For 2018, housing prices in Portugal increased by 5.39% to an average mark of € 1,220 per sq.m. This was facilitated by increased demand, combined with improved economic performance. According to the National Institute of Statistics of Portugal (INE), only in the fourth quarter of 2018, the cost of housing increased by 2.03% year-on-year. Sales...
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...
In order to determine how effective these or other investments are, it is necessary to take into account a number of factors. The World Bank identified four main factors that determine whether it was worth investing in a particular country. These are the population of the country, the environment, relations and the structure, which stimulates...
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...
In a number of European countries, banks are ready to issue mortgage loans to foreigners, including Russian citizens. In today’s article, we’ll stop on Bulgaria and Germany, and try to figure it out what expects foreign investors in these countries. Bulgaria Last year Bulgaria became one of the most popular destinations for Russian investors. The...
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...
As the foreign press wrote, the resort is developing at a rate that would make even China blush. In Soviet times, Ajaria was in the shadow of the Abkhaz resorts and was not perceived as a place of rest. But after the loss of Abkhazia, a stream of tourists from all over Georgia, Armenia, and...
Before you buy a property in the United States, you should figure out how exactly to do that. So, how can you make the dream of owning a house in the US come true? Here are 5 steps you have to do to succeed. Step 1: Assessing Your Finances and Choosing a Home The process...
Small apartments are traditionally in demand. At the same time, they are increasingly being acquired not as housing for themselves, but rather as an object for investment. To what extent the investment will meet the investor’s expectations will largely depend on the country in which he plans to choose an apartment. Micro-apartments in Europe In...