Montenegro is popular among tourists for its natural beauty, historic sites and ancient cities of Kotor, Herceg Novi and Tivat. Tranio reviews real estate prices and sought after destinations.
Croatia is home to some of Eastern Europe’s oldest academic institutions, the universities of Zagreb, Split and Dubrovnik, which are attended by thousands of students from all over the world. Along with the high academic standards, the warm climate, relatively low costs of living, foreign citizens are also attracted by the nation’s warm hospitality and friendliness.
It costs about €2,000 a year to maintain a home by the sea in Croatia.
When purchasing a Croatian property, the buyer pays a 3% transfer tax.
Croatia officially joined the European Union on 1 July 2013. In order to bring its legislation in line with EU regulations, Croatia introduced a similar visa regime for countries, citizens of which cannot enter the EU without a visa.
The real estate market in Croatia is subject to restrictions hanging on the existence of bilateral agreements with the buyer’s home country.
France is the third most popular destination for international students after the UK and the USA. It has 83 public universities, about 200 engineering schools, 200 schools of economics and management, 120 public higher schools of art and 20 schools of architecture.
The French property market has traditionally been distinguished by stability. Over the years, residential real estate prices in France have steadily been upbeat in Paris, Côte d’Azur, and major cities of the provinces with international airports.
In Finland, costs for maintenance start at €1,000 for an apartment or holiday home. According to Pellervo Taloustutkimus, a Finnish think tank, property maintenance will gain 3.1% on average per year up to 2017.
Income and corporate taxes in Finland are relatively high. The annual real estate tax rate depends on whether the owner has their permanent residence in Finland.
Finland offers favourable mortgage terms to foreign nationals; however, some banks will only provide loans to borrowers with permanent residence permits (pysyvä oleskelulupa) or who have guarantors with Finnish citizenship.
Finland is a popular real estate destination for its neighbours from Scandinavia and Russia. They favour apartments in large Finnish cities, such as Helsinki, Tampere and Turku, as well as homes in the picturesque regions of Lapland and Lakeland.
Citizens from 120 countries can either stay in Turkey for up to 90 days without a visa or get a single-entry visa upon arrival.
How to get a mortgage for real estate in Turkey for a foreigner? Mortgage lending terms in Turkey for foreigners in 2022: maximum loan to value ratio, interest rates, the required documents.
Turkey is a popular destination for buyers looking for hot deals on resort property, luxurious urban abodes and historical buildings to renovate. With prices rising year on year, it might be worth checking out our guide to buying property in Turkey.