World Bank Loan May Boost Polish Resale Market

The World Bank has agreed to give the Polish government the €975 million it asked for in the summer to help fund a series of fiscal reforms and wider economic changes aimed at improving conditions for businesses, develop more skilled workers and making public finances more efficient. The World Bank is also willing to send experts into Poland to help the government implement the changes.

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

"Poland is a very hard market to predict, but one thing that is for sure is that the type of reforms this money is to fund are badly needed. Millions of Polish citizens dispersed throughout Europe in search of employment that would pay decent wages, because of the gap between house prices and incomes brought on at least in part by Poland's appearance as an international property investment destination , and also in part by the government's failure to prepare for the emergence of such a gap. The inability of Poles to obtain mortgages was also a major problem, but this was also down to their having low incomes compare to house prices."

"If these reforms can increase the ability of working-class Polish citizens to make a decent living in their own country," continued Bailey. "Then it could prove to be very good news for the Polish resale market in years to come."

Property Abroad have some excellent properties in Poland , and according to director Les Calvert, the portal still receives a fair share of enquiries about Poland, when asked if these enquiries were primarily investors, Les replied:

"No, to be honest it's not fair to say primarily any type of buyer; it's a bit of a mix really."

Les also took the time to select his favourite Polish property:

The Bison Estates development is an off-plan complex of semi-detached and terraced houses priced from just £22,750 for a 1 bedroom unit. The development is located near Krakow and also close to a beautiful Polish nature reserve. The 1 bedroom units come complete with: Bathroom, Lounge, Garage, Parking Space, Driveway, Gardens, Central Heating, Double Glazing, Electricity and Telephone Points Installed.

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 Liam Bailey on liam@property-abroad.com or the team at: info@property-abroad.com

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Credit-Crunch Should Boost Overseas Property Investment

With the credit-crunch still showing no signs of abating, it is time to restart the boom in overseas property investment, according to one industry expert.

Liam Bailey, chief market analyst for overseas property portal Property Abroad said:

"The effect the global credit-crunch has had on overseas property markets has been nowhere near as bad as it could have been. But one negative effect that I have seen is that it has caused a lot of people who bought overseas property as an investment in the last 2 years putting their properties back onto the market, in a flurry of panic. This has been especially true in established markets. But as the credit-crunch has grown worse, overseas property has continued to become an even more favourable investment -- especially for those with substantial savings. "

"There are still many opportunities to secure guaranteed rental yields of between 6 and 10% per year for between the first two and three years of the investment, far higher than the annual interest of any bank at the moment. After the guaranteed rental yield ends the credit-crunch should and probably will be over -- though several recent surveys show it isn't affecting tourism anyway. I would definitely recommend that those who have substantial savings buy overseas property in emerging markets -- preferably with guaranteed rental yields."

Liam went on to recommend Panama property, and the off plan Bala Beach development, in particular for investment in the current climate.

"Bala Beach is in an excellent location, which is far from over developed. Though the properties have no guaranteed rental yield, their location and Panama's popularity with American tourists, mean that professional rental management will see these apartments easily fetch an 8% rental yield. Panama's economy is proving resilient against the current situation, and should see another boom when the canal expansion is completed. That coupled with Panama being the number one destination for American retirees, means these apartments will be easily sold on the resale market when investors execute their get-out strategy."

Bala Beach is a luxury resort style apartment complex, located right by one of Panama's finest Caribbean beaches; in Chiriquí. Property Abroad is listing 1 bedroom apartments in the complex from just £44,000. The development features many activities and amenities, including a swimming pool, tennis courts, Jacuzzis, a fully equipped fitness suite, and a sauna.

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 Liam Bailey on liam@property-abroad.com or the team at: info@property-abroad.com

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American Property Becomes More Appealing

The US Federal Reserve announced last week that it would cut the federal funds rate from 1% to between 0 and 0.25%, a move that should lower the cost of mortgages and make a US property investment even more appealing.

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

"This is yet more good news for the American property market; with the Pound continuing to fall in value, and the Euro at round about the same exchange rate, US property has been becoming more and more appealing to European and British overseas property investors. The latest rate should serve to make it even more attracting by lowering the cost of mortgages. Most people considering an American property as an investment are aware that it may take several years to make any real capital gains, if they will accrue less interest on their mortgage over this period than before, this will make the investment even more profitable.

"With that in mind, continued Bailey. "New figures released by California's Department of Finance show California's population has climbed massively in the past few years, so California could be the state to focus on for overseas investors, because when the US market starts to recover, vis-a-vis when property prices start to rise again, it is likely the economy will be recovering also, and those who have moved into rent, could be ready to buy homes."

Property Abroad have some excellent American properties for sale and to rent, including director Les Calvert's star buy:

A luxury 2 bedroom apartment on the five-star Kissimmee Island resort in Orlando. This is perfect for those looking to invest in American property now while prices are low and cash in whenever the opportunity presents itself. According to the developer, the prices of these apartments are now 54% less than their 2005 launch price, which is also less than build costs. At just £100,000 a blind man in the dark could see that they are a bargain, which will reap significant rewards when the US economy experiences its next boom -- not to mention the 6-8% rental yields they will be making in the meantime.

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 Liam Bailey on liam@property-abroad.com or the team at: info@property-abroad.com

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Bulgaria Sixth Most Popular with Overseas Property Buyers

It has been revealed by overseas property portal, Global Edge that Bulgaria is sixth most popular among their 1.4 million visitors. According to Liam Bailey, of Property Abroad this news comes as quite a shock:

"Bulgaria has been receiving very little but negative analysis in the past few months. But analysis and analysts don't matter; buyers do, and apparently with buyers, Bulgaria property has lost very little of its sheen. I doubt these people are making pure investments in Bulgaria however, though this would be easier to know for sure if data on Bulgarian regions had also been revealed. Properties can be picked up for ridiculously small amounts of money in some of Bulgaria's rural areas, it may be that these are being bought purely as investments.

"I believe that investments are only being made in the less well-known areas because of my past research for a private seller who wanted to know what price he should sell his apartment for; I found the market to be saturated with mid-low priced apartments, especially on resort style developments near the slopes. This was causing prices to fall as oppose to climb. I therefore believe that Bulgaria's status as sixth most popular destination with Global Edge visitors lies primarily with those buying holiday homes at now much-lower prices, possibly with an eye on long term gains and decent rental yields."

Property Abroad has some excellent properties in Bulgaria, including the fantastic Sea Breeze development. Located near Bulgaria's Black-Sea coast in the newest part of the coastal village, St Vlas, Sea Breeze offers 1 bedroom apartments from just £32,735.

The location of these apartments, i.e. in an area not facing over-supply, and within easy reach of all the tourist attractions on the Bulgarian Riviera and their high build quality means that if they are well marketed they should be able to bring their buyers strong rental yields, and depending on whether the area does become over-developed, may even bring a capital profit over a period of 5-10 years. It is however unlikely that immediate capital gains will be possible.

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 Liam Bailey on liam@property-abroad.com or the team at: info@property-abroad.com

news articles on Bulgaria

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Croatian Property Market Boosted by Government Efforts

The Croatian government has been commended for its efforts to encourage foreign investment in the country's property market. Paul Collins of Buy Association noted that the government had done everything possible to bring more overseas property investors into the market; including highlighting the country's tourism potential, and removing obstacles to foreigners buying in the country.

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

"The Croatian market exploded during the overseas property boom, but its sheer popularity as people expected EU membership to be just around the corner. This however led prices to be driven up rapidly, to the point where not much room remained for fantastic growth. However, the Croatian market is expected to experience another boom when EU membership is finally granted, and those who buy now, to hold possibly for several years, should enjoy 6-8% rental yields if they choose their Croatia property carefully. Croatia is world renowned for its beautiful beaches, and striking hills and landscapes, as well as a beautiful Mediterranean climate, making it very popular with tourists from around the world."

Property Abroad have some excellent properties in Croatia, including almost completed 2 bedroom apartments just a few minutes from the beach at Rogoznica available from just under £69,000. The apartments come with a parking space, Central Heating, Double Glazing, Gas Installed, Electricity Installed, Water Installed, and Telephone Points.

For people with a bigger budget, the Nautica Apartments complex is a luxury development being built near the new 5-star marina in Novigrad. 3 bedroom apartments in the development are priced from £184,000. This offers excellent value for money given the amenities and facilities on the resort-style development, the build-quality of the apartments, and their prosperous location beside the new marina.

Property Abroad has many more properties throughout Croatia; visit the site to find out more.

news articles on Croatia

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 Liam Bailey on liam@property-abroad.com or the team at: info@property-abroad.com

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Hartlepool Property Relaunched

The overseas property portal Property-Abroad.com Ltd have released their latest UK regional website Hartlepool Property. A website dedicated to the sale and rental of local properties in the town of Hartlepool on the north east coast of England aimed at the private seller.

The company - not only a leader in the overseas property market but also emerging as a private UK Property Portal has been releasing specific regional websites primaily in the north east of England aimed at the private seller wanting the same access to market that agents and developers currently enjoy.

The portal is soon to release its new 'for sale by owner' website www.sell-my-property.com which in itself will act as a central portal for individual property sellers from across the UK and around the world. Private sellers can advertise their local property on a global basis from as little as £69.

Les Calvert of Property Abroad commented on the release saying "we believe that the property seller is looking for a new way to reach their target market without the expensive need of an estate agent and we are happy to provide that vehicle in as many ways as we can".

The days of the traditional high street estate agent although not completely numbered must certainly be under pressure as the property market in the UK comes under continuous pressure and property owners look to save money wherever possible.

Will this method of selling already hugely popular in the USA and Australia catch on properly this time or is it another lame duck in a changing property market?

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Brazil Property Market Best in Current Climate

Brazil Property Market Best in Current Climate

US billionaire Sam Snell has said that Brazil is “the best” market in the world for overseas investors.

Speaking at a business forum in New York December 2nd the chairman of Equity Group Investments explained that Brazil's vast resources and large pool of skilled professionals makes it an extremely attractive option, Reuters reports.

"If you look at all of the facts, I don't think there is a better environment in all the world than Brazil," he said.

Mr Zell added that Brazil has managed to escape the worst effects of the global credit crunch, with confidence remaining in the country's banking and housing sectors.

He revealed that malls owned by Equity Group in Brazil have experienced same-store growth of 12 per cent over the past year.

Liam Bailey, chief market analyst for overseas property portal Property Abroad concurred with Mr Zell’s viewpoint:

“Brazil has been a favourite of mine since late 2007, and the market has remained strong. Many major overseas property funds have invested massively in Brazil, and other sectors have also been invested in heavily -- including a major investment by UK bank Standard Life earlier this year. Brazil is currently one of the most popular countries to make an overseas property investment, both in terms of media coverage and hits/enquiries through Property Abroad, its continued popularity and media coverage will maintain Brazil’s status as a hot investment market, because people buying there will provide a strong resale market when today’s buyers sell up.”

Property Abroad have some fantastic properties in Brazil, including a fantastic beach-front off-plan development in Maracajau, Natal, offering 2 bedroom apartments from just £49,000. The apartments come fully furnished, and the resort-style development has a swimming pool, car-parking facilities, on site rental management and is just 1km from a world class golf-course.

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 Liam Bailey on liam@property-abroad.com or the team at: info@property-abroad.com

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Australia Property Boosted by Rate Cut

The Reserve Bank of Australia (RBA), this week announced yet another interest-rate cut because of an expected fall in inflation. RBA cut its cash-rate, the equivalent of the Bank of England base rate, by 1%, taking it to 4.25%, its lowest rate since 2002. Liam Bailey, chief market analyst for overseas property portal Property Abroad gave his views on the rate-cut:

"You don't need to be a rocket scientist to know that an interest rate cut is good news for overseas property buyers, but at a time when more and more Britons are considering immigrating to OZ, this is welcome news indeed. The reason given for the rate cut is a healthy one; that Australia is keen to keep its excellent record on inflation, by keeping it between 2 and 3%. This interest rate cut will not only potentially make mortgages easier to obtain, but perhaps make emigrating to Australia achievable for more people, when it is difficult to sell UK homes, by making taking a second mortgage less taxing."

Property Abroad have some excellent properties in Australia. For those emigrating decent size resale properties start at no-less that £250k, off-plan properties however can be bought for as little as £170,000 in Queensland, which gives an indication of the immediate gains possible on off-plan properties in Australia.

One such property is the Zone development in the centre of Australia's tourism capital, the gold-coast, in the fantastic seaside resort of Mermaid Beach. A 2 bedroom luxury apartment on the five-star Zone Development costs just £170,000. Because of the low prices and their location these properties are capable of attracting rental yields of 10% and over, because of the strong tourism market in the area. And as stated above they have the potential to make an immediate capital gain of at least 30%.

Property Abroad have hundreds of Australian properties throughout all of Australia's most popular regions. Find out more by visiting the site.

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Montenegro Plans EU Accession Before 2009

Montenegro is to apply for full candidacy of the EU before the end of this year it has been announced. During a visit to Bosnia this week, Montenegrin prime minister Milo Djukanovic told a press conference in Sarajevo that the country will continue with its initial intention to apply for EU candidacy before 2009, Reuters reports.

"We are trying to agree on a compromise in talks with France," explained Djukanovic "And achieve what Montenegro has planned - to apply for a candidate status by the end of the year.

"We have got full satisfaction after declaring independence: we have strengthened stability and come closer to our European goals."

Mr Djukanovic said that EU status will reflect the increased social, political and economic stability achieved in Montenegro since 2006, when the country won independence.

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

"Well that is the moment we have all been waiting for. One of the biggest strengths put forward when I was recommending Montenegro as an investment destination in 2007, was its path toward recent accession into the EU. This has had a massive effect on other property markets in the region: Bulgaria and Estonia are prime examples; their property markets exploded after EU accession with price rises of up to 30% being regularly recorded. It was anticipated the Montenegro would achieve full membership in 2009, if it can do so before it all the better."

Property Abroad have some excellent property in Montenegro , including their star-buy: The Aquavista off plan apartment development. Set on the beautiful shores of Herceg-Novi in Kotor and starting from just £102,000 the Aquavista apartments are quite simply one of the best-buys on the international market. The semi-mature level prices of Herceg-Novi is testament to the level of growth that Montenegro has seen in the past 2 years, this growth can only be accelerated when Montenegro joins the EU.

Property Abroad have many developments in Montenegro, find out more by visiting the site

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Albania Property to be Boosted by Multi-Million Euro Fund

A new property fund has announced it plans to spend 100million Euros in Albania and other countries in the Balkans. Liam Bailey, chief market analyst for overseas property portal Property Abroad had this to say of the announcement:

"Albania has kind of taken a back seat in terms of media coverage of late, and that is not because it has been badly affected by the credit-crunch. Just last month a new international shopping mall was announced in the country, and the economy has largely continued on its path of steady sustainable growth. This is backed-up by this announcement that a property fund will spend 100million Euros between Albania and the rest of the Balkans. But that in itself will provide a massive boost to Albania's property market, even if only in bringing it back into the international spotlight -- not to mention the economic boost and the restoration of buyer confidence."

"The good thing about buying in Albania," continued Bailey. "Is that the economy is growing from a grass-roots level if you like, and the demand for housing from average Albanian's is growing steadily -- if not rapidly -- so buyers of off-plan property now, can look forward to a strong resale market when it comes time to realise their gains."

Property Abroad have some excellent properties in Albania, including the astonishingly good value Homeplan Residences in Tirana, where 1 bedroom apartments are available from just £42,000. Comprising of 1,2, and 3 bedroom luxury apartments, Homeplan Residencies is an off-plan development, located just a few minutes' drive from Tirana city centre. The development's completion is likely to put at least £20,000 onto the apartment's value, and after that appreciation should be in the region of 6-10% per year. As for rental yields, Tirana still isn't spectacular in that respect, because it does not a massive tourism market, but buyers of Homeplan Residence apartments can expect at least a 6% yield.

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 Liam Bailey on liam@property-abroad.com or the team at: info@property-abroad.com

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Italy Property Stays in the News

Last week a Telegraph survey found that Italy was the most popular tourism destination in Europe among its readership. And this week estate agency Knight Frank were quoted in the Times as saying that the traditional Italian property purchases such as farm-houses and cottages should take the back-burner to off-plan apartment developments in upcoming markets like Florence.

Also commenting on Italy this week Liam Bailey, of overseas property portal Property Abroad said:

"Italy will always have a strong property market, especially from Britain and especially because of the number of Briton's emigrating every year, who tend to go for Italy, France and Spain, seconded only by predominantly English speaking countries like Australia and Canada. The Telegraph survey last week was excellent news for those considering buying a property in Italy, especially those considering a property investment, or a holiday home to make rental income from when not in use. But if I'm honest, my favourite place to recommend in Italy with those two purchasing groups still has to be the emerging market of Calabria"

Property Abroad have some excellent properties in Italy; in fact Les Calvert, director of Property Abroad, gave us some particularly hot news about Italy this week:

"I asked our chief market analyst Liam Bailey to pick one property each week in a country that he particularly rates, this week it was Italy's turn and he chose the Jewel of the Sea Phase 2 in Calabria."

Jewel of the Sea Phase Two in Bracaleone, Calabria hopes to follow on from the success of its predecessor; Phase 1 which was the fastest selling off-plan development in Europe -- propelling Calabria to the hot-list of European emerging property markets. A completely gated community, Jewel of the Sea Phase 2 comprises of 1 and 2 bedroom apartments in a completely gated community. The resort style development features: swimming pools and an aqua park, clubhouse, restaurants, cafes and a commercial centre.

Property Abroad have many other properties in Italy, including land-plots in Sicily, and many bargain properties in need of restoration with bags of potential.

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European Property Boosted by Credit-Crunch

Overseas property news is currently filled with Spain. One report released by the airline Monarch said that Cyprus, the Canary Islands and Malaga are currently their most popular destinations and that Spain is in fact more popular on the whole, this is particularly good news when you consider that Monarch also revealed that 43% more people have booked summer flights than this time last year.

Monarch also announced that 77% of respondents to a poll on the company website said the credit crunch would not reduce the number of flights they would go on next year, although 41% said they were looking to reduce costs.

Other Spanish news headlined Property Squeeze Hits Costa Teguise, concerned a popular location in Lanzarote that is beginning to be hit by the global situation. Meanwhile, other news told how Fuerteventura remains to be massively popular with tourists.

Liam Bailey, chief market analyst for overseas property portal Property Abroad gave us his views on what the latest news means for the various property markets:

“It is no shock to me that people plan to continue holidaying through the credit-crunch, in fact those that can afford it will tend to holiday more because of the considerable stress the current situation brings. This will be of benefit to the conventional European holiday hotspots including Spain, Turkey and up-coming Cyprus; because it will mean the holiday rental markets will remain strong.

“Just how much of a benefit it will be,” continued Bailey, “depends on how long the “credit-crunch” lasts; most people had made their holiday plans before the problems became severe and aren’t changing them. But if the problems continue three or four years down the line, then more and more people may pull-in-their-belts and holiday in Europe only – as I said, I can’t see many people, except the worst affected stopping holidaying altogether. However, more Britain’s may decide to holiday in the UK a few years down the line, which could boost holiday rentals in some of Britain’s holiday hotspots.”

Property Abroad have some excellent overseas property throughout all Europe’s holiday hotspots, including: property in Spain from £29,000, property in Cyprus from £31,000 and property in Turkey from £16,000.

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Property Abroad releases 2008 Advent Calendar

Following on from last years successful advent calender, overseas property portal property-abroad.com have injected a little humour in to the market and released this years popular calendar full of games, jokes and gift ideas past and present.

Liam Bailey chief marketing analyst for property-abroad.com said "last years calendar was a great success and people are still logging onto it to play the popular games and that's why this years calendar has been launched".

The calendar will release a new day everyday right up until and including the 24th December as normal. Once everyday has been opened the calendar remains live online for people to return to at anytime.

The calendar is sponsored by

Halo Financial Currency Experts as it was last year. "It's a great idea and we are more than happy with the success of last years campaign and are confident that this year will prove an even bigger hit with browsers this year" commented Gavin Herridge from Halo.

Have some fun this year and visit the Property-Abroad.com

Christmas Advent Calendar and see how addictive it is.

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Cape Verde Property to Grown and Grow

Described as the "hidden Caribbean" recently by a Lonely Planet author, Cape Verde's recent emergence as a favourite for overseas property investment has been almost completely fuelled by a massive increase in visitor numbers to the region.

Ron Hughes, proprietor of Cape Verde Travel, stated that the differing geography of the island attracts many different types of visitor, which should see tourism levels continue to grow.

Cape Verde offers fantastic white sandy beaches, as well as eco-tourism holidays, mountain walks, cultural life, music, and a rich history. It will also be boosted by the two new flights.

Overseas property portal Property Abroad recently named Cape Verde as the 10th most popular location in the world for those considering buying a Property Abroad for investment and as a holiday home.

Property Abroad have some fantastic properties in Cape Verde, including a fantastic studio on the island of Sal for just £23,370. The apartment block has the benefit of a lettings manager, securing strong rental usage all year round, and ensuring rental yields upwards of 5%.

Property Abroad are also advertising the fantastic Creola Sands; a beach-front development on Boa Vista, offering 1 bedroom luxury apartments from just £62,000. The apartments, which are on a fully equipped resort development with a pool and restaurant among many other amenities, come with letting management and a guaranteed rental yield of 5% for the first two years.

Property Abroad’s star Cape Verde property is a three bedroom, two bathroom beach-front villa in the Dunas Beach resort in Sal Island’s Ponta Preta resort area. Dunas Beach is a fully enclosed and secure luxury resort, right on-top of one of Ponta Preta’s finest beaches. Prices start from £209,966.

Property Abroad have many more fantastic properties in Cape Verde, throughout all regions and all price ranges. Find out more by visiting the site.

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