Rating Agency S&P predicted a global recession
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The Bank of Greece forecasts a stable situation in the real estate market
The impact of the pandemic on the domestic and global economy may affect the Greek real estate market in the short term. But as soon as the situation normalizes, demand…

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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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decline

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

New rules for foreign account holders
From 2020, it will be easier for Russian residents to receive income from real estate to their foreign accounts. Tranio lawyers explain what this means, how to submit reports to…

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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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Real estate agencies in Bulgaria will receive clients from Tranio
International real estate broker Tranio gives partners-agencies from Bulgaria preferential terms of cooperation: Agency partners place their objects in the Tranio catalog for free. Agencies work directly with the client.…

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Knight Frank named the countries with the largest number of super-rich residents
In 2019, the number of people with a fortune of 30 million dollars or more grew by 6.4% worldwide and exceeded half a million people. Almost half of ultramagnetic lives…

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