The Republic of Turkey is one of the most popular regions in the world real estate market. The mild climate, the picturesque nature of the Mediterranean coast, beautiful beaches with clean sand, the highest quality of local infrastructure and affordable prices create ideal conditions for attracting home buyers in this country. Advantages and Disadvantages of...
Author: Efestio Real Estate (Efestio Real Estate)
How to Apply for the Mortgage in France?
France is one of those countries where foreigners have almost the same rights as the citizens. Any good person with a good credit history regardless of the passport can use the French banking services. Conditions for Obtaining a Loan for the Real Estate Since 2012, prices for French real estate have continuously fallen. Of course,...
Property Taxes in Cyprus
In most European countries, property owners, regardless of their nationality, must pay annual property taxes. Cyprus is no exception. In recent years, the authorities of the country, trying to attract capital to the housing sector, are actively reducing taxes. Immovable Property Tax (IPT) Until 2017, the main tax that was levied on all property owners...
Awesome News for Foreigners from UAE
Authorities of the UAE (United Arab Emirates) made a grand step towards the foreigners. It was concluded to permit to obtain visas for staying in the country for a much longer period after retirement. This pleasant news was announced by Emir of Dubai Mohammed ibn Rashid al-Maktoum, the Vice-President and Prime Minister of the...
Real Estate Market in Sweden
Despite many factors driving the Swedish real estate market down, statistics show that real estate in Sweden has good prospects for development. The fall in housing prices in this country is gradual, and the reasons for the decline are due to the inadequate commissioning of new buildings and the poor development of the mortgage market....
The countries with the best weather and climate
When it comes to which climate is most favorable for a person, many factors come into play that needs to be taken into account. In this article, we list the countries in which climatic conditions are most favorable for human life. When it comes to what kind of climate is most favorable for a...
Russians’ Abroad Property Interests in Summer 2018
In the summer of 2018, Russians were most interested in buying or renting real estate in Bulgaria, Spain, Italy, the US, and Germany. Unpopular among our compatriots turned out to be the real estate in Hong Kong and the Caribbean. Such data has been given at a press conference in the Moscow office of Sotheby’s...
The main taxes when buying a property in Tenerife
Tenerife is part of the Canary Islands, the territory of Spain. The Canaries have their own government and a special tax status within the European Union. Accordingly, your investments are protected by European law, but you pay less taxes. For foreign citizens, there are no restrictions on the acquisition of real estate in Spain, Tenerife....
Is Chalet in Switzerland a Good Buy?
High-mountainous Swiss Alps, untouched nature, breathtaking landscapes, and fresh mountain air will conquer you once and for all. Without mentioning stunning chalets! The intention of this article is to find out if the purchasing of a chalet is the good buy. Let’s figure it out! First of all, we can assure you that buying the...
Living in China: Pros and Cons
Citizens of many countries are thinking about how to equip their lives in China. This is due to the fact that employment and doing business there seem quite promising, prices are attractive, and the standard of living is high. We will briefly consider the pros and cons of living in China in this article. Let’s...