Efestio - Blog

Investments

Analysts predict a slowdown in property prices in Seoul

  • 23.11.2020

Contrary to the promises of South Korean President Moon Jayin and the efforts of the central government, property prices in Seoul have increased by 40% over the past 3 years. According to Real Estate 114, an analytical and news agency specializing in real estate, apartments in the South Korean capital will cost buyers an average…

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The most attractive areas of Cyprus for property investments

  • 19.11.2020

Cyprus is the third largest island of the Mediterranean with total population of approximately 1 million. Amongst them, there are 30 to 50 thousand Russian-speaking permanent residents in the island. The island has earned the love of tourists and immigrants with its mild climate, its clean beaches with white sand and clear water, as well…

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UK real estate will double in price by 2045

  • 13.11.2020

Experts are already talking about the fact that prices for residential real estate in the UK can rise by more than 2 times (51%) in 25 years. In 2045, the average cost of an apartment in London will be $ 1 million. Experts argue that if the residential real estate market in the country continues…

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Which apartments are in high demand in Spain?

  • 02.11.2020

Saving is not a characteristic that the Spaniards, accustomed to living in a luxury style, can boast of. But in matters of real estate, they have to compromise their principles, since the cost of houses and apartments in the country is quite high. The Idealista portal analyzed the market situation and found out which housing…

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Property prices in Switzerland stabilize

  • 07.10.2020

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…

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Turkish government policy aims to reduce housing costs

  • 25.09.2020

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…

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The Estonian real estate market is going through hard times...

  • 22.09.2020

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%….

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Golden Visa in Greece. Statistics

  • 16.09.2020

«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…

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Top places to buy a commercial property in Greece

  • 03.09.2020

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…

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Top places to buy a luxury property in Greece

  • 20.08.2020

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,…

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The demand for residential property in the UK has grown...

  • 10.08.2020

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…

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Cyprus authorities want to make online rental property more...

  • 08.07.2020

Due to the increasing tourist attractiveness of Cyprus, housing demand is growing rapidly. Many tourists prefer to stay in an apartment, rather than in a hotel room while relaxing because it is more comfortable for them. In this connection, the authorities of the Republic of Cyprus intend to withdraw the property rental market from the…

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Cyprus real estate is bought more by foreigners

  • 30.06.2020

In 2019, foreigners showed great interest in Cypriot real estate. Of all the objects that were sold over the past year, more than 43.2% were bought by representatives of other states. The remaining 56.8% of transactions fell on residents. Paphos and Limassol – investor sites №1 According to statistics from the Land Registry Department, representatives…

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Australian government works on investors Visas

  • 21.01.2020

Australian Home Affairs Agency has launched a public briefing concerning the Business Innovation and Investment Program (BIIP) to overview overall immigration processes. Such an initiative is aimed to discover additional opportunities to yield the fruits from the investment immigration visas. In particular, it will find out whether it is possible to maximize the value it…

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Which World Cities Have The Highest Real Estate Prices?

  • 17.01.2020

Recently, research data published by the international company LeadingRE has been published. This organization has 565 real estate brokerage companies in 70 countries. Based on this information, the world-famous world giant Forbes identified several cities in which housing prices are rising and have every reason to further increase. Six cities in the world where property…

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