Against a backdrop of an unstable ruble, Russian owners of foreign property are more often than ever trying to save on property maintenance costs.
Today, Airbnb has 19 international offices and 4 million rental listings in almost 200 countries. Over 260 million people have used the platform since it was launched in 2008.
Owning a home on the Aegean coast is a dream shared by many.
Independent participation in property redevelopment requires a large budget and business experience in the local market. However, mezzanine loans are making this more accessible to a broader audience.
This article explains how to earn on renovating and leasing flats, as exemplified by a real project in Munich.
In late December, the Organisation for Economic Cooperation and Development (OECD) published a list of countries that would share financial information with Russia in 2018. Tranio analysed how the size of capital and behaviour of foreign account holders are related.
Greece, with its
European countries are trying to regulate their
Homeowners in the USA spend 1–4% of their property’s value per year on home maintenance and repairs.
It costs about 1.0–1.5% of the property value per year to maintain real estate in Latvia.
In Israel, it costs about $10,000–10,500 (ILS 37,500–40,000) per year to maintain property. Maintenance charges for an apartment are $20–$40/sq. m. per year, $40–90/sq. m. for a house and $70–180/sq. m. for prime property.
It costs about €15–20/sq. m per year to maintain a city apartment in the Czech Republic while a detached house may incur costs reaching €25/sq. m.
It takes 30–45 days to buy a property in the USA. The acquisition procedure is completed in several steps.
Buying property in Hungary is relatively easy and it’s possible to find and buy property in a couple of days. After that, a lawyer takes over the remaining steps. In total, the buying and registration process take about two months.
In 2000, Finland lifted restrictions on all property acquisitions by foreign citizens excluding farmland and it generally only takes two weeks to finalize a transaction.