According to the latest statistics, Italy is one of the few countries in Europe where, although not globally, there is a decrease in the value of real estate, due to which many buyers turn their choice to it. As elsewhere, there are taxes that will have to be paid once and annually to foreign homeowners along with Italian citizens.
Costs when buying a property
When buying property in a new building, an amount of 10% VAT is paid on the sale value of the property. If real estate is purchased on the secondary market, then the registration fee of 9% of the cadastral value of the object is paid, which may be significantly lower than the sale price. Provided that the foreign owner converts the purchased housing into rezidenza format within 18 months after the purchase (since he Continue reading
Acquisition of housing in Slovakia was not so long ago rare for Russians, but in recent years, more and more Russian-speaking buyers have opted for square meters of this country.
After the collapse of Czechoslovakia and the creation of two independent states in 1993, Slovakia remained in the shadow for some time – the Czech Republic was more often chosen both for holidays and as a possible country for emigration. However, economic growth and favorable conditions allowed Slovakia to find a considerable number of tourists and foreign residents who moved here for permanent residence.
Buy real estate in Slovakia Continue reading
It is not customary to talk a lot about the real estate market in Andorra on the international scene, but today this small European principality has become one of the most stable countries in Southern Europe – a growing economy and stable housing prices attract a considerable number of investors.
Located in the Pyrenees between France and Spain, Andorra is the bearer of the oldest surviving state border in the world, which has not changed since 1278. From the same year, the country does not participate in wars, maintaining neutrality. Andorra has not yet joined the EU, but is known for its preferential taxation and is considered one of the main offshore companies in the world, attracting a large number of entrepreneurs and tourists interested in duty-free trade. There is also no real estate tax in the country. Continue reading