Spare airfield in Greece: the top 5 holders of the Greek “golden visa”
The Greek program for obtaining a residence permit in exchange for investment is one of the most profitable in Europe. To acquire resident status, it is enough to buy one…

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How to invest in redevelopment in Germany with a small budget?
In recent years, key rates in the EU have dropped to a record low. Bank financing fell in price to 1.5–3% per annum, and with it, the profitability of deposits,…

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Top 10 countries where Russians are looking for overseas property
In which countries are Russians looking for real estate abroad? Tranio analysts analyzed the statistics of Yandex search queries on residential real estate in different countries from the 2nd quarter…

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language or history of the country

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 years their capital will fall no less than the minimum requirements of the ECB, which indicates the successful completion of a multi-year restructuring period.

To assess the state of banks, the ECB uses the coefficient of basic capital of the first level (Common Equity Tier 1, CET1) – this capital must be sufficient to cover possible unexpected losses of the bank in case of recession, low interest rates, currency weakening and falling real estate prices. The ECB is considering two scenarios: in the baseline scenario, the ratio should fall not lower than 8%, while unfavorable – 5.5%. 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 new buildings, the construction permit of which was issued after January 1, 2006, the buyer pays VAT of 24% of the value of the object.
for real estate built before 2006, only the tax on transfer of ownership is valid – 3.09% of the value of the object. Continue reading

Property Maintenance in Germany

The cost of maintaining a property in Germany consists of taxes, insurance and utility fees. The average amount varies depending on the federal state: for example, in Bavaria, maintenance of an object is more expensive than in other regions.

The cost of maintaining a property in Germany consists of taxes, insurance and utility fees. The average amount varies depending on the federal state: for example, in Bavaria, maintenance of an object is more expensive than in other regions. Continue reading

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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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…

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Investment Instruments: How to Get High Yield in Europe
Investors often compare real estate in Europe with other profitable instruments - government bonds and bank deposits. Government bonds are one of the main instruments of saving funds for wealthy…

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The Bank of England raised the base rate to 0.75% - how will the real estate market react?
On 2 August, for the first time since November 2017, the Bank of England raised the base interest rate by 25 basis points to 0.75%. This is a record rate…

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