Today, Airbnb has 19 international offices and 4 million rental listings in almost 200 countries. Over 260 million people have used the platform since it was launched in 2008.
From January 1, 2018, foreign tourists who stay in Greece for more than a day are obliged to pay a “stayover tax”, the amount of which depends on the category of the hotel or apartment they stay in.
In 2015 the number of Greek real estate market transactions increased for the first time after the crisis. Foreign investors account for 20% of buyers.
To purchase property in Greece, investors are required to visit the country only once. The purchase procedure has seven simple steps.
Germany has one of the lowest interest rates for mortgage loans in Europe. German banks issue loans to purchase property to residents and foreigners alike. The process takes one month on average and costs about 1% of the loan value.
Taxes in Greece review: purchase, ownership, sale, inheritance.
It costs about €500–3,000 per year to maintain property in Greece, which is mostly spent on taxes and utility bills.
German property maintenance costs include taxes, insurance and utility payments. Average expenses vary between federal states: for instance, in the cities of Mönchengladbach and Wuppertal located in North Rhine-Westphalia, property maintenance is more expensive than in all the other regions.
Berlin’s property market is one of the most dynamic in the world. The German capital´s population is growing by about 40,000 annually, with the increase largely from young professionals.
The presence of foreign citizens in Germany is regulated by the Law on residence, employment and integration of foreign citizens in Germany. Buying real estate does not grant foreigners the right to temporary residence.
Foreign nationals pay taxes at the same rates as German residents on property purchases, ownership, lease or alienation.
This article explains how to get Spanish residency, what the terms are, and how much it costs. All information is sourced from Spain’s Immigration Portal. Non-EU citizens need a Schengen visa to enter Spain. Read our article to find out how to obtain one and how much it costs.
Before the coronavirus pandemic gripped the world, property prices in Spain were growing steadily from 2015 but had not yet reached the 2008 pre-crisis mark. Despite the current uncertainty, it’s still possible for foreigners to buy real estate in Spain – but it’s important to remember, always close a transaction properly. Never cut corners. Here are seven steps for foreigners buying real estate in Spain.
Non-EU citizens can only take out mortgage loans in Greece if they hold a national residence permit.
Last year, Chinese invested billions into real estate around the world with a marked preference for five