Residential property prices in 11 major cities in Canada rose by a modest 2.5% during 2018 compared with a rise of 8.9% in 2017. In the last quarter of 2018, housing prices fell by 1% amid rising interest rates and economic slowdown. Statistics The demand for real estate in the country is falling. The new...
Analysts over the past five years have noted an increase in taxes on luxury real estate from an average of 3 to 20% worldwide. However, there are still a number of countries where real estate taxes are either absent or minimal. Here is a list of the countries with the highest and lowest taxes on...
A draft property tax will be submitted to the Standing Committee of the All-China People’s Assembly this year. This project is believed to force the development of China’s real estate market. It is worth admitting that the government of the country has been working on this issue for some time so far. The first steps...
Three most popular among Russians countries for investment are Spain, Switzerland, and the UK. Why they are favored we’ll try to find out in this article. Spain Mortgages in Spain are available to non-residents. However, if holders of permanent residence can receive a loan of up to 80% of the value of real estate, then...
Have you got an apartment or house in Austria? After renting the property will generate income. If you competently approach the question, it is fully paid off annual maintenance costs of the purchased property and will consistently make a profit. How much can you Earn? To find out the real cost of rent, you need...
The dancing house in Prague is an image of a couple in dance, expressed in urban architecture. The house actually consists of two towers, which are called “Ginger and Fred”, referring to the famous Hollywood couple of dancers and actors Ginger Rodgers and Fred Astaire. The comparison is really reasonable: one tower is straight, has...
In 2018, there is a noticeable growing interest in exotic destinations from ultra-well-off people who purchase resort real estate both for their own residence and for commercial projects. Based on customers’ point requests, the experts identify five exotic places that are particularly popular with wealthy Russians. Mauritius Interest in real estate on the island is...
The annual Global House Price Index study has finally arrived, in which the growth in property prices in different cities around the world is analyzed. In total, 50 cities from different countries took part in the study. Below we describe the 10 cities in which real estate prices have increased the most over the year...
On February 1, the Cypriot Parliament approved the future tightening of the law, suggesting changes in the scheme for obtaining “golden visas”. Initially, the amendments were to enter into force on 01.31.2020, but the dates were adjusted. Changes will take effect on May 15th. 10 Changes that will be Applied Here is a list of...
One of the advantages of this color is its special contrast, which means that you can give it absolutely any tone in the overall picture of the interior – refined, languid, restrained, and even screaming. What the room will look like ultimately depends on the ability to use black in the right doses. Under what...