Articles by Paul Cziganj
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French castles sold like hot cakes amid pandemic
Last year has seen an exponential increase in castle sales in France. Secondary homes, in general, enjoyed a regain in interest compared to the previous years, but the growth was nowhere as strong as it was for castles.
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Real estate prices in Paris on the rise again
Last year landed a severe hit on real estate prices worldwide, and Paris was no exception. Still, that trend ended with 2020, as the first months of this year were accompanied by an increase in property prices in and around the French capital, according to an article by Ouest-France.
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Hungary’s real estate market set to recover by end-2021
Hungary’s strong pre-pandemic performance, economic transformation, and vaccine rollout point towards a quick recovery for its property market
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Smaller homes gain popularity in Czechia
Demand for smaller flats is surging in the Czech Republic this year, bucking global real estate trends.
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BREAKING: Andalusia to lower real estate acquisition taxes for the rest of the year
The Andalusian regional government aims at boosting the local real estate market by alleviating the fiscal burden on new buyers
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The future of California’s commercial property market depends on Big Tech
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.
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France’s property market stays resilient despite price decreases
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.
A year on, Spain’s rent prices are finally feeling the pain of COVID-19
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.
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Berlin tops list as Europe’s most profitable real estate destination
Berlin has emerged as Europe’s most desirable real estate destination as investors prioritised stability amidst the pandemic-induced uncertainty of 2020.
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London’s falling population is hurting its real estate prices
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.
US mortgage rates set to rebound as vaccine rollout kicks off
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.
Greece lightens fiscal burden on landlords hit by COVID-19 consequences
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.
Prague: AirBnB regulations leaked, but new opportunities arise
The shadow of an Airbnb ban in Prague’s historical center looms over the rental property market, but another sector shows promise.
France increases tax cuts for residential landlords
The French government seeks to reinvigorate the residential real estate market with tax deductions for landlords.
Montenegrin investment program: first passports received
The former Yugoslav republic has initiated its “investor’s passport” program, with the first applications already processed and accepted.
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