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Photo credit: Dale Musselman
Spain has reclaimed its property crown, according to the latest Top of the Props report from TheMoveChannel.com. Following America's unexpected victory in November, US property fell in popularity last month, dropping three places in the overseas portal's chart.
That dip was all Spain needed to soar back to top spot, along with several other property stalwarts. After buyers seemed to flock to America to avoid Europe's troubled markets, Spain, Portugal and France charged up the table, pushing America down to fourth. In total, the top three destinations accounted for just over a third of all enquiries on the site in December.
The Dominican Republic is to spend $27 million (£17.5 million) carrying out an aerial survey of several districts in order to create a record of the properties located in particular areas.
The spectacular Caribbean island of St Lucia, renowned worldwide for its idyllic beaches, relaxed lifestyle and crystal-clear waters, has recently been named by the Telegraph as an overseas property safe haven.
Jamaica Tourism Minister, the Hon. Edmund Bartlett has described Jamaica's dominance of Wednesday's World Travel Awards Caribbean & Americas Gala Ceremony as “pay-back for the hard work that the country has been doing".
The Dominican Republic offers the white-sand beaches of Caribbean living for a steal and is only a two-hour flight from Miami. The “DR” is no secret and there are posh areas with sky-high prices, but other towns like Las Terranas have properties available for a song.
Columbus landed in the Dominican Republic in 1492—the same year he “discovered” some of the other Caribbean islands.
A recent report condemning the Cayman Islands as the world's second most secretive finance jurisdiction has led an island industry insider to call for a better defence against 'those who would bury places like Cayman'.
Hurricane Irene will not trigger insurance payouts to the Caribbean islands impacted by the storm, which roared through the Bahamas as a major category 3 hurricane on Thursday.
Jamaica's role in spearheading the recovery of the Caribbean's travel and tourism economy is to be acknowledged by World Travel Awards at a VIP ceremony in Montego Bay in October.
“I AM happy to report that even in the face of the economic crisis impacting countries across the globe, Barbados...has been able to create innovative ways to retain its niche in existing tourist source markets, and also expand into new markets..."
Forget the rat race – buying abroad offers bargain properties and the living is easy, says Christopher Middleton.