If there was further need to show that the Balearics is the playground of the rich, a new survey suggests that almost a third of all property sales were completed without a mortgage last year. Of the almost 18,000 property…
Read moreNew proposals will introduce a requirement for planning permissions for short-term lets in tourist hot spots. New rules to give communities greater control over short-term lets in tourist hot spots, while also strengthening the tourism sector, have been unveiled by…
Read moreKnight Frank points to a slew of new branded residential operators entering the market, which is helping to satisfy demand from international buyers and investors for luxury homes in the city Dubai’s branded residential market continues to deepen, with 61%…
Read moreWhile experts predict a slight slowdown to the boom felt post-pandemic in 2021-22, this year presents a slow and steady forecast for the luxury real estate business. Even more so for established and niche resorts, such as Quinta do Lago,…
Read more‘It’s increasingly clear the market is not heading over a cliff’, says Knight Frank. Gloomy predictions of a property market collapse are looking increasingly wide of the mark, with fresh data showing buyer demand is more than holding up across…
Read moreOwners of English holiday lets may not be aware of full impact of upcoming changes to minimum thresholds Increased thresholds are retrospective which could create unexpected financial implications for English holiday let owners The UK’s Valuation Office Agency has issued…
Read moreHome sellers across the US realised a profit of $112,000 on the typical sale in 2022, up 21% from $92,500 in 2021 and up 78% from $63,000 two years ago, according to a new report from ATTOM. ATTOM’s Year-End 2022…
Read moreHome prices have been the subject of much discussion throughout the recent housing market struggles. The current housing market correction has been slowing price growth, and luxury homes are now seeing year-over-year declines. However, a new Realtor.com report found that…
Read moreLondon’s most expensive homes are managing to defy a slowdown in Britain’s housing market. New sales instructions for homes priced at GBP5 million or more were 74% higher in the final quarter of 2022 compared with the pre-Covid-19 average, according…
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