Us exchanges experienced the largest drop since 1987
Us stock exchanges closed on March 16 with a record fall for the second time in a week, CNN reports. This is the largest drop in 33 years since "black…

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Named cities where luxury real estate is getting more expensive the fastest
Knight Frank analysts in the annual report the Wealth Report 2020 calculated in which cities of the world luxury housing is becoming more expensive the fastest. Consulting company Knight Frank…

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Montenegro approved the first applications for citizenship by investment
According to the press service of Henley & Partners, the first application was considered only three months. The government of Montenegro approved the applications of three investors for citizenship. The…

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currency

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 retail-cafes, restaurants and shopping centers. Already, companies are cutting costs and staff; hotel operators are renegotiating with owners to reduce the price of rental contracts.

We assume that the first bankruptcy in the hotel segment will begin in two or three months. Continue reading

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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Named Spanish regions with the highest salaries
The average salary in the country is 1,695 euros per month before taxes, according to Idealista. Madrid and the Basque Country are the regions of Spain with the highest salaries,…

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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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Knight Frank named the most prosperous cities in the world
International consulting company Knight Frank has prepared a report City Wellbeing Index 2020. Analysts measured the quality of life in 40 cities around the world. Knight Frank experts have developed…

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