£79m Penthouse Is New York’s Most Expensive Home

As analysts announced that sales of real estate in the US are picking up, one of the country’s most expensive homes is just gone on a market. The property looks set to be listed for £79 million and…

Visa-free travel riddle for Cyprus property buyers

Confusion reigns over whether property buyers from China and Russia in Cyprus are entitled to visa-free travel throughout the European Union. In theory, a non-EU resident buying property in Cyprus is…

World Gets Poorer But The Wealthy Are Still Richer

The number of ultra-wealthy people has soared despite the global downturn, according to a new report.Around 63,000 people around the world have assets of more than £62 million – a rise of 29% in these…

Pushing Back the Property Frontiers in Peru

Investors seeking to push back property frontiers by leading the way to new markets are looking to Peru.One of South America’s lesser known destinations, Peru is on the Pacific coast across the Andes…

Size does matter when buying a home

If you are floored by the reliance on quoting how much space homes for sale offer, you need to get to grips with house sizes.Sellers and realtors in the US are particularly fond of quoting the number…

Working out your personal return on property

Returns on property investment are very personal - with some owners working to a strict formula while others are almost philanthropic in their attitude to money.In the end, how to evaluate a return on…

Pop singers home for rent for $18,000 a month

Singer Natasha Bedingfield is looking for a tenant for her Los Angeles, California, home for a cool US$18,000 a month.The Laughlin Park walled and gated estate boasts a five-bed and five bathroom home…

Did you get a flat because your landlord fancies you?

Your landlord’s preference for men or women could be the deciding factor in whether you are picked as a tenant.Luckily, most tenants can breathe a sigh of relief because the decision is not based on…

India moves to clean up off-plan property scams

The Indian government is preparing to introduce tough new laws aimed at rooting out unscrupulous developers who scam home buyers out of cash by failing to finish building off-plan properties.Speculators…

House price rise in Australia fails to excite market

House prices in Australia are at a standstill - with the first rise in more than 18 months nudging values up by just 0.5%.The Australian Bureau of Statistics index for the three months ending June 2012…

Regulators get tough with rogue Dubai property brokers

Time’s running out for Dubai estate agents to sign up to Simsari, the region’s only official online property portal.Agents have until August 31 to take a mandatory subscription to list their properties…

FAQ: Buying a bank-owned home in the US

With just over a million US homes at some stage of foreclosure, many property investors will want to look at buying a bargain bank-owned property. The highest foreclosure rate is in California, according…

French house sales plummet by 15% in a year

French estate agents are reporting the number of house sales has plunged in the last quarter following the election of socialist President Francois Hollande and the introduction of new wealth and property…

Jay-Z and Bouncy rent a castle for £255,000 a month

Bouncy’s castle is costing her and hip hop husband Jay-Z a staggering £255,000 (US$400,000) to rent for just a month this summer. The superstar family didn’t flinch at all at the the price tag for…

Dubai delights in 25% surge in property sales

Buyers are returning to the market in Dubai as the latest official figures show a bumper 25% surge in property transactions in the first six months of 2012.Compared with the relatively flat market in…

Smallest home measures just a metre square

Buying a bigger and better home is the dream of many - but some designers are going in the opposite direction and coming up with ever decreasing living spaces.The world’s smallest home has a floorspace…

Brits are biggest losers as Bulgaria prices bounce back

House prices are bouncing back in Bulgaria as sellers are achieving asking prices, according to the latest property report - but British sellers are making losses of up to 70%.Bulgaria has suffered from…

Don’t let estate agent speak fool you

Property agents have a cryptic way of managing to say something that means something completely different to unsuspecting buyers. To help decode some of their finer turns of phrases, here’s a quick…

Florida property deals hot up as prices rise

House prices in Orlando, Florida, have soared by almost a third in the past year, according to estate agents.Values have risen by 16% in the first six months of the year - from $108,000 to $125,000 -…

Spain is still favourite place in the sun for Brits

Brits still have a love affair with property in Spain - but the latest revelations about online property searches include some surprise destinations.Spain is way out in front as the most popular place…

California leads the way for US property hotspots

Top property hot spots for sellers in the USA are San Francisco, San Jose and Las Vegas.Demand is soaring and homes are selling at or near asking prices, according to data from property portal Zillow.Half…

Top tips for buying an overseas property

Most people who enjoy a holiday abroad fall in love with the lifestyle, sunshine and exotic promises of the country or city where they stay. The temptation of looking at an estate agent’s window to…

New rules aim to choke mortgages in Canada

Mortgage restrictions aimed at tightening the flow of funds to borrowers are expected to slow the Canadian housing market over the coming months.House prices are still rising - up 6.39% in the year to…

Spanish home prices still falling

Average asking prices of Spanish property have tumbled from €267,000 to €245,000 in the past three months – an 8% reduction.However, property portal Kyero is reporting sellers and agents are pricing…

Dubai home rents and prices bounce back

Dubai rents and property prices  are bouncing back after three years of disappointing performances.Apartment rents climbed 6%, while villa rents surged by 9% in the second quarter of 2012, according…

Eurozone rate cut may see property prices drop 2%

Cutting eurozone interest rates is likely to have a negative impact on house prices and construction in the short term, according to the Royal Institution of Chartered Surveyors (RICS).The European Central…

Luxury home rentals slow as eurozone crisis bites

Prime residential rents are increasing at the slowest rate in three years as the eurozone dampens business confidence and halts corporate relocations.Lettings across the world have grown by just 1.7%…

Tripp Avenue is a memory lane for Disney fans

Although 2156 Tripp Avenue, Chicago, does not stand out from hundreds of similar homes on the market in the city, this is a special place for many movie-goers.The ordinary looking three-bedroom house…

Pop heartthrob hands over keys to condo after repo threat

Pop heartthrob David Cassidy is handing the keys of his $1.35 million condo to the bank rather than face a repossession.Cassidy has had foreclosure papers served on him by his bank - but after speaking…

Middle East must do more to gain property buyer trust

Trusting the market is one of the factors that underpins buying property overseas.After all, if a property buyer cannot assess whether the price of a home is fair and understand the costs and risks associated…

Buy property in Dubai and get a free yacht

Wealthy Dubai property buyers who can afford to splash out US$1 million or more on a home, office or shop can take their pick from a fleet of up-market boats and yachts as a free gift.Developer Damac…

US may offer visas to tempt overseas home buyers

The US is ready to attract lure foreign investors to buy homes by offering special property visas to homeowners.The deal is aimed at wealthy investors who buy a home worth at least $500,000 and live in…

Bid to build the world’s tallest skyscraper in just 90 days

A Chinese building firm is aiming to construct the world’s tallest building in just 90 days.Broad Group is readying to build Sky City One, a tower stretching 2,750 feet (838 metres) in to the skies…

Irish homes head for more gloom as prices plunge

Doomsayers are queuing to pile more pain on Irish homeowners and property investors.Credit rating agency Moody’s warns house prices may plunge another 20% before the market bottoms out - and that’s…

Hong Kong home market heading for crash, predicts RICS

Property experts are concerned the Hong Kong housing market is about to collapse and faces significant price falls.The battle between the government and property developers to cool the Hong Kong housing…

Price stability boosts confidence in US property

The US housing market seems to have bottomed as prices start to stablilise and sales start to increase.The market generally seems to feel better for owners as sellers as mortgage arrears and foreclosures…

Cyprus home prices slump over bank uncertainty

Property prices and rents are falling in Cyprus as overseas buyers put off buying in fear of fall-out from the eurozone crisis may trigger more economic turmoil.Cyprus ailing banks need at least €2…

Property’s rollercoaster love affair with theme parks

Property investors have a rollercoaster relationship with theme parks that boost house values.The latest is Paramount Murcia in Southern Spain, where holiday apartments and villas close to the park and…

Asia Pacific property price hot spots start to cool

Government intervention has cooled speculative investment in Asia Pacific homes that threatened to superheat the property markets in several countries, according to a new study.The result is ‘varying…

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Spanish house sales and prices keep on sliding

Problems with banking and the euro have put the brakes on Spanish house sales, which dropped by more than a third in the first three months of 2012.Sales tumbled 5.7% in the first quarter of the year,…

Homeland star Claire Danes selling $6m New York loft

Homeland TV start Claire Danes has listed her New York loft for sale with an asking price of US$6 million.The apartment in trendy bohemian district of Soho has 16 windows looking out over the city.Other…

Florida shatters visitor and property price records

Orlando, Florida, one of the world’s favourite destinations for holidaying Brits and expats, hosted a 55 million foreign visitors in 2011, according to new research.The Sunshine State’s predictable…

Paramount Murcia countdown kicks off in style

Spain’s Paramount theme park has taken the first real step forward with a ceremony to lay the foundation stone for the flagship development that has come to represent a new start for the economy and…

Global house prices slump to three-year low

Global house prices are showing the weakest performance in three years as worldwide economic turmoil knocks buyer confidence and restricts cash for loans.The Global House Price Index from international…

Homes for sale that have starred in movies

Actors aren’t the only stars of movies - some of the homes have played supporting roles as back drops to the action and drama.Here’s a look at some of the most famous unsung housing heroes:The murder…

Wealthy expat homeowners face new UK property taxes

Overseas property investors buying homes in the UK with companies face a tough tax crackdown.The British government wants to introduce new taxes for owners of homes worth £2 million or more.HM Treasury…

Irish house prices plunge 50% in five years

Irish house prices have dropped an average 50% in value since the height of the market in February 2007, according to the latest official statistics.The capital Dublin has suffered the worse price plunges…

Choosing the right QROPS offshore pension

Choosing the right offshore pension to match personal financial needs is a task that needs precision planning. The most popular offshore pension is a QROPS - short for qualifying recognised overseas pension.…

More evidence US house market may have bottomed out

House building in the USA seems to be recovering from a five year slump as the number of home starts hit the highest level since 2010.Building homes contributed 0.4% to US economic growth in the first…

The seven most expensive homes in the world

As property prices fall in most places around the world and hard-pressed homeowners struggle to keep their mortgage repayments, not everyone is suffering financial problems.The most expensive home in…

Property market warms up in Sunshine State

Florida property sales and prices are up for the third year running while the number of homes on the market is dropping, according to estate agents.The average price of a family home in Florida is US$144,350…

15 million dollar Hollywood home with a hallway of fame

The Hollywood home of movie star and entertainer Zsa Zsa Gabor comes with a enviable roster of rich and famous visitors.The 95-year-old actress has her own hallway of fame to greet guests, who have included…

Derelict ghost village sold

An entire ghost village in France was sold for just €520,000 (£268,000) at auction to a New York based photographer.The photographer, Ahea, from Sotuh Korea, has not indicated what he plans to do with…

The top 10 coastal towns for happy living in the USA

Living in the USA is more than tall buildings, lights and shopping - the oceans and lakes provide beautiful scenery and a safe haven from the cities that never sleep.For house hunters seeking a more laid-back…

Christopher Robin’s £2m Pooh Corner home for sale

For lovers of AA Milne’s happy bear, the House at Pooh Corner is for sale.Grade II listed Cotchford Farm in East Sussex is surrounded by the setting that inspired the tales of Pooh, Eeyore, Piglet and…

New York apartment sells for a record $90 million

A plush Manhattan skyline apartment with stunning views over New York has sold for a record $90 million.The developer is tight-lipped about the exact purchase price and the identity of the anonymous buyer…

Expat property restrictions lifted in Bulgaria

Despite attracting buyers from across the EU, the property market in Bulgaria has been held back because laws prevented foreign nationals from owning land or homes.The Bulgarian government was allowed…

Cheers to TV’s Kelsey Grammer as he snaps up $6.5m home

Here’s cheers to Kelsey Grammer for completing the purchase of yet another plush home to add to his multimillion property portfolio.Grammer, who became a star in the Boston bar comedy Cheers reprised…

Brits snap up Spanish property bargains as prices drop

Expats and second homers have not lost their appetite for a place in the Spanish sun despite the country’s economic woes.Buyers are picking up great homes at bargain prices as the banks rush to divest…

Top 10 global cities for house price increases

Property prices in the world’s major cities are sluggish with an average 0.4% drop in prices during the first three months of the year.Looking behind this year’s figures shows many cities show prices…

€170 billion property debts drag down Spanish banks

Massive property debts are dragging down the banks in Spain as the government was forced to bail out the country’s third largest Bankia.Frob, Spain’s bank bail out fund, pumped in €4.47 billion…

Condo frenzy fuels property crash fears in Canada

Canada seems to be hurtling for a property crash as condo building hots up with housing starts soaring by 17% in the past year.Lenders and economists are drawing comparisons with the UK property bubble…

German property market hits a record high

Property prices in Germany have hit a record high after years of sluggish performance, according to the EUROPACE house price index.The monthly increase of 0.69% in March shot the index to the record high…

For sale - US towns complete with stores and trailer parks

A cool $2.5 million will buy an investor almost the entire town of Toomsboro, Georgia (pop 700).Not quite all the town is for sale, some residents hasten to add, but those millions will make the buyer…

French home sales up 9% but prices may slide

Property sales in France hit a new high last year despite the eurozone wobbling under the stress of sovereign debt.Unlike Italy, Portugal and Spain, France has not seen any great slide in property values…

Mission Impossible 4D gives Murcia prices a new dimension

Mission Impossible 4D is adding an extra dimension to property prices around the development of the Paramount Theme Park in Murcia, Spain.Murcia prices were in the doldrums until announcement of the massive…

Property prices in Spain and Portugal in freefall

Property prices are plunging in Spain and Portugal as financial pressures continue to stress the economies and show no sign of abating.Standard & Poor’s has slashed Spain’s credit rating by two…

Breakfast at Tiffany’s house sells for $5.85 million

The house that starred as Holly Golightly’s home in the movie Breakfast at Tiffany’s has sold for almost $6 million - despite being on the market for just $5.85 million.Iconic star Audrey Hepburn…

Empire State loses tallest skyscraper in New York crown

New York is about to have a new tallest building as One World Trade Center claws up in to the skies ahead of the Empire State Building.The new World Trade Center is rising from the ashes of the twin towers…

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Welcome to our new Propertyinternational.com website. We are currently updating the pages and feeds are still being downloaded so you may see some missing text and images. But please do not let that put…