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…

Continue reading →

How to get a residence permit in Cyprus and EU citizenship
The Republic of Cyprus is an island state, which is often considered by residents of Russia as a permanent place to live or to periodically visit. This country has a…

Continue reading →

Where in Germany to buy real estate and how much does it cost
For those who have affirmed in their decision to invest in German foreign real estate, it will not be amiss to familiarize themselves with the intricacies of living in Germany.…

Continue reading →

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

How I bought apartments in Sunny Beach in Bulgaria
Having received such information from relatives, we examined the site of the developer, who was also a seller of apartments, and contacted the sales manager. After that, they assessed their…

...

Real estate in Prague - an alternative to investment in real estate in Moscow?
According to the results of recent years, the Czech Republic is steadily among the ten countries in Europe that are in demand among real estate investors. And it is Russian…

...

Germany Is it worth investing in real estate?
An indisputable advantage of Germany is a strong economy. This was the decisive factor in overcoming the crisis painlessly with the real estate market in this country. But how are…

...

Immigration to Italy: visa benefits and advantages of obtaining a residence permit
According to the latest survey by the reputable Gallup Public Opinion Research Institute in 2019, more than 20% of Russians would like to immigrate. That is, every fifth resident of…

...