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
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
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