Between 2007 and 2016, foreign property transactions reached $6.7 trillion. Tranio expects such investments to grow over the long-term for a number of reasons.
Tranio has analysed price dynamics in 40 cities around the world to find out the best places to buy property in 2018.
The Bank of Greece has published its statistics for 2017 – the country’s decline in property prices slowed to 1%, which is a 10-year record.
The opening of a new airport or the expansion of an existing one is a positive sign that stimulates demand in the property market.
From January 1, 2018, foreign tourists who stay in Greece for more than a day are obliged to pay a “stayover tax”, the amount of which depends on the category of the hotel or apartment they stay in.
In 2015 the number of Greek real estate market transactions increased for the first time after the crisis. Foreign investors account for 20% of buyers.
European countries such as Spain, Portugal and Malta are popular among pensioners though many are unable to afford to retire there. Greece, however, offers a similar quality of life at a lower cost.
Residential property in Hungary is several times cheaper than Western Europe. At the same time, the country has
Owning a home on the Aegean coast is a dream shared by many.
Visitors to Greece in April have a unique opportunity to change from ski clothes into their swimsuits, with ski resorts located only a few hours from the coast by car.
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.
The Alps are
According to a survey by Tranio, political and economic instability is one of the main reasons behind foreign property purchases.
The real estate market
This article explains how to earn on renovating and leasing flats, as exemplified by a real project in Munich.