Following numerous years of growth, Brazil has begun to fear the onset of a real estate bubble. In recent years a great number of foreign investors have invested in luxury residences in Brazil. Subsequently, leading to financial growth in the Brazilian economy in preparations for the Football World Championships and the Olympics which will take place in two years time in Rio de Janeiro. However, there have been a number of alarm bells and the experts at AFP fear that…
Austria has become the new hotspot for real estate investments. The much loved country for both summer and winter getaways has seen an increase in sales to foreign buyers. Italians have proven to form a large part of the number of foreign buyers, the majority coming from Alto Adige, on the border of Austria. A more attractive location for investing considering the critical economic situation in Italy. Buyers are particularly interested in the North Tyrol and the western regions of…
Purchasing properties in Europe is much cheaper today than in the past. The current, familiar and widespread difficult economic situation has had a domino effect on the real estate market. It is now necessary to lower property prices to avoid a total collapse in the market. Countries such as France and the Netherlands have had to compromise and drastically lower their prices. Prestigious properties in these countries, amongst the most costly in Europe, have had a fall in prices. Consequently…
According to the Global Development Insight report which was updated in the trimester of 2013, the largest population to invest in luxury real estate are the Chinese. The report which was developed by Knight Frank, one of the principal real estate consultancy groups, shows that Singapore citizens and Russians, are found respectively in second and third position in the classification. According to the study carried out by Knight Frank, Chinese buyers are mostly interested in Paris, New York, and London…
