House prices in France are expected to continue to rise in 2023, but at a slower pace than in recent years. The Notaires de France, the body of French property lawyers, predicts that house prices will rise by an average of 5% in 2023. This is still higher than the long-term average of 2%, but it is a slowdown from the 7% growth seen in 2022. The slowdown in house price growth is being driven by a number...
The French property market is expected to cool down in 2023, but it will remain strong overall. The main drivers of this slowdown are rising interest rates, inflation, and a shortage of houses for sale. Rising interest rates The Bank of France has raised interest rates several times in 2022 in an effort to combat inflation. This is expected to continue in 2023, which will make it more expensive for...
Spain is a popular destination for overseas property buyers, and the trend is only getting stronger. In 2022, there were 88,800 transactions involving international buyers, and the first quarter of 2023 saw a further 23,380. There are a number of reasons for Spain's popularity with international buyers. The country has a warm climate, beautiful beaches, and a relaxed lifestyle. It's also relatively...
According to the European Mortgage Federation (EMF), Spain had the third lowest average interest rate on a mortgage loan in the first quarter of 2023, at 2.67%. Only Portugal and France had lower rates, at 2.63% and 2.5%, respectively. Spain has been below the European average for several quarters. In the third quarter of 2022, the average European interest rate was 3.48%, but Spain's rate was 42% lower,...
The Alicante real estate market has rebounded strongly after the pandemic, with sales reaching a 15-year high in 2022. About 60,000 transactions were concluded, of which the majority were by foreign buyers, mostly from Europe. The focus was on the secondary residential market, with prices rising in both the capital, Alicante, and the tourist areas of the province. The lack of new construction was a...
The blue coast of Turkey is a popular choice among buyers looking for second homes in the sun. Southwest Turkey, often known as the Turkish Riviera, is a great place to invest in real estate because of its many beaches, peaceful towns, and historical landmarks. About twenty years ago, this pattern began, and many non-Turkish people have since relocated there to experience the beauty and hospitality of...
Here you may find out how far your dollar will go in Spain if you have your sights set on a visit there. Find out what you can obtain for a budget of €300,000 with our guidance. Over seventy-five percent of those wanting to purchase a home in Spain had a budget of €300,000 or less, according to a recent poll conducted by Property Guides Spain. Here are five areas to target where you may purchase...
Despite their extreme distance from Britain, Australia and New Zealand are huge markets for overseas sellers. That's why! Both Australia and New Zealand have a lot going for them: widespread English proficiency, stunning natural scenery, and hip, rapidly developing urban centres. It might be difficult to choose between the two options available. We take a look at how the two largest countries in...
The procedure of selling an Italian home is intricate. While not as challenging as actually purchasing one, it does need careful attention to detail. That's why it's best to work with someone who is fluent in Italian and English and has extensive experience in both Italian and foreign property law. Considering that pre-contractual responsibility is recognized under Italian law. If one of the parties is...
Do you want to sell your Italian home overseas? It's important to arm yourself with as much knowledge as possible before attempting to sell a home in Italy. However, you need not worry; we at Esales aim to facilitate the sale of your Italian home in the simplest way possible. See our detailed checklist before you sell your Italian home to a foreign buyer. Learn the facts. Get in touch with a...
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