Overseas Buyers
Lack of supply pushing up property prices in Portugal
Falling supply at a time when demand is rising is helping the residential property market in Portugal recover with the latest index report showing prices are rising. Like its neighbour in Spain, the property market in Portugal was hit hard by the global economic downturn with overseas buyers falling but now estate agents are seeing […] The post Lack of supply pushing up property prices in Portugal appeared first on PropertyWire . Continue reading →
Buy to let lending in UK still well below levels a year ago, latest data shows
Lending to buy to let landlords in the UK is recovering from a dip but the value and number of mortgages in this sector is still significantly lower than a year ago, the latest data shows. Gross buy to let lending declined in September compared to August and remained down on year earlier levels but, […] The post Buy to let lending in UK still well below levels a year ago, latest data shows appeared first on PropertyWire . Continue reading →
Cyprus property market showing signs of recovery
There are tentative signs that the property market in Cyprus is recovering with prices and sales rising and a return of interest from overseas buyers. The latest quarterly index from the Royal Institution of Chartered Surveyors (RICS) shows price increases in almost all cities and particularly in Larnaca while the latest monthly data from the […] The post Cyprus property market showing signs of recovery appeared first on PropertyWire . Continue reading →