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 →

30% of new apartments in Barcelona will be allocated for social housing
The Commission on Environment, Urban Planning and Mobility in Barcelona (Comissió d'Ecologia, Urbanisme i Mobilitat) approved an amendment to the master plan of the city: according to the new rule,…

Continue reading →

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…

Continue reading →

more attractive conditions

Expansion history: how Airbnb is changing the global real estate market

The idea of ​​Airbnb was born in 2007: then in San Francisco the recent graduates of the Rhode Island Design School, Brian Cesky and Joe Gebbia, had nothing to pay for renting an apartment that they rented together. On the eve of the next conference for designers, when there were not enough places in local hotels, Cesky and Gebbia decided to rent a living room: they created the site Airbedandbreakfast.com, and a week later three people stopped in their house, each of whom paid $ 80 for night. 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

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 consulting company 52 experts from the international investment market in 2017 showed. Compared to 2016, the number of those who are willing to consider investing in this market has doubled. Real estate in Greece is again becoming attractive for foreign investors for several reasons.

Residence permit when buying property 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…

...

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…

...

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…

...

UK will open the owners of real estate, decorated on offshore
On July 23, the Parliament of Great Britain introduced a new draft law on the creation of a public registry in which foreign companies owning real estate in the country…

...