Saint Kitts and Nevis and Dominica to accept online applications for citizenship by investment
The demand for citizenship in Caribbean countries has increased sharply against the background of the pandemic, writes Caribbean 360.
Two other Caribbean countries, Saint Kitts and Nevis and Dominica, have started accepting applications online for the citizenship by investment program. Earlier, the same decision was made by Grenada. These measures are taken in connection with the spread of the coronavirus. Continue reading
Brokers in the US sell homes during the pandemic
Online deals, masked realtors and keeping a social distance are how the American real estate market is adapting to new conditions, the Washington Post reports.
American States have different approaches to the issue of concluding transactions in the real estate market. Illinois, despite being hit hard by the coronavirus outbreak, felt that real estate is an important service, and therefore companies are not required to close like retail and restaurants. But California, new York, and Pennsylvania decided otherwise. Continue reading
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, well-known real estate firms are expanding their expansion, according to Forbes. Large companies have more resources for marketing and advertising, extensive offices, and valuable connections with landlords and developers. 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 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
Property prices in Spain
Russians are most often interested in new buildings in Spain with an average cost of up to 200 thousand euros. In the preferences of Russians in the first place — apartments in prestigious residential complexes, in the second — villas with swimming pools.
Our compatriots are particularly attracted to real estate on the shores of the Mediterranean sea: in Barcelona, on the Costa Blanca, the Costa Brava and the Costa del Sol, as well as in Madrid.
Overview of the regions
The Costa Blanca is the most affordable region of Spain for housing prices. Continue reading