Most investors in overseas property choose one of two strategies: they buy the property at a low price and sell it in 1-2 years or invest in a steadily growing market and receive rental income for 5-15 years.
Strategy, in turn, determines the choice of the market. The international real estate broker Tranio studied the price dynamics in 40 cities of the world over the past 10 years and found out where it is profitable to buy housing for two types of investors in 2018. Continue reading
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 thousand euros per year is about four times lower than in France or Germany. Thanks to this, Hungary is popular with small companies and international corporations that open their offices in Budapest: for example, IBM, Morgan Stanley and EPAM. Continue reading
An apartment in the Austrian Bad Gleichenberg is Olga’s second purchase abroad. At first she chose between Miami and Berlin, but eventually stopped again in Austria. “At some point, I even wanted to buy two apartments: this one to rent, and even a small one for myself,” Olga shares her impressions. How did Tranio win a small resort town in Styria?
– Olga, we know that for you this is not the first purchase of real estate abroad, you still have an apartment in Austria.
– Yes, in Vienna. Continue reading