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.

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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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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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