Articles by Julia Naymushina
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Austria: rising risks from mortgage amid real estate boom
According to the international news organization Reuters, the central bank reported that risks from insufficiently cautious mortgage lending are increasing amid a boom in the Austrian real estate market.
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Spain is expected to receive more property investments in 2022
According to Idealista, Spain will be considered a main destination for investment in the real estate market. In particular, according to forecasts of Knight Frank experts, Spain will receive real estate investments in the amount of about 7,500 million euros.
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The tourism sector looks forward to winter visits to Cyprus
According to the Paphos branch of the Hoteliers' Association, October was the most promising month for tourism this year due to hotels having the highest occupancy rate, with an overall increase of around 20 percent.
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The first real estate purchase with cryptocurrency in Portugal
According to The Portugal News, two villas under construction for a total of € 4.1 million are the first purchase of the luxury real estate in Portugal with the use of the Cardano cryptocurrency.
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Cyprus and Greece ranked the best locations in the world to buy a vacation home
The recent study by Compare the Market shows that Cyprus and Greece are the most profitable destinations in Europe for buyers interested in the acquisition of a holiday home.
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Spain’s tourism sector has a record-high number of domestic travelers in July
The Spanish news portal El Pais reports that the country recorded 5.8 million domestic tourists in July, compared to 5.7 million in the same month in 2019.
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Greece welcomes over 6 million tourists
Although it is far from a record 33 million in 2019, Greece has attracted more than 6 million tourists during the COVID-19 pandemic in 2021, and the revenues are critical to the economy suffering from quarantine, as reported by The National Herald.
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Israel: record number of apartment sales in June
According to The Jerusalem Post, the Finance Ministry said that 13,800 apartments were sold in June, which means the highest amount in six years. This continues a trend that has been growing since the beginning of the year.
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Over 4 million tourists visited the most popular Turkish province
Tourist traffic data for January 1 — August 15, 2021 revealed that 4.35 million tourists arrived at the province during this period, despite the ongoing coronavirus outbreak worldwide.
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Cypriot economy will recover in 2021
According to in-Cyprus, the Minister of Finance Constantinos Petrides reports that Cyprus will be able to restore economic and employment facilities to positive indicators that existed before the pandemic. The National Recovery and Resilience Plan includes significant reforms and investments. It is indicated in a written statement on GDP growth rates in the second quarter of this year.
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Montenegro supports energy efficiency measures for buildings
The Investment and Development Fund (IDF) and the Environmental Protection Fund (Eco Fund) of Montenegro encourage companies, entrepreneurs and farmers to use solar power plants with the possibility of subsidizing loans with grants, as reported by Balkan Green Energy News, the website covering sustainable energy, climate action and environmental protection.
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Italian region offers to pay new residents for moving in
Idealista reports that several villages in the Italian region Calabria need to be repopulated, and the country offers money to those who decide to live there. The potential residents can receive up to 28,000 euros if they move to these areas during this year.
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Thailand plans to expand the Sandbox tourism program
According to the travel news portal CNN Travel, the Phuket Sandbox extension plan is scheduled to start on August 15.
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Czech Republic ranks second in Europe in terms of least affordable housing
The availability of new housing in the Czech Republic last year was the second-worst compared to 22 European countries.
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European tech hubs: Madrid makes the list
According to Idealista, Madrid offers more high-tech jobs than other parts of Spain and the whole of Europe.