2018 is coming to an end and the Homes Overseas portal sums up the results of the year together with our experts in the foreign real estate market – readers are offered a selection of all key events of this year and their analysis.
What event on the foreign real estate market do you consider to be the main one for 2018 and why?
Julia Titova, Director of RENTSALE
– It is very difficult to single out one event or one change in the legislation that has had the greatest impact on the foreign real estate market. Perhaps the most striking milestone of this year was the events in the UK, in connection with which the flow of people wishing to have passports of Cyprus and Malta, permanent residence of Spain, Greece and Portugal intensified. The general bright trend is that, on the one hand, they have become tougher to control the income of Russians at home, on the other hand, they have begun to check Russians abroad much more seriously – when opening bank accounts, obtaining residence permits, permanent residence, citizenship. Continue reading
The poet Gabriele d’Annunzio once called the promenade in the city of Reggio Calabria “the most beautiful kilometer of Italy” – and this phrase is largely relevant today, especially since local real estate here is one of the most affordable in the country.
The region is located in the southernmost part of the Apennine peninsula in the area of the “toe of the Italian boot”. Due to this arrangement, Calabria is washed by several seas: from the west – by the Tyrrhenian, from the east – by the Ionian, from the north-east – by the Gulf of Taranto, and from the south-west it is separated from the Sicily by the Strait of Messina. Such a geographical location makes it easy to get to not only any part of Italy, but also to other strange countries, I actively use not only air and rail links, but also sea navigation. Continue reading
Recent political events affecting the relations between Russia and Georgia have also affected the Sakartvelo real estate market, which, along with tourism, has been gaining more and more popularity every year among Russians.
Georgia, as you know, attracts with good business conditions, since small entrepreneurs pay almost no taxes, while Russian citizens can stay in Georgia without a visa and a residence permit for up to 360 days a year – it is not surprising that such conditions attracted a considerable number of people. With questions about whether it is worth worrying about the current situation for those who want to buy real estate in Georgia or already own it, HomesOverseas.ru turned to experts from the Georgian real estate market. Continue reading