Island
Stamp duty increase set to slow down property sales in Hong Kong
An increase in stamp duty rates in Hong Kong is expected to drag down the number of residential sales but prices should remain steady due to strong end-user demand and a robust primary market. Overall the property market remained active in October with sales volumes reaching 6,601 units, doubling the level of a year ago, […] The post Stamp duty increase set to slow down property sales in Hong Kong appeared first on PropertyWire . Continue reading →
Foreign buyers pushing up sales in coastal areas of Spain, new research suggests
New data from the Spanish registrars suggests that Almeria on the south east coast of Spain is the country’s new property hotspot for British buyers as sales to all foreigners increase. An analysis of the sales figures by Spanish real estate portal Kyero along with its own research shows it is racing ahead of other […] The post Foreign buyers pushing up sales in coastal areas of Spain, new research suggests appeared first on PropertyWire . Continue reading →
Dubai property sales down by 24% in third quarter of 2016
Residential property sales in Dubai fell by 24% in the third quarter of 2016 compared to the previous quarter and prices and rents were all down slightly, the latest data shows. Villa and apartment prices both fell by 1% and rents were also down 1% quarter on quarter, according the Dubai residential report from international […] The post Dubai property sales down by 24% in third quarter of 2016 appeared first on PropertyWire . Continue reading →