Property prices in Greece 2017–2018
Greece owns more than 6 thousand islands, but only on 227 of them people live. Rhodes, Lesbos, Corfu, Santorini and Mykonos are the most popular islands among wealthy property buyers.…

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Street retail in Athens: focus on the center and prosperous suburbs
Since 2010, the Greek government has taken many measures to reduce public debt and budget deficits. They have already brought the first results: according to the IMF estimates, GDP growth…

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Self-governing mobile homes: how unmanned vehicles will change the real estate market
Self-governing transport is already a reality. Driverless taxis drive around Pittsburgh, San Francisco and Singapore. In Colorado, the first delivery was made by an unmanned truck, and in London an…

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Commissions of real estate agents in different countries

Austria
In Austria, the commission in most cases is paid by the buyer, its size is 3% (including VAT 20% – 3.6%). The amount of remuneration is regulated by the Code of Acts for Real Estate Agents (Rechtsvorschrift für Standes- und Ausübungsregeln für Immobilienmakler), and the realtor does not have the right to demand more than what he should be. Continue reading

Why to invest in Barcelona value added projects in 2017–2018

Recovering after the crisis, the Spanish economy is regaining lost positions: if in 2009 the GDP growth rate fell to a record low of −3.57%, then from 2012 the figure shows steady growth, reaching 3.2% in 2016.

Catalonia is the most developed region of Spain, the GDP of Catalonia is 20% of the GDP of the whole country. The unemployment rate in Barcelona is consistently below the national average: in 2016, the gap was 3.7%. Continue reading

What will happen to the real estate market if mortgage rates rise?

In recent years, mortgage rates in Europe and the USA have fallen, dropping to a record low by 2017, while real estate prices have grown at an accelerated pace.

However, in 2015, the US Federal Reserve System (FRS) began to gradually increase the discount rate. Many assume that, following this rate, mortgage interest will begin to rise (both in the United States and in Europe), and this will put pressure on the value of real estate, as investors will expect a higher return on invested capital. Continue reading

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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Property prices in Greece 2017–2018
Greece owns more than 6 thousand islands, but only on 227 of them people live. Rhodes, Lesbos, Corfu, Santorini and Mykonos are the most popular islands among wealthy property buyers.…

...

Commissions of real estate agents in different countries
Austria In Austria, the commission in most cases is paid by the buyer, its size is 3% (including VAT 20% - 3.6%). The amount of remuneration is regulated by the…

...