Today, the real estate market, both in Thessaloniki and throughout Greece, is actively gaining momentum: the current situation is radically different from that which was only a few years ago at the height of the economic crisis.
Thessaloniki is the capital of the Greek region of Macedonia, the center of production and economy of Greece. The city is also famous for its large seaport and the University of Aristotle, which is the largest higher educational institution in the Balkans.
Unlike the tourist destinations in Thessaloniki, life does not stop even outside the summer season: cultural events are constantly held here, offices of international companies, shops and boutiques are open. Continue reading
The purchase of foreign real estate and the concept of “first line” very often go in one set – most of our compatriots want to become the owner of a home on a coastal foreign corner, because a “summer cottage at sea” is a long-term dream subject.
A tempting advertisement, offering a potential buyer of real estate on the first line, is not always associated with 100 percent reality, since the coastline is not infinite, moreover, the cost of those objects that are really located at the water’s edge can be so high that for many people such a purchase Real estate can only be a dream.
Therefore, it is very important to deal with this attractive concept and what advantages and disadvantages can be expected by becoming the owner of housing on the first line. People buying property on the sea – especially when it comes to the first purchase of this kind – should clearly recognize a number of several important aspects. Continue reading
For ten years in a row Vienna has been ranked first in the world ranking of the most comfortable cities for living, as a result of which the acquisition of housing by foreigners both in the Austrian capital and throughout the country is one of today’s trends. Along with the classic questions about the principles of buying local real estate, many want to know about the taxes in Austria that any homeowner will have to face.
When buying real estate, the buyer primarily pays a tax on transfer of ownership in the amount of 3.5% of the cadastral value and 1.1% for registration in the cadastre. In addition, you will have to pay a lawyer in the amount of 1-3%, as well as the work of a realtor, whose fee is 3% of the purchase price, if the price of the object exceeds 48,448 euros. The broker’s fee rises in percentage terms to 4% if the property has a value of up to 36,336 euros. The agent receives a fixed fee of € 1,453, provided that the cost of housing is between the above intervals. Continue reading