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
The housing market in Poland today has become a “dark horse” against the background of other countries of Eastern Europe, which at first glance attract most of the attention of foreign buyers, but at the same time the demand for real estate in Poland continues to grow, attracting investors from all over the world.
Poland in recent years has become a major logistics center in Europe, thanks to which the country’s economy has developed rapidly. Many foreigners began to move to this country because of good living conditions, which are ensured by loyal laws, not the highest tax rates (one of the reasons why German entrepreneurs open their branches here), a fairly simple procedure for issuing residence permits and subsequent citizenship, which also makes it possible to obtain a mortgage loan. Continue reading
Foreign real estate buyers continue to show great interest in Thai property, both in terms of investment and their own residence; when buying a home, all buyers have to deal with local taxes.
As you know, in Thailand there are two types of legal form of ownership of real estate: freehold – purchase of real estate in full ownership, leasehold – purchase of real estate on a rental basis for 30 years with the right to renew twice for 30 years, i.e. total ownership will be 90 years. If the owner of a property purchased in leasehold wants to sell it or inherit it, then the new owner of the property will again be entitled to 90 years of owning the property. Recently, for investment purposes, people are increasingly buying apartments in leasehold, since the final price of the apartment is much more profitable, because for freehold you will have to pay an average of 200,000 ($ 6,630) to 500,000 baht ($ 16,570), depending Continue reading