September 30th, 2007 by admin
Obelisk International believes that with improved infrastructure and the massive regeneration investment carried out in preparation for the 2004 Olympics, coupled with the growing economy, and increasing tourism figures, have further strengthened Greece property investment as infrastructure is now able to sustain permanent residents and visitors, which has been confirmed by the Financial Times.
Latest figures show that year-on-year price growth has been 7% up to quarter 1 of 2007, with prices for apartments in Athens registering a 12% rise in the first quarter of 2006. During the period 1999 to 2002, Athens saw house prices increase on average by 164%..
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September 27th, 2007 by admin
As Romania continues its progress towards EU accession with its entry date confirmed as January 2007, so the rules relating to foreign freehold ownership of land and property in Romania are changing to come in line with the European Union’s regulations.
This bodes well for the investment property market in Romania because currently non-Romanian citizens are not permitted to own land in Romania unless they purchase it through a Romanian company structure.
The property buying process in Romania will become more streamlined and hopefully more transparent in the years following Romania’s EU entry (Jan 2007), in the meantime here’s our guide to the real estate purchase process in Romania currently.
The first objective to fulfil is the search for suitable real estate, and to this end an investor can secure the services of an estate agent in Romania who speaks English and has local knowledge of properties available for sale. An investor will likely have a strict set of criteria that his property acquisition should fulfil, and these should be articulated to the estate agent so that they can source suitable properties for viewing.
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September 24th, 2007 by admin
Here are some informations about “how to buy a house” - From Dream to Reality
Buying a home is one of the most important personal and financial decisions you’ll ever make. That’s why CENTURY 21 wants you to have this step-by-step guide to help you find and buy your first home. We’re also here to answer your questions along the way. We want your first real estate experience to be both hassle-free and rewarding.
The following Guide explains the real estate process in plain English. What you’re about to read is an overview of the procedures normally followed in a typical home purchase. Read on and see how finding and owning your dream home can be easier than you think with help from CENTURY 21.
Here is the link:
http://www.century21.com/learn/content.aspx?refstr=6.26
August 11th, 2007 by Ines
Cyprus is one of the more popular property markets in the world. Activity in the property market in Cyprus is brisk, including foreign nationals who buy and sell property. Non-Cypriots have been involved in all areas of the property market. Foreign nationals have been found to invest in commercial, investment and residential property in all areas of the country.
Most industry experts maintain that the property market in Cyprus should continue to do a brisk business well into the coming decade. With the entry of Cyprus into the European Union, more and more foreign nationals from EU member states likely will become involved in the Cypriot property market.
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August 8th, 2007 by Ines
Euroburo Ltd does not sell property - it advertises properties for sale by estate agents in Austria and other countries. Delta Immobilien GmbH www.deltaimmo.com is based in Bad Ischl about 40 minutes drive to the east of Salzburg and is run by members of our family. Half the directors at Delta Immobilien GmbH are Austrian and the others are from the UK. All of them speak German and English fluently. This means that we are in the unique position to help you as there is nothing there that we cannot handle on a professional basis in either language. As far as we are aware, we are the only company offering property for sale there with this kind of professional set-up.
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August 8th, 2007 by Ines
The Austrian Property Market
In considering an overview of real estate in Austria, the most striking fact associated with real property in that country is the fact that overall the costs associated with real estate in Austria is higher than any other country in Europe. In addition, the cost of living in Austria generally is higher than any other country in Europe at the present time.
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August 8th, 2007 by Ines
Foreign residents mainly consist of Germans and some Italians, with the principle language being German.
Capital gains made by residents are taxed as ordinary income at 34%. Your principal home will be exempt unless you sell within five years. All property is exempt after 10 years.
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August 7th, 2007 by Ines
The past five years has seen commercial rents free falling in Germany. This is of course good news for small business looking for a premises to rent. Some experts say that the bottom of the property market in Germany has been reached. This is evident in the increasing interest of investors in the German residential real estate market, with the commercial property sector expected to soon follow suit.
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August 7th, 2007 by Ines
Germany has a mixed community which includes Greeks, Italians, Spanish and a considerable ex patriot population of Americans and Britons.
Capital gains tax is charged at normal income tax rates on property sold within ten years of purchase.
There are no restrictions on Foreign Ownership.
Former East German states property holds a generally lower value.
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August 7th, 2007 by Ines
The demand of foreign investors is remarkably increasing due to prices having hit their unsurmountable top in other parts of the world, and still being at an attractive lower level in germany. Large companies and firms are buying property in germany at multi-million volumes. On the smaller scale, the individual investors are looking for high yield offers at a range between 1 and 10 Million EUR investment sum. Yield between 7 and 10% are much asked for, and are sometimes attainable, but quality of the property offered plays a big role in this. And good quality high yield offers are not long on the market.
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