Spain in February to look at a new apartment in the Madrid satellite town of Sesena, he was greeted by long queues of mostly young people outside the sales office.

Portuguese residential property market still weak, new survey shows

The residential property market continued to be weak in Portugal in February in terms of both sales and prices with all sectors experiencing falling demand.

Foreign buyers see Paris as a safe property haven

British, Italian and German buyers were the most active in the luxury Paris property market in 2011, according to research from Knight Frank, but interest increased from buyers in Russian, the Middle East and Asia.

Property fall 'more than reported'

CIARA O'BRIEN The Irish Times 17.03.2012
Property tax to bite families next year as levy fast-tracked

HOMEOWNERS will feel the brunt of a full property tax next year as the Government fast-tracks the drive for a permanent levy.

Property prices have fallen by 48 per cent from the peak according to official figures, but a small sample based on auctions show this decline could be greater.

Property prices have fallen by 68 per cent since their peak, significantly more than official figures suggest, a new report said today.

More foreigners buying property

Bertrand Borg The Times of Malta 14.03.2012

Spanish property sales up in January

Property Showrooms 14.03.2012
Foreigners are investing in new development projects. Photo: Darrin Zammit Lupi

The number and value of properties purchased by foreigners increased significantly last year, reversing a three-year slump in the sector, according to figures obtained by The Times.

Spanish property sales up in January

The number of sales completed for Spanish real estate climbed in January compared to December, although the volume of transactions is still down year-on-year.

Big Property Bargains in Bulgaria's Bansko, Prices in Freefall

Property prices in Bulgaria's biggest ski resort of Bansko are in freefall and with the exit of British and Irish buyers, Russian investors now dominate the market, putting to good use their bargaining skills, a survey shows.

Greece & Bulgaria offer superb property bargains

Greece’s economic problems may be well documented, but the country’s woes offer opportunities for overseas investors looking to buy property in the Southern European nation. Similarly, prices in Bulgaria have also slumped since the pre-credit crunch levels, offering bargains to overseas property investors.

Germany draws BNP Paribas real estate fund

Madison Marriage Investment Europe 29.02.2012
Two of the three judges caught in the row, Panayot Genkov (left) and Andrei Ikonomov (right), en route to being heard by the Supreme Judicial Council ethics committee in this file photo from May 31 2010.

Bulgaria's Supreme Administrative Court (SAC) ruled to overturn disciplinary punishments meted to three top magistrates, who had exploited regulations aimed at helping financially-disadvantaged people, to acquire lucrative plots of land in one of the country's Black Sea resorts.

Germany draws BNP Paribas real estate fund

The Next Estate Income Fund, supported by BNP Paribas Real Estate, has made a €45m investment in Germany with the purchase of a 16,000 sqm office building in Hamburg.

The Shard tower, center, is seen under construction near office buildings in London.

European landlords have 582.7 billion euros ($779 billion) of commercial property debt maturing by the end of 2013 at the same time regulators are urging banks to shrink their balance sheets.

France 'remains a safe haven for property investors'

France's appeal to real estate investors has been strengthened by the news the country is likely to experience positive economic growth in 2012.

There may be as many as 300,000 'illegal' homes across the Andalucia region in Spain Photo: Design Pics Inc/Rex Features

The property in Albox, Andalucía, is part of a group of homes served with demolition orders in 2012. The couple, who do not wish to be identified at this stage, built the property in 2002 and say that they believed that they had planning permission from the local council and all the necessary paperwork.


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