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
Greece News Digest: Light at the End of the Tunnel
Tranio experts are confident that now is the best time to buy Greek real estate, as prices have reached bottom and are ready to grow (according to the Bank of Greece, since the 2nd quarter of 2017, the cost per square meter in Athens stopped falling). Not only we see positive changes: the editors compiled a digest of the main news about the Greek economy, published in the first three months of 2018. Continue reading
Currency games: to whom and where it was profitable to buy overseas property
Currency fluctuations are affected by various factors: monetary policy, inflation, consumer confidence, GDP dynamics, and the balance of payments. As a rule, along with the growth of the currency, real estate prices simultaneously rise and profitability decreases (and vice versa). 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. The study was based on the results of a survey of Tranio partners: private agents and representatives of real estate companies operating in the German market.
In Germany, there are no restrictions for foreigners to buy real estate, and this country is called the “center of attraction for key investors” in the “Emerging Trends in Real Estate – Europe 2018” report prepared by PwC in cooperation with the Urban Land Institute. Continue reading
Tranio in 2017: foreign customers and new projects
In 2016, the international real estate broker Tranio set itself global challenges for the next few years: to become the largest company in the global real estate market, provide clients with various investment tools and give the opportunity to make transactions in the same window. In 2017, we continued to develop in this direction.
The growth of attendance and sales
The Tranio website has become even more popular: more than 2 million people visited it in 2017, which is two times more than in 2016. Continue reading
