How to get a Greek residence permit for financially independent persons?
Greek residence permit for financially independent persons is issued to foreigners whose income in their home country exceeds 2 thousand euros per month. Together with the main applicant, such a…

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Eat, pray, get well - Greece is developing new destinations for tourists
Greece is experiencing a tourist boom: the number of tourist arrivals from abroad increased from 14.9 million in 2009 to 24.8 million in 2016. According to the Minister of Tourism…

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The procedure for the purchase and registration of real estate in Greece
To buy property in Greece, it is enough to come to Greece once. The purchase process includes 7 simple steps.                     …

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any foreign citizen

Real estate in the Austrian Alps – a promising direction for investment

Alps – the world’s largest market for ski tourism. According to estimates of Laurent Vanat, the founder of the Swiss consulting company Laurent Vanat Consulting SARL, this region accounted for 150 million visits in 2017, which is 43% of all visits to winter resorts in the world.

An Alpine chalet and an apartment overlooking the mountains is not only a luxury item, but also a profitable investment if their owner is ready to rent the property to tourists. There is a special type of objects – tourist real estate – these are apartments with hotel services, which are organized by professional operators. The owner of such a property can lease the property permanently or several months a year. There are two control schemes for such objects: Continue reading

Street retail in Athens: focus on the center and prosperous suburbs

Since 2010, the Greek government has taken many measures to reduce public debt and budget deficits. They have already brought the first results: according to the IMF estimates, GDP growth in 2017 was 1.8%, and in 2018 it will increase to 2.6%. This is the right moment to invest in Greek real estate: the country’s economy is gradually recovering, and the real estate market has reached the bottom and will soon start to grow.

Against this background, the retail real estate sector comes to life: new players are entering the Greek retail market. In order to minimize risks, investors prefer to choose high-quality objects in the premium locations of Athens. Continue reading

Mortgage in Greece

Although the formal issuance of loans in Greece is not prohibited, in practice, banks do not issue loans to either local or foreign property buyers. The exception is the large Greek companies with established reputation in the market.

Standard Mortgage Terms in Greece *
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4 reasons to buy an apartment in Greece
48% of respondents consider the prospects for investment in the Greek real estate market in the next five years to be good or excellent - a survey by NAI Hellas…

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Residential real estate market in Hungary: time to buy
Hungary is located on the border between Eastern and Western Europe. The level of wages here is lower than in most EU countries: according to the Statista portal, only 6.7…

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How the size of the capital and the behavior of owners of foreign accounts: the study of Tranio and Adam Smith
Russia joined the agreement on the automatic exchange of financial information (Multilateral Competent Authority Agreement, MCAA), and at the end of December 2017 the OECD published a list of countries…

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Non-traditional effect: how does the LGBT community affect the value of real estate?
Where to look for real estate, which will definitely rise in price in 10–20 years? There are dozens of theories by which analysts are trying to predict price increases in…

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