Rental rates in Athens rose to 30 % over the year and exceeded pre-crisis indicators
In several districts of Athens, rent has risen in price over the past year by 20-30 % and exceeded the figures recorded before the crisis, reports ekathimerini.com. A similar situation…

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Golden visa in Spain
Golden Visa is an unofficial name for special government programs that provide foreigners with a residence permit or permanent residence for investment in the country's economy. Golden visa " is…

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Russia completely stops air traffic with other countries
Since March 27, flights abroad from Russian airports and in the opposite direction will stop. There will only be flights for the export of Russians from abroad according to the…

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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

The foreign Ministry is finalizing lists of Russian tourists who want to return home
The Ministry of foreign Affairs of the Russian Federation announced that on March 26, at 14: 00 local time, it will finish forming lists of Russian citizens who need assistance…

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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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Abu Dhabi to build 28,000 homes and apartments by 2023
The interest of foreigners in the capital of the UAE will grow thanks to" Golden visas " and the ability to buy real estate in full ownership, according to the…

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UK increases stamp duty for foreign property buyers
The stamp duty surcharge will begin to be collected from April 2021. This decision may lead to a temporary surge in the activity of foreign investors in the country's market,…

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