developed countries
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.
The cost per square meter in Greece is lower than in most European countries: in many locations the price does not exceed 1 thousand euros. Another argument in favor of Greece is the possibility of obtaining a European residence permit when purchasing an object with a value of 250 thousand euros or more. Continue reading
Games with profitability: how to make money on real estate abroad
When I started working in this direction, I was faced with the fact that by the word “profitability” everyone understands something of their own.
For some, profitability is the net profit minus all expenses and taxes, for others – IRR, that is, an indicator calculated on the basis of cash flows taking into account discounting and the conditional sale price in 10 years, for the third – annual revenue divided by the value of real estate. Continue reading
Italy: new investor visa program
In December 2016, the Italian government presented a new program for obtaining a residence permit for investment. Acceptance of documents for a new visa is scheduled to begin in autumn 2017.
According to its conditions, foreigners have several investment options:
from 500 thousand euros to local “innovative start-ups”; Continue reading
