The news agency GPG reports that after a 15-year period of continuous growth in residential and commercial property prices, Switzerland is experiencing an economic downturn for the first time. Thanks to the implementation of the government program this year, property values increased only in the second quarter and by only 0.61 percent, but in the...
The pandemic has left its mark on the economies of the world, and now the governments of different countries are developing special programs to revive the market. Thus, Turkish Environment Minister Murat Kurum announced the start of a program under which all building materials will be produced in the country. One of the main tools...
According to the Land Department, 9,799 real estate transactions were recorded in the first half of the year, which is 14% less than in the same period last year. If we compare these indicators with the second half of 2019, the information is even more disappointing – the number of completed transactions decreased by 20%....
«Golden Visa» in Greece is the most affordable in EE. Its issuance provides flexible requirements regarding the properties and the family members of the applicant, while the residence permit card is issues as soon as possible. More than 23 thousand foreign citizens have already obtained residence permit in the country through property transactions. The advantages of...
Buying commercial real estate in Greece is a promising business. The tourism industry and the economy are developing. So, you should use these advantages and purchase commercial real estate at competitive prices. Over time, of course, it can be resold significantly more expensive. But it would be more logical to start using commercial real estate...
More and more residents of Western Europe express a desire to buy property in France. There is a real boom in the national real estate market. 60% of potential buyers are either French or citizens of neighboring countries. This was reported by representatives of the consulting company Knight Frank, which conducted a corresponding study. Considering...
German Company Civey, which specializes in polls, decided to research the attitude of property heirs in Germany regarding their assets. Newspaper Der Spiegel, one of the largest national publicists, mentions the following. The reason for conducting sociological research was the rapid rent increase, which was caused by the pandemic of corona virus. It was proven...
The most expensive and elite real estate in Greece is located on islands in the Aegean and Ionian seas. Among the investors, luxury housing on the islands of Rhodes, Kerkyra, Lesbos, Santorini, Thassos, and Mykonos is popular. One of the reasons for the high cost of real estate on these islands is the limited area,...
The coronavirus has crippled all fields of the economy and even affected the premium real estate industry. The journal Mansion Global revealed that the next owner of a luxury mansion in Dubai will receive two cars and a motorcycle as a gift. Such a generous offer came from the owner of the house, Michael Alibhai,...
According to statistics published by the Knight Frank agency, consumer demand for residential property in the UK significantly increased recently. The indicators already exceed the number of offers on the market for the sale of private houses. The researchers confirmed that only for the penultimate week of July 2020, more potential buyers registered with the...