House prices could fall by up to 10 percent, German study saysThe risk of house prices falling in Germany is increasing, a new study has warned. As house price rises increasingly outpace the cost of rentals, the market becomes more and more unstable. According to one study, price corrections “of up to 10 percent” are possible in the near future.
Published: 8 Dec 2022
Foreigners buy 790 properties in LisbonIn the first six months of 2022, foreigners bought around 790 residential properties in the Lisbon Urban Rehabilitation Area (ARU), representing an investment that amounted to €403 million, according to data released by Confidencial Imobiliário.
Published: 9 Nov 2022
Minimum investment amount for property acquisition under Greece Golden Visa program will be raised to €500,000On 10 September, Greek Prime Minister Kyriakos Mitsotakis made an announcement and stated that the minimum investment amount for property acquisition under Greece Golden Visa program will be raised to €500,000.
Published: 12 Sep 2022
Price of student WG rooms in Germany rising rapidlyAs students begin arriving in Germany for the new semester, many are facing significantly higher costs for student housing than they perhaps budgeted for. It’s not just energy and food that are getting more expensive, but also rooms in shared flats (WGs).
Published: 9 Sep 2022
A new real estate boom in Thailand?About 105,928 units are expected to be launched during the year, with a total value of ฿387 billion, which means a 40% increase in the total value of ready-to-move-in houses compared to 2021, with the number of units likely to increase to 75%.
Published: 17 Aug 2022
Property demand outstripping supply in PortugalAlmost half of the more than 12,000 homes that make up the 280 new residential developments launched in the first half of this year have already been sold, a clear sign that the supply in the Portuguese real estate market is far short of the country's needs.
Published: 11 Aug 2022
House prices fall by up to 6,6 percent in major German citiesAfter years of high activity and spiralling house prices, the German property market is finally starting to cool off amid high interest rates and the cost of living crisis, figures from a recent study have shown. But while things are easing on the real estate market, the situation on the rental market remains tense.
Published: 20 Jul 2022
Cambodia Launches $100,000 Golden Visa With 5-Year Path to CitizenshipCambodia’s Interior Ministry has announced the opening of its new residence by investment scheme, the Cambodia My Second Home program. Qualifying for the CM2H, which is a renewable visa with a validity of ten years, will require a US$100,000 investment.
Published: 19 Jul 2022
Housing bill expected after the summer will make Spain’s housing problems worse, warn industry insidersThe housing bill currently going through the Spanish parliament in Madrid will exacerbate Spain’s housing problems and reduce new home building by up to 90%, warn industry insiders.
Published: 13 Jul 2022
Government rejects ending golden visasNo new changes will be brought in relation to golden visas and the online platform for submissions is now up and running again. Parliament has rejected the proposals of the PCP, BE and PAN to end golden visas, as well as the proposal by Chega who called for the enlargement of the regime.
Published: 23 Jun 2022
Property market in Portugal remains “resilient”The war in Ukraine has brought “renewed geopolitical uncertainty, contributing to inflationary pressures and rising cost of living”, concludes Savills, however, that if there is any sector that has already shown to be resilient, it is real estate.
Published: 7 Jun 2022
Germany fell short of housing construction target in 2021Rents in Germany have been on the rise for some time. Demand for housing in the federal republic has continued to soar over the past few years, while supply has dwindled. To make matters worse, Germany fell behind on its construction quotas again last year.
Published: 3 Jun 2022
Ataturk Airport to become Istanbul Ataturk National ParkAtaturk Airport was Istanbul’s major International Airport Hub before the construction of Istanbul Airport, Ataturk’s modern successor. Located on Istanbul’s European Side, Ataturk Airport occupies some of the finest, well connected, and vast land within the city limits. The total area of the holding amounts to 8.5 million m². The future allocation of that 8.5M for the “People’s Park” project will be around 5.2M m².
Published: 1 Jun 2022