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By the time Pavel B. approached Tranio with an interest in investing in rental properties abroad, he was already an experienced commercial real estate investor. With a German supermarket and Greek flats under his belt, he was keen to expand his portfolio.
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According to PwC, Berlin has become Europe's best city for real estate investments in 2021. The German capital even edged out London and Paris in the ranking. Thanks to its strong economy and relatively successful measures against the coronavirus pandemic, Germany is one of the most secure places to invest. In this article, we explain why real estate in Berlin is in high demand with investors.
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Closed borders and lockdowns have made it nearly impossible to buy and sell international real estate as before the coronavirus pandemic. Nevertheless, the sales team of real estate brokerage Tranio found a way to fulfil their plan and carry out cross-border real estate transactions remotely.
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In this article, we’ll describe the types of profits tax in Germany and what are the profits tax rates for individuals and legal entities.
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Although the pandemic has curtailed real estate transactions in Greece, buyer interest in the country has not diminished.
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Tranio Germany provided a €3.7 million subordinated loan to a German development company for the renovation of a hotel in Munich.
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In August 2021, Tranio joined forces with the International Hotel Investment Forum (IHIF) to conduct a joint survey on the impact the global COVID-19 pandemic has had on the hospitality sector since March 2020, and to zero in on what we can expect from the market going forward.
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Tranio has brokered a transaction in which an unnamed investor acquired a retirement facility from a German development company that specialised in residential property, including retirement and nursing homes.
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Since 2020, global travel restrictions have proven to be the primary factor impeding cross-border real estate transactions among Russian-speaking investors, according to Tranio’s latest annual survey.
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The inheritance tax is one of the mandatory taxes in Germany for individuals who pay income tax.
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Until 2014, the motor vehicle tax in Germany was collected by the tax office (Finanzamt) and is now collected by the customs office (Zollamt). In this article, we will clarify the amount of the vehicle tax levied in Germany and how to calculate and pay it correctly.
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The residential complex OXO Apartments is a modern 12-storeyed condominium featuring various apartment layouts and located in Berlin’s Mitte district, the very heart of the city.
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Pandion Midtown is a new residential complex in Friedrichshain, a borough in the Friedrichshain-Kreuzberg district.
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In 2021, Alex and his family bought three apartments in Athens and applied for residence permits in Greece. Due to the pandemic, the entire purchase process took place remotely, and the Greece borders opened just in time for Alex and his family to travel to Athens to apply for a residence permit. Alex can now travel around the world visa-free and plans to spend his time at the seaside after retirement.
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The new residential complex Fox Cube is located in a cosy green area of the Lichtenberg district, eastern Berlin. The residential property prices in Lichtenberg are lower than in the central districts averaging at about €6,200 for new developments, while it takes just 15-20 minutes to get to the city centre.