Looking to sell a Marbella apartment? We may be in a position to help. We have a number of investors currently looking for product along this coastline and, when they are interested in a property they can act quickly to complete the deal.
Golden Visa threshold increase, banning of holiday rentals, non-Spanish residents being required to declare overseas assets and a reduction in the notice period required of tenants who wish to leave a property. It appears the Spanish government really doesn’t want overseas investors to prop up its ailing property market.
Spanish Property Prices are quite variable. There have been some increases in the Canaries and Balearics but continuing bad news on the mainland as prices continue to stagnate.
It may seem obvious, but Cypriot property prices are likely to fall steeply. What is less obvious is the affect on overseas owners there, which could be severe. On the ‘ill wind’ front, however, there could be some great bargains to be had.
Former MRI Overseas Properties clients are being targetted by a guy called Roger James purporting to be from a company called International Administration. This is a total scam to defraud former MRI clients out of further funds.
The Turkish Government has hiked the VAT or KDV rate on Off-Plan property purchases by 18% from 2013 onwards. This could have a significant effect on the Turkish property market.
Clients of MRI Overseas Properties, have expressed ‘dismay’ at what they have termed a ‘bizarre decision’ by Judge Beatriz Fernandez in a Marbella court to to claim ‘lack of jurisdiction’ over their furniture case.
A client of MRI Overseas Property has issued a press release looking for investors in the Cabonuba development on Sal, Cape Verde. It is intended to take a class action against MRI to recover funds invested in the project.
Contrary to what you may be led to believe by the media, Commercial Property Investment Overseas has been, and still is, very successful for investors that took the time and effort to research markets properly.
Darragh MacAnthony has announced the launch of a new Media initiative called MacAnthony Media, that he claims will bring the Media in a new direction.
