Foreign property news |
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International property / Foreign property news  During the Q1 2011 Russians were involved almost every property deal. Brokers believe that Russians are interested in Bulgarian properties because of low prices and weak Euro.
 Developers from Plovdiv hope that local authorities will buy new unclaimed apartments.
 The government intends to support Cyprus economy by taxes increase. Such changes will also affect property owners.
 Property sale and rental prices on the weakest property market of the Persian Gulf have declined more than by 50% since 2008. Buyers shouldn’t hurry up because analysts forecast the next residential prices fall in Dubai.
 In Q1 2011 number of property deals has significantly increased on this resort. Realtors report that demand was shaped Russian buyers, who oust such active buyers as British.
16.08.2011 Housing located near the football stadiums in Great Britain increases in price significantly
 Property buyers’ choice depends on football matches. According to the last statistics, average price of properties, located near the Premier League teams’ ground, has increased by 44% since 2001.
12.08.2011 Canadian new home prices continue to rise
 According to Statistics Canada, the largest rise by 4,7% was recorded in the city of Oshawa.
 An owner of a small studio, located on Tchenichovsky street in the center of Tel Aviv, asks a record NIS 290 000 (58 000 Euro) for this property. It means that this studio price works out 7200 for sq.m. It’s higher than the average prices in the rest of the district.
 In Q2 2011 Spanish housing sector will enter into the final recovery phase. Property market intends to normalize itself and needs only a slight push in the right direction.
 Journalists have upset property buyers information that housing prices’ rise continues in the country. Lately they claimed that every property type fell in price.
 Average prices of apartments in Bosnia and Herzegovina, whose construction has started in the first half of 2011, worked out 1,43 BAM (€733 ) for sq.m., 9,8% less than in 2010, the official statistics says.
 During the first seven months of 2011 foreign buyers paid 250 million dinars for Jordanian property. It is 41% more than last year. Analysts say that expatriates from the Middle East took a lead among foreign investors.
03.08.2011 Rental rates have increased in Australia
 Rental rates in some areas of Sydney (Glebe, Randwick and Potts Point) have increased by 11% at least. The average residential rent price in these areas works out $ 534 per week.
 In July 2011 the average price of luxury residential property in the Central London was 9,6% higher than in the similar period of last year. Prices in the rest of the country have decreased in July.
 The index of pending home sales increased by 2,4% in June. It grew by 8,2% month before.
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