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
Interest in Croatian real estate continues to remain high over the past years and even decades – the country is the owner of an area of over 33,000 square kilometers and an impressive number of islands with more than 1000 items. The Dalmatia region and housing on its territory is considered one of the most attractive in the country.
As far back as the 4th century, the Roman emperor Diocletian, solemnly giving up power, secluded himself from society precisely in Dalmatia, which at that time was called Illyria. To the numerous calls of his comrades-in-arms to return to the reign of the empire, he answered: “If you saw how I managed to grow cabbage, you would not make me such suggestions.” The emperors in these parts have already caught a trace, but cabbage and other rich flora continue their rapid growth, attracting the next powerful people to this world who decided to live surrounded by the sea, islands, numerous oyster and fish farms and houses for every taste and color. Continue reading