Spot Blue Property News - Page 40

The Aegean part of Turkey covers the western coastline and includes some inland areas. With an entirely different geographical landscape to its Mediterranean counterpart, it also differs in regional cuisine, traditions, weather climate and of course, the variety of places to visit. Attractions of Aegean Turkey are plentiful and not…

Sustained exchange rate movement during the past year has made Turkey’s property market especially attractive to buyers with funds in Euros and Dollars, said Spot Blue International Property in March 2017, adding that vendors from the UK could offer some of the best deals right now. British-owned holiday homes being…

The Turkish Government has abolished VAT on property purchases for foreign buyers, as the country attempts to attract more international investors. The new law means that foreigners are exempt of VAT on the purchase of either a house or office in Turkey, with the condition that they make their acquisition…

International interest in the London property is expected to be driven by the weak pound during 2017, countering any negative sentiment about Brexit, according to leading estate agents in the UK capital. London is regarded as stable and resilient, and estate agents are finding that cash-rich buyers from Europe, the…

Turkey’s real estate market is poised for a turnaround in international sales this year, thanks to a new citizenship law for foreign investors, said Spot Blue International Property in January, adding that the weakness of the Turkish lira will add to the appeal of investing in Turkish property. Foreigners who…

Offering citizenship to non-Turks who buy homes in Turkey should double the value of the country’s foreign real estate market, according to property companies who attended a recent exhibition in Azerbaijan. Around 23,000 properties valued at circa $5billion were sold to foreigners in Turkey during 2015, however property firms who…

As further proof that Spain’s Costa del Sol is a world-class golf destination and an ideal place to own a home by the fairway, the prestigious Andalucian Open is returning there this September. The event, held between 22nd and 25th September, is set to be broadcast to more than 100…

Searching for prime property investments around the world got easier this month with the launch of Spot Blue, a website that showcases new-build and luxury homes for sale in international hot spots, including Europe, the USA and Caribbean. Spot Blue, launched by Spot Blue International Property, brings together a portfolio…

July’s failed coup appears to have done little to dampen long-term foreign interest in Turkey, after representatives from the Turkish Chambers of Commerce in the UK (TBCCI) expressed their on-going confidence in Turkey, while interest from Gulf nations continues to drive the Turkish property market. Chairman of TBCCI, Emma Edhem,…

British property-buyers undeterred by the UK’s vote for Brexit will continue to benefit from cheap euro mortgages in Spain for the foreseeable future, said Propertyandspain.co.uk in July, adding that buyers could also see prices along the Costas become more negotiable. Messages from Spain’s leading banks indicate that lending criteria for…

Investors will welcome the news that sales of new homes are rocketing across the US, reaching a level not seen since January 2008, before the economic crash. The country’s Commerce Department reported recently that new home sales jumped a healthy 16.6 per cent in April 2016, hitting a seasonally adjusted…

Average property prices in Marbella, arguably the Costa del Sol’s and even Spain’s most famous tourist resort, remain 10-20 per cent below peak levels and should see solid future gains for anyone investing in 2016, according to one of the area’s most established estate agencies. From land plots to properties,…