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The post covid real estate scenery

The pandemic has transformed the global property market. Industry leaders offer their predictions for the $10 trillion sector in 2022. Lockdown, work-from-home, staycation: These are some pandemic-era words we have all had to get used to. A new definition of the way we live, work and travel, has changed the real estate sector's dynamics- one of the world's most significant drivers of economic...

Europe

Europe: Where should I buy an investment property?

In this article, we find the 20 most and the 10 least profitable cities in Europe, if you plan to invest in a property. All rankings are established using data from Numbeo and HomeToGo. Average real estate prices were calculated using property prices available on Numbeo. Average renting prices were extracted using HomeToGo’s data. We used price data from the next 12 months for all types and sizes of...

Invest

Tips: Buying your first investment property

Buying an investment property can be an excellent way to earn an extra income and build long-term wealth. On the other hand, it can be a risky endeavor, so you should consider all the options and educate yourself on tenant laws and home maintenance. Make your own research. If you are looking for your first investment property, do not just listen to the numbers, brokers can give you. Do...

UK F2

UK: A glance in the real estate market.

2021 is around the corner. While looking back on 2021, with the Covid pandemic still causing havoc, it has been a year of significant changes for the UK property market. 2021: Review Housing prices have been rising like never before, even though the pandemic is still going strong and Brexit is being finalized. Residential property was ever so popular during the pandemic, attracting new...

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Germany: House pricing boom!

Claudia Buch, vice-president at the Bundesbank said that almost 90% of German households expect property prices to keep increasing. “We have basically seen all indicators — prices, credit — those indicators kept increasing in Germany and you don’t really see a big effect of the pandemic.” Despite the global pandemic, Germany’s house price boom continues strong, thanks to low interest...

Greece

Greece: The puzzle of real estate buyers

The real estate market of the country has shown strong ‘antibodies’ to the pandemic. Foreign and locals interested in having a holiday home, young who have saved money or received a dowry from their parents, those who have access to a bank loan or families that simply wish a bigger house, form the profile of the real estate buyer in Greece. The real estate market and banks estimate that this...

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Cyprus 2021: Real estate market

Facts Cyprus' real estate market had a significant increase of 9%, in the first ten months of 2021, compared to the same period last year. More specifically, the interest was increased significantly by EU citizens and slightly decreased by buyers from third countries. Limassol was the first province in sales due to the projects developers carry out and a large number of ICT...

REITS3

REIGS & REITS

Like various other investment schemes, buying a property can be a profitable movement. There are different ways to invest in a property; be the owner and run it on your own, invest via real estate online platforms, or invest via REIGS or REITS. REIGS (Real estate Investment Groups) are ideal for owning a rental real estate without running it. REIGS are small mutual funds. A company buys or...

positive groth economy

Positive growth rate for Cyprus economy in 3 quarter 2021

The Ministry of Finance confirms the capacity of Cyprus's economy given the high growth rates, which reinforces the expectations for a positive continuation over the 4th quarter of 2021. According to the estimation of the Statistic Service, the growth rate in the 3rd quarter of 2021 is positive and it is estimated at 5.3% compared to the same quarter of 2020, following the essential high growth...

construction

Increase in the prices of construction materials

According to the Statistical Service, an annual increase, of almost 15%, was recorded in the prices of construction materials in September 2021. More specific, the Price Index of Construction Materials reached 115.78 points (based on 2015 = 100), recording an increase of 0.51% compared to the previous month. Compared to the corresponding period of the previous year, the index recorded an...

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