How are things going on the global real estate market? What future challenges does it face? International real estate plaftorm Tranio presents an overview of the main trends that investors can focus on today and for the next year.
Tranio analysts investigate how
Maintenance costs in Cyprus are rather low in comparison to average European charges. Owners pay some €1,700 per year for apartments and about €2,900 for villas with private pools.
Cyprus is a member of the EU but is not a part of the Schengen area. It remains a popular destination for foreign buyers thanks to its favourable financial and immigration policies, which give wealthy investors access to residence and citizenship. Documents must be translated in Greek or English.
Republic of Cyprus has a more favourable tax regime than other European countries. For example, there is no inheritance tax in Cyprus.
The legal system of the Republic of Cyprus is based on British law. Property rights are better protected here than in many countries and duties levied on property purchases are lower.
Cyprus is home to many major resorts that fuel this key real estate market.
The government of Cyprus has lowered the financial threshold for its citizenship by investment program.
The best locations in Cyprus, Slovenia, France, Mallorca and Austria to spend €1.5M on property including taxes and other expenses.
It's been nearly a decade since the crisis and most European markets have now entered the recovery stage. Here's Tranio's breakdown of the best housing markets in 2016.
Property in Cyprus was badly affected by the 2008 recession and the country's banking crisis in 2012, but better things are to come according to this article by Ivan Chepizhko.
Money is flooding into European commercial property markets. This article by Tranio expert, Yulia Kozhevnikova, reviews the top trends, destinations and segments to look at this year.
Sluggish economic growth, geopolitical strife and a spate of currency devaluations have seen increasing levels of capital flight from fragile states.
Most overseas property buyers are over 55 and already planning real estate succession before they sign the sales contract.
Russian buyers still dream of a second home overseas. Read on to discover the country’s top 10 locations in 2015.
Buyers often wonder whether real estate agents are necessary when buying property. At Tranio, we truly believe they are. Read on to find out why.
Russia’s recession has hurt foreign investments, but it has not affected their buying habits as buyers continue to seek out luxury residential property abroad.
In Europe, no law prohibits foreign citizens from buying property but certain countries have put limitations on this right.