International Property, Immigration, Investments - Prian.info
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A channel for those who want to move abroad and invest profitably overseas!

The latest news about foreign real estate, immigration, residency, citizenship and investment. Hacks, forecasts, advice, manuals, immigration programs and property compilations.
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๐Ÿ† The best countries in the world in 2024 have been revealed

The rating with such an ambiguous name was released by the U.S. News portal. The 2024 analysis covers perceptions of 89 nations. Various attributes were presented in a survey of nearly 17,000 people from across the globe.

The top 10 include:

๐Ÿ‡จ๐Ÿ‡ญ Switzerland
๐Ÿ‡ฏ๐Ÿ‡ต Japan
๐Ÿ‡บ๐Ÿ‡ธ USA
๐Ÿ‡จ๐Ÿ‡ฆ Canada
๐Ÿ‡ฆ๐Ÿ‡บ Australia
๐Ÿ‡ธ๐Ÿ‡ช Sweden
๐Ÿ‡ฉ๐Ÿ‡ช Germany
๐Ÿ‡ฌ๐Ÿ‡ง UK
๐Ÿ‡ณ๐Ÿ‡ฟ New Zealand
๐Ÿ‡ฉ๐Ÿ‡ฐ Denmark

The experts have compared the following parameters: quality of Life, entrepreneurship, openness to doing business, cultural Influence, political power, cultural heritage and many others.

There are doubts about the objectivity of the distribution of places, given that the assessments were given based on the opinions of respondents. For example, Serbia was in 88th place out of 89! ๐Ÿค”

โ“ What do you think? Do you agree with the rating?

๐Ÿ’Œ Source

#traveling #immigration
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๐Ÿ˜ Inexpensive studio with a garden in Montenegro โ€“ and you can even bargain

The resort of Sutomore on the Adriatic coast is located a few kilometers north of Bar. But despite the proximity to a noisy and pretentious neighbor, the prices here are much more democratic, and it is quieter to relax.

In addition to foreign tourists, residents of Podgorica also like to relax here, because the road from the Montenegrin capital takes about half an hour by car.

๐Ÿ‘€ Check out this ๐Ÿ‘‰ option of this location at a VERY attractive price

๐Ÿ”œ A 15 sq.m. studio with its own 15 sq.m. recreation area is located on the first floor of a cozy 2010 house, overlooking the mountains and the sea. Just 600 meters to the sea and the famous beaches of Maljevik and ล trbina!

๐Ÿ”œ Fresh renovation, furniture and all necessary equipment are already included in the price of โ‚ฌ39.5 thousand.

๐Ÿ™‚ Bargaining is possible!

๐Ÿ‘Œ And remember, buying real estate of any value in Montenegro allows you to apply for a residence permit

โžก๏ธ TradeGoria experts will be happy to tell you all the details

#objectoftheday#montenegro
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โญ๏ธ Earn or... get some healing? The solution: an apartment on a Bulgarian resort

The resort of Pomorie, located on a narrow scenic rocky peninsula 20 km from Burgas and 18 km from Sunny Beach, is famous not only for its seaโ€”after all, there are many beach locations on the Bulgarian coast. However, the salty lakes and medicinal mud set this town apart from the others. Local sanatoriums and balneotherapy centers offer treatments all year round.

In our database, we have found ๐Ÿ‘‰ this option right next to a major medical center:


โญ๏ธ The luxury residential complex "Boutique Rose Gardens" is located in the very center of the town, close to the mud treatment facilities, and very near the sea.

โญ๏ธ The complex features a fitness center, swimming pool, restaurant, beauty salon, concierge service, secure parking, and shops.

โญ๏ธ A spacious three-room apartment of 103 sq.m with two bathrooms and a balcony with views of the sea and garden is sold fully furnished and equipped for โ‚ฌ149,000.

Suitable for a family vacation. Also for health recovery and earning rental income!

โœ‰๏ธ For details and nuances, contact Sunrise BG Home

#propertyoftheday #bulgaria
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๐Ÿ‡ฎ๐Ÿ‡น How much money do you need to buy property in Italy? Let's look at the numbers

Over the past year, housing prices on the Italian secondary market have risen by 2.1%. The average cost per square meter is โ‚ฌ1,857. What about prices in major cities?

Almost everywhere, buyers are not willing to pay more than โ‚ฌ300,000 for a property. The exceptions are Milan, Florence, and Rome.

The most expensive cities (average price, 2024):


๐ŸŸขMilan โ€“ โ‚ฌ400,000.
๐ŸŸขFlorence โ€“ โ‚ฌ341,000.
๐ŸŸขRome โ€“ โ‚ฌ340,000.
๐ŸŸขBologna โ€“ โ‚ฌ290,000.
๐ŸŸขVenice โ€“ โ‚ฌ252,000.

The cheapest major cities (average price, 2024):

๐ŸŸขCatania โ€“ โ‚ฌ165,000.
๐ŸŸขPalermo โ€“ โ‚ฌ178,000.
๐ŸŸขBari โ€“ โ‚ฌ188,000.
๐ŸŸขGenoa โ€“ โ‚ฌ190,000.
๐ŸŸขTurin โ€“ โ‚ฌ196,000.

An interesting detail โ€“ most requests come for properties ranging from 70-90 sq. m. Small studios are not in demand ๐Ÿคท๐Ÿปโ€โ™€๏ธ

๐Ÿ”œ Meanwhile, to buy your own home in Italy, you don't necessarily need to spend large sums. In smaller towns, you can find secondary market properties for even less than โ‚ฌ30,000.

Prian has many such listings ๐Ÿ‘‰ here

#italy #realestate
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โญ๏ธ Yes, this is possible! Three-room apartment with finishing in a new building on Bar Riviera at an affordable price

You may find such offers, even at one of the most popular resorts on the Adriatic coast, and yes โ€“ in new projects.
Housing prices in Montenegro are increasing sharply โ€“ according to Monstat, the average price per sold square meter has risen by 21.4% as of July.

However, affordable options are still available. For example, check out this ๐Ÿ‘‰ option:

๐Ÿ”œ The new residential complex is located 600 meters from the shoreline. All infrastructure is nearby. The city center is just a 10-minute drive away. Construction will be completed in November 2024.

๐Ÿ”œ A three-room apartment of 58 sq.m with a terrace and finishing is priced at โ‚ฌ153,000 โ€“ seems quite reasonable for an offer with such features.

โ€ผ๏ธ And a reminder โ€“ purchasing property in Montenegro at any price is a basis for obtaining a residence permit.

โœ‰๏ธ The experts of Monteonline will be happy toanswer all your questions.

#propertyoftheday #montenegro
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๐Ÿ“ˆ Houses and apartments in Bulgaria are rapidly becoming more expensive

As of the second quarter of 2024, housing prices in Bulgaria have increased by 15.1% year over year, according to the latest data from the National Statistical Institute (NSI).

๐Ÿง The rise in prices also affects the cost of all real estate transactions completed in Bulgaria. The volume of sales on the secondary market has increased by 30.2% over the year, and by 43.2% on the primary market.

Analysts also report an increase in the number of sales: by 26.2% on a quarterly basis and by 9.9% annually, with new constructions again contributing significantly to this growth.

Prices in popular regions (dynamics of housing prices year-on year):
๐ŸŸขSofia: +16%
๐ŸŸขVarna: +16%
๐ŸŸขBurgas: +16.7%
๐ŸŸขPlovdiv: +6.2%
๐ŸŸขRusa: +22.1%

โœ… Long-term trend

Over the past nine years, real estate prices in Bulgaria have consistently risen, with average costs increasing by 93% since 2015 according to the National Statistical Institute.

Despite the significant price increases, housing in Bulgaria remains among the most affordable in Europe. Currently, options for seaside apartments priced between โ‚ฌ20,000 and โ‚ฌ30,000 are available on๐Ÿ‘‰ Prian.

In most European countries, it is impossible to buy real estate in a popular resort for such an amount of money.

๐Ÿ’Œ Source

#realestate #bulgaria
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โ€ผ๏ธ Investment Apartment in Serbia: A Comprehensive Solution

Coming soon! Expo 2027 will be hosted in Belgrade. Where will the exhibitors and visitors stay?

Consider๐Ÿ‘‰ this option:

๐Ÿ“Ž Located in Ledine, this new and stunning building is just 2 kilometers from the expo venues! The ground floor houses commercial spaces.

๐Ÿ“Ž The 39 sq.m apartment with panoramic city views is sold with basic finishing for โ‚ฌ80,900.

โ˜๏ธ Note! Purchasing property of any value grants the right to apply for temporary residency, and after THREE years, you can apply for permanent residency and immediately for citizenship.

โžก๏ธFor more details about this offer, feel free to contact VRC Idrisova agency.

#propertyoftheday #serbia
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๐Ÿ‡ฉ๐Ÿ‡ช Here's a new turn! Real estate prices in Germany have started to rise

The housing price index in Germany for the second quarter of 2024 has fallen by 2.6% compared to the second quarter of 2023 but increased by an impressive 1.3% compared to the beginning of the year.

Earlier, the Kiel Institute for the World Economy made a similar statement with comparable figures.

๐Ÿง Why is it important?

This is the first quarterly increase since spring 2022.

Analysts had predicted a turnaround due to the reduction in interest rates, the first of which occurred in June.

According to a Reuters forecast (which surveyed 12 leading industry experts), prices are expected to decrease by 1.4% this year due to negative trends in winter and early spring, but are anticipated to increase by 2.0% in 2025.
More importantly, rental prices are expected to rise more sharplyโ€”analysts predicted an increase of 4-6% next year.

Rental rates have not decreased in the last two years; surveyed realtors from Prian linked this to Germans' reluctance to buy property at current mortgage rates and the usual domestic migration within the countryโ€”when people needed new housing.

Thus, the profitability rates in Germany, which had sharply decreased before and at the start of the pandemic, are expected to rise significantlyโ€ฆ

๐Ÿ‘€ Here are examples of apartments you may purchase in Germany on Prian

๐Ÿ’Œ Source

#germany #realestate
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๐Ÿ˜ Apartments on the Montenegrin Coast: Luxurious Living Doesnโ€™t Have to Be Expensive

The resort of Tivat is well-known because of Porto Montenegro โ€” a marina with a fancy promenade, restaurants, high-end shops, and other luxury amenities.

But you may find offers like ๐Ÿ‘‰ this one very close to this fantastic location:

โญ๏ธ Also new, also upscale, and also a complex with panoramic views of the Tivat Bay. It's less than four minutes' drive from the famous marina.

โญ๏ธ A three-room apartment of 55 sq.m with full furnishing and finishing is available for โ‚ฌ230,000.

โญ๏ธ In summer, the apartment is rented out for โ‚ฌ150-200 per day, and during the low season โ€“ for โ‚ฌ550-650 per month.

โœ‰๏ธ For more details about the offer, contact the agency DOO "Monteonline

#propertyoftheday #montenegro
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โ€ผ๏ธ The most transparent real estate markets in the world in 2024 have been revealed

Experts at JLL have assessed countries and cities worldwide based on 256 criteria, including real estate market indicators, regulatory and legal aspects, transaction processes, and sector sustainability, which includes energy efficiency.

The JLL Global Real Estate Transparency Index is based on a combination of quantitative market data and information gathered through a survey of the global business network of JLL and LaSalle across 89 countries and 151 city markets.

The top 10 countries with the most transparent real estate markets:

๐ŸŸข1.United Kingdom
๐ŸŸข2.France
๐ŸŸข3.United States
๐ŸŸข4. Australia
๐ŸŸข5. Canada
๐ŸŸข6. Netherlands
๐ŸŸข7. New Zealand
๐ŸŸข8. Ireland
๐ŸŸข9. Sweden
๐ŸŸข10.Germany

The top 10 countries with the most opaque real estate markets:

๐ŸŸข80. Mozambique
๐ŸŸข81. Ivory Coast
๐ŸŸข82. Lebanon
๐ŸŸข83. Tanzania
๐ŸŸข84. Senegal
๐ŸŸข85. Honduras
๐ŸŸข86. Dominican Republic
๐ŸŸข87. Guatemala
๐ŸŸข88. Ethiopia
๐ŸŸข89. Iraq

๐Ÿ‘€ See what you can buy in the world's most transparent real estate market on Prian:

#investments #realestate
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๐Ÿ˜ Spacious apartment in Alanya for those seeking tranquil life and planning to obtain a residence permit.

Oba district is the gem of Alanya. It's famous for its proximity to the center of Alanya, its lush greenery, beaches, and developed infrastructure, making life comfortable even in winter.

โ—๏ธ Plus, the area is open for obtaining residence permits!

Apartments here are pricier than the Alanya average โ€“ from โ‚ฌ1,500 per sq. meter. Residential complexes in Oba typically include substantial infrastructure. It feels like living in a hotel.

For instance, ๐Ÿ‘‰ in this project โ€“ TOROS Residence Oba Oasis.

๐Ÿ“Ž Although not new (built in 2014), it's considered one of the best complexes in the area.

๐Ÿ“Ž The extensive area (20,416 sq. m) features landscape design, swimming pools, sports and children's playgrounds, relaxation areas, a fitness center, and a sauna, etc., all under 24/7 security. The maintenance fee is about 300 Turkish Lira.

๐Ÿ“Ž Shops and supermarkets, Alanya ALKรœ Hospital and the beach are within walking distance.

๐Ÿ“Ž A furnished 120-square-meter 2+1 layout apartment with a spacious terrace on the second floor costs โ‚ฌ150,000.

โœ‰๏ธ For more details about the offer, contact the realtor of REMAX SELENGA

#propertyoftheday #turkey
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๐Ÿ“ˆ Housing price increases in Cyprus have accelerated

House prices in Cyprus increased at a faster rate in the second quarter of 2024 compared to the previous quarter, according to the latest data released by the Cyprus Statistical Service (Cystat).

๐Ÿง Details

According to preliminary estimates, the House Price Index (HPI) for the second quarter of 2024 has showed an annualized increase of 2.5%. This is a significant acceleration compared to the 1.1% increase in the first quarter of 2024.

On a quarterly basis, the index has also showed positive dynamics, showing an increase of 1.2% in the period from April to June. This represents a slight slowdown compared to the previous quarter, when the index increased by 1.4%.

๐Ÿ’Œ Source

#realestate #cyprus
๐Ÿ˜ Popular Bulgaria โ€“ A Sound Investment Choice

Bulgaria may be undergoing changes, but Sunny Beach remains the countryโ€™s top seaside resort, and owning an apartment in the central part of the city is a reliably liquid asset. Such properties can be used for personal enjoyment or as a rental income source.

Hereโ€™s an ๐Ÿ‘‰example:

๐Ÿ”œ The "Sweet Homes 2" complex is located in a quiet and cozy area in the central part of Sunny Beach, with all the conveniences of modern living and the famous beach just a short walk away.

๐Ÿ”œ This tourist complex features a fitness center, SPA center, indoor and outdoor pools, a children's playroom and playground, reception area, and parking.
๐Ÿ”œ The cozy two-bedroom apartment of 113 sq.m is located on the second floor. It includes a hallway, a living room with a kitchen area, two bedrooms, two bathrooms, and two terraces overlooking the complex grounds.
๐Ÿ”œ The asking price of โ‚ฌ130,000 includes furniture and appliances.

๐Ÿ”œ Annual maintenance fees are โ‚ฌ1900, taxes are around โ‚ฌ100 per year, and utility bills - approximately โ‚ฌ50 per month in summer, and โ‚ฌ100 in winter.

โ—๏ธThe management company can assist with renting out the apartment, potentially generating โ‚ฌ5000-6000 per season.

โžก๏ธ For more details about this offer, feel free to contact the specialists of Grand Estates Group.

#propertyoftheday #bulgaria
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๐Ÿ‡ช๐Ÿ‡ธ The most profitable types of real estate in Spain in the third quarter of 2024 have been revealed

According to a recent report by Idealista, the gross rental yield for purchasing homes for lease in Spain rose to 7.2% in the third quarter of 2024, a slight increase from 7.1% in late summer 2023.

However, office spaces continue to dominate in profitability, boasting a gross yield of 11.7%. Although this is a decrease from last year's 12.7%, it remains notably high.

Cities with above-average profitability include:


๐Ÿ“Seville: 14.2%
๐Ÿ“Vitoria: 10.2%
๐Ÿ“Almeria: 9.6%

Retail spaces also show strong yields, averaging 9.7% nationwide:

๐Ÿ“ Murcia โ€“ 11.7%
๐Ÿ“ Girona โ€“ 11.3%
๐Ÿ“ Oviedo, Avila, Zaragoza โ€“ 10.9%
๐Ÿ“ Barcelona and Madrid โ€“ 8.1%.

And what about housing? Profitability remains stable, despite the general downward trend. Among the Spanish capitals, Murcia is the most profitable (8.1%). It is followed by Lleida (7.6%), Huelva (7.4%), Jaen and Castellรณn de la Plana (7.2% in both cases). In Madrid it is 5.2%, and in Barcelona 5.9%.

๐Ÿง Note: These figures represent gross income; additional expenses such as maintenance and taxes are not accounted for, meaning actual take-home profit would be lower.

๐Ÿ‘€For those interested in Spanish real estate investment, explore options on Prian for both residential and commercial properties:

๐ŸŸ  Residential Properties in Spain
๐ŸŸ  Commercial Properties in Spain

#spain #realestate #investment
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๐Ÿ Relax or rent out: smart villas in a famous Indonesian tourist spot

Many investors consider buying a property in Bali as a profitable investment. The entry costs remain low while the potential for significant returns is high.

For instance, the new project Jey Grey Residence, located right behind the famous Garuda Vishnu Kencana statue in Bali, presents an enticing opportunity.

โœ”๏ธ The complex consists of 9 villas and 10 townhouses on a secured area that will also include its own amenities like a pool, coworking space, shop, and parking. The developer promises high construction quality and enhanced supervision. The expected completion is in 2025.

โœ”๏ธ Restaurants, a shopping center, and a scenic park with panoramic views of the island are located within walking distance.

โœ”๏ธ The two-level, 40 sq. m loft-style villa comes furnished, with a private 100 sq. m lot that includes a pool.

โœ”๏ธ The price is $99,000. Flexible payment options are available, including installments up to 2 years and payments in cryptocurrency.

โœ”๏ธ Financial model: Daily rental at $100/day can generate a monthly income of $2,000, with an occupancy rate of 70-80% expected, yielding an ROI of 20-24% if purchased during the presale phase.

โžก๏ธ For more details, contact the realtor of Satellite Estate

#propertyoftheday #indonesia
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โš ๏ธ Croatia plans to double the EU Blue Card validity period

As explained by the authorities of the country, changes to the Aliens Act are being planned and as soon as they are approved, the EU Blue Card will remain valid for a period of four years instead of the current two significantly increasing the length of stay of highly qualified foreign workers in Croatia.

This change would help the country resolve workforce shortage issues and, at the same time, offer better opportunities for foreign workers.

๐Ÿ”œ In addition to working to extend the EU Blue Cardโ€™s validity period, Croatia also wants to expand the documentโ€™s eligibility criteria.

Croatia will enable foreigners who do not hold an educational qualification but have the necessary skills in the IT sector will be able to obtain the EU Blue Card.

โœ… Requirements for Obtaining Croatiaโ€™s EU Blue Card

โœ”๏ธ To be eligible to apply for Croatiaโ€™s EU Blue Card, third-country nationals must hold a valid one-year employment contract to perform a highly qualified job.

โœ”๏ธ Applicants must meet the minimum salary threshold of Croatia, which stands at 1.5 the average of the annual salary. This means that in order for foreigners to be eligible for Croatiaโ€™s EU Blue Card, they need to meet the minimum annual salary of โ‚ฌ24,845.64.

โœ”๏ธ Applicants must also present documents proving that the national legal requirements are met for regulated professions, as well as proof of educational qualifications for unregulated professions.

โœ”๏ธ Other requirements include the need to show proof of sufficient financial resources to support themselves and provide a copy of their travel document, among others.

๐Ÿ’Œ Source

#croatia #immigration
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๐Ÿ˜ Stylish apartment with a panoramic terrace and permanent residence permit in Cyprus

Cyprus continues to operate its investment program. Permanent residence can be obtained by purchasing new constructed properties worth over โ‚ฌ300,000.

Check out this apartment with a panoramic terrace in Paphos, which meets the program's requirements:

โœ”๏ธ A club complex with 12 residential units is located in the charming coastal area of Kissonerga, between the famous Coral Bay beach and Paphos itself. Completion date: December 2025.

โœ”๏ธ A three-room apartment of 106 sq.m. with 2 bedrooms and 2 bathrooms is sold with high-quality finishes, an equipped kitchen, and air conditioning.

โœ”๏ธ The apartmentโ€™s highlight is a spacious 36 sq.m. terrace with panoramic sea views!

โœ”๏ธ The price (โ‚ฌ305,000 + VAT) just qualifies for obtaining permanent resident status in Cyprus.

๐Ÿ‘Œ Read more about the criteria and details of the permanent residence program for property purchase in our article

โ‰๏ธ For more details about this offer, feel free to contact the experts of Foutina

#propertyoftheday #cyprus
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โญ๏ธ The best and worst countries in the world for real estate investment have been revealed

The team of 1-st Move International has identified the countries that offer the highest financial returns on real estate investments. Various factors were taken into account: from rental income to property maintenance expenses and taxes.

10 Best Countries in the World for Real Estate Investments:
๐Ÿ”œLithuania
๐Ÿ”œ Estonia
๐Ÿ”œ Romania
๐Ÿ”œ Ireland
๐Ÿ”œ Czech Republic
๐Ÿ”œ Hungary
๐Ÿ”œ Poland
๐Ÿ”œ Bulgaria
๐Ÿ”œ Croatia
๐Ÿ”œ Slovenia

11 Worst Countries in the World for Real Estate Investments:

๐Ÿ”œ Belgium
๐Ÿ”œ France
๐Ÿ”œ Greece
๐Ÿ”œ South Africa
๐Ÿ”œ Spain
๐Ÿ”œ Luxembourg
๐Ÿ”œ Mexico
๐Ÿ”œ Germany
๐Ÿ”œ United Kingdom
๐Ÿ”œ Italy
๐Ÿ”œ Portugal

๐Ÿ‘€And here is the list of most transparent real estate markets in the world in 2024

๐Ÿ’Œ Source

#investments #realestate
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โญ๏ธ Affordable Townhouse on the Costa Blanca Coast

Finding a good deal on the popular Spanish resort of Punta Prima is feasible, with many holiday home options under โ‚ฌ150,000. However, it's more challenging to find a property that's reasonably priced, within walking distance of the sea, and with high rental potential.

This townhouse could be an excellent investment or a personal holiday retreat.

๐Ÿ“Ž Situated in the gated La Cinuelica R8 complex, which features a large communal pool.

๐Ÿ“Ž Amenities such as supermarkets, restaurants, pharmacies are within walking distance. La Zenia Boulevard, the largest shopping center in the Alicante province, is just a 10-minute drive away. The sandy beaches of Orihuela Costa are about a 20-minute walk.

๐Ÿ“ŽPriced at โ‚ฌ165,000, this two-level townhouse offers a private entrance, spacious patio area, and a private solarium with panoramic views of the sea and the city.

โ—๏ธ The property Includes a parking spot in the underground garage.

Rental income potential:

๐Ÿ”œ In summer 2024, the average daily rental rates at the resort range from โ‚ฌ70-80.
๐Ÿ”œ Even during the off-season, 2-3 bedroom apartments in Punta Prima can be rented out for โ‚ฌ1,000 to โ‚ฌ1,500 per month.

โžก๏ธ For more details about this property, you can contact the realtors of E-Style

#propertyoftheday #spain
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๐Ÿ“ˆ Properties in some locations of Greece are now pricier than in Athens

In Greece, particularly in areas popular with international buyers, there has been a notable increase in demand for holiday homes. This surge in interest has significantly driven up property prices in these regions over the past few years.

๐Ÿ”œ A typical example is the municipality of Thessaloniki. From the third quarter of 2019 to the third quarter of this year, the average asking price of residential sales increased by 83.5%, from 1,310 euros per square meter to โ‚ฌ2,400/sq.m. today.

During the same period, the average asking price in central Athens rose by 43%, from โ‚ฌ1,522 to โ‚ฌ2,177 per square meter. This increase is attributed to the earlier price surge in the capital, which began in 2018, ahead of Thessaloniki. The northern port city started its market recovery later and from a lower base price. As a result, property prices in Thessaloniki are now higher than in Athens, with a current difference of 10.2%.

๐Ÿ”œ In the neighboring region of Halkidiki, the average asking price is 12.25% higher than in central Athens, reaching โ‚ฌ2,445 per square meter. This area is experiencing robust development of new, high-quality vacation properties. Although there has been a decline in interest from Russian buyers in recent years, demand from citizens of other countries has compensated, keeping prices high.

๐Ÿ”œ However, the difference is much greater in the Cyclades, where the average asking price today amounts to โ‚ฌ3,583/sq.m., or 64.5% higher than the center of Athens. A major contributor to this is that many holiday homes on these islands are newly built, or less than 15 years old, and usually have a luxury character (e.g. gardens, pools, large area etc.), making them more expensive. In recent years, significant investments have been made in the construction of new holiday home complexes, while due to high demand and high prices, very well-built properties have been put up for sale by private individuals who had bought a new construction โ€“ e.g. in the mid-2000s.

๐Ÿ’Œ Source

#greece #investments
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