Currency games: to whom and where it was profitable to buy overseas property
Currency fluctuations are affected by various factors: monetary policy, inflation, consumer confidence, GDP dynamics, and the balance of payments. As a rule, along with the growth of the currency, real…

Continue reading →

Property taxes in Greece
Non-residents of Greece pay real estate taxes at the same rate as the residents of the country. Purchase The amount of tax when buying a property can vary greatly: for…

Continue reading →

Four largest banks in Greece successfully passed the ECB stress test
On May 5, the European Central Bank (ECB) published the results of the stress test of the four largest banks in Greece: with an unfavorable scenario, in the next three…

Continue reading →

connect the city

Feast on Olympus: investors are returning to Greece

In the summer of 2017, international rating agencies Standard & Poor’s, Moody’s and Fitch raised Greece’s credit ratings with a positive outlook. Analysts state: the country’s economy is recovering from the crisis. Other experts share their optimism:

According to IMF forecasts, by the end of 2017 Greece’s economy will grow by 1.8%, while the EU forecasts growth of 1.6% in 2017 and 2.5% in the next two years; Continue reading

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

Property Maintenance in Greece

The maintenance of an apartment in Athens costs on average from 700 to 1.8 thousand euros, villas on the islands – from 1.5 to 15 thousand euros. The main items of expenditure are taxes and utilities.

Taxes
All property owners in Greece, including foreigners, pay an annual tax, which consists of two parts – the main and additional. Continue reading

Costa Blanca: cheap real estate on the white coast of Spain
Alicante is the most popular province in Spain with foreign property buyers. According to statistics from the Board of Registrars of Property (Colegio de Registradores de la Propiedad, Bienes Muebles…

...

Four largest banks in Greece successfully passed the ECB stress test
On May 5, the European Central Bank (ECB) published the results of the stress test of the four largest banks in Greece: with an unfavorable scenario, in the next three…

...

“Now it's the other way around”: investors choose Valencia after a referendum in Barcelona
On October 1, 2017, a referendum on independence was held in Catalonia, 90% of those who voted in favor of separating the region from Spain. Since then, uncertainty has reigned…

...

Russian-speaking investors in profitable real estate abroad: an analytical study of Tranio
In early 2018, Tranio once again investigated the behavior of Russian-speaking investors abroad. We relied on the results of an online survey, which involved 476 real estate market leaders from…

...