Category: Foreign Property News & Comment

Ryanair reintroduces London-Calabria flights

money aeroplane 150x150 Ryanair reintroduces London Calabria flightsOverseas property investors who have real estate in Southern Italy will be pleased to hear that low-cost airline Ryanair are about to reintroduce their London-Calabria flights.

From March 2011 Ryanair will be operating flights between London Stansted and Lamezia Terme in Calabria three times a week – on Mondays, Wednesdays and Fridays. From April, they will also be operating a Sunday flight.

The Lamezia Terme airport has already announced that they are improving the airport to include extra parking spaces and a new low cost airline terminal as well as a new exhibition space and airport hotel. With the reintroduction of Ryanair flights from London, there is expected to be a large increase in the number of tourists flying into the airport each year.

Singapore Property Market Cools

Although December showed a 30pc decrease in sales month on month, property investors are confident that the property market in Singapore is still strong.

2010 saw a record number of private residential sales at just over the 16,000 mark – up from the previous peack of 14,800 in 2007. However December saw just 583 sales compared to 1,332 in November.

Analysts are quick to point out that December is traditionally a slow month in the Singapore property market and 2010 was no exception. Many people are on holiday during December and parents are looking at their children’s PSLE results so less properties are advertised.

Buying a Ski Chalet: 5 Top Tips

french ski property 129x150 Buying a Ski Chalet: 5 Top TipsFrench property expert and ski enthusiast, Ed Scott shares his top 5 tips for property investors looking to buy a ski chalet.

With over a fifth of France covered in mountains, it’s no surprise that many of the world’s finest ski resorts are located in the French Alps. From the mega resorts of Chamonix, Val d’Isere and Meribel to the hidden gems of Avoriaz, La Rosiere and Sainte-Foy Tarentaise, skiing is big business generating over $10 billion each year.

Tags:

2011 Property Hotspot Predictions

2011 property market 150x150 2011 Property Hotspot PredictionsAs 2010 draws to a close, attentions are turning to the best locations to invest in property in 2011. So where are experts predicting will be the best property investment hotspots for the coming year?

The last year has been one of mixed fortunes with traditional second home destinations such as Spain, Italy and Greece still feeling the harsh effects of the economic downturn whilst other mostly non-Eurozone countries such as Brazil, Turkey and Egypt flourished.

New Istanbul Airport Plans Create Opportunities For Property Investors

Istanbul could be an excellent place to buy property in 2011 with plans for a third airport for Turkey’s capital approved.

The Silivri district on the European side of the city will house the site for the new airport which is expected to have a capacity several times that of the main airport Ataturk International. Ataturk International saw almost 30 million arrivals in 2009, and 2010 saw a 13% increase in this number in the first four months alone. On the other side of the city, Sabiha Gökçen airport is popular with budget airlines with over 11 milion passengers expected to pass through the airport this year.

Albania Property: One To Watch For 2011

Albania Property 150x119 Albania Property: One To Watch For 2011According to some property experts, Albania will be the property market to watch in 2011.

Known as the land of the eagle, 2011 will be the year for Albania. Located in South Eastern Europe, just 45 miles across the Strait of Otranto from Italy, Albania looks set to spread its wings and realise its potential as an exciting, new and lucrative second home market say the real estate and financial experts of the Lalzit Bay Resort & Spa.

New Build Property In Central Paris

Paris Property 141x150 New Build Property In Central ParisAccording to latest figures, Paris ranks the single most popular location in France accounting for over 15% of homes owed by Britons.

Statistics compiled by INSEE (National Institute for Statistics and Economic Studies in France) from the country’s most recent census show that 20,500 of the 135,000 Britons living in France have their permanent home in or close to the Capital.

Paris has also been voted the 2nd ‘favourite holiday destination’ for 2011 in the Frommer’s travel guidebook series global poll.