Taking Moroccan Developers to Court
Taking Moroccan Developers to Court – unfortunately, for most investors in Morocco that have not received their property – there simply isn’t any other solution to the problem.
Search Results for: spain
Selling Marbella Apartment
Looking to sell a Marbella apartment? We may be in a position to help. We have a number of investors currently looking for product along this coastline and, when they are interested in a property they can act quickly to complete the deal.
New Spanish Laws to Deter Investors
Golden Visa threshold increase, banning of holiday rentals, non-Spanish residents being required to declare overseas assets and a reduction in the notice period required of tenants who wish to leave a property. It appears the Spanish government really doesn’t want overseas investors to prop up its ailing property market.
Spanish Property Prices
Spanish Property Prices are quite variable. There have been some increases in the Canaries and Balearics but continuing bad news on the mainland as prices continue to stagnate.
Cypriot Property Prices to Fall
It may seem obvious, but Cypriot property prices are likely to fall steeply. What is less obvious is the affect on overseas owners there, which could be severe. On the ‘ill wind’ front, however, there could be some great bargains to be had.
International Administration Scam
Former MRI Overseas Properties clients are being targetted by a guy called Roger James purporting to be from a company called International Administration. This is a total scam to defraud former MRI clients out of further funds.
Turkish VAT Increase
The Turkish Government has hiked the VAT or KDV rate on Off-Plan property purchases by 18% from 2013 onwards. This could have a significant effect on the Turkish property market.
MRI Clients Dismayed at ‘Bizarre Decision’ on Furniture Case
Clients of MRI Overseas Properties, have expressed ‘dismay’ at what they have termed a ‘bizarre decision’ by Judge Beatriz Fernandez in a Marbella court to to claim ‘lack of jurisdiction’ over their furniture case.
Class Action – Cabonuba Development, Cape Verde
A client of MRI Overseas Property has issued a press release looking for investors in the Cabonuba development on Sal, Cape Verde. It is intended to take a class action against MRI to recover funds invested in the project.
Commercial Property Investment Overseas
Contrary to what you may be led to believe by the media, Commercial Property Investment Overseas has been, and still is, very successful for investors that took the time and effort to research markets properly.
