How Fluctuating Exchange Rates Can Affect The Price Of An Overseas Property
The foreign currency market is the largest and most traded financial market in the world, with more than $6 trillion traded each day, and over 80% of the foreign currency trading is for speculation purposes. The main drivers that influence exchange rate movements are economic and geo-political events, and technical trading by investment banks. These...
New Data Dispels ‘Brits Abroad’ Cliché As More Expats Look For Richer Cultural Experiences
A new survey conducted by overseas property consultants at YourOverseasHome.com reveals that prospective expats are looking to embed themselves in the culture of their new home country, as most want to live amongst the locals abroad and learn the language of the country they’re buying in. The survey gained over 4,000 responses from people who...
Buying Property In Portugal
Portuguese estate agents must be licensed and qualified, so ask to see their INCI certificate and AMI licence. With typical agent fees of more than 5%, private sales are common – look out for boards saying vende-se or para venda. By Christopher Nye Among Portugal’s largest online property portals are casa.sapo.pt and imovirtual.com, or a...
Cost Of Living Crisis Prompts Increase In Young Brits Looking For Property Abroad
New data has shown a 31% increase in young British people (aged 18-24) looking for overseas property in Europe in the last three months of 2022 vs the same period in 2021, as the cost of living crisis in the UK, combined with growing unaffordability of UK housing appears to be prompting more young people...
Moving Abroad? How To Prepare Your Home For A Quick Sale
As a prospective expat looking to sell up and move abroad you should think about how to prepare your home for a quick sale. Property experts from Your Overseas Home have revealed seven top tips to help sellers get their homes ready for market, so they’re snapped up fast. House prices...
Increase In Americans Moving To Portugal
There seems to be an increase in the number of Americans deciding to move to Portugal. Factors including increasing cost of living and a growing trend for remote working have led to a significant surge of interest from Americans buying property in Portugal Data from Kyero.com, the leading online platform for...
Buyers Reveal Most Desirable Holiday Home Must-Haves
Prospective expats and holiday home owners have revealed the non-negotiable features in their dream property. In a survey of over 1,500 home hunters conducted by overseas property consultants at YourOverseasHome, 71% of respondents stated that being within walking distance to shops and cafes was essential, while 68% needed a garden, and 54% wanted a good...
Half Of Overseas Owners Plan To Work From Their European Holiday Homes
50% of people buying abroad are now considering working from their European holiday homes, new research reveals. In a survey of nearly 600 home hunters conducted by overseas property experts Your Overseas Home, half of respondents said they may work from their holiday home once they’ve found their ideal property – proof that a home...
The Kyero European Overseas Property Market Tracker: Q2 2022
A quarterly overseas European property market tracker based on market leader Kyero.com user data. Updated quarterly, benchmarking three key areas; average asking price per overseas market (Spain, France, Italy, Portugal), numbers of properties for sale per country and consumer interest in each country. Key findings for Q2 Average asking prices for European properties remains...
Record-Breaking Year For European Overseas Property Buying
2022 is set to be record-breaking year for moving overseas, as ‘expat-preneurs’ search for property in the sun. Kyero have seen an increase in buyer interest and have conducted a survey to identify the reasons people give for their overseas property buying. 2022 is set to be a record-breaking year for...
Digital Nomad Visas Prompt Continued Interest In European Property
New data released today from overseas property portal Kyero.com shows increased interest in European property from overseas buyers in the first three months of 2022, which it partly attributes to the rise of digital nomads looking to work overseas post-Covid, and new visas being introduced encouraging them to do so. ...
Portuguese Mortgages – Frequently Asked Questions Answered
Portuguese mortgages follow different rules to those you may be used to in the UK or in the US. Here Mortgage Direct, a leading mortgage broker in Portugal, provide answers to the frequently asked questions from expats looking to take out a Portuguese mortgage. Written for Expat Network by Mortgage Direct ...