Expat Property Abroad News

Latest 10 news items tagged Property Abroad

23 Jun at 6 PM 2015

Ex-tennis star Andrew Castle enticing British expats to Almeria

Former UK tennis ace Andrew Castle is luring expat Brits to southern Spain after taking on an ambassador role with Spanish property developer TM Real Estate Group. Castle, who was British number one in 1986 and climbed to a career high of number 80 in the world in 1988, owns a holiday home in the southeastern Spanish town of Murcia and is often seen on the courts of the renowned La Manga Club. He will now also spend some of his time promoting newly-constructed properties in Almeria. The BBC pundit, 51, said that the villas and...
4 Jun at 4 PM 2015

Raffle tickets for Costa del Sol bistro selling for €100

A generous expat couple in the Costa del Sol are to give their newly-renovated bistro and bar away to the lucky winner of a raffle, in which 10 tickets are available for just €100. The owner of the property, Michel, and his wife are not revealing the location of the bistro yet, but have said it has the potential to draw in a large number of patrons because of its spacious terrace and 50 covers. In addition, the couple have spent €25,000 renovating the kitchen, and the fully fitted property is ready to be opened as soon as the...
26 May at 2 PM 2015

Expats investing more in UK property

Expat investment in British buy-to-let property is on the up, according to offshore bankers Skipton International. The bank’s managing director Jim Coupe said that there has been strong interest from all across the globe, but particularly the UAE. He explained that many customers now considered the London property market as “overheated”, resulting in them looking elsewhere in the UK for properties with rental yields that are more appealing to but-to-let investors. With investors cautious about putting funds in to a sector they...
1 May at 9 AM 2015

Rise in British expats investing in property

The number of British expats looking to invest in property back home has been on the up since the beginning of the year, according to a leading lender. deVere Mortgages revealed that in the first three months of the year, 75 per cent of all home loan enquiries it had received were made by Brits living overseas, predominantly expats residing in regions such as the Middle East, Asia, the US and Russia. The group explained that one of the main reason for the surge in interest has been currency charges, with the pound’s weakness...
28 Apr at 12 PM 2015

British expats to be hit by NHS clampdown

British expats living in European countries such as Spain are likely to feel the full force of a proposed clampdown by the NHS. Many UK citizens living overseas often fly back to their homeland for doctors’ appointments or procedures such as operations because of the hassle involved when dealing with local health authorities abroad, particularly concerning the seemingly endless amount of paperwork that may need to be processed. However, the NHS has introduced new regulations, which will come into force in the coming days, stating...
22 Apr at 4 PM 2015

Expat couple to star on Channel 5 documentary about demolition of Spanish villa

A British expat couple will appear on Channel 5’s Horror Homes to reveal all about how their dream villa in Spain was demolished. Len and Helen Prior, who were living in the Andalucian town of Vera, saw their villa bulldozed on January 2008 because of “planning irregularities”. Despite being in possession of the required documents which were signed by the local town hall, the Priors, from Berkshire, received a call informing them that their property was to be demolished. Five years on in 2013, Helen told reporters that the...
20 Apr at 6 PM 2015

British pensioners heading overseas after cashing in on reforms

With the new pension reforms in the UK, British retirees are cashing in and heading to pastures new in foreign lands. Among the main investments pensioners are making after withdrawing substantial sums of money from their savings are holiday homes abroad with, unsurprisingly, Spain being the most popular destination. Chancellor George Osborne introduced reforms earlier in April that enable people over the age of 55 to make unlimited withdrawals from their pensions. Although the majority of people in this bracket are not looking for...
7 Apr at 12 PM 2015

Properties in Costa Calida proving to be popular amongst expats

There seems to be a recent return of foreign buyers in the Costa Calida region. According to figures which have recently been released, the amount of property purchases made by foreigners in the final quarter of 2014 are rising compared to figures recorded in the same region during 2013. Last year, there was a total of 11,040 properties bought in the Murcian Region which was an increase of 11.9 per cent compared to the previous year. Out of this total, non-Spanish buyers rose 11.4 per cent from 2013. Some 2,338 properties were bought...
3 Apr at 12 PM 2015

Gibraltar murders: Adults’ state of mind to be investigated by experts

A 31 year old British man and 37 year old Spanish women were found dead along with two children in Gibraltar on Monday. The police are looking into both the adult’s state of minds. According to police, the names of the deceased are being withheld until the arrival on the Rock of their next of kin. Two girls, one aged four and the other six months, were found dead at the murder scene and have since been removed and taken to St Bernard’s hospital. Eddie Yome, police commissioner, said that until Doctor Carey who is an expert...
1 Apr at 12 PM 2015

After a string of burglaries, Benidorm murder victims tried to sell their house

The British couple who were recently murdered in their villa in Benidorm previously experienced two robberies and had put their property on the market in order to move closer to their son in Mallorca. Their three bedroom villa had reportedly been put up for sale for €230,000 after they had been burgled twice so that they could move to Palma de Mallorca and live near their son Sasha. Peter and Jean Tarsey were found dead in their villa on Sunday Afternoon in Xalo when their dinner guests raised the alarm after arriving at their...