
Greece is currently one of the few undervalued markets in Europe with strong potential for property investment. George Kachmazov, CEO and founder of Tranio, explains why Greece is an attractive choice.

In 2024, demand for overseas real estate remained robust, sustaining the high levels seen in 2023 while evolving in both geographic distribution and transaction structure.

The Cyprus Golden Knowledge programme emphasizes knowledge and skills rather than pure financial investment, distinguishing it from the now defunct “golden passport” programme. The programme is designed to facilitate the integration of skilled professionals into the Cypriot economy and society. In a move to attract technology professionals, the island has made it easier for them to obtain citizenship.

In February 2024, the total volume of property transactions reached 1,543, surpassing the number recorded in the preceding two years. The number of registered transactions increased by 14.6% compared to February 2023.

In January 2024, the total volume of property transactions reached 1327, surpassing the number recorded in the preceding two years. The number of registered transactions increased by 13% compared to January 2023.

In December 2023, the total volume of property transactions reached 2,074, an all-time high in 2 years of observations. The number of registered transactions increased by 17% compared to November 2023 and by 10% year-on-year.

In November 2023, the total volume of property transactions reached 1,768, showing an increase of 19% over the same month last year (1,484 transactions). The number of transactions remained virtually unchanged compared to October 2023 with an increase of 1.7%.

The pandemic and resulting social isolation have brought attention to the issue of loneliness. These events have demonstrated that loneliness is not only oppressive and devastating but also poses a threat to human health. The World Health Organization (WHO) has addressed the issue, and the European Commission has conducted a separate research on the risks and consequences of loneliness.

As of the beginning of 2023, the activity of Russian-speaking property buyers in various foreign countries has more than doubled compared to activity levels at the beginning of 2022.

The authorities of Turkey and Georgia reported a record number of real estate deals concluded by Russians in these countries during the 12 and 9 months of 2022, respectively. The high activity of buyers from Russia was noted by official sources from Thailand and Spain based on the data on registration of ownership rights in 2022.
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Cross-border property investors ramped up to or surpassed the pre-COVID-19 level of activity in most countries by the end of 2021.
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For Russians, Canada and the US are the top destinations to immigrate to in 2021. At the same time, Russian citizens would prefer to own real estate in Turkey or Spain and to retire in Germany
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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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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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For travelers, food can make or break a city; the more culinary options there are in a city, the more enticing a destination it will be among tourists and expats. Toward this end, a team of analysts at international real estate brokerage Tranio have conducted a survey on food outlet penetration across major European cities, taking into account the housing prices and quality-of-life rankings.