The countries of Eastern Europe traditionally attract the attention of Russians – not far, languages that are understandable and uncomplicated, a significant trace of Russian emigration and unconditional love for Russians – perhaps Serbia is a leader in these qualities. It is not surprising that so many of our compatriots acquire real estate and often move permanently to this country.
Buy real estate in Serbia
A lot of Russians settled in Serbia immediately after the 1917 revolution – King Alexander Karageorgievich hospitably opened the doors of his kingdom to white emigration, remembering the intercession of the Serbs by Emperor Nicholas II during the First World War. Russian emigration restored the country almost completely destroyed after the war – our prominent architects, doctors, lawyers, professors and many others moved to Serbia. Continue reading
The Czech Republic today is one of the most interesting countries in terms of real estate investment: the tendency to purchase primary housing in Prague for leasing is now the most promising and reliable due to its stable and strong economy and high demand in the rental market.
About 10,000 new residents move to Prague annually, not counting students. Therefore, it is not surprising that in 2017 about 30,000 new apartments were built in the Czech Republic, of which about 6,000 objects were built in Prague. Real estate prices have almost doubled since 2013: if in 2013 the average price per square meter in Prague was about 55 thousand crowns (2130 euros), then in 2019 it rose to 100,000 crowns per square meter (3875 euros ) The growth was affected, first of all, by high demand that exceeded supply – in many respects, it arose due to the fact that the city authorities today severely limit the number of building permits. Continue reading
In Southeast Asia, the most active real estate market is in Thailand and Vietnam: if the first is popular for many years, then the second is developing rapidly right now. Let’s try to understand their advantages and disadvantages.
First of all, it is important to understand that Thailand and Vietnam are two different countries. Many tourists mistakenly believe that they are not very different from each other. In fact, only the geographic location and climate that is similar in these countries, therefore, living, investing and doing business in their territory, both locals and foreigners, have very different ways.
Economics and mores Continue reading