French businesses temporarily exempt from property payments
The French President introduced a delay in utility and rental payments for small businesses. The country's authorities are trying to support the economy in connection with the spread of the…

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In Ireland, agents sell real estate online
Virtual views, live chats with brokers and electronic signature of documents are the new reality of the Irish real estate market, writes The Irish Times. Savills Ireland has launched a…

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Foreign investment in real estate in Greece has become a record
Sales of Greek real estate to foreigners soared by almost 30 % over the year and reached a record level in 2019 — 1.45 billion euros, writes Ekathimerini. According to…

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Foreign investment in real estate in Greece has become a record

Sales of Greek real estate to foreigners soared by almost 30 % over the year and reached a record level in 2019 — 1.45 billion euros, writes Ekathimerini.

According to the Bank of Greece, in 2019, foreigners purchased real estate in the country for a total of 1.45 billion euros. This is 29.4% higher than the previous year-1.13 billion euros.

Real estate accounted for 35 % of foreign direct investment in the Greek economy, which amounted to 4.2 billion euros, according to Ekathimerini. Continue reading

Waiting for a recession: as the Russian ultrahindi saving money in real estate
The coronavirus pandemic, panic on world markets, quarantine, falling oil prices and the falling ruble have affected the real estate market. The first to suffer were the hotel segment and…

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World on lockdown: countries close borders and impose quarantines due to coronavirus
On Monday, March 16, several countries announced the closure of borders and the introduction of quarantines due to the spread of the coronavirus. Russia has closed the border with Belarus.…

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The number of countries transmitting information about tax residents to Russia has increased
The organization for economic cooperation and development (OECD) continues to fight tax evasion and illegal profit-withdrawal schemes. One of the methods is the automatic exchange of information about foreign accounts,…

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In new York, large brokerage companies acquire smaller firms
Mergers and acquisitions are the most significant trend in the new York real estate market, writes Forbes. Amid the panic, big players are buying up small companies. In new York,…

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