Miami Property Runs Out After Year Of Record Sales

Fears that property for sale is running out in Miami may undermine its record-setting year of sales in 2012, according to real estate agents. Last year, sellers also saw asking prices increase for family homes and apartments in Miami with this trend being reported across Florida. The reason for the boom, says the Miami Association … Read more

Russia Bans Investors In Corruption Fight

There’s more bad news for owners of property in Cyprus after the Russian government announced a clamp down on its officials and civil servants from owning property overseas. Cyprus is a popular location for Russian property buyers and news of the proposed law is unlikely to go down well. The aim of the Russian law … Read more

What expats really think of their home from home

What expats really think of the countries they live and work in has thrown up a few surprises. Not surprisingly some stereotypes are reinforced, like the Germans are viewed as the most trustworthy while French people are the most arrogant. The survey, conducted by the Pew Research Centre, says that Europe is one of the … Read more

Spanish Property Prices Poisoned By Toxic Bank

Fears are growing that banks in Spain look set to put the skids under the country’s property prices as they offload their real estate holdings. In a bleak market that has seen prices tumble since the 2008 property crash, the move will weaken prices further and scupper any hopes for a property revival this year. … Read more

Surprise Tax Demands Add To Holiday Home Woes

Buyers of homes in Cyprus have received surprise tax demands for the interest generated from cash locked in property developers’ escrow accounts. Cypriot house builders demand stage payments rather than a deposit and final purchase of a property, so most buyers hand the cash to a lawyer or bank to prove they have the cash … Read more