How the size of the capital and the behavior of owners of foreign accounts: the study of Tranio and Adam Smith
Russia joined the agreement on the automatic exchange of financial information (Multilateral Competent Authority Agreement, MCAA), and at the end of December 2017 the OECD published a list of countries…

Continue reading →

UK: new conditions for wealthy immigrants?
The British investor visa has always been popular among Russians: the nearest European metropolis attracted usable culture and full protection from the state. Now, some investors will probably think about…

Continue reading →

Property Maintenance in Greece
The maintenance of an apartment in Athens costs on average from 700 to 1.8 thousand euros, villas on the islands - from 1.5 to 15 thousand euros. The main items…

Continue reading →

commission to his agent

Mortgage in Germany

In Germany, one of the lowest mortgage interest rates in Europe. German banks provide loans to buy an apartment or house and residents and foreigners. Mortgage registration lasts an average month and costs about 1% of the loan amount.

If an investor buys real estate in Germany for rent, the loan increases the return on invested capital at the expense of leverage, since the cost of borrowed money is usually less than the proceeds from the lease. Continue reading

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

Property Maintenance in Greece
The maintenance of an apartment in Athens costs on average from 700 to 1.8 thousand euros, villas on the islands - from 1.5 to 15 thousand euros. The main items…

...

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…

...

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…

...