Golden Visa Effect: How Passport Sales Impacted European Property Markets
The 2008 crisis hit most European real estate markets. One of the measures that a number of countries resorted to in an attempt to support the flow of investment was…

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Property taxes in Germany
When buying, owning, renting and disposing of real estate in Germany, foreigners pay taxes at the same rates as residents of the country. Purchase After the conclusion of the transaction,…

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Real estate crowdfunding: 12 major platforms in Europe and the USA
It’s hard to believe how new the idea of ​​crowdfunding really is: back in 1997, the British rock band Marillion collected $ 60,000 through an online platform - this is…

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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 for the last couple of years. In a survey conducted by PwC, today’s Greece is called “more modern” and they note interest in Athens by international investors: the Middle East consortium bought Astir Palace Hotel in Athens, businessmen from Qatar and Dubai are planning a project for the redevelopment of the former Ellinikon Airport. Continue reading

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…

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Property taxes in Germany
When buying, owning, renting and disposing of real estate in Germany, foreigners pay taxes at the same rates as residents of the country. Purchase After the conclusion of the transaction,…

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Hotels in Europe: markets and prospects
According to the UN World Tourism Organization (UNWTO), in 2016 the number of tourists traveling abroad broke a new record: 1.235 billion people. Nearly half of them (615 million) traveled…

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