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Turkish house sales rise 38.8% in April; Russians top foreign buyers
Turkish house sales rose 38.8% in April on the year to 133,058 houses, data from the Turkish Statistical Institute showed on Tuesday, with more than double the houses sold to Russians compared to a month ago as they sought a financial haven.
Published: 17 May 2022
Dubai the most profitable city in the world for Airbnb landlords
Dubai is the most profitable and expensive location in the world for Airbnb landlords, particularly for owners of properties near Burj Khalifa, a survey by UK-based landlord insurance company CIA Landlords has found.
Published: 16 May 2022
Real estate market of Dubai booms in first quarter
Property investors from the UK, Italy, and France claimed prime spots in the top-10 list of foreign investors in Dubai as the emirate’s real estate sector witnessed the dominance of the secondary market in the first quarter.
Published: 12 May 2022
Turkey Introduces $75,000 Minimum on Property for Foreigner Residence Permits
According to the latest decision by the Presidency of Migration Management of Turkey, foreigners who wish to obtain short-term residence permits or family residence permits via purchasing immovable property in Turkey will be subject to a minimum value as part of updated criteria.
Published: 12 May 2022
House prices on Germany’s North Sea islands skyrocket
A recent report has revealed that house prices on Germany’s North Sea islands are increasing significantly. Local authorities are trying to combat the problem, with plans to prohibit the construction of new holiday homes being discussed.
Published: 11 May 2022
The number of properties for sale in Italy falls by 2.8%
In an overview of Italian real estate in 2021 and 2022, data shows that the supply of homes for sale fell by 2.8% during the first quarter of 2022, i.e. the number of properties for sale in Italy decreased by this amount. This is compared to the same period last year, according to a study published idealista. In Rome, supply fell by 10.7% over the last twelve months, while in Milan it grew by 2.1%.
Published: 5 May 2022
May 2022: 9 changes affecting expats in Germany
A new month can only mean one thing: more changes are coming to Germany. From the census to the end of COVID testing in kitas, here are 9 things expats should look out for in May 2022.
Published: 4 May 2022
Marina 101: Dubai's second-tallest building 'close to completion'
Marina 101, the second-tallest building in Dubai behind Burj Khalifa, is "close to completion", said The Real Estate Regulatory Agency (Rera) at Dubai Land Department (DLD). Construction started in 2007 and was scheduled for completion in 2014, but while it hasn't been a smooth ride for investors, there now appears to be fresh hope.
Published: 29 Apr 2022
Turkey. Karaca Island for sale for $24.3 mln
The owner of Karaca Island, located in the Gökova Gulf, has updated the island’s sale price from 145 million Turkish Liras ($9.8 mln) to 360 million liras ($24.3 mln).
Published: 28 Apr 2022
Germany. Majority of Renters Believe They Will Never be Able to Buy a House
Property prices have been rising rapidly in Germany for years, not only in the major cities but increasingly in rural areas too. According to a new survey, the majority of people renting in Germany now believe that buying a house in their desired area would be beyond their financial capabilities.
Published: 27 Apr 2022
Marbella: All the Details About the World's Best Luxury Real Estate
Vista Lago Residences is an elite residential project. It consists of 18 luxury villas, which are located on the slopes of the hills in Marbella with a picturesque view of the Mediterranean Sea.
Published: 26 Apr 2022
Malta Reportedly Open to Ending Citizenship by Investment Over EU Pressure, Dwindling Revenue
The Times of Malta reports to have obtained statements from “senior government sources, including cabinet ministers, civil servants, and external advisers” confirming that Prime Minister Robert Abela, who recently won another term in office, is contemplating a potential end to the country’s MEIN policy.
Published: 22 Apr 2022
Dubai South to have ultra luxury golf community
Discovery Land, a US-based luxury real estate developer and operator of private residential club communities, signed an exclusive agreement with Dubai South having purchased a plot of land in the community for Dh1 billion ($272 million).
Published: 21 Apr 2022
Growing demand for real estate in Montenegro increased apartment prices by 10%
The wave of rising prices has not bypassed the real estate market of Montenegro. Prices for apartments have increased by ten percent since the beginning of the year, so in Budva it is difficult to find an apartment below two thousand euros per square meter, and in Podgorica this price has exceeded 1300 euros per square meter.
Published: 21 Apr 2022
Higher Rates Start to Cool Canada’s Hot Housing Market
Canadian home sales posted their biggest decline since June as rising interest rates begin to cool the country’s red-hot real estate market. National home sales fell 5.4% in March from the previous month, with new listings also declining by about the same amount...
Published: 21 Apr 2022
Russians Climb Dubai Property Ladder as Sanctions Imperil Wealth
Russian buyers snapped up Dubai real estate in the first quarter of this year, climbing two places to fifth in a country ranking by brokerage Betterhomes.
Published: 20 Apr 2022
UAE Cabinet Approves New Entry, Residence Scheme for Foreigners
The United Arab Emirates’ cabinet approved regulations on entry and residence of foreigners, formalizing a process aimed at giving expatriates a bigger stake in the economy.
Published: 19 Apr 2022
Renters warned to expect "price shock" in 2023 utility bill statement
Since Germany is still largely a nation of renters, most people won’t feel the effects of the recent dramatic rises in the price of energy until next year, when they receive their annual utility bill statement (Nebenkostenabrechnung) - and experts are warning that many tenants could be in for a shock.
Published: 14 Apr 2022
Turkey to hike citizenship-for-homes threshold as sales soar
Foreigners looking to buy homes in Turkey to become Turkish citizens will now have to pay more, reports said Wednesday, in a move that comes as sales to foreign buyers, particularly Russians and Ukrainians, are soaring.
Published: 13 Apr 2022
House prices in Germany rose record 12,2 percent at end of 2021
With prices in the German housing market still rising rapidly, the risk of a bubble forming is growing greater by the day, making things more precarious for people who take out mortgages in Germany, and the banks that lend them the money.
Published: 13 Apr 2022
Turkish property sales to foreigners jumped nearly 50% to a record level in November
The biggest support for the new economic programme in the period ahead will come from property sales to foreigners.
Published: 16 Dec 2021
Cuprus property sales jump 25%
Real estate sales increased by 25% in the 11 months to November, compared to the same period of 2020, with Nicosia transactions exceeding pre-coronavirus levels.
Published: 8 Dec 2021
Turkey plans to open summer season in 2021 earlier
The start of the tourist season in Turkey is scheduled for April 2021
Published: 11 Jan 2021
Golden Visa for Real Estate Investments: Spain Breaks Record
According to data compiled by one of the main Spanish newspapers El País, in 2019 Spain issued 681 gold visas to foreigners who paid more than 500,000 euros for the purchase of one or more real estate properties...
Published: 24 Jun 2020
Czech Country Real Estate has Risen in Price by 40%
In the Czech capital, an extreme increase in prices for suburban holiday property was recorded. The average prices for summer houses and cottages in Prague over the past year have increased by 40%...
Published: 24 Jun 2020
Cyprus Real Estate Market will Stabilize in the near Future
INDUSTRY experts predict the stabilization of real estate sales in Cyprus as the country's exit from the crisis with coronavirus is obvious...
Published: 22 Jun 2020
Turkey Launches Free COVID-19 Certification System for Tourism Growth
The Turkish Minister of Tourism announced that the country is launching a COVID-19 certification system that will be internationally recognized and will be able to advertise areas free of coronavirus...
Published: 4 Jun 2020
Canada's Real Estate Market will Recover in the Second Half of 2020
When the first measures were taken to combat COVID-19, the Central Bank of Canada and leading financial institutions did not wait to get an answer to the question of whether the massive economic crisis would lead to the collapse of the residential real estate market...
Published: 3 Jun 2020
Real Estate in Spain: a Safe House for Investors
Unlike stocks and bonds, real estate exists in the real world. While financial analysts and market experts are discussing in what form the recovery of the Spanish economy after the coronavirus can follow...
Published: 3 Jun 2020
Spanish Reality: Occupiers and the Law
Costa del Sol attracts all potential buyers and investors from abroad: from well-off sun-lovers to unprincipled occupiers. Squatters (or “okupas” as they are called in Spanish) are becoming more common in Spain...
Published: 1 Jun 2020
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