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.
The Acropolis is the most important tourist magnet in Athens and typically the closer a property is to it, the higher its price and rental rate tend to be. So what’s the best way to strike a balance between the purchase price and the profit margin? Tranio explains.
In early 2018, Tranio conducted its annual survey on Russian-speaking foreign property investors, which involved 476 property market agents from 33 countries.
In view of Greece’s economic recovery and growth in tourism, investors expect prices for Athens real estate to rise.