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.
We still don’t know quite when the world will go back to normal, if ever. Most people speak about the ‘new normal’, but it’s difficult to say exactly what that is. However, if that has been putting you off overseas property investment, it should do so no longer.
Will Coronavirus have a profound impact on the property market like some have predicted? Will Brexit impact where companies operate and consequently, where people are moving to? 2021 could be an unusual year for the property market, as some expected and unexpected major events have impacted the way in which we all live our lives.
It costs about £9,000 a year to maintain property in the UK, including minor repairs, mortgage costs, telephone and internet, insurance, council tax and public area maintenance charges.
In Europe, no law prohibits foreign citizens from buying property but certain countries have put limitations on this right.
Real estate prices in the United Kingdom (UK) vary greatly across regions. In London, its suburbs and South East England, prices per square metre are much higher than the rest of the country. Prices are relatively low in Scotland and North West England.
An increasing number of Russian HNWIs (high-net-worth-individuals) are notifying Russia’s tax authorities about their foreign bank accounts and controlled foreign corporations (CFCs). This follows Russia’s adoption of the Common Reporting Standards (CRS) in 2016, which facilitates the automatic exchange of information regarding bank accounts between partner countries’ tax authorities in a bid to combat tax evasion.
Tranio conducted its eighth annual survey, analysing the investment and property purchasing patterns of Russian and CIS nationals abroad. The survey was primarily focussed on income property, looking at the top locations for investment, yield expectations, budgets, and preferred asset classes, as well as the general presence of Russian-speaking investors in local markets.
Tenants Fees Act 2019 restricts landlords from charging tenants additional fees.
Join us this October at the relaunched MIPIM UK Summit, the UK’s leading property event, attended by the UK property sector’s most influential players from across all sectors.
Eastern Europe is a key region for the Chinese ‘One Belt One Road’ project. But which countries is China especially interested in and what type of property should real estate investors buy?
MIPIM UK, Britain’s leading real estate event, will examine the changes taking place in the property sector as digital and social transformation are putting people and end-users at the centre of real estate-related decisions.
On 2 August 2018, the Bank of England (BoE) raised the key interest rate by 25 basis points to 0.75% - a record rate value in the last nine years. The BoE sees this as the way forward to try and decelerate inflation down to the target value of 2%.
The UK plans to launch a public registry of property-owning foreign company owners within its territory by 2021. Owners concealing information will be penalised with up to 5 years’ imprisonment.
The world’s most senior PropTech summit for real estate innovators with over 300 attendees from over 45 countries is back in London on 26 September 2018.