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Overseas Property News
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Hong Kong’s property springs back
Country: Cape Verde
7 April 2009 A dramatic improvement in Hong Kong’s residential sector has been recorded with sales reaching a 62-week high and the volume of homes available on the sales market falling to their lowest level since the financial crisis took hold. Housing activity in Hong Kong was up 35% last weekend, compared to the previous weekend, according to Midland Realty. The greatest increase in transactions was recorded in Kowloon, up 78.6% over the weekend, followed by Hong Kong Island, up 26.7%, and the New Territories 15.4%. The chief executive of Midland's residential department, Jeffrey Ng Chong-yip, said that the surge in market activity was due to low mortgage rates and the easing of visa rules for Shenzhen residents, which has created more potential buyers. Recent market improvement has also boosted developer confidence. The volume of newly built flats launched in March rose to a four-month high to 923, Midland noted. That compared with 756 in February and 268 in January. “Market response to new launches has been satisfactory," said Midland chief analyst Buggle Lau Ka-fai. "At the same time, developers are actively selling remaining units at previous projects. “Property sales have improved since developers adjusted prices downward and banks launched different mortgage plans to strive for more business opportunities.”
See Also: Hong Kong
Some properties in Cape Verde
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Price: £15,451
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Type: Townhouse
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This is an opportunity to purchase an exceptionally well priced land plot for a villa or a townhouse with an approved project on Sao Nicolau.
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View details | Enquire further
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Price: € 17,104
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Type: Apartment
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Bedrooms: 2
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A fantastic way to beat inflation and purchase one week low cost holiday accomodation for 50 years in the 5 star Melia Tortuga Beach Resort and Spa or any of 1000's of locations around the world.
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View details | Enquire further
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Price: € 23,950
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Type: Land
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Reduced to just 23,950 euros..
The 120 m/sq plot is in a very good location just 500m from the lovely Estoril Beach in Sal Rei and close to the new hospital.
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Price: € 28,000
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Type: Land
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Fabulous price on a land plot in the main tourist town of Cape Verde, Santa Maria which is located within a 5 minute walk of the beach. This plot has planning permission for 4 floors including the roof and for up to 8 apartments, and is 160 m/sq.
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View details | Enquire further
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Price: € 30,000
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Type: Land
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Excellently priced land plot of approximately 440 m/sq located less than 300m from the beach in Calhau, San Vicente.
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Price: € 32,000
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Type: Studio
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Fabulous penthouse studio in the 'New Town Square' area of Santa Maria in Sal with sea views and good terrace area. This is a tremendous bargain at a massively reduced price for a quick sale.
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View details | Enquire further
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Price: £32,397
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Type: Apartment
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Resale studio on Maio, in the town of Vila Do Maio, 300 m from the sea. This studio is fully furnished, and on the first floor of a new development with 18 apartments over 3 floors.
Detailed information
PLEASE FEEL FREE TO CALL US ON FOR ADVICE O
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Price: € 35,000
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Type: Land
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REDUCED TO JUST 35000 EUROS - A GREAT INVESTMENT OPPORTUNITY.
This well located investment plot of land just 400m from the sea at Estoril Beach in the Joao Christao area of Sal Rei and is 414 m/sq.
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Price: £36,550
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Type: Apartment
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Residence Humberto is a small block of 7 apartments just a 5 minute walk to the beach in Santa Maria and there are 2 one bed apartments available for just 44000 euros each. This is tremendous value in the top tourist town in Cape Verde.
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View details | Enquire further
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Prices from €96,600 Bedrooms: 1, 2 & 3 Boa Vista: beach front penthouses & apartments with fantastic views. Fully furnished & equipped including aircon.
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Prices: from €92,000 Studios, Apartments & Villas Palm View Resort: six * beach front resort on Santa Monica beach. Fully furnished. 100% finance available.
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