What is attractive to have your own housing in Turkey
We all strive in the summer to run away from problems somewhere in a distant warm country. But how wonderful it is when you have your own corner where eternal…

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My experience buying an apartment on the Aegean coast of Turkey
My story of moving to permanent residence is not much different from others. I came to my Turkish husband in Istanbul from Russia in 2014. At first she lived in…

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Relocation to permanent residence in Deggendorf, Germany
For example, I was surprised why most Germans prefer to live in rented apartments, if there is an opportunity to purchase their own housing. On this issue, my spouse and…

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low mortgage rates

Why apartments in Prague are getting more expensive

Most of the real estate purchase and sale transactions in the Czech Republic, in which the Russians participate, are carried out in the capital. Five years ago, the situation was different. Along with Prague, Russian investors also enjoyed housing in resort towns: Teplice and others. Now the supply there exceeds the demand, despite the fact that last year in Karlovy Vary a decrease in the cost of a square meter by 3.8% was noted. On the contrary, affordable apartments in Prague are not enough for everyone. According to rough estimates, the deficit is about 8 thousand objects. At the same time, in 2018 developers issued only 3 thousand permits for the construction of new apartments.

Increasing demand and rising prices for apartments in Prague
The number of residents of the capital over the past two decades has been constantly increasing – up to 14 thousand people annually. Favorable factors contribute to population growth and a related boom in the Czech real estate market. The economy is experiencing a boom, so in 2018 GDP grew by 3%. High patches attract foreign workers. There is a need for qualified personnel in the country. Free quality education at prestigious universities in Prague contributes to the influx of students from abroad. The statistics fixes the growth of incomes of residents of the capital, it is more than twice the rate of inflation, which predictably leads to stimulation of demand for services and goods, including real estate. Continue reading

Residence permit in Montenegro
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In this article, I would like to share with you my experience in searching for real estate in Germany, which I got when choosing housing in the federal state of…

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Italy is a country living in the dreams of many. Now you can become part of it by purchasing real estate here. This will make it possible to live in…

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I absolutely did not want to bother with visas. The presence of one passport has become a basic priority in finding a country that can be visited in the winter…

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