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News: TheMoveChannel.com launches 4 new property guides!

Tue, 05 Jun 07

TheMoveChannel.com today launches 4 new country guides as part of its ongoing series on buying, owning and selling residential property around the world...

Leading property portal TheMoveChannel.com today launches 4 new country guides as part of its ongoing series on buying, owning and selling residential property around the world.  After having kicked off the series with a guide to French property that went live on the site earlier this year, there will now also be Portuguese, Spanish, Polish and Italian property guides available to view free on TheMoveChannel.com.

Dan Johnson, Director of TheMoveChannel.com, commented: "Spain, Portugal and Italy are already very popular places for Brits to buy homes abroad and interest in Poland is rising rapidly.  For this reason, we thought it important to provide our customers with free, invaluable guides to investing in these property markets on TheMoveChannel.com.  Buying property will always be a stressful experience given the amount of money involved.  However, through proper preparation and research, you’ll at least know what to expect and so be able to keep potential headaches to a minimum."

Johnson continued: “These free guides highlight key issues to consider before buying property abroad such as tax, mortgage finance and inheritance.  Each guide is intended to offer an accessible “crash course” on property in the given country so that investors who are new to this market can quickly swot up on the key questions to ask when doing their research and consulting their lawyer and local estate agents.”

Three European favourites and a rising star in the east...

Spain is the most popular country for Brits to own a second home abroad with 70,000 people having bought there already.  With the enduring appeal of the sunny Costa lifestyle, southern Spain now has a significant expat community.  Indeed there are now 15 towns in Alicante alone where the number of foreign residents outnumbers the local Spanish population. 

After Spain, France and the USA, Portugal is the fourth most popular place for Brits to own a second home abroad with 5,000 people having bought there already; a major draw of the country is its fabulous golf developments.  In fifth place comes Italy with 2,500 Brits owning second homes there.  With its sublime climate and cuisine, it’s not hard to work out why the British just can’t get enough of Italy.

Dan Johnson commented: "Spain, Portugal and Italy are three longstanding favourites with Brits buying property abroad and it’s not hard to understand why.  Between them they offer fabulous beaches, stunning golf courses, delicious cuisine and rich local cultures all only a short flight away.”

Poland is a rapidly rising star among the emerging property markets in Eastern Europe.  Along with 10 other countries, Poland joined the EU in 2004.  Since then, interest in its property market has gone stratospheric.  Poland topped Assetz’ most recent Property Investment Tracker offering investor’s a 165% return on cash invested according to the investment specialists.

Dan Johnson commented: “Since joining the EU in 2004, the Polish property market has gone into overdrive, driven by a rapidly expanding economy and considerable interest from foreign investors.  This market houses a lot of variety from ski property to lucrative city buy-to-lets.”

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