Barack Obama's childhood home is for sale in Hawaii for $ 2 million
A modest mansion in Hawaii, where Barack Obama lived with his mother and grandmother, is for sale for $ 2.2 million, writes Forbes. In the house, which is located on…

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International hotel investment forum IHIF in Berlin postponed due to coronavirus
The IHIF forum, which was scheduled to take place next week in the German capital, has been moved to may 2020, according to event organizers. Organizers Of the international hotel…

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The US Federal reserve lowered its base rate to almost zero
The us regulator is taking measures to protect the economy from the effects of coronavirus. The us Federal reserve, which serves as the country's Central Bank, cut its benchmark interest…

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growth

The boom in the real estate market in the Netherlands continues

Supply does not keep up with demand, and prices are rising, according to Global Property Guide.

Property prices in the Netherlands continue to rise, supported by record low interest rates, and supply is unable to meet high demand.

Housing on average rose by 6.5 % during 2019. For the fourth quarter of last year, prices increased by 4.2 %.

Real estate in the Netherlands has been steadily growing in price for several years: by 8.5 % in 2018, by 6.9 % in 2017, by 8.8% in 2016, by 4.5% in 2015 and by 2.7% in 2014. Continue reading

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, writes Mansion Global.

The Chancellor of the exchequer of the United Kingdom, Rishi Sunak, announced that from April 2021, an additional stamp duty of 2% will be introduced for foreign buyers of real estate.

Despite the fact that the amount of the fee was less than expected, the new tax may be an unfortunate step for the local real estate market, which has just begun to recover. 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 strongest in 2019 in terms of house price growth, according to the Global Property Guide.

Real estate in Athens in 2019 rose by 11.3 % — the best result in the world, according to inflation-adjusted data. This is a sharp jump from a year earlier, when growth was only 3.5 %. Continue reading

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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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…

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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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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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