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…

Continue reading →

Greece has become the world's strongest market for rising house prices
After nine years of falling house prices, the Greek market is growing strongly again thanks to measures to support it and improve economic conditions. The Greek property market was the…

Continue reading →

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…

Continue reading →

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 published the Prime International Residential Index, which ranks 100 cities in the world by the growth of prices for luxury real estate. According to the company’s estimates, in 2019, premium housing has risen in price by 2% worldwide.

Frankfurt am main has become the city with the fastest growth in luxury housing prices in 2019. In the business capital of Germany, real estate prices increased by 10.3 %. The second place was taken by the Portuguese city of Lisbon with a rate of 9.6 %. The capital of Taiwan, Taipei, was in third place. The price change occurred in the local currency.

TOP 10 cities for luxury real estate price growth in 2019:
Frankfurt am main-10.3 %
Lisbon-9.6 %
Taipei-8.9 %
Seoul-7.6 %
Houston-7.4 %
Athens-7 %
Mexico city-6.6 %
Manila-6.5 %
Berlin-6.5 %
Guangzhou-6.3 %
The last places in the rating were occupied by cities where luxury real estate fell in price: Vancouver (-8.3 %), Abu Dhabi (-5.5%), Istanbul (-5%), Doha (-5%), Buenos Aires (-4.5%), Nairobi (-4%), new York (-3.6%) and London (-2.6%).

The most expensive premium-class housing is still in Monaco. For 1 million dollars, you can only buy 16 square meters. m luxury real estate. And in Moscow for the same money-76 sq. m. luxury housing.

How many meters of luxury housing can you buy for $ 1 million in cities around the world?
Monaco — 16.4
Hong Kong — 21.3
London-30.4
New York-32.2
Singapore-35.5
Geneva — 37.5
Los Angeles-39
Paris-44.6
Sydney-50.4
Shanghai-58.2
Tokyo-64.7
Beijing-67.9
Moscow-76
Berlin-77.5
Miami-89.7
Melbourne-95.6
Mumbai-102.2
Istanbul-of 115.1
Dubai-of 154.7
Cape town — 174.3
Sao Paulo — 202.3

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…

...

Named the best universities in the world
The global analytical Agency QS has published an annual ranking of the best universities in the world. The rankings are based on the analysis of six indicators: academic reputation of…

...

Rating Agency S&P predicted a global recession
The world economy this year will be in recession for the first time since 2009, writes S&P Global Ratings. The rating Agency S&P Global Ratings released a report "global recession…

...

How do I get a US investor visa? Answers to frequently asked questions about the EB-5 program.
How does the EB-5 program work? A foreign investor can get a residence permit (green card) for an investment of $ 900 thousand in a new commercial project in the…

...