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French interest rates at lowest level since 1945, attracting property buyers to France
France has one of the highest levels of second-home ownership in the world, and borrowers are now buying second homes in France after mortgage rates fell to the lowest level since the postwar period last month.
October saw average French interest rates fall to their lowest level since World War II. The average rate now stands at 3.30%, down from 3.40% the previous month. One of the reasons rates are now so low is that the interest rate on long term government debt ... Read more...
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Italy continues to tempt second home buyers and property investors
Irresistibly exciting and tantalisingly beautiful, Italy has it all. The country has a wonderful reputation as a holiday destination, with gorgeous beaches, stunning countryside, world renowned works of art and music, magnificent architecture, as well as the finest in fashion and food.
The country is the seventh biggest global economy with a broad based economy and an export industry almost on par with France and well ahead of the UK.
Italy is also one of the most sought-after destinations for property investors. The property market has remained stable compared to other European destinations, mainly due to Italy’s small mortgage market, which at 20% of GDP is well below the EU average... Read more...
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Thailand comes top in world’s largest expat lifestyle survey
“The Expat Explorer Survey 2010” report has named Thailand as the best country in the world to live in terms of quality of life, followed by Bahrain, South Africa and Canada.
Commissioned by HSBC Bank International, the Expat Explorer is the world’s largest and most comprehensive global survey of expats. The report focuses on expats experience of setting up in a new country of residence and integrating into local society as well as their quality of life in comparison to where they previously lived. Read more...
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