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Brazil's Central Bank has doubled the amount of money that citizens can transfer overseas as wealthy Brazilians continue to buy up property abroad.
IKEA has already entered the real estate market with its flatpack US homes, but now the company is assembling something much bigger: a town. Strand East, near London's Olympic Park, will house 6,000 people in an effort to provide affordable accommodation. But bargain-hunting Brits still have their sights set overseas, as research reveals 25% of buyers believe it is cheaper to own a property abroad than in the UK.
Indonesian investors are surging into London homes, according to Knight Frank research. The London property market, long a target for overseas investors seeking a financial safe haven has a new group of buyers ready to pounce, with interest increasing from Indonesia-based purchasers by over 100 per cent in 2011.
Investors dialled "M" for Miami in March, reveals TheMoveChannel.com's latest Investment Watch. The report, which ranks the monthly level of interest in the portal's listings, saw the Magic City's tenanted condos receive the most enquiries last month, ranking above golf resorts in Murcia and Malaga.
The Dominican Republic is a contender for best overseas property market, claims one financial advisory company.
Fractional ownership rose by 4 per cent in 2011, according to a new report. The review of the market sector analysed activity in America, Canada, the Caribbean and Mexico and found that there are "green shoots of recovery" starting to appear.
Wealthy Russian buyers have spent $1 billion on luxury American houses in the last four years, World Property Channel revealed this week, not to mention the extra millions spent on home improvements.
Tax evasion is a major problem for the UK economy, but it is bringing more overseas buyers to British shores as wealthy French investors flee tax on home soil.
2012 is going to be "a bumper year" for residential property in Germany, according to Savills.
Spain is the fourth most popular country for rich property buyers looking for second homes, according Knight Frank's latest annual Wealth Report.
With a flourishing hotel sector as well as booming office and industrial markets, commercial real estate in Brazil looks set to continue growing well into the future with Jones Lang LaSalle Hotels citing that the nation's hospitality sector offers a great deal of prospects for those who wish to invest in Brazilian real estate.
The global financial crisis has caused all manner of upsets in the world's housing markets, but none are quite so impressive as the plummeting price of one Irish penthouse. The home, located in Dublin's city centre was worth €4m at the peak of the property boom, but is now listed on the market for just €575,000 - a staggering drop of 86 per cent.
Spain has said no to plans to create a drug village to help pay off the country's mounting debt. The proposal, which would have seen seven hectares of the small village of Rasquera turned into a large marijuana farm, was ultimately rejected by the local council over fears of legal fines. But even in the current market conditions, Spain has hit financial highs without the aid of narcotics.
Singapore's plans to cancel its investment scheme for foreign buyers will not stop real estate investors, agents have declared this week.
Mortgage rates in the USA have dropped to yet another all-time low this week. The 15-year fixed rate mortgage fell at the beginning of April by 0.1 per cent compared to the previous week and over a whole per cent compared to last year, Freddie Mac's latest survey revealed.
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