New Bulgarian Property Website Relaunched

The overseas property portal Property-Abroad.com Ltd have released their latest revamped website Property in Bulgaria. A website dedicated to the sale and rental of local properties for sale throughout Bulgaria direct from local estate agents, property developers and private individual sellers.

The Bulgarian property site brings together a huge database of properties for sale in Bulgaria including popular ski resorts in Bulgaria like Bansko, Borovets and Pamporovo. In addition you can view beach properties in Bulgaria around Sunny Beach, Golden Sands, Nessebar and others including cities like Varna and Sofia the capital.

The website also boasts an online bookable holiday and villa search where you can book flights, holidays and villas and apartments for rent in Bulgaria.

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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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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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Tourists set to flock to Turkey

Owners of rental accommodation in Turkey could be in line to benefit from an influx of British visitors.

New figures from M&S Money have revealed that Turkish lira have been in high demand among consumers in the UK.

The organisation has attributed this development to exchange rates in the rest of Europe, as the euro is currently much stronger than the pound.

As a result, British leisure travellers can get more for their money by travelling outside the eurozone to places which offer more favourable rates.

This trend is likely to be good news for property investors who have invested in Turkish tourist hotspots, as it means demand for rental accommodation is likely to go up.

Fraser Millar, head of travel services at M&S, commented: "As the pound has weakened against the euro, travellers are looking for value-for-money holidays in non-euro resorts."

This comes after the Association of British Travel Agents recently reported a surge in the number of summer bookings for Turkey this year.

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Spain remains popular with Britons

Growing competition from other Mediterranean countries is not denting the appeal of Spain, analysts have revealed.

The European country was highlighted as the most popular destination for families over the upcoming school holidays by Skyscanner.

According to the flight search engine, this demonstrates the continuing appeal of Spain to consumers from the UK.

Barry Smith, chief of business development at Skyscanner, commented: "Spain has always been very popular with British holidaymakers, and it seems it's still the favourite."

He stated that the country is still an attractive option because it offers relatively low prices, good weather and easy access from the UK.

Skyscanner found that Alicante was one of the main hotspots for those heading abroad in the October half-term, along with Malaga, Tenerife and Murcia.

According to Spanish tourism institute Frontur, the country hosted more than 41 million visitors between January and August.

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