Top 3 trends of International real estate during 2019
We started the year with good news. The 28% growth on foreign buyers during 2018, was shaking, in a positive way, the markets and making us believe that 2019 was going to be a great year!
- Dec 9, 2019 9:46:20 PM |
- Properstar Marketing
The University of Miami is a booster for local real estate market
Reaching for the Top
The University of Miami continues to rise as one of the top research universities in the US, attracting students and staff across the nation and from around the world. With a strong reputation in academics, the university strives to promote a secure, comfortable environment for their students.
- Dec 5, 2019 6:44:00 AM |
- Properstar Marketing
Wealthy Chinese apply to move to the UK at the highest rate since 2014 as the trade war puts them off the US
Wealthy Chinese apply to move to the UK at the highest rate since 2014 as the trade war puts them off the US
9th September 2019 / South China Morning Post
The trade war is driving rich Chinese people to drop their plans to emigrate to the US and seek alternative destinations in Europe, particularly the UK, the latest data suggests. Applications for so-called tier-1 investor visas to the UK by ultra-wealthy Chinese jumped by more than half to 83 – including 10 from Hong Kong – in the first quarter of 2019 from 54 in the preceding three months, according to Growthdeck.
- Sep 9, 2019 6:39:01 AM |
- Properstar Marketing
The different ways foreigners can own property in Thailand
As tourism grows every year, Thailand, especially Phuket, becomes a more popular location for property investment.
- Jul 11, 2019 11:32:57 AM |
- Properstar Marketing
Foreign buyers are more likely to pay cash in the U.S.
The U.S. is one of the countries where foreign buyers inquire the most. The economy in on the rise, and even though we have a Trade War going on, the truth is that "the land of the free" still looks appealing for foreign buyers.
- Jul 10, 2019 3:11:37 PM |
- Properstar Marketing
U.S. commercial real estate surged to $94.9 billion last year
- Jun 25, 2019 1:37:35 PM |
- Properstar Marketing
Why foreign buyers invest in the U.S. residential real estate?
Despite the political reality in the U.S., foreign buyers are still looking to buy properties. In fact, from April 2017 to March 2018, foreign buyers purchased $121.0 billion of residential property in the U.S.
- Jun 12, 2019 4:55:15 PM |
- Properstar Marketing
25% of foreign investment in U.S. residential real estate was made by Chinese
In 2018, Chinese accounted for roughly 25% of foreign investment in the U.S. Residential real estate. In fact, Chinese investors have been the biggest buyers of U.S. residential properties for six consecutive years. But what will be the consequence of this trade tension between the U.S. and China, in the real estate sector?
- May 28, 2019 6:21:27 PM |
- Properstar Marketing
Florida gathered 21% of all foreign consumer interest in the U.S. during 2018
In 2018 ListGlobally recorded a near 28% increase in the number of foreign consumer leads expressing their interest in international properties. It is no surprise that the U.S. is among the top countries for foreign property buyers to buy property.
- May 8, 2019 1:53:04 PM |
- Properstar Marketing
Foreign Buyers in Dubai : An interview with LuxHabitat
At ListGlobally we believe that rather than only looking at statistics, we need to dive deeper and also have our customers feedback. This is why we had an interview with Joseba Umbelina from LuxHabitat in Dubai to understand how foreign buyers are trending in that region.
- Apr 12, 2019 1:07:49 PM |
- Properstar Marketing
What makes more investors shift to Thailand?
Thailand conjures images in the mind of palm strewn, white sandy beaches with warm blue sea lapping against the shore, hot sunny days, temples, smiling locals, tasty food, bustling Bangkok, wildlife and nature in abundance. Coupled with relatively reasonable cost of living it’s no wonder that the Kingdom saw a record 38.27 million tourists in 2018, up 7.5% from 2017.
- Apr 3, 2019 11:56:14 AM |
- Properstar Marketing
What do Spain's key Foreign Buyers look for in a property?
Article also available in the following language: ES
- Mar 20, 2019 5:05:56 PM |
- Properstar Marketing
5 reasons why Spain is a favourite lifestyle destination
In this article we bring you the 5 main reasons why Spain is a favourite lifestyle destination for foreign buyers.
- Mar 7, 2019 10:00:38 AM |
- Properstar Marketing
Egypt: a growing opportunity for foreign buyers
$12.4 billion deal that boosted Egypt's economy
The improvement in Egypt’s macroeconomy follows the government reforms which were part of a $12.4 billion deal with the International Monetary Fund (IMF) in November 2016. The Egyptian economy has since made some remarkable progress in the last three years with a significant increase in foreign direct investment. In fact, the IMF recently commended the strict programme which has seen Egypt’s economy growth amongst the highest in the Middle East.
Reform plans, which included subsidies cuts and currency flotation, have helped stabilise the economy but have also caused a substantial strain on consumer purchase power. Nonetheless, the real estate market has remained buoyant and successfully managed to adapt to changes in demand and supply.
Egypt is an interesting market for foreigners
According to the Central Bank of Egypt, the GDP growth is expected to reach 5.4% in 2019, and similar growth rates are anticipated until 2021.
On the other hand, during 2019, inflation is expected to drop to lower levels as the impact of subsidies cuts diminishes. If the Central Bank of Egypt decides to lower interest rates in 2019, this could well lead to an increased interest in real estate investment, not only from Egyptians but also from foreigners.
New homes at competitive prices
The majority of demand for residential units was in the form of new off- plan property sales which caused activity in the secondary market to remain at a standstill as sales and asking prices reduced. This change is attributed to new developments offering new homes at competitive prices and with extended payment plans of up to 10 years.
Amongst the different residential unit types, villas particularly in New Cairo were the most sought after. These appreciated by up to 16% throughout the year. In some areas like the 6th of October City experienced an increase of 17% and 14% in apartment and villa rentals respectively. This is largely because home owners await the completion of their off-plan property.
The entry of new multinational firms into the market
The office sector saw continued growth with the relocation of local businesses and the entry of new multinational firms into the market. Business offices associated with gated residential developments in New Cairo were the most attractive to investors. Due to this reason rental rates have increased by more than 10% over 2018.
New projects that help to attract foreign buyers
In Cairo approximately 18,000 residential units were added to the market in 2018, which is the highest figure seen for several years. During 2019, the same figures are expected as more developments are likely to be completed in time for 2020.
More opportunities are coming to fruition with plans to create 20 new smart cities across Egypt. Some of these new cities around Cairo include the addition of 78,000 acres in New 6th of October, 32,000 acres in Sphinx City and 6,000 acres in New Mansoura City.
Amongst those cities we find the New Administrative Capital and New Alamein City (see the video below).
Several new developments offering world-class facilities are planned that will not only cater to local demand but also attract overseas property investors.
- Feb 13, 2019 11:11:00 AM |
- Properstar Marketing
Fang.com and Anjuke.com are now available to reach Chinese buyers
- Feb 1, 2019 12:26:24 PM |
- Properstar Marketing
Foreign Buyers: A growing trend in 2018
Interest from foreign property buyers continues to grow for properties around the world. ListGlobally has recorded increases in 2018 over 2017’s numbers from consumer interest globally. ListGlobally track consumer interest through our consumer’s online searches for properties and inquiries that are submitted by consumers through the ListGlobally portal network.The most significant increases in foreign consumer interest in 2018 was for properties in the following countries, Portugal, Spain and France.
- Jan 31, 2019 10:49:20 AM |
- Properstar Marketing
Real estate trends in Europe for 2019
Welcome to 2019!
- Dec 20, 2018 4:24:43 PM |
- Properstar Marketing
New real estate actors arrive in the landscape during 2019
During 2018 we were present at the RENT PropTech fair in Paris and we gathered with real estate professionals to know who are the new actors coming into the real estate market during 2019. Here you will find the new actors that you should keep an eye on.
- Dec 19, 2018 4:20:51 PM |
- Properstar Marketing
Real estate trends in the USA and Canada for 2019
Hey you real estate agent on the other side of the screen, welcome to 2019!
- Dec 18, 2018 4:25:06 PM |
- Properstar Marketing
Chinese buyers spend $30 BILLION annually on residential properties in the USA
Chinese buyers are the big spenders in the USA
According to the National Association of Realtors,Foreign buyers are spending over $121 BILLION annually on residential properties in the USA. Of those foreign buyers, Chinese are at the top of the chain, spending $30,4 billion every year.
- Nov 9, 2018 1:10:44 PM |
- Properstar Marketing
What are the most expensive cities in the world?
What are the most expensive cities in the world?
In the last few months, Century 21's managers have been focusing on an exercise. They wanted to know how much space can customers purchase in major capitals and cities for an investment of $300,000. They made some research and finally, on the 24th October in Paris, they presented the results for 30 countries.
- Nov 9, 2018 12:53:47 PM |
- Properstar Marketing
Marketing properties to Chinese buyers
Who are the leading Chinese property portals?
Fang.com(房天下): a leading Chinese property portal
The leading Chinese property portals are Anjuke (安居客) and Fang (房天下). These two property portals are leaders in China, like RightMove and Zoopla are leaders in the United Kingdom. Nobody questions this leadership, and they are hands down the top 2 portals in China.
- Oct 23, 2018 12:22:02 PM |
- Geoffroy Reiser
What are the biggest challenges that real estate agents face while working with Foreign buyers?
Working with foreigners is an opportunity that comes with obstacles
Let's face it, we know that being a real estate agent in the times we are now living in, can be very stressful. People are changing every day. Consumer behaviors are different, and there are lot's of technological tools that we have to learn how to manage every day. Nowadays we have more and more people that work from home, we have people moving abroad to work and study, and the notion of "home" is too broad to apply the image we had when we were young: a huge family around the table with our grandma cooking some delicious pie.
- Oct 16, 2018 12:44:43 PM |
- Properstar Marketing
Blablabla always Lisbon… what about Porto ?
Who buys there and where are the hotspots ?
We know that Portugal is in the spotlight when it comes to tourism and last year they earned a lot of prizes: Best European destination; Europe’s Leading Cruise Port; the Eurovision Song Contest; and they were Champions of the Euro 2017!
- Sep 4, 2018 9:38:54 AM |
- Properstar Marketing
Interview about foreign buyers in Panama
Panama is a growing market
At ListGlobally we always want to learn more about our real estate agents and markets. We want to be closer, and also provide them valuable data that they can use on their daily work. Considering that, we've decided to sit down and have a Skype interview with Frank Morrice Arias. He is the General Manager of ServMor Realty.
- Jul 25, 2018 10:00:33 AM |
- Properstar Marketing
What your customers need to know to buy a property abroad?
Buying a property abroad is not something easy. There is the search process, there is the “falling in love” season to be considered, and then there is the final decision. Some foreign buyers will be seduced by the property itself and many others are going to pay attention to all the small details and do a complete market study before buying.
- Jun 11, 2018 2:56:51 PM |
- Properstar Marketing
What kind of properties are International buyers buying in U.S.A
Let’s find out what properties are catching the eyes of foreign buyers.
Last year was a banner year for international property buyers looking to invest in overseas homes and condominiums. The United States, was one of the countries that really benefited from this global property consumer interest with a total of $153 billion sales (residential property) between April 2016 and March 2017.
With the onset of foreign buyer property taxes that were put in place in Canada and the limitations on international investment in Australia, the consumer eyes are on the United States. Their growing economy and strong property markets are seductive for this foreign buyers.
These consumers want to buy in places like California, Florida and New York but who can judge them? There is nothing like the sun, flip flops and shopping in the big apple! Don’t you agree?
But what are they searching for?
They are searching to buy mainly Single Family Property and Multi-Family Property:
And the reason they are doing this is connected to the fact that they are looking to buy a primary residence. However we should also note that international buyers are searching for good investments, to buy a house for their kids while they are studying in the U.S.A. and they also considered that this country is a great option to have a vacation home.
According to ListGlobally data (from 2018) these consumers are mainly looking to buy:
1- Houses
2- Flat
3- Land
4- Residential buildings
5- Bungalows
6- Commercial properties
Regarding New York it it important to mention that besides apartments, our clients also purchase commercial mixed use and multifamily buildings.
Apartments are more popular because they are easier to manage and simple to understand.
Want to know more?
- May 31, 2018 4:16:52 PM |
- Properstar Marketing
Let’s talk about Chinese property portals
China in the headlines
China, China, China… buyers from China have been making the headlines in the local real estate press around the world, in Sydney, New York or Lisbon. For any real estate professional interested in marketing their properties to Chinese buyers, the question is always the same how to market properties to chinese buyers? Let's explore this.
- May 31, 2018 3:01:54 PM |
- Geoffroy Reiser
The real estate sector in 2018
What should you consider when you think about growing your business
The growth we have seen during 2017 is here to stay. A big smile emoticon is expected but we should not ignore the challenges brought by the geopolitical framework (with concerns moving from local to global), and that sellers will face a competitive market due to high demand vs the number of properties on the market.
On the other side, and according to PWC Report on Real Estate Trends for 2018, cities will continue to grow due to different lifestyles and employment reality. We are living in a world where the separation between personal and professional life is blurred so we will need to provide different kinds of properties, that are connected to commercial development, public spaces and transport.
Millenials are alive and kicking!
Millenials are starting to play the game all over the globe. As the financial situation improves, Millennials are increasing their incomes and start leaving their rented homes and looking to buy a house or apartment.
Realtor predicts that in the USA by the end of 2018, millennials may comprise 43% of home buyers taking out mortgages and they will also be the recipients of a larger share of middle/upper-tier mortgages.
But what are they searching for?
Stay tuned … we will provide that information during the month of May.
Brexit
Unsurprisingly, Brexit will continue to be a factor that has impacts on real estate. Some investors are concerned about this reality and this uncertainty and according to PWC, Frankfurt is already starting to notice some positive signs following UK’s decision to leave the European Union.
Great news for them, isn’t it?
We should also note that Copenhagen, due to it’s strong economic growth, is a market to keep an eye on. Investors are searching for all kinds of properties for different usages (retirement, education, and others).
But don’t get too excited with these 2 cities in Europe, because there are more cities to look up worlwide during the year. Don’t you believe that? Continue reading and you will find all the answers.
Prices
In the USA it is expected a rise on prices but not as high as in 2017. Among all homes, entry level or first-time homes will see the highest price increases due to inventory shortage.
When it comes to Europe we know that markets like Portugal and Spain present the same trend when it comes to prices. They are higher but the good news is that there is still a lot of international buyers that searching on those areas.
World Hotspots for Real Estate Investment
So let’s get to the juicy part of our article. Here you have a list of the countries that are considered to be the hotspots for 2018. Isn’t it exciting?
Feel free to share it!
Technology
Last but not least…let’s talk about technology.
Real estate sector is living an amazing time but we have to face it… we will need new skills and new technological tools that will help us to collaborate internationally in order to survive and compete in our new reality.
According to Kobi Lahav, senior managing director at Mdrn. Residential, a New York City–based brokerage:
“more than ever, technology will be a required resource for home buyers as they will have to get real time information about new listings”.
Its is also a fact that handling data, connecting everything and everyone is a big challenge the sector is now facing. According to PWC Report on Real Estate trends for 2018
“Better access to data — the new ‘oil’ for the real estate sector — could allow technology companies or new entrants to dominate entire sections of real estate.”
Now that you know all this… How do you plan to overcome these obstacles?
How many international buyers are you losing everyday due to a lack of technological partner that understands the complexity of the business and provides you solutions?
ListGlobally helps you getting your international buyers!
ListGlobally has you covered, providing access to a truly global audience and promotion across the largest network of real property portals available.
We provide you:
- global reach (+100 portals, + 60 countries)
- performance analysis
- data on international buyers
- data on real estate business
- marketing tools
- training material
- and others
For more information on products and services, reach out! We want to talk.
Follow our Blog to get the latest news on real estate
Resources for real estate international selling.
- May 1, 2018 4:13:28 PM |
- Properstar Marketing
Spain’s Property Hotspots 2017/2018
The number of foreign buyers in Spain has dramatically increased since 2009, and has stabilized at 13% of total sales nationally, representing a 9 to 10 billion euros market. Yet, what are the most desirable coastal regions and major cities for foreign buyers? Which areas are the property hotspots? At ListGlobally we have analyzed our performance (leads generated for our clients in 2017 and 2018) and compiled some interesting data below.
- May 1, 2018 3:16:59 PM |
- Geoffroy Reiser