Rental rates in the Czech Republic are growing rapidly due to the lack of apartments. The cost of rental housing over the past five years has increased by 42%. More and more people began to rent apartments in the Czech Republic. A sharp rise in housing prices in recent years, combined with tightening mortgage lending...
According to data published by the National Statistical Institute of the Republic of Albania (INSTAT), in the first six months of 2019, a total of 205 building permits were issued by the authorities of the Albanian capital Tirana. This is a 25% increase over the same period a year earlier when a total of 164...
Despite the high prices, there are high chances that this year new records will be set in terms of investment. According to the forecast of NAI Apollo Group, €55-60 billion will be invested in German commercial real estate in the year 2019. Retail property In the second quarter of 2019, the volume of transactions with...
Real estate in the Czech Republic through a mortgage can be acquired not only by its citizens but also by foreigners. Thanks to a wide range of banking offers, the procedure for acquiring real estate by foreigners is quite common and popular. The Procedure When buying a finished housing you have to: Prepare documentation for...
In the second quarter of 2019, 632 buildings with 2,250 residential units were commissioned in Bulgaria. Moreover, this indicator increased by 10.5% per year. But, if to take the number of residential units, the situation is not so optimistic: the indicator decreased by 1.5% compared to the same period in 2018. These are preliminary data...
Recent reports from the Bank of Spain and the country’s National Statistical Agency (INE) shed light on the rising cost of living, in particular as a result of sharp increases in rents in Spain. The analysis of the Bank of Spain is dedicated to the period 2013-2018. While Spaniards earn only 1.6% more than five...
Property insurance is a contract under which the insurance company undertakes to fully or partially compensate for the damage caused to your property and its contents upon the occurrence of certain events. This contract also covers damage that you could inflict, for example, if your child breaks a neighbor’s window while playing football. As a...
Underpopulated cities in the south of Italy started a course of attracting newcomers. Donato Toma, president of Molise, offers visitors €700 per month for 3 years just for living in one of those neglected regions. By introducing this program he wants to revive those areas and raise the standards of living. Conditions for visitors However,...
Citizens who have a pet were recently shocked by newly introduced governmental fees for their smaller friends. As of now, they are forced to pay up to € 55, and it is only per month and each pet. Such fee makes an impact on the housings costs. The British who prefer to rent housing over...
Autumn is not only the beginning of the school or college year but also a high time to make some adjustments to the interior design. Do not listen to those who speak of it in terms of gloominess and cold it is a wind of change. If you feel bored and experience apathy, start by...