Portugal has announced new requirements for its Golden Visa programme, which will increase minimum investments requirements for several categories, reported Investment Migration Insider. These long-awaited changes will come into effect on January 1, 2022.
Home owners in Barcelona will no longer be allowed to rent rooms out for less than 30 days at a time, as the city’s council seeks to prevent the spread of tourist rentals, Idealista reported.
Italy’s 1 euro houses are still popular in 2021. The municipality of Delia in Sicily has become the latest Italian village to launch an initiative to sell old and derelict houses for €1, a report by Idealista showed.
Following a record performance by Austria’s real estate market last year, experts say 2021 too is off to a promising start.
Greece’s strong passport and high quality educational institutions are expected to attract immigrant investors in 2021, following a fall in demand from real estate investors last year.
High-value homes in Turkey will now attract an additional tax as the country implemented its new ‘Valuable House Tax’ after a year’s delay, Turkish news portal Hurriyet Daily News reported.
House prices in the European Union rose by an average of 5.2% year-on-year in the third quarter of 2020, a report by Eurostat showed. House prices in the euro area increased by 4.9% annually in the same quarter.
Residential house prices in Cyprus fell by nearly 5% in the third quarter of 2020, compared to the previous quarter.
Low interest rates and easier regulation led to a recent boom in the Czech real estate market. Even as other sectors of the economy struggled due to the pandemic, the Czech housing market continued to grow, reported Czech Radio
Improved domestic demand on the back of easing pandemic restrictions led to Norway’s economy posting its biggest quarterly expansion since at least 1990.
Swiss homeowners' associations will be forced to disclose information about apartment owners from 1 January 2021.
Global house prices strengthened in the third quarter of 2020, despite travel restrictions and other challenges posed by the coronavirus pandemic.
The Spanish cities of Valencia, Alicante, Malaga and Madrid have emerged as four of the ten most popular destinations for expatriates to live in this year.
Children born to Portuguese golden visa holders can now obtain citizenship by birthright, even if their parents have lived in the country for only 7 days in a year.
A new list of rankings by travel website Best European Destinations (EBD) reveals the most preferred places in Europe for Americans to live, work, retire and start a business in.