What is the most visited European city? Is it Paris or Berlin, Madrid or Rome, London or Prague? The citizens of Barcelona came to a belief that the only aim of people from around the globe is to come to their home city. The benefit is as clear as a day: tourism means income for...
By the end of 2021, 43 new shopping centers will open in Turkey Ikey. There are only 411 operating shopping centers, another 43 are under construction. The demand for office space is growing in business and tourist centers. All this suggests that the Turkish market of commercial and office real estate has a large stock...
Montenegro is a young state that has gained independence relatively recently. This country is located on the Mediterranean coast and is very attractive to foreign investors. Currently, investments in real estate in Montenegro are popular, as you can buy real estate at a quite affordable price. The cost of housing in this state increases, which...
The year 2014 in Sochi was rich in numerous events – the Olympic Games, high key rates of the Central Bank, a record number of constructions and a temporary ban on these buildings in the city. But how what is the present situation in the real estate? The Flagship of National Resort Real Estate. The rise...
Due to the eternal summer and high endless season (not four to five months, as in the Crimea, Bulgaria, Montenegro or Spain), many foreigners acquire commercial facilities in the resort cities of the Dominican Republic: hotels, restaurants, casinos, surfing, and diving clubs and move there to live and work. The government is interested in the...
Recently, the Homeday company has published the results of a study of the real estate market in Germany, which aimed to determine how long Germans have to work to save up for housing. Residents of large cities like Berlin, Frankfurt, and Munich will have to put money aside for a longer period. As an example,...
According to experts in real estate, competition in the market for commercial space is increasing. According to real estate sales specialist Pindi Kinnisvara Peepa Soomana, the appearance of a new area increases competition and affects the price offers. Head of EfTEN Capital Villar Arakas says that over the past three years, thanks to zero interest...
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...
Created in 2015, MBGcs is a provider of Premium Consulting Services in Greece and Cyprus. Our main objective is to help and guide potential investors, companies or individuals with their bussiness ventures in the Mediterranean. An experienced team of lawyers, financial experts and real estate consultants can help realize your investment plans in Greece &...
Tourism is a driving force for the economy of Greece and its development, sector of its «heavy industry», which gives up to 25% of the country’s gross income. «Over the past three years, the external orientation of Greek tourism has been significantly strengthened, aimed at tourism 365 days a year», says Greek Minister of Tourism...