Despite expectations, a significant increase in new residential properties between 2010 and 2019 with high prices did not prevent Manhattan’s residential market from completing the past decade with only moderate price increases. Recently, a report was published that collected all the interesting and relevant statistics on real estate prices in Manhattan for the period from...
According to a study by an authoritative source, a mortgage applicant in the housing market in Luxembourg is a couple aged 30-39, occupying an average of €550,000. Another characteristic feature of this type is that inflationary housing prices (an increase of 12-14% in 2019) do not stop the demand. Researchers have found that demand remains...
As on the onset of 2020, Portugal residents have noticed a large escalation of prices on housing. Historically, it is the first time such a raise was introduced to the real estate market, and people are scared of more changes. What is going on? According to the Global Property Guide, the price tag on housing...
Experts say that this year in Dubai is expected to build the largest number of new homes in more than a decade. This will increase pressure on the once-thriving but currently struggling real estate sector, which is already weakened by oversupply. The Middle East financial center, where the private sector contracted in January for the...
On February 5, the Portuguese Parliament approved a restriction on the issuance of Golden Visas for investment in real estate, with the exception of the internal municipalities or autonomous regions of the Azores and Madeira. This measure is aimed at promoting investment in regions of low density, as well as investment in urban restoration, cultural...
Real estate sales worth over €6 million soared 78% in the fourth quarter of 2019, authoritative sources claim. Experts say that growing demand will not slow down after a few weeks, but will maintain its pace in the near future for sure. What was the reason? The main and most important reason why the UK...
Real estate in Spain has its pitfalls that are not visible at the first inspection. To protect yourself from regrets in the future, before buying, check the object for compliance with the paragraphs of the checklist below. 1. Check the documents for the apartment. These include: Escritura pública notarial – a bill of sale (confirms...
A report from the Barnes Real Estate Agency was recently published and it became known who led the ranking of cities in terms of the number of real estate sales among super-rich families. Those are considered those whose capital is more than €900 thousand. Paris leads The French capital retains its popularity, despite the political...
According to the assessment of the Hamburg Institute for Urban, Regional and Housing Studies, in the third quarter of 2019, in Germany, prices rose uncontrollably. Experts expect that the dynamics will continue in 2020. The value of German real estate has increased by almost 50% from 2008 to 2018, according to the latest data. This...
In the UK, a grandiose mega-purchase transaction will soon take place. Experts say this will be the largest real estate transaction in the country. The buyer is property tycoon Cheng Chung-kiu. Mr. Chung-kiu is the founder and chairman of the development company CC Land Holdings Limited. His company owns the London Leadenhall Building, also known...