Houses near airports: potential investment
Why is real estate more expensive or cheaper in one place than in another? Often the difference is due to the cost of transport: the cheaper logistics costs, the more…

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Mortgage in Spain
When buying a property, it is not always possible to pay immediately, therefore, mortgage lending is often used in transactions. Another important plus of mortgage lending is the ability to…

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Short-term rental market in Athens: where to buy to earn more?
Athens is the second city in Europe in terms of the growth rate of the number of tourists: according to estimates by research company Euromonitor International, the number of arrivals…

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loans

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

The rich also cry: what problems when buying a profitable property abroad, Russian-speaking investors face?
Buying property abroad is not easy for those who purchase it for the first time, and for already experienced investors. What difficulties do Russian-speaking buyers most often face? At the…

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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…

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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…

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The rich also cry: what problems when buying a profitable property abroad, Russian-speaking investors face?
Buying property abroad is not easy for those who purchase it for the first time, and for already experienced investors. What difficulties do Russian-speaking buyers most often face? At the…

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