Italy Property Gains Popularity in "Noticeable Trend"

Italian properties have climbed two places to sixth most popular in property portal Property Abroad's top ten in the past two weeks. Liam Bailey, chief market analyst for the upcoming portal gave his views on the reasons for Italy property's rising popularity:

"The main reason for the rising popularity of Italian property is that it is a secure and stable established market, that hasn't seen massive growth for a good few years, but also hasn't seen any major drops since the credit crunch began. In uncertain times it seems property investors and holiday home buyers are ever-more keen to play it safe."

"This is a noticeable trend, he added "just as 2 years ago when investor and consumer confidence was high and finance was easy to obtain, the established markets like Italy and France began to lose popularity against emerging markets like Ukraine and Bulgaria -- because the latter offered a much higher potential gain. Now as consumer confidence drops, established markets like Cyprus, Italy and France are regaining their positions as most popular for overseas property purchasers."

Property Abroad have some excellent property in Italy, including a fantastic 2-storey Abruzzo property in need of complete restoration for just £7,432. This property offers the keen private or professional developer massive potential profit if they are willing to spend the necessary time. Property Abroad have many other bargain Italian properties in need of restoration.

Property Abroad also have a property in Campania for just under £30k. Factored into the price of the 1 bedroom villa is some minor interior and exterior restoration work where needed, electricity, plumbing, and telephone wiring, plus basic furnishing to permit immediate use of the property (including bed, table, chairs, kitchen and bathroom).

For those with a bigger budget, possibly looking for a luxury holiday home, Property Abroad's Les Calvert reccommended The Pizzo Beach Club, a development of studios, apartments, penthouses and villas starting from just £57,500. The development is located in Pizzo, in the Vibo Valentia region of Calabria. Les said:

"The location of these properties makes them ideal as either investments or holiday homes; the former because of the range of amenities on and around the resort including an excellent beach nearby, and the later because Calabria has been noted as a hot emerging market for a good few months now."

Property Abroad have over 900 Italian properties , visit the site to find out more.

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A Property in Cyprus - website relaunch

Cyprus property portal 'A Property in Cyprus' have announced the relaunch of their new property website for Wednesday 3rd December.

The Cyprus portal features properties advertised from local estate agents, property developers and private sellers from across the island. The newly designed website includes property for sale in Cyprus and a full rental search of thousands of properties for rent in Cyprus.

Cyprus has become even more popular over the past decade or so with the overseas property buyer especially in the more sought after beachside resorts like Paphos, Limassol, Larnaca and the Famagusta area. Properties in these areas have increased in value and return a good yield for rental purposes due to their unique positioning.

The website has access to thosands of properties for sale including apartments, villas, studios and off plan properties in Cyprus.

A new feature of the site is the ability to book your own villa holiday online as well as search for and book a normal package holidays in Cyprus online.

Lastly the site has a great new feature in that you can now browse for suitable properties and add them to your shortlist then when you're ready you need only complete one form to send off upto 10 property enquiries to different agents, developers or private sellers - a welcome change and a useful time saver.

Check out the new site and see what you think.

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American Properties Offering Fantastic Opportunities

Lawrence Yun, chief economist of the National Association of Realtors, told a press conference that the number of international buyers operating in the sector "may be doubling over the next ten years". Yun also noted that 21 percent of US realtors believe there are more overseas buyers operating in the sector than there were five years ago, with a survey by the association revealing almost half of properties bought have been in the southern states.

Liam Bailey, chief market analyst for overseas property portal Property Abroad gave his views on the findings:

“This was always going to happen, it began about 5-6 months ago when the dollar began dropping severely against the pound and the US was one of the biggest climbers of A Place in the Sun’s overseas buyers survey for 2008. At that time I was regularly quoted as saying that the upsurge in US popularity was so great, and had such momentum that it, in itself was capable of generating a US property market recovery in the most popular areas.”

One such popular area, as identified by the US National Association of Realtors is the southern states, including Florida.

Property Abroad have some excellent properties in Florida , including, for those on a limited budget: an amazing two storey, two bedroom, town-house for just £65,000. The property has a private courtyard, massive living room and dining area with breakfast bar and the upstairs master bedroom has a superb en-suite bathroom. It also has Powder rooms with laundry facility on the main floor, a new roof (still under warranty), new air/heat combination (also under warranty) and a new digital thermostat.

As part of a community the buyers will enjoy use of the community swimming pool and tennis-courts, the fees for which are just $80 per month – this also includes maintenance of the gorgeous grounds and sprinkler system. The property is fantastic value because it is just 60 miles from Disney World.

Property Abroad has hundreds of American properties , throughout all the most popular states; visit the site to find out more.

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French Property Market to Remain Stable

It has been revealed that the overseas property hotspots in Southern France are seeing demand from overseas property buyers continue to outstrip supply. The French National Estate Agents Federation (FNEAF) reports that French property prices overall rose by 7.1% in 2006, 3.8% in 2007 and 1.7% in the 12 months up to July 2008 – making it one of the few places in the world that has seen continual price rises throughout the credit-crunch.

Liam Bailey, chief market analyst for upcoming property portal Property Abroad had this to say of the revelation:

“ France has seen such continued – if steady – increases in property values, mainly because it never really became swept up in the overseas investment boom. In the last 2-3 years thousands of savvy people with a pound to spare decided to put their money into overseas property, but did so, mainly in off-plan properties in emerging markets where prices were incredibly low, and the opportunity presented itself for immediate high-level gains and incredible rental yields. France never exactly offered an abundance of these properties, and so has and will remain to be one of the favorite places for people [especially Brits] buying a resale property as a holiday home.”

The locations noted as being continually successful in terms of overseas purchasers by the FNEAF were, particularly Cannes joined by its Southern France neighbors: Cap Ferrat, Mougins and St Tropez.

Property Abroad have some excellent properties in Southern France, including fantastic one and two bedroom apartments in central Cannes, just a short walk from the areas best known Palm Beach. The apartments, over five floors start at just €282,000 and have terraces overlooking the beach.

Property Abroad have French properties in all regions, visit the site to find out more.

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Emigrating Brits - Great News for Australian Resale Market

New research by Alliance & Leicester International (ALI) has revealed that the main reason for people to emigrate from Britain is the weather, and that their top destination is Australia. This research compliments a survey carried out a few months ago, regarding a mass exodus of Britons this year, although that survey also mentioned Canada as a top destination, and was far more detailed regarding the reasons for their emigration.

Liam Bailey, chief market analyst for overseas property portal Property Abroad gave his views on the findings:

"This does not surprise me in the slightest, Australia has long been the top destination for people to emigrate from Britain, but it has been challenged in recent years by a few other places such as New Zealand and Canada. This however is great news for the resale market because people who emigrate buy existing properties from the resale market as oppose to off-plan developments"
For anyone thinking of emigrating to Australia, Property Abroad have some fantastic properties in Australia.

The lowest priced property in Australia currently being advertised by Property Abroad, is two bedroom apartments from £170,000 in the Zone off-plan development on Mermaid’s Beach, Queensland. The resort style development has a swimming pool, full-size tennis court, and is completely secure, including a two-way intercom system to prevent unauthorised access to the building.

The Gold Coast of Australia, receives over 4 million tourists per year, the majority of which visit Queensland during their stay. Luxury properties on a five star resort development such as the Zone, are therefore capable of fetching a 4-6% rental yield, and appreciating by at least 10% per year for the next few years. Immediate value growth once the resort is completed will be at least 15%.

About Property Abroad
Property Abroad is rapidly growing into one of the best known, trusted and most successful overseas property portals in the U.K. With a slick dynamic site and very reasonable rates Property Abroad currently has among the most extensive worldwide property listings on the net.

To find out more contact the team at: les@property-abroad.com

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Credit Crunch Could Boost German Property Market

According to a survey by travel portal kayak.co.uk 60 percent of Britons have no intention of cancelling their winter holiday plans because of the economic downturn. Meanwhile, Grahame McKenzie of tourism website Travel Mole, has predicted that the global downturn will cause Britons to holiday in locations within Europe, such as Spain and Italy, naming France, Italy and Germany, he added:
"Potentially there may be an upsurge in ferry bookings, so people will be able to shove all their stuff in a car and just jump in with their kids and everything."

Liam Bailey, chief market analyst for overseas property portal Property Abroad gave us his views on the reports:

"Firstly, it is possible that the findings from the Travel Mole survey go against Grahame McKenzie's predictions -- for this winter anyway -- of course depending on whether or not some of the 60 percent have made their winter holiday plans to go further afield than Europe, which I believe is a fairly safe bet. McKenzie's statements give no indication of whether he meant this winter only or winters for however long the 'credit crunch' lasts." While it is highly likely that some people will decide to holiday in Europe, most Britons already do holiday in Europe, so I can't see there being a 'massive upsurge', but even a slight upsurge could generate a boost in European property markets."

"McKenzie being right would make the biggest difference to Germany, because German property traditionally has very low rental yields, because of government restrictions, and because of the fact that very few Germans own their own homes meaning that most rentals are residential. This would -- possibly very quickly -- give Germans the ability to raise their rental rates on short-term leases only, because the government would see the positive effect this could have on the economy combined with the increase in tourism."

Property Abroad has over 300 properties in Germany , with prices starting at just over £29k on a tenanted 1 bedroom Berlin apartment . Untenanted German apartments are always priced slightly higher; for example a 1 bedroom untenanted apartment in Berlin -- though in a different area -- is priced at £46,405.

About Property Abroad
Property Abroad is rapidly growing into one of the best known, trusted and most successful overseas property portals in the U.K. With a slick dynamic site and very reasonable rates Property Abroad currently has among the most extensive worldwide property listings on the net.

To find out more contact the team at: les@property-abroad.com

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Flights Boost Canary Island Property Market

Budget airline Teleticket has announced its plan to run new flights to the Canary Islands; filling the gap left by the collapse of travel agent and airline company XL several months ago. The flights, which begin in 2009, will run from Bristol airport to Tenerife, Lanzarote and Las Palmas.
Liam Bailey, overseas property portal Property Abroad 's chief market analyst had this to say about the plans:

"Just at the time when the bulk of people start spending on holidays and property again, even people who know nothing about overseas property markets can easily see that more flights will never have a negative effect on a property market. "

"But to say that it will massively increase tourism to Tenerife and Lanzarote is a bit much-of-a-muchness; tourism to Tenerife, Lanzarote, and all the Canary Islands is absolutely huge as it is -- because of the year-round warm climate and well established tourism industries. The new flights to the Canary Islands will boost tourism though, especially from Wales, and Southern Ireland to the Canaries, the former because flights are limited and the latter because flights are more expensive than from UK airports."

Property Abroad has some excellent properties in the Canary Islands, those on a limited budget can buy a studio apartment in Los Christianos Tenerife for just £62,500. The complex is built on two levels around a well presented pool and recreation area -- 1 and 2 bedroom apartments are also available.

Those fired up about Lanzarote and with money to burn on luxury, will probably want to arrange a viewing of the recently refurbished two storey finca , which sits on 1802 square metres of land, completely enclosed by walls and is also being advertised by Property Abroad at just £220,000. The land allows for a big garden, including stables at the bottom which are further enclosed by fences. The property is set in a gorgeous rural area of Lanzarote, yet only 10 minutes from local amenities, twenty minutes from the airport, and with 4 bedrooms, 2 bathrooms, a reception room, big dining room, winery, and 2 patios, the property is absolutely perfect for holiday rentals.

About Property Abroad
Property Abroad is rapidly growing into one of the best known, trusted and most successful overseas property portals in the U.K. With a slick dynamic site and very reasonable rates Property Abroad currently has among the most extensive worldwide property listings on the net.

To find out more contact the team at: les@property-abroad.com

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Canada One of Finest Property Investment Destinations

Since Canada was named as the host country for the 2010 Winter Olympics and Paralympics there has been a massive upsurge of tourists going on ski vacations to Canada. One particularly popular destination is Quebec, with many various fantastic slopes to choose from. Liam Bailey; chief market analyst for overseas property portal Property Abroad gave his comments on “one of his favourite” investment markets in the world.

“As people who have read my comments on Quebec in The Times and other publications before will know it is one of my favourite locations in the world in terms of investing in property. It is, quite simply, and as far as I’m concerned undoubtedly one of the few markets in the world where you can bank on an all year round rental income; my opinion on the reason for this is that it just has so much going for it, many things are of course shared by other locations in Canada. “

“The sheer variety of wildlife alone attracts people in their droves, which of course changes drastically throughout all the seasons, therefore giving Quebec all year round wildlife visitors. Then you have the fresh spring, and lovely warm but still fresh summers to enjoy the fishing, wildlife and/or just exploring the beautiful countryside. Autumn is amazing anywhere, but the crispness of being so far into the northern hemisphere makes the Canadian autumn just that little bit more special. Montreal – the Monte-Carlo of Northern America -- is a massive plus for Quebec. Then to move onto the skiing you have the absolutely breathtaking Mt Tremblant, which is unarguably one of the finest skiing locations in the world. “

Property Abroad has some excellent property in Canada , including a 2 bed Canadian style chalet , on the Rouge River resort in the Laurentian Mountains. 100-miles of the fantastic trout-filled Rouge River runs through the resort, with a 100-mile bicycle track running along the banks. All owners are given full-rights to fish on the river. The woods weaving up the Laurentian Mountain range away from the river are excellent for exploring in the summer, and have cross-country ski-trails in winter. This perfectly complements the world-class alpine skiing of Mt Tremblant, which is just 45mins to an hour away from the resort -- Montreal can be reached in 90mins.

Rouge River resort’s proximity to both these tourist attracting locations gives this unit another added benefit: the fact that it is being sold privately for a quick-sale at just £22,500, means that you can charge far less than Mt Tremblant or Montreal’s rental rates, and still easily make 10-12% rental yields. Capital appreciation will be at least 30% immediately when the resort is complete (when all chalets are built), and average 10% per year in the foreseeable future.

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Turkey Tops Tourism Charts Boosting Turkey Property

Turkey is one of the best places in the world to invest in a property. Turkey is very close to hitting its tourism target of 25million visitors in this year, with the Antalya resort alone having some 8 million visitors so far this year; just above Istanbul which has received six million visitors. This means rental yields of no less than 10%, possibly as much as 12 or even 15%, are being received by owners of well placed Turkish property.

Les Calvert, director of overseas property portal Property Abroad said this about Turkey:

“Turkey, is understandably one of our most popular countries, both with holiday home buyers and investors. These figures are even expected to be improved upon next year, with several new airports being proposed for Turkey; this will improve the accessibility and increase tourism numbers. “

Property Abroad has some excellent properties in Turkey, for those on a limited budget, properties start from as little as £16,000, including off-plan apartments in Altinkum in the Anatolia Complex . These apartments are available at such a bargain price because they are being sold direct from the developer, and because off-plan developments are always cheaper than their completed equivalents to factor in what is seen as the slight risk of buying off-plan; the slight risk that makes “immediate profits of 20% possible on apartments like this”, according to Property Abroad’s chief market analyst Liam Bailey.

For those with a little more money to spend on a luxury property in Turkey will be very interested in the 5 bedroom villa in Antalya also being advertised on Property Abroad. The villa includes: Bathroom, Study, Lounge, Dining Room, Utility Room, Parking Space, Driveway, Gardens, Double Glazing, Electricity Installed, Water Installed, Telephone Points, Swimming Pool.

Property Abroad have well over 2000 properties for sale in some of the most popular regions of Turkey, to find out more visit www.property-abroad.com

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Polaris World the Survivor

Polaris World the Spanish golf resort developer based in Murcia is riding along with the credit crunch situation and although things have appeared to be somewhat quieter on the sales front the company is enjoying renewed interest in its overseas sales.

Properties in the Polaris World golf resort communities in Murcia have seen a rise in sales over the past couple weeks according to Les Calvert Director of the Property Abroad Group and owner of the Polaris World UK website.

Les commented ” we have seen a rise in enquiries and sales on the Polaris World resorts in Murcia since people have returned from their anual summer holidays. The area of Murcia is easy and cheap to get to and people want to be able to take advantage of that when getting away from it all”.

The Polaris World company have over 12 resorts dotted around the Murcia landscape all with impressive Jack Nicklaus golf courses and fantastic golf villas and apartments.
Prices range from £57,240 for a Golf Suite apartment on the Condado de Alhama resort right upto €6,000,000 for a fabulous villa on the La Zagaleta Country Club and everything in between.

Access to the Polaris World Golf Resorts is quick and easy as there are a number of low cost airlines including the likes of Easyjet, Ryanair and many others therefore ensuring the route will remain competitive and with a flight time of just over 2 hours its easy to see why so many people are choosing Polaris World for their Spanish home in the sun.

Due the companies success over the past few years and massive advertising strategy the company is well recognised in the overseas property arena and is poised to continue in it’s growth over the coming years and certainly through the current financial situation.
For more details on golf resorts and golf properties in Murcia visit their site. http://www.polarisworlduk.com/sitemap.php

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Property Abroad Reveals Top-Ten Locations

Up and coming overseas property portal has revealed that America has become the second most popular both in terms of properties being viewed and properties being enquired about. Another surprise in figures released by Property Abroad is that Spain remains the most popular country in the world with those looking to buy overseas property. According to Property Abroad's traffic and enquiry figures, the top ten most popular destinations for those looking at buying overseas property is as follows:

Spain
America
Cyprus
Portugal
Turkey
France
Brazil
Italy
Greece
Cape Verde

Liam Bailey, Property Abroad's chief market analyst gave his thoughts on the figures:

"I know some people will be surprised by America being the second most popular country with those seeking an overseas property purchase, but not me. A few months back I saw the trend beginning, when A Place in the sun magazine listed America as climbing 7 places to 4th most popular in their overseas property survey. This was then because of American property prices plummeting at the same time as the dollar crumbled against the pound making American property purchase a particularly financially sound move. It seems this trend has not been affected by the two currencies going in the opposite direction. I suspect America has remained popular despite the currency u-turn, is because many American markets have bottomed out and are predicted to have v-shaped recoveries, investors are therefore buying while prices are low and planning to reap the profits."

"Another reason for America's popularity:" continued Bailey, "is the fact that many developers facing bankruptcy are currently slapping massive discounts on their properties to obtain quick sales, setting shrewd purchasers up for great profits when the market's they purchase bargains in recover -- which is inevitable if unpredictable. One thing I am surprised about however is Spain being number one most popular; surprised more by the fact that it shows there are still masses of British people looking at buying overseas property. Other than that, my guess would have had Turkey in 3rd, Cyprus in 4th and Portugal in 5th, and the rest is pretty much par for the course."

Find out more about the hottest overseas property locations in the world.

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Brazil Property Ideal for Investment

Impartial overseas property organisation BuyAssociation, has stated that Brazil's property market is "ideal for investment". A BuyAssociation spokesperson added that the country is more likely to survive the current financial uncertainty [than most] because of the "healthy cash reserves" held by banks and the low rate of borrowing within the country.

Liam Bailey, chief market analyst for rapidly expanding overseas property portal Property Abroad concurred with BuyAssociation's findings:

"A few months ago I noted brazil as one of the few countries where the economy and property market should continue to flourish throughout the global slowdown, then because Brazil's exports to the booming Asia were growing exponentially, triggering massive growth in the economy as a whole. Now, as even Asia starts to feel the crunch, it becomes clear that banks having healthy cash-reserves and healthy lending policies are as important as economic growth in surviving the credit crunch, thus putting Brazil in an even better position."
Les Calvert, Property Abroad's director added:

"Brazil began growing in popularity a few months ago, and has continued to become more popular both in terms of properties being viewed and properties being enquired about."

Property Abroad currently have a very impressive range of property in Brazil. For those on a limited budget, Property Abroad are currently advertising 1-3 bedroom apartments on a fully equipped resort style development in Porto dos Corais, Natal, priced from £32,550.

Those with slightly more to spend may well be interested in 2 bedroom apartments in a beach-front Brazilian village of Imbassai. The development has ample parking, a communal swimming pool, gourmet barbecue area, gymnasium and offers apartments priced from as little as £52,081.

For those who can afford to spend to get total beach-front luxury, Property Abroad are offering a luxurious 5 bedroom beachfront villa for just £255,000. Aside from a massively spacious living room the villa has a salon, library, a fully equipped kitchen and massive dining room, all with sea-views. Each of the 5 superbly appointed bedrooms also have sea-views.
Find out more about Brazil property .

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Cyprus' Resilient Mediterranean Property Market

Cyprus' property market is another to go on the list of credit crunch survivors. According to Jonathan Salsbury, since last Autumn Cyprus' property market has gradually become less dependent on British buyers. A transformation that is now almost complete, as Eastern European buyers including Russians now sit beside Cypriot second home buyers as the predominant force fuelling the booming Cypriot property market. British and Western buyers now account for a far smaller proportion of the market.

According to the Royal Institution of Chartered Surveyors, the Cypriot economy has coped well with the global slowdown, and is well placed to benefit from the recent European Central Bank rate cut. The International Monetary Fund also has high hopes for Cyprus, predicting that the island will enjoy growth of 3.4 per cent this year and 2.9 per cent next year.

Les Calvert, director of up and coming overseas property portal Property Abroad picked out Paphos as a particularly strong area of Cyprus, he said:

"Our Paphos properties are particularly popular with holiday home buyers and investors at the moment, and are likely to become even more popular once the new terminal opens at Paphos airport November 17. Paphos' beaches are one of its greatest strengths, lapped by not so much a sea as a loch surrounded not too distantly by land on all sides, which also gives the Paphos coast a particularly mild and warm climate almost all year round."

Property Abroad currently has some excellent properties in Paphos . Buyers on a limited budget will be blown-away by the fully furnished studio apartment in Paphos , being sold for just £38,000. The apartment is in a brand new building, with a communal pool, covered parking, and located not far from the coast in Peyia, Paphos.

For those with a slightly bigger budget, Property Abroad's star Cyprus property could be a winner. The off-plan Zephyros Village 1 development , offers 2 and 3 bedroom maisonettes and apartments, priced from £92,000, in a secure and peaceful village style resort development. Located in the traditional Cypriot village of Mandria not far from Paphos and its international airport, the development features: a large communal swimming pool, children's paddling pool, private parking, and is near an 18-hole professional golf-course.

Find out more about Cyprus property

About Property Abroad

Property Abroad is rapidly growing into one of the best known, trusted and most successful overseas property portals in the U.K. With a slick dynamic site and very reasonable rates Property Abroad currently has among the most extensive worldwide property listings on the net.

To find out more contact the team at: les@property-abroad.com

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New Flights to Boost Faro Property Market

Now may be the time to add the Algarve to the list of destinations worthy of consideration for property investment, as it has been revealed that Faro airport in the Algarve region of Portugal is set to receive flights from three more British airports. Low-cost airline Easyjet will run flights from Glasgow, Liverpool and the East Midlands airports, alongside the existing flights from Dublin, Stansted and Shannon.

Liam Bailey, chief market analyst of upcoming overseas property portal Property Abroad, gave his views on how the new flights could affect the property market:
"Obviously anything that boosts tourism in a region -- especially a top tourism destination like the Algarve -- is going to be good news for the property market, as we have seen so many times before. Increased tourism means increases in the usage of rental properties; this will put an almost instant increase on the value of Algarve properties in popular tourism areas -- especially Faro. "
"But it is likely to have an even bigger impact on the Algarve property market," continued Bailey, "because of the amount of people that -- fed up with package holidays -- are currently arranging their own holiday accommodation, and taking advantage of budget flights. As this wave increases rental yields on Faro and Algarve property, as well as boosting the local economy, Algarve, and especially Faro property prices are set to see an above average rise of 10%-15% per year over the next 5-10 years."

Surprisingly, Algarve property, especially in Faro, can still be purchased relatively cheaply, given that the Algarve is one of Europe's foremost holiday destinations.
Property Abroad has almost 3000 properties in the Algarve from as little as £44,000. Les Calvert Property Abroad's director picked out his best property for those on a limited budget and his favourite property for those putting the ultimate in luxury before price.

"For those making an investment or buying a holiday property on a tight budget, we currently have an absolutely gorgeous 1 bedroom apartment priced at £44,722, and not far from the airport in the Algarve's Faro. The 70sqm apartment has a balcony, comes with a fully equipped kitchen and is in a new building with an elevator. We also have another bargain apartment in Faro, and to roughly the same specs just a little bit more expensive at £44,891, because it has excellent ocean views."

"For those with a little bit more to spend on their ultimate luxury property," Les continued. "We have an absolutely mind-blowing 3 bedroom villa in Faro's Tavira. The size of the balcony is almost as breathtaking as the ocean views stretching as far as the horizon, from where seems like almost directly below it. Such an incredible villa will set you back, £220,220, but given that similar properties are going for over £1million in more established parts of the Algarve, this property has real money making potential as the new flights give Faro's tourism a new lease of life."

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Greece Tipped to Slide through Credit Crunch

According to several recent reports by reputed industry sources Greece's economy and property market are geared up to survive the global downturn better than most in Europe, with The Telegraph putting Greece at the heart of a "new financial Europe".
Les Calvert, director of rapidly growing overseas property portal Property Abroad concurred with the report:

"With very little in the way of banking catastrophes being reported, and banks guaranteeing all deposits, Greece does indeed look sufficiently stable to weather the global financial storm relatively intact. Greek banks have been among the best performing in Europe over the past few months, and the consistent availability of mortgage finance has seen continually rising property prices -- on top of the impressive rise of more than 200% in the past 15 years."
Property Abroad currently has a vast array of properties for sale in Greece, including a small studio cottage in need of renovation for £11k, and tens of other Greek properties under £40k all in need of a little work but with great money-making potential.

According to Les Calvert, director of property abroad, one of the best opportunities is the off-plan 5* Halcyon Hills development right on one of Samos Islands gorgeous coastlines. Halcyon Hills offers ground floor suites from £160,000, and top floor apartments that make the most of the developments' spectacular sea-views from £187,000. Halcyon Hills also offers an array of other property types including luxury villas, all of which offer fantastic value for money.

Liam Bailey, Property Abroad's chief market analyst said:

"Properties like the Halcyon Hills development have amazing money making potential, with the possibility that they will be worth something in the region of twice the asking price immediately after completion, because of the usual risk affected discount given for buying off-plan property, especially at mid-level prices. The good thing about said immediate profit on Greece property is the seemingly never-ending supply of buyers coming from the financially strong Balkans, Russia and other affluent locations in northern Europe, which will allow today's investors to realise their profits tomorrow."

About Property Abroad
Property Abroad is rapidly growing into one of the best known, trusted and most successful overseas property portals in the U.K. With a slick dynamic site and very reasonable rates Property Abroad currently has among the most extensive worldwide property listings on the net.
To find out more contact the team at: info@property-abroad.com

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Bulgarian Property Value Increases

Those who invest in property in Bulgaria could be set to see a high rate of capital appreciation. According to recent figures from the National Statistical Institute, the cost of residential property increased by three per cent in the third quarter of 2008, the Sofia Echo reports.

Dobrich was one location that demonstrated a significant rate of growth, with an increase of nine per cent on the previous quarter. Plovdiv fared even better with values shooting up by 11 per cent within three months, demonstrating that metropolitan areas of the country could be particularly good for investors. Those who have already purchased a property in the area, or are doing so at the moment may find that their second home is worth considerably more than it was originally purchased for.

On average the eastern European country saw an increase of three per cent in the third quarter of 2008. According to Bridging Finance, investors are increasingly looking to purchase holiday homes and investment properties in Bulgaria, reports the Manchester Evening News.

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Property in Italy

Buyers thinking of purchasing a property overseas may wish to consider looking into the options available in Italy. According to the BuyAssociation website, the Mediterranean nation is an attractive option for investors and for those who want a second home for lifestyle purposes.

The online portal noted that the south of Italy is a particularly popular emerging market, with regions such as Calabria drawing a great deal of interest. This part of the country has a number of attractions, such as the good weather, beautiful scenery and a solid rental market. Having a steady demand for the property from tourists and locals may make an area such as this worth considering for those focusing on the investment potential of their homes overseas.

BuyAssociation commented: " Italy has stepped away from the cliches and stood up to its detractors to bring a fresh face to the overseas property market."In related news, the Daily Telegraph recently pointed to Sicily as an area that could experience growth in the next few years due to golf tourism.

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