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

5 tips to gain more mandates and sell more

In 2018, USA and Canada were on top 10 of the countries where foreign buyers inquired the most

Consumer traffic data recorded from listing performance across the ListGlobally network has shown that in 2018, Foreign consumers that displayed the greatest level of interest in U.S. properties were Chinese consumers at seven percent (7%). French consumers accounted for five percent (5%) of total consumer interest, and UK citizens made up one percent (1%) of total consumer interest.

  • Jul 25, 2019 7:39:11 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

U.S. real estate is still attractive to foreign investors from around the world. In fact, the U.S. is among the countries in the world where during 2018, foreign buyers inquired the most.
  • Jun 25, 2019 1:37:35 PM |
  • Properstar Marketing

ListGlobally partners with HurriyetEmlak, #1 in Turkey

HurriyetEmlak, leader in Turkey

HurriyetEmlak is the leading real estate website in Turkey. It belongs to Dogan Group, which plays a pioneering role in a wide range of sectors such as e-commerce, energy, industry, automotive marketing, financial services and tourism. Goldman Sachs is also a minority shareholder of Hurriyet Emlak.

  • Jun 24, 2019 5:25:41 PM |
  • Geoffroy Reiser

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

A new reports section to help you making decisions is live

This article is also available in : FRESPT

  • Jun 4, 2019 4:15:25 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

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

Spain is the second country that gathered more foreign interest during 2018

Article also available in the following language: ES 

  • Mar 17, 2019 3:18:53 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

Top 5 real estate marketing trends for 2019

This article is available in the following languages: FR / ES / PT

  • Feb 26, 2019 12:31:33 PM |
  • 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.

Cairo Property Cycle Source: JLL Report in Cairo

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.

Egypt’s GDP growth 2018 Source: Tradingeconomics.com and Central Bank of Egypt

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.

 

Cairo Office Rents 2018 Source: JLL Report in Cairo

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

Article available in the following languages: FR / ES  / PT

  • 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

ListGlobally compatible CRM'S

At ListGlobally we believe in simplicity.  For this reason, in order to publish your property listings, the only thing you need to do is to upload those on your CRM. 
  • Dec 18, 2018 11:48:30 AM |
  • Properstar Marketing

Who comes out on top in the battle of the property portals?

Who comes out on top in the battle of the property portals?

17th November 2018 / Estate Agent Today 

  • Nov 17, 2018 6:09:14 PM |
  • Properstar Marketing

3 Tips to Succeed in the International Real Estate Market

Succeeding in the International Market

If succeeding in the national market already requires a lot of work, working in the international market is even harder. The competition is fierce and it requires you to be different and to expand your area of expertise.

  • Nov 15, 2018 7:14:34 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

Welcome to Coldwell Banker Spain !

Coldwell Banker Spain markets its properties on ListGlobally's network

Spain is a real estate market in which close to 20% of buyers are foreigners (see article on Fotocasa's blog). Indeed last year foreign buyers purchased more than 100 000 properties in Spain, out of the 500 000 transactions recorded in the country (source).

  • Nov 8, 2018 4:04:25 PM |
  • Geoffroy Reiser

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

69% of foreign buyers don't get an answer from the real estate agents they get in touch with

68.8% of foreign buyers do not get an answer from the real estate agents

You would expect that 100% of foreign buyers get an answer from the real estate agents they contact. After all, real estate agencies pay to list on property portals, to attract domestic buyers as well as foreign buyers.

  • Oct 9, 2018 3:00:02 PM |
  • Geoffroy Reiser
  • May 28, 2024 6:30:00 AM |
  • Shanna Mawer

Navigating a low inventory real estate market

  • Apr 19, 2024 6:00:00 AM |
  • Shanna Mawer

5 tips for a successful spring with Properstar

email-1

Subscribe to the newsletter