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Property Newsletter - October 2016 Welcome to the Expat Network Property Newsletter for October. This new information source introduces you to the world of property purchase at home and overseas. In this first edition we consider why Britons are still favouring property purchase in France and the moderation of the property price increases in Spain. We also guide you through the processes of buying property in Portugal. I hope you enjoy this newsletter. I welcome your thoughts on other topics you would like us to cover. Or do you have your own tale to tell or question to ask about property? Let me know. Feel free to forward this newsletter to anyone who you think may benefit from reading it. Just click on Forward to a friend or colleague below. Nigel Ayres CEO
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Britons Still Favour French Property
UK buyers are the most important group of non-resident investors in France, accounting for 34 per cent of all transactions in 2015, up 44 per cent on 2014. The figures come from a survey by the Notaires de France, BNP and Rightmove, the UK property portal.  |
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Rise In Spanish House Prices Moderates
According to the latest House Price Index data published by the National Statistics Institute, the price of housing in Spain increased by 3.9 per cent year-on-year in the second quarter of the year, which is almost two and a half points less than the 6.3 per cent year-on-year increase registered in the first quarter. |
Make sure you understand the correct procedures to smooth the process of buying property in Portugal. Estate agents there must be licensed and qualified, so ask to see their INCI certificate and AMI licence. Among Portugal’s largest online property portals are casa.sapo.pt and imovirtual.com, or a specialist such as meravista.com in the Algarve. |
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Read Your Free Expat Living Magazine
The Autumn edition of Expat Living magazine is now available to read completely free of charge. You can learn about life in China and Italy, property purchase in North America, whether you are properly insured, and why an offshore bank account may be useful. |
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