At first glance, residence-for-investment programmes are beneficial to both parties: investors get free access to the Schengen area, while countries offering ‘golden visas’ attract billion-dollar investments. However, some recipients can use the granted advantages to avoid paying tax, bringing the scheme under increased scrutiny.
Booming German property prices have led some experts to predict an impending price decline per square metre in the country. But Boris Eliasson, Head of Tranio in Germany, thinks otherwise; here, he explains why the prices will not stop growing in the near future.
The German property market is one of the most stable in the world. And today, it is a seller's market, as there are fewer properties available than investors wishing to buy them. Tranio explains some of the pertinent details an investor must consider before taking the plunge into the German rental market.
On 2 August 2018, the Bank of England (BoE) raised the key interest rate by 25 basis points to 0.75% - a record rate value in the last nine years. The BoE sees this as the way forward to try and decelerate inflation down to the target value of 2%.
German commercial real estate market is considered to be a seller's market, with high-quality properties getting snapped up, and realtors mostly prefer to work with local clients. But large and riskier transactions are a different matter, requiring increased scrutiny from the buyer, i.e. ‘due diligence’.
The UK plans to launch a public registry of property-owning foreign company owners within its territory by 2021. Owners concealing information will be penalised with up to 5 years’ imprisonment.
International real estate broker Tranio has assisted a Russian investor in purchasing a land plot for the construction of a residential complex in Hamburg.
The world’s most senior PropTech summit for real estate innovators with over 300 attendees from over 45 countries is back in London on 26 September 2018.
Analysts conclude, having studied Airbnb listings, that over the past two years, short-term rental revenues in Greece have grown more significantly in locations less popular with tourists.
Tranio has conducted a survey of 476 real estate market experts from 33 countries to find out what factors complicate or cause transactions to be aborted that involve Russian-speaking foreign property investors.
The most popular location with property buyers in Hungary is the capital, Budapest. This city is known as one of Eastern Europe’s cultural centres and is renowned for its magnificent architecture and historic thermal baths.
Costa Blanca, the province of Alicante’s coastline, is one of Spain’s most popular destinations for tourists and international property investors alike.
Greece owns more than 6,000 islands, but only 230 of them are inhabited. The most prestigious properties can be found on the islands of Rhodes, Lesbos, Corfu, Santorini and Mykonos.
A small hotel is typically a hotel with fewer than 30 rooms. What type of investor does this category of real estate suit best, and what should one look out for when choosing a property?
Barcelona authorities have approved the modification of its General Metropolitan Plan. Under the new regulation, developers must set aside 30% of new-build or renovated apartment buildings over 600m² for social housing.