http://www.buyassociation.co.uk/property/news-feed BuyAssociation News en-gb http://www.buyassociation.co.uk/property/images/en/BA-logo-with-wording-small.jpg http://www.buyassociation.co.uk/property/news-feed http://www.buyassociation.co.uk/property/news/currency/the-weak-euro-makes-spanish-property-prices-even-more-attractive-33970.html http://www.buyassociation.co.uk/property/news/currency/the-weak-euro-makes-spanish-property-prices-even-more-attractive-33970.html
Well, if you were buying an apartment for €100k in July 2011 it would have cost you around £89k, yet if you bought it now it would only cost you around £83k - that is a difference of £6k!

The reason the rate is so much better is that there is a lot of concern over the amount of debt countries in Europe have, especially Greece. This is causing worried investors to move their assets out of the Eurozone which has the effect of devaluing the currency.

How long will this go on for?

The current situation in the Eurozone is not good and there is a great desire from the international community to resolve the issues and secure the future of the Euro. If they can come to an agreement on a solution and a way forward we will most likely see the Euro return to strength against the...]]> http://www.buyassociation.co.uk/property/news/brazil/brazil-property-prices-predicted-to-rise-by-10-per-cent-33526.html http://www.buyassociation.co.uk/property/news/brazil/brazil-property-prices-predicted-to-rise-by-10-per-cent-33526.html
The Reuters poll of 15 banks, research groups and business associations downplayed the risk of a sharp downturn, with a recent credit boom underpinned by a steady improvement in wages and affordability conditions.

The rapidly expanding Brazilian middle class is expected to keep a close eye on opportunities to stop renting and move into ownership, holding up prices even after they almost doubled in some neighbourhoods.

‘When the slums disappear and the Brazilian housing sector gets more mature, then prices will stop rising,’ said Andre Perfeito, chief economist at Gradual Investimentos brokerage.

In Sao Paulo, Brazil's biggest city, average new home prices skyrocketed 85% from April 2009 to October 2011, to 6,019 reais per square meter ($3,250), according to a survey conducted by th...]]> http://www.buyassociation.co.uk/property/news/general/overseas-property-trends-for-2012-33445.html http://www.buyassociation.co.uk/property/news/general/overseas-property-trends-for-2012-33445.html Five overseas property trends for 2012

There is little doubt that 2011 has been a testing year for the overseas property market. Without doubt there have been some incredible bargains to be found in locations across the globe, but the progress that could have been made in many areas has been halted by a severe lack of economic confidence or an inability of banks to lend on property in certain countries.

It hasn’t all been doom and gloom, and there has been some very positive news coming both from countries which have managed to escape the worst of the economic downturn, plus also from some of the areas which have been most severely affected by the global downturn.

As we move into 2012, here are five things to look out for in the overseas property world:

Eco resorts
Despite suffering one or two false starts in the past, eco resorts are set to grow in importance through 2012. There are a number of reasons for this, from growing environmental awareness among t...]]> http://www.buyassociation.co.uk/property/news/spain/is-the-new-spanish-government-going-to-help-the-property-market-to-recover-33231.html http://www.buyassociation.co.uk/property/news/spain/is-the-new-spanish-government-going-to-help-the-property-market-to-recover-33231.html
Homeowners in Spain have been protesting for years about the rapid growth in redundancies and the rising number of homes being repossessed. The banks hold partial responsibility with their spending habits including giving out mortgages to those incapable of repaying and suspect construction guarantees. All these factors have given the Spanish property market a bad reputation in the past few years for investors.

To help the property market to recover from this, the new Spanish Government, The People’s Party, are going to work on helping to boost the country’s property market and hopefully get it back to where it once was. They are going to focus on putting measures in place to build up...]]> http://www.buyassociation.co.uk/property/news/australia/take-a-trip-down-under-32339.html http://www.buyassociation.co.uk/property/news/australia/take-a-trip-down-under-32339.html
Unfortunately Australian property has risen considerably over the last 40 years (6% Pa. since the 1990s) and is considered some of the most expensive in the world in relation to average incomes. Furthermore the currency has in recent times reached record highs against the US dollar and is currently floating around $1.5 to the pound. With all t...]]> http://www.buyassociation.co.uk/property/news/general/buyassociation-wins-industry-awards-32228.html http://www.buyassociation.co.uk/property/news/general/buyassociation-wins-industry-awards-32228.html
Beating off stiff competition from within the overseas property industry, the panel of respected property professionals which made up the OPP Awards judges praised BuyAssociation for the way the website is run and the innovative features that have been added in recent months.

The judges described BuyAssociation as ‘a first-rate example of how to do it well.’, while the new Privilege BuyAssociation scheme was called ‘a great idea, ‘thinking outside the box’ for the consumer.’ The judges concluded by saying: ‘They are certainly adding value to the global property market.’

BuyAssociation chief executive Caroline Roberts said: ‘We are immensely proud to win these awards. We always...]]> http://www.buyassociation.co.uk/property/news/france/will-there-be-luxury-houses-cropping-up-all-over-france-32099.html http://www.buyassociation.co.uk/property/news/france/will-there-be-luxury-houses-cropping-up-all-over-france-32099.html
One outcome of this news is that luxury property developers are already starting to target the rich and trying to entice them into purchasing property in some of the more secluded areas of France. Luxury accommodation and lavish properties are going to be very attractive to those wealthy foreign investors; as this proposal by President Sarkozy means that wealth tax will only be payable on much higher amounts of prosperity now.

This could be good news for those in the property development business. Although this decision has only just been announced, it’s almost certain property developers who have caught wind of this news will definitely be making plans to branch out to the wealthy and try to encourage those to look into property in France.

France has lots to offer in terms of location, scenery...]]> http://www.buyassociation.co.uk/property/news/general/a-place-in-the-sun-live-opens-tomorrow-31870.html http://www.buyassociation.co.uk/property/news/general/a-place-in-the-sun-live-opens-tomorrow-31870.html
Europe’s largest overseas property show starts on Friday 30th September, with hundreds of exhibitors representing properties in destinations from around the world, including Spain, France, Portugal, Egypt, Turkey, Florida and even Albania.

The final schedule has now been confirmed, with 140 exhibitors from over 40 countries, more than 80 free seminars to attend, and the chance to meet the Channel 4 TV show’s presenters. Dedicated areas (such as The French Village and The Portuguese Pavillion) will represent the most popular property destinations, with a panel of experts on hand to answer questions and offer advice on how to buy overseas property safely.

The newest addition to the 2011 line-up is The Fractional Pavilion, an area focusing on the increasingly popular market of fractional ownership. The scheme al...]]> http://www.buyassociation.co.uk/property/news/emigration/-better-quality-of-life--for-expat-children-31760.html http://www.buyassociation.co.uk/property/news/emigration/-better-quality-of-life--for-expat-children-31760.html
It seems ‘la dolce vita’ is coming true for many Brits living overseas as 85% of those surveyed say they intend to stay living abroad for the foreseeable future. This dim view of life back home that is shared by expats is further underlined as 25% of respondents said they would consider moving elsewhere overseas before contemplating returning to the UK.

The survey also reveals that Britons are eager for a change of lifestyle as over half (53%) of respondents said this was the main motivation for the move abroad while, surprisingly, given the disappointing British summer, only 10% said it was due to the weather.

However, it’s not all easy living for UK expats as more than 50% report their cost of living has increased since moving overseas. One in four of the expats surveyed live in France where food and pe...]]> http://www.buyassociation.co.uk/property/news/canada/premier-golf-resort-achieves-planning-permission-31492.html http://www.buyassociation.co.uk/property/news/canada/premier-golf-resort-achieves-planning-permission-31492.html
Landcorp International, European Marketing Agent for luxury lifestyle resort ‘Forest Lakes Country Club’ in Nova Scotia, Atlantic Canada, is delighted to announce that the resort which is destined to be the region’s most prestigious has been granted full planning permission. Terra Firma Development Corporation, the Development Company of the resort, informed Landcorp of the fantastic news in August 2011 following the expiration of the allocated time to allow for public appeal against the development. No appeals were made.

Terra Firma and its team of award winning master planners coupled with Nicklaus Design have worked tirelessly to ensure that they would receive the ‘green light’ for Planning Permission and all credit must be given to them.

Forest Lakes Country Club will be THE luxury lifestyle resort in Atlantic Canada featuring the only Nicklaus Design golf course in the region.

Set in one of th...]]> http://www.buyassociation.co.uk/property/news/germany/german-property-market-opens-up-for-foreign-investment-31231.html http://www.buyassociation.co.uk/property/news/germany/german-property-market-opens-up-for-foreign-investment-31231.html Germany property market strong.

Germany’s strong real estate market owes its strength to several factors. First amongst them is Germany’s low rate of home ownership: only 43 percent of Germans on the whole own their own home, with an estimated 85-90 percent of Berliners renting their dwelling. The figure provides buyers with the opportunity to let their property with little struggle. Such has also helped keep th...]]> http://www.buyassociation.co.uk/property/news/general/free-tickets-to-a-place-in-the-sun-live-2011-31180.html http://www.buyassociation.co.uk/property/news/general/free-tickets-to-a-place-in-the-sun-live-2011-31180.html
If you’re dreaming of relaxing in the sunshine at your very own overseas home, then a visit our show will give you the opportunity to meet agents and developers from around the world with properties for sale from £20,000 to over £1 million, so there’s bound to be something to suit every taste and budget.

As buying a home abroad is such a major decision, there’s also a packed schedule of free-to-attend seminar sessions, to make sure you’re as informed as possible.

On The Main Stage the A Place in the Sun and A Place in the Sun: Home or Away? presenters from Channel 4, Amanda Lamb, Jasmine Harman and Jonnie Irwin will be giving their top tips on buying abroad safely and sharing their experiences of ten years of house-hunting whilst filming the shows.

As well as ses...]]> http://www.buyassociation.co.uk/property/news/brazil/brazil-claims-world-s-fifth-largest-economy-spot-ahead-of-schedule-31031.html http://www.buyassociation.co.uk/property/news/brazil/brazil-claims-world-s-fifth-largest-economy-spot-ahead-of-schedule-31031.html
On the back of 7.5% economic growth in 2010, Finance Minister Guido Mantega believes that Brazil is now ranked third in the world taking into account the pace of economic growth and has the fifth largest economy in relation to the G20 countries, overtaking France and Britain in the process. The availability of consumer credit, huge public and private investment and an ambitious government stimulus package have been credited for this, the country’s most brisk period of growth since 1986.

Some economists disagree with Senhor Mantega and instead have Brazil down as rising from eighth to overtake Italy and claim seventh spot in the world’s biggest economy rankings. It seems that the F...]]> http://www.buyassociation.co.uk/property/news/spain/easyjet-adds-essex---spain-flights-30733.html http://www.buyassociation.co.uk/property/news/spain/easyjet-adds-essex---spain-flights-30733.html
The addition of new flights between Spain and Southend has been linked by some to the success of TV series The Only Way Is Essex. PropertyInSpain.net predicts that as tourism develops between the two places, the next series could feature a Marbella-based episode, including the area’s well-known nightclubs.

A spokesman for the show commented: "The pilot has featured parts of Marbella and nearby Puerto Banus. With nightclubs, yachts and millionaires, a fly-on-the wall series could go down a treat."

The Only Way Is Essex stars could arrive just in time to pick up a Spanish bargain, with property prices across the country expected to stay low for several years. Property journalist Marc Da Silva told Property Showroom: "In Spain, prices have been falling for quite some time. It is a wonder...]]> http://www.buyassociation.co.uk/property/news//turkish-property-is-beginning-to-see-an-upswing-30684.html http://www.buyassociation.co.uk/property/news//turkish-property-is-beginning-to-see-an-upswing-30684.html Turkish property due to many factors, including economic issues incurred during its attempt to accede to the European Union. These have held back property investors from buying in Turkey for fear of a further real estate valuation decline. Recently, this has shown signs of change as the factors which worked against the Turkish economy have started to be reversed.

The issues that Turkey has faced in attempting to join the European Union still exist.Yet with the problems that the EU itself is facing amongst its member states, Turkey, not being a part,has not been seen as such a draw-back. In fact, the issues that some of the member states face have forced investors who might previously invested in properties in Greece, Spain or Portugal to seek alternative opportun...]]> http://www.buyassociation.co.uk/property/news/brazil/brazil-s-emergence-in-foreign-real-estate-30661.html http://www.buyassociation.co.uk/property/news/brazil/brazil-s-emergence-in-foreign-real-estate-30661.html
Examples of such markets include the BRIC countries. BRIC is an acronym for Brazil, India, and China, which comprise the world’s fastest growing large economies, and thus they hold opportunities for economic growth and investing success. Nevertheless, China’s lack of transparency and India’s poor infrastructure have enabled Brazil to stand out from the pack. Brazil’s smaller population also renders administration more manageable, producing a simpler business environment and more effective government.

Brazil boasts a breath of opportunities for the overseas property investor. Rio de Janeiro is amongst La...]]> http://www.buyassociation.co.uk/property/news/spain/spanish-property-market-provides-top-value-30616.html http://www.buyassociation.co.uk/property/news/spain/spanish-property-market-provides-top-value-30616.html Spanish property at a low price. This is why British investors are continuing to invest in the Spanish real estate market.

Along the Mediterranean coast, the Balearic and Canary Island archipelagos are amongst the most popular tourist and investment attractions in Spain. The Balearic Islands feature Mallorca, Menorca, Ibiza, and Formentera. With its Opera House, Mallorca offers a stately and elegant experience, while King Juan Carlos’ castle sits in Palma. Menorca offers a drier cli...]]> http://www.buyassociation.co.uk/property/news/canada/key-canadian-interest-rate-kept-a-one-per-cent-30601.html http://www.buyassociation.co.uk/property/news/canada/key-canadian-interest-rate-kept-a-one-per-cent-30601.html
The target for overnight loans between commercial banks remained 1 percent, where it’s been since September, as forecast by all 26 economists surveyed by Bloomberg News. The Ottawa- based bank also raised its outlook for so-called core inflation and affirmed the economy will reach full output by the middle of 2012 while trimming this year’s growth forecast.

“To the extent that the expansion continues and the current material excess supply in the economy is gradually absorbed, some of the considerable monetary policy stimulus currently in place will be withdrawn,” the central bank said in a statement. “Such reduction would need to be carefully considered.”

The Canadian dollar and bond yields rose as investors bet today’s statement could mean rate inc...]]> http://www.buyassociation.co.uk/property/news/india/indian-plan-to-launch--world-s-cheapest-homes-30517.html http://www.buyassociation.co.uk/property/news/india/indian-plan-to-launch--world-s-cheapest-homes-30517.html
A spokesman for Tata, which in 2009 also launched the world’s cheapest car, the Nano, said the pre-fabricated houses would allow the rural poor in India to be able to afford their own home. Prototypes of the houses are already being tested with a view to a launch next year, according to India’s PTI news agency.

Indian authorities have previously said that millions of homes are needed in rural areas, and Tata is apparently in discussion with several state governments.

The company is developing a range of low-cost houses, which will start at the basic 20 sqm model with flat roof and will cost €500 and could include slightly larger and more expensive models incorporating solar panels.

While Tata are in discussion with state governments and village councils in India about the provision of housing for the poorest rural inhabitan...]]> http://www.buyassociation.co.uk/property/news/brazil/government-targets-closer-trade-links-with-brazil-30493.html http://www.buyassociation.co.uk/property/news/brazil/government-targets-closer-trade-links-with-brazil-30493.html
In his first official visit to the country, Mr. Clegg spoke of Brazil as a ‘natural partner’ for the UK and emphasised the many Brazilian investment opportunities open to British companies. "As Brazil is set to become the fifth largest economy in the world, UK companies should seize on every opportunity to prosper in Brazil," he said.

UK exports currently run to £2.1 billion a year and the government is keen for British investment in Brazil to reach £4 billion over the next four years. During the visit, deals worth £2.5 billion were announced and further Brazilian investment opportunities earmarked, moves that were welcom...]]> http://www.buyassociation.co.uk/property/news/cyprus/cyprus-property-picture-improves-30463.html http://www.buyassociation.co.uk/property/news/cyprus/cyprus-property-picture-improves-30463.html
Speaking with INBNews last week Interior Minister Neoclis Sylikiotis noted that there is now the possibility of issuing Title Deeds at the rate of 1,200 a month and 25,000 annually by reducing cumbersome procedures and making the system faster.

So far this year, 6,213 transfers of property have taken place. These properties had a declared sale price of €953,715,113.69, which the District Lands Offices uplifted to an accepted price of €1,027,779,359.71; an increase of 7.8%.

Source: Cyprus Property News

Up to 30 per cent discount on Cyprus property
Five per cent guaranteed rental on selected units at Aphrodite Hills - [link=http://selectresortsaphroditehills.buyassociation.co.uk/?source=BANews]click here for more details[/lin...]]> http://www.buyassociation.co.uk/property/news/australia/australia-s-property-market-fades-30420.html http://www.buyassociation.co.uk/property/news/australia/australia-s-property-market-fades-30420.html property in Australia is starting to fade as the withdrawal of the government’s stimulus package for first-time buyers and high interest rates contribute to stagnating prices.

Until recently there have been large annual rises in the Australian property market – rises the likes of which few property markets in the developed world have been able to sustain. According to research by RP Data, a property research group, over a ten-year period of time every year house prices nationwide rose an average 7.8%. Low unemployment rates, a strong banking sector and short-term cash incentives for first-time buyers combined with a growing population all contributed to this strong performance.

However, the summer of 2010-11 in Australia saw large-scale devas...]]> http://www.buyassociation.co.uk/property/news/spain/murcia-s-paramount-branded-theme-park-could-open-one-year-early-30358.html http://www.buyassociation.co.uk/property/news/spain/murcia-s-paramount-branded-theme-park-could-open-one-year-early-30358.html
Murcian officials are convinced that the Paramount-branded Theme Park green light was given largely on the basis of the brand new Murcia International Airport located within 20 minutes of the site at Corvera. Works on the Airport will complete late this year and open to passengers in spring 2012 following final Government approval. Paramount personnel have conducted site visits to witness its swift progress.

Chris Mercer of Murcia-based agent Mercers, comments, “The Airport’s initial capacity for three million passengers a year, including many who currently use Alicante, was said to be key to securing the flagship project. Murcia International Airport will also...]]> http://www.buyassociation.co.uk/property/news/brazil/brazil-the-buzzword-on-investors-lips-30285.html http://www.buyassociation.co.uk/property/news/brazil/brazil-the-buzzword-on-investors-lips-30285.html
At the beginning of this year, the Brazilian Institute of Geography and Statistics (IBGE), reported that the GDP increased a massive 7.5% last year, which is a record high since 1986 and the growth hasn’t stopped there. The economy continued to expand fueled by record-low unemployment and higher wages that allowed families to boost spending.

Brazil's gross domestic product increased by 4.2% in the first quarter compared with the first quarter last year. The latest snapshot of Latin America's largest economy "confirms that the Brazilian economy is in a cycle of sustained expansion, at a pace that is harmonious with internal and external balance," Central Bank President Alexandre Tombini said in a stat...]]> http://www.buyassociation.co.uk/property/news/italy/italian-second-home-market-holds-in-2011-30251.html http://www.buyassociation.co.uk/property/news/italy/italian-second-home-market-holds-in-2011-30251.html
Not only has property in Italy remained steady but tourist areas have increased in property value in the past couple years. Finding a home in a high tourist area may cost a little more but the long term value seems rather significant. These are areas like Courmayer in Valle d’Aosta, Forte dei Marmi in Tuscany and Porto Rotondo in Sardinia. Madonna di Campiglio has also seen a price increase for new or prestigious homes.

Italian property has frequently been described as the best in terms of markets in which to own a second home. Consequently this has contributed to keeping the Italian property market steady. I...]]> http://www.buyassociation.co.uk/property/news/florida/florida-listed-in-cnn-s-top-10-property-price-gains-30221.html http://www.buyassociation.co.uk/property/news/florida/florida-listed-in-cnn-s-top-10-property-price-gains-30221.html
Within the general region of Florida there are specific areas which are touted to be ahead of the general area's curve for recovery. One of these is Palm Bay which was named by CNN as one of the top 10 areas for property price gains throughout the United States. With the appreciation of property prices being so significant, property investors would expect to see surrounding areas feeling a trickle-down effect.

The timing of the property price upswing means that those people who are looking to invest in prop...]]> http://www.buyassociation.co.uk/property/news/general/singapore-residential-property-prices-rising-30193.html http://www.buyassociation.co.uk/property/news/general/singapore-residential-property-prices-rising-30193.html
Average resale prices of leasehold condominiums in suburban areas increased the most at 3.9% quarter on quarter, compared to 0.8% in the previous quarter, according to DTZ.

The average resale price of freehold condominiums in the prime districts of 9, 10 and 11 grew by 3.3% quarter on quarter compared to 0.4% in the first quarter, based on a basket of completed condominiums tracked by DTZ Research.

The average resale price of luxury condominiums rose the least at 1.7% but DTZ Research said it reflected an increase over the flat prices registered in the first quarter. This it said is the only segment with prices still below the 2007 peak.

Source: PropertyCommunity.com

[b]For all the latest on buying property in different markets overseas, please [link=http://www.buyassociation.co.uk/property/sta...]]> http://www.buyassociation.co.uk/property/news/general/buying-interest-surges-in-european-holiday-favourites-30072.html http://www.buyassociation.co.uk/property/news/general/buying-interest-surges-in-european-holiday-favourites-30072.html
In May, some 56.2% of indexed locations saw increases in searches, 43.7% saw decreases, 0.1% no changes at all. Overall, searches for overseas property rose 15% in May.

Poland has broken into the top 20 countries for the first time, with searches increasing by a huge 248%. Top ten climbers include several French regions. The Dordogne was up 74%, Aquitaine up 47% and Limousin up 39%.

Italy also continues to attract a lot of interest with 17 out of 20 Italian regions see increased user activity in May. While Bavaria in Germany was the top climber for May with 82% more searches month on month.

Interested in property in France?
Investment properties in Brittany with VAT rebate and guaranteed rental returns - [link=http://pierreetvacancespornichet.buyassociation.co.uk/?source=BANews]...]]> http://www.buyassociation.co.uk/property/news/spain/spanish-beaches-cleanest-in-europe-29943.html http://www.buyassociation.co.uk/property/news/spain/spanish-beaches-cleanest-in-europe-29943.html
For the second year running, the country attained the largest number of the prestigious environmental certifications out of any country in Europe, with 104 of Valencia’s beaches, 66 in Andalucia and 63 of the Balearic Islands’ idyllic coves being awarded.

Local authorities can nominate their own beaches for the Blue Flag certification, but it must adhere to strict environmental standards, which have led to a number of previously awarded beaches being struck off the list in recent years, including some in Britain and Israel. Spain’s continuing vigilance when it comes to the environmental quality of its waterways will ensure it remains the ’beach capital’ of the Continent ...]]> http://www.buyassociation.co.uk/property/news/australia/australia-offers-buy-to-let-opportunities-29869.html http://www.buyassociation.co.uk/property/news/australia/australia-offers-buy-to-let-opportunities-29869.html
In particular, the buy-to-let sector still boasts a wealth of prospects for investors, A Place in the Sun reports.

The average price of a home in Australia fell by 0.4 per cent in the first quarter of this year and 2.1 per cent year-on-year, according to statistics released by RP Data-Rismark. The company added that average rental rates have appreciated by 4.6 per cent.

Highest yields can be achieved in Darwin, followed by apartments in Hobart and Canberra, Brisbane, and Sydney.

Source: PropertyShowrooms.com

Interested in property in Australia?
For more information on investing in Australia - click here

[b]To keep up to date on all overseas property news, features and latest offers, [link=http://newsletter.buyassociation.co.uk/?source=BAo]si...]]> http://www.buyassociation.co.uk/property/news/canada/home-building-in-canada-beats-forecasts-29813.html http://www.buyassociation.co.uk/property/news/canada/home-building-in-canada-beats-forecasts-29813.html
Canada Mortgage and Housing Corp. said Wednesday the seasonally adjusted annual rate of housing starts rose to 183,600 units during the month, from 178,700 units in April.

“Housing starts increased modestly in May due to an increase in multiple construction in most provinces and in rural starts,” said CMHC chief economist Bob Dugan. “The increase in multiples and rural starts was partly off-set by a decrease in single starts.”

Economists had expected overall starts of between 182,000 and 183,000 in May.

Source: FinancialPost.com

Interested in property in Canada?
Landcorp International is currently introducing investors to the opportunity to invest in Forest Lakes Country Club from £20,000 with predicted returns by the Developer of 100%+ once planning permission is achieved.

[li...]]> http://www.buyassociation.co.uk/property/news/france/ryder-cup-win-will-boost-french-golf-property-29672.html http://www.buyassociation.co.uk/property/news/france/ryder-cup-win-will-boost-french-golf-property-29672.html
The French secured the winning bid over Portugal, Holland, Germany and of course their main golfing rivals Spain, to bring the Cup back to mainland Europe for the first time in 21 years, it was announced on May 17th. The competition will take place on the stunning Golf National course on the outskirts of Versailles - a factor which was thought to have secured the bid for the country as it is both an established, already-built course as opposed to Spain’s, and its final holes have an ampitheatre-type arrangement with space for around 100,000 spectators.

Paris’s hosting of the cup will have a huge knock-on effect for the golfing industry in France in general. The sport is currently sixth-ranked in terms of popula...]]> http://www.buyassociation.co.uk/property/news/turkey/istanbul-developers-see-surge-in-demand-29643.html http://www.buyassociation.co.uk/property/news/turkey/istanbul-developers-see-surge-in-demand-29643.html
Over 102,000 migrants made Turkey’s largest city their home during 2009/10, accounting for 7.7% of Istanbul’s total population compared to 39,500 during 2008/09, data from the Turkish Address Based Population Registration System (ADNKS) shows.

This means that buying a property to rent out in the city is becoming more attractive, said Alexander Tomlinson, director of Istanbul property specialists, Gem Invest, who has lived in the city for many years.

‘Istanbul always has held a magnetic draw. Many migrants from the less developed regions of Turkey, often the east and south, relocate to Istanbul for economic factors. Due to its strategic location at the crossroads of Europe and Asia the city has become the economic workhorse of Turkey and people are understandably keen...]]> http://www.buyassociation.co.uk/property/news/brazil/brazil-reveals-strong-q1-economic-growth-29611.html http://www.buyassociation.co.uk/property/news/brazil/brazil-reveals-strong-q1-economic-growth-29611.html
According to disclosed numbers, the farming segment was one of the top responsible for the GDP figures in the first trimester, with a growth of 3.3%, followed by the industrial segment with a 2.2% increase in relation to the last trimester of 2010.

According to the IBGE (Brazilian Institute of Geography and Statistics), in the first quarter of 2011, the investment level resumed its growth registering an expansion of 1.2%. Thus, in the first three months of the year, the rate of investments reached 18.4% of the GDP a superior rate than the registered during the same period of 2009 (16.3%) and 2010 (18.2%), but slightly inferior to the 2008 (of 18.5%).

Moreover, the saving rate for the first quarter represented 15.8% of the GDP.

Source: MercoPress

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