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Tax rebate for holiday home owners

• Are you a UK resident for tax purposes? Do you own a property available for holiday let in Europe? Do you make that property available for let? Did you purchase the property for more than £150,000? If you can answer yes to all of these questions, you may be eligible for a Capital Allowance Tax refund of around £10-15,000. We have teamed up with International Property Success who have arranged a no upfront fees scheme with a tax expert. The scheme is fully HMRC approved. The amount you can claim will vary according to the rate of tax you pay and the specifics of the property. Claims are administered swiftly. You will receive a report on your rebate, showing how much you can reclaim, in most instances within 8 weeks. International Property Success are advisers that specialise in the capital allowance field. They do not charge upfront fees - you only pay once your case has been approved by your accountant. Experience shows that unless an investor has access to the appropriate level of expertise it is rare for all available tax allowances to be identified which means that the majority of Investors are not claiming all the tax allowances they are entitled to. If you would like to find out if you are eligible for this tax break, please contact us immediately. Tax rules change frequently and can be withdrawn at any time. This rule will be reviewed in April.

Hot deal from Pegasus

• Pegasus Airlines, Turkey's low cost carrier, are offering 5000 seats to Istanbul at £39.99 one way, for flights taken between November 2009 to November 2010. The flights can be booked now and fares include all taxes and charges but are subject to availabitily. Pegasus offer connecting flights to 11 cities in Turkey including Bodrum, Izmir, Ankara, Dalaman and Antalya.

Global property prices on the up?

• With interest rates around the world at an all time low, many countries are reporting signs of improvement in their property markets.

Fractional ownership increases its appeal

• More developers are looking at increasing the appeal of fractional ownership to mass markets.

Costa bargains reignite interest

• According to Rightmove.co.uk's overseas division, interest in the Spanish market is crawling up again. Spain accounted for 21% of overseas searches on the website in June 2009, an increase of 0.3% on May. France followed hot on Spain's heels with 17%, although the percentage of hits had decreased by 8.2%. Half of the regions that featured in the top climbers list were Spanish, with Tenerife experiencing an 9.1% increase in searches followed by the Costa del Sol with an 8.7% increase. Another high achiever was Turkey, whose market share rose by 13%, taking it into the top 10 countries searched. The Bodrum Peninsula proved particularly popular. The biggest loser was Dubai with a year on year decrease in searches of 60%.

Investing for the long term - Villa Park

• People often say to us, “is now a good time to invest?” and the truth is nobody knows.

Eurozone recession deepens as house prices drop

• Data compiled by the Financial Times on house prices in the 16 countries of the Eurozone shows a 4.8% drop in prices in the final 3 months of 2008, compared to the same quarter of the previous year.

Wealthy French property owners warned of tax inconsistencies

• Despite President Sarkozy’s significant increases in the 'abattement', or level at which a beneficiary has to pay inheritance tax in France, wealthy property owners should still be wary of inconsistencies between the French and British laws that govern inheritance tax.

Pegasus fly direct to Bodrum

• Turkey's low cost carrier, Pegasus Airlines launched a new direct route from London Stanstead airport to Bodrum, once a week, on the 4th May 2009. This is great news for Didim property owners as one way flights cost from as little as £65.99, including taxes and charges. The flights depart from Stanstead every Monday at 13.05 arriving at Bodrum at 19.00. The return flight from Turkey leaves Bodrum at 10.05 and arrives at Stanstead at 12.10. Recognising the importance of the UK market, Pegasus have also increased the frequency of flights from Stanstead to Istanbul from 5 times a week to once a day.

Spain forced to repay discriminating CGT to Brits

• Spain faces the possibility of having to repay Capital Gains Tax to thousands of non domicile European homeowners following a British couple’s legal win against the Spanish government.

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French Property of the Week		Turkish Property of the Week

£15,000 2 Bedrooms This plot is one of 25, situated in a development in a small, quiet village, set in a picturesque area surrounded by beautiful countryside. The foundations have already been laid and the site has existing connections to water, electricity and foul water drainage. The 980m2 plot, comes with approved plans for a 2 bedroom bungalow (similar to the one shown above) with an internal area of 136m2. The bungalow will comprise of an entrance porch, open plan kitchen/reception/dining room of 55m2, Bathroom of 9m2, 2 x Bedrooms of 13.5 & 14.4m2, Attached garage of 30m2, Garden and Parking. The current owner estimates the build cost to be in the region of £60-65,000. Read more...		£175,000 4 Bedrooms This unique 4 bed detached villa occupies an elevated position on this exclusive development, with fantastic views to the Greek islands and the benefit of cooling breezes in the hot summer months. Read more...

Sell my property for £49!

With over fifteen years experience in the property market, Edison Ford Investment Property is the ideal place to sell your overseas property.

Starting from only £49 any of our three commission free options could massively lower the cost of selling your property when compared to a typical agent’s fees.

If you would like to find out more about Edison Ford Investment Property's highly competitive sale packages, please don't hesitate to contact us and we can discuss which package will best meet your needs.

Leaseback property from £68,750 European mortgages Great French mortgage deals Interest-only Spanish remortgage deals Fixed-rate Turkish mortgages Comprehensive overseas property insurance

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