Spain is a country where the purchase of real estate by Russians and representatives of other countries has been steadily in demand for more than a decade in a row – in addition to acquiring a “cottage” on the foreign sea, investment in local housing is well demanded in order to subsequently lease it.
As the European Union dictates more and more conditions in matters related to the purchase of real estate and its operation, more and more often homeowners in the countries that are part of the EU are thinking about the legal lease of their property. Due to the fact that in 2019 the number of Russian citizens who own real estate in Spain, after a short recession, again became one of the main buyers of local square meters. In 2018, sales to Russian citizens increased by 18% compared to the previous year – about 2,000 real estate properties were sold to our compatriots, and this year this growth trend Continue reading
Switzerland has long been synonymous with prosperity, neutrality and high prices – the country of chocolate, banks and watches has for many years attracted the attention of all countries of the world to itself and its success, periodically inspiring many foreigners to buy housing in this country. Let’s try to deal with the local tax system, which you will have to face when buying, owning and selling real estate in Switzerland.
According to the Swiss Federal Law on the purchase of real estate by non-residents, the sale of real estate to foreigners is carried out on the basis of annual quotas issued for each tourist region. In some cases, these quotas are fully used during the year, as a result of which a foreign buyer has to wait for the next year or longer (in some cases up to two years) in order to obtain a purchase permit. This provision Continue reading
Demand for housing in Cyprus in recent years has been consistently high among foreigners – this large southern island leaves few indifferent, and buying a property in Ayia Napa is becoming a good choice for lovers of new buildings and affordable prices.
Ayia Napa is known as one of the most sought-after resorts in Cyprus, located in its eastern part. The city got its name back in the days of the Venetian Republic, from the time of which many ancient historical monuments have been preserved here. Today Ayia Napa has become an ideal place for a comfortable family stay, as the number of its permanent residents does not exceed 3,000 people, while it has restaurants, shops and all the facilities for a relaxing beach holiday or active – water skiing, windsurfing, Continue reading