The Market for Sicily Property Offers Room for Growth

What’s the likelihood that Sicily property is bucking the global financial turmoil that is plaguing so many countries around the world, including mainland Italy and is currently recording strong capital growth? It's not, is unfortunately the answer. “The economy is declining,” says Giuseppe Giliberti, director of Hamptons International. Even before the global credit crunch took hold, Sicily’s property market, plagued by a strong mafia presence, and with corruption generally considered to be ...

Fractional Ownership - Owning a Slice of the Action

As the global economic situation sends shockwaves around the property industry, more and more developers - and buyers - are looking to fractional ownership. The dream of owning a home overseas still beats strong in the heart of most Brits - the recession can't change that. But potential buyers are being forced to cut their cloth according to the current financial turmoil, and they are finding that fractional ownership is an attractive solution. Consequently the number of developments available ...

Turkey Property is a Wise Buy in the Current Economic Climate

Turkey has developed a reputation as a value-for-money destination, helping to boost the country’s popularity as a property investment destination. Spurred by relatively cheap property prices, demand for Turkey property is growing.Weak Turkish currency A recent report from the Post Office named Turkey as one of the world’s most affordable places for Brits’ to visit, due to sterling’s strength against the Turkish lira. Yet, the Turkish currency is expected to fall in ...