Mortgage in Spain
When buying a property, it is not always possible to pay immediately, therefore, mortgage lending is often used in transactions. Another important plus of mortgage lending is the ability to…

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Greek phoenix: how tourists revive the real estate market in Athens
The decline in the Greek economy, which began in 2009, is slowing. The IMF predicts GDP growth already this year, and the unemployment rate has been slowly but surely falling…

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Barcelona: investment in a city tired of tourists
Tourism accounts for more than 14% of Spain’s national GDP and 2.6 million jobs. Barcelona is the country's economic center and one of the most visited cities in Europe: according…

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concluded informally

Mortgage in Greece

Although the formal issuance of loans in Greece is not prohibited, in practice, banks do not issue loans to either local or foreign property buyers. The exception is the large Greek companies with established reputation in the market.

Loan terms
6–30 years old

Legal entities can try to get a loan secured by real estate in Greece 2-4 years after its purchase. Continue reading

Feast on Olympus: investors are returning to Greece

In the summer of 2017, international rating agencies Standard & Poor’s, Moody’s and Fitch raised Greece’s credit ratings with a positive outlook. Analysts state: the country’s economy is recovering from the crisis. Their optimism is shared by other experts:

According to IMF forecasts, by the end of 2017 Greece’s economy will grow by 1.8%, while the EU forecasts growth of 1.6% in 2017 and 2.5% in the next two years; Continue reading

Barcelona real estate market: 2 months after the split

The last few years the real estate market in Barcelona has experienced a boom. in 2013, prices reached the bottom and began to grow rapidly: according to the portal Idealista, by the third quarter of 2017 they increased by 46% to 4,335 euro / m², almost reaching the pre-crisis maximum of 4,732 euro / m². According to the Barcelona City Government (Ajuntament de Barcelona), the number of real estate transactions increased from 9 thousand in 2013 to more than 14 thousand in 2016. Continue reading

Wealthy Russian investors in Germany: a Tranio study
In 2017, the company Tranio studied the audience of investors from Russia and other countries of the former USSR, buying in Germany profitable real estate worth from 1 million euros.…

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Eurotour: where to rent a property is more profitable?
In 2016, the UN World Tourism Organization (UNWTO) recorded a new record: over the year, 1.235 billion international trips were made - 3.9% more than in 2015. Almost half of…

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Toronto: how rent restrictions will help hoteliers
The proliferation of online services that allow you to rent housing quickly and without intermediaries quarreled residents of large cities with the authorities and hoteliers. Now many cities in Europe…

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