In December 2023 the foreign demand for property in Turkey continued to decline compared to the previous year's peak.
Having topped the Tripadvisor rankings for the third consecutive year, Dubai has established itself as a popular holiday destination for travellers around the world by the beginning of 2024.
Henley & Partners updated the World Passport Index by the beginning of Q1 2024, drawing on insights from the International Air Transport Association (IATA).
Hungary has approved the investor visa for the purchase of real estate under the new status of the law on mobility of third-country nationals. The duration of the residence permit under the new programme is a maximum of 10 years and it can be extended for the same maximum period.
This term applies to those investors who have already made a deposit of 10% or more by 31 July 2023.
The government of Montenegro has drafted a bill that prohibits property owners from selling and advertising without the participation of agents.
The Greek government has confirmed that the European Union has already approved the programme. This was announced by Greek Prime Minister Kyriakos Mitsotakis after a meeting with Turkish President Recep Tayyip Erdogan.
According to the study of Digital Nomad Visa Index, Spain ranks first out of 38 in the list of the best countries for digital nomads.
Cypriot Foreign Minister Constantinos Combos says that Cyprus' accession to the Schengen zone and the visa-free programme are the top priorities of the Foreign Ministry for the next year.
Athens has become one of the most popular housing markets in Europe. Prices for apartments in the Greek capital are now higher than in wealthier European cities, and luxury developments are being built up along the coastline.
Last year Greece officially launched its visa for digital nomads. To obtain such a visa, a standard package of documents must be submitted, including a contract confirming remote work, as well as a certificate confirming a monthly income of at least 3,500 euro.
In the third quarter of 2023, the average cost of long-term rentals of apartments and houses in Italy rose by 13.1% compared to the same period last year, according to the Spanish portal Idealista.
According to a study by Berlin-based recruitment platform WorkMotion, Barcelona topped the list of 85 cities as the best city for remote professionals. Dubai ranked second, ahead of Prague and Madrid (third and fourth place, respectively).
According to major Greek news portal Kathimerini, the city recorded its highest ever tourist arrivals.
According to the Greek news portal Greek City Times, individuals with 3 or more properties for short-term rentals will pay 13% VAT from 1 January 2024. Such properties include accommodation on the Airbnb platform.