The Andalusian regional government aims at boosting the local real estate market by alleviating the fiscal burden on new buyers
The post-COVID policies of large technology companies will dictate the fate of California’s local commercial property market in 2021 and beyond, according to an article in the East Bay Times.
France’s property market has proved more resilient to the pandemic-induced economic crisis than expected, according to a recent article in French financial information website Boursorama.
As Western Europe marks a year since the COVID-19 first hit the region, average rent prices in some of Spain’s biggest cities are finally succumbing to the pressure of the pandemic, Spanish daily newspaper El País reported.
Berlin has emerged as Europe’s most desirable real estate destination as investors prioritised stability amidst the pandemic-induced uncertainty of 2020.
The combination of the COVID-19 pandemic and Brexit have driven nearly 700,000 foreign-born residents to leave London over the last year, reported the Financial Times.
Historically low mortgage rates in the United States may soon be set to rise, reported the Washington Post, as the country’s large scale vaccination plan signals an end to emergency economic measures.
The Greek government has amended a recent law to lighten the tax burden on property owners whose tenants paid less in rent than before the COVID-19 crisis. Should their losses amount to 40% of what they would have earned if not for the pandemic, they may pay less tax.
The shadow of an Airbnb ban in Prague’s historical center looms over the rental property market, but another sector shows promise.
The French government seeks to reinvigorate the residential real estate market with tax deductions for landlords.
The former Yugoslav republic has initiated its “investor’s passport” program, with the first applications already processed and accepted.
Greece has launched temporary fiscal measures to reinvigorate the country’s real estate market and construction sectors after the COVID-19 crisis.
Burgeoning plans to reopen the abandoned Hellenikon airport of Athens aim to create a groundbreaking tourism hub in the region.
Uruguay is launching a fiscal residency program in July that offers attractive tax rates in return for investment into the local economy.
The 2010s were a prosperous decade for real estate in the Czech Republic, which has seen the number of sales and rent contracts grow exponentially thanks to several factors such as the recovery from the 2008 financial crisis, the development of tourism in the country, and the appearance of short-term rental platforms such as Airbnb.