London being hit by lack of Asian buyers
The 50-storey Damac Tower development in Vauxhall – containing 360 new apartments – is said to be a good example.
Overseas Property Investment News
Whether you are an existing landlord or want to Buy-to-let, whether you are a property developer or looking for your first investment project - the latest overseas property investment news and stories from around the world (Europe, Asia, Africa, The Middle East, North America, and South America) covered on Property Investor Post are an essential daily read.
Amsterdam pushing landlords away from cheaper properties
Homes worth less than €512,000 in Amsterdam now must be lived in by the legal owner for at least four years.
There are enough signs suggesting a correction is in the offing
A correction is likely in the making, and may hit anytime.
International buyers returning to the market
Searches using Legal & General Mortgage Club’s SmartrCriteria tool on behalf of international buyers rose by 160% in August.
Portuguese housing market booming as restrictions ease
The country has started relaxing its restrictions on restaurants, shops and shows, while fully vaccinated UK travellers can now travel to the nation without a test.
Berlin votes to seize properties from major landlords
The proposal has received 56% support, with 39% against, and would apply for landlords owning more than 3,000 rental units in the German capital.
Are investors ignoring golden property investment rules?
The so-called 1% rule implies the monthly rental income from any investment property must be at least 1% of the purchase price.
Florida landlord threatens unvaccinated tenants with eviction
He is also terminating the contracts of employees working at the buildings who won’t show proof that they’ve had at least one vaccination.
Canada housing market stagnating as prices fall
Sellers normalise high prices, and become reluctant to accept less.
Lift filled with blood found in Toronto
The Toronto Police Service reported “a large quantity of blood was located in the hallways and elevator” on Sunday, though no victims were found.
