10. Kayakoy, Turkey At the beginning of the nineteenth century the town of Kayakoy, Turkey, was thriving. The people of the town had lived there for centuries before the Christian residents were expelled from the town in 1923 as part of a population exchange and told to bring only what they could carry. They were...
MIPIM 2018 – Cannes, France
Founded in 1963, Reed MIDEM is an organiser of professional, international markets that are essential business platforms for key players in the sectors concerned. These sectors are MIPIM in Cannes, MIPIM UK in London, MIPIM Asia Summit in Hong Kong, MIPIM PropTech Summit in New York and MIPIM PropTech Europe in Paris for the real estate industry; MAPIC in Cannes, MAPIC Russia in Moscow, MAPIC Italy in Milan, MAPIC China Summit in Shanghai and IRF brought by MAPIC in Mumbai for the retail real estate sector; MIPTV, MIPDOC, MIPCOM, MIPJUNIOR in Cannes, MIP China in Hangzhou and MIP Cancun in Mexico for the television and digital content industries; MIDEM in Cannes for music...
Metropolises on the up: 7 design-savvy cities to watch in 2018
Keeping track of global trends in 2017 was no mean feat. From economics to elections and from politics to property, the overarching specter of uncertainty made for an erratic 12 months. And 2018 doesn’t look much clearer or calmer. Rado True Designers’ Series – Philippe Nigro That makes it all the more important to identify...
Kriaritsi – a new legend of modern Greece by Damianos Sachbazidis
Grekodom Development, a well-known and reliable player in the real estate market in Greece, announced the implementation of an unprecedented project in Kriaritsi, a small resort village located in an ecologically clean place on the peninsula of Sithonia, the middle «finger» of the Chalkidiki Peninsula. According to experts, currently Kriaritsi is considered one of the...
Top 5 real estate buyers in Greece
In 2015 the number of Greek real estate market transactions increased for the first time after the crisis. Foreign investors account for 20% of buyers. According to data collected between 2005 and 2015 by the Greek Statistical Service (Elstat), the number of Greek real estate transactions increased for the first time in 2015, growing by...
Has the Greek Property Market Hit the Bottom?
The Bank of Greece has published its statistics for 2017 – the country’s decline in property prices slowed to 1%, which is a 10-year record. Is the Greek property market poised for growth? The Greek property market is showing signs of recovery. According to the Bank of Greece, in 2017, property prices fell by 1%...
Efestio. com in Moscow – MPIRES 2018
Among the tools used by the Efestio.com to promote and study the market of international real estate, participation in specialized exhibitions is perphaps the most important. The Moscow’s Premier International Real Estate Show (MPIRES) is the first of its kind international real-estate exhibition in a world-renowned exhibition center “Expocentre” in the heart of Moscow is...
Real Estate plus Residence Permit? In Greece it’s simple!
In April 2013, in Greece entered into force the law «Creation of a Development Friendly Environment for Strategic and Private Investments». Since that moment, citizens of countries outside the EU have been given the opportunity to apply for a Greek residence permit when buying residential or commercial property priced at 250,000 euros or more. This is one...
Spanish house prices to rise 6% in 2018
Spanish house prices will rise for the fifth consecutive year in 2018, forecasts the Instituto de Práctica Empresarial (IPE), a property-focused business school. The Madrid region will see the highest increase with a 10.8% rise, followed by Castilla y León with an 8% increase and the Canaries with 7.7%. Catalonia, once the market leader, will slow...
Italy an outlier as property prices continue to fall
ITALY’S economic woes are threatening the eurozone as it becomes the only country in the EU where house prices have dropped. National data released last week shows house prices have dropped by 0.5 percent in the third quarter of last year. Italy is the only country in the EU where house prices reduced in the...