commission to his agent
The international platform for cross-border real estate transactions, together with one of its clients and a local developer, is investing in the construction of an apartment building on Rue Numancia in Les Corts, one of the central districts of Barcelona. Continue reading
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
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