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Property Maintenance Costs in Turkey
The purchase of a house or apartment always entails expenses for its maintenance. Real estate in Turkey is no exception. Russian citizens who are happy to buy housing in this warm country do not always think about how much it will cost them a new property after purchase.
It should be noted that maintaining Turkish real estate is somewhat cheaper than, for example, Spanish. Real estate tax in Turkey is lower, the cost of utilities is less. However, to completely avoid the costs will not work. Foreign citizens who have bought a home in Turkey pay the same taxes and fees as the locals.
Property tax
This type of fees depends on the type of real estate – whether it is residential or commercial, it is a house or apartment, an economy class or a luxury segment. In general, the tax amount on an apartment, villa, house or apartment ranges from 0.1% to 0.2% of its value. The minimum amount is paid by residents of small cities and towns, and those who live in large urban centers – shell out to the maximum. However, the cadastral value of housing is often much lower than the real one, and therefore the tax is not large. Continue reading
What is the attractiveness of real estate in Italy
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 civilization, and also not to be a stranger in this unusual country. The Italians have created a whole paradigm of features, national color, allowing them to be unique. The combination of rational and emotional in the nature of the people is due to ancient history and geographical location.
Real estate acquisition is a win-win investment and housing fortress. In addition, by acquiring private property there, the holder becomes the holder of a “C” type visa. And this opens the door to Europe for 90 days in each half year.
Acquisition of real estate in Italy, reasons
Studying a country is often associated with subsequent nostalgia. Once in Italy, you can get rid of this feeling only by staying there forever. Choice based on emotional dependence and preference is the main factor in the acquisition of housing here by non-indigenous residents. Continue reading
Singapore Real Estate
What do London have in common – the capital of Misty Albion, bathing in the rays of the Cypriot sun of Limassol, never sleeping New York and stiff Zurich? The answer is simple: all these cities are universally recognized as centers of finance on a global scale. Can this list be expanded? Of course – Singapore! Moreover, the prospects for the Russian investment market are more than optimistic.
Multiple evidence of economic success can be cited without difficulty to ensure a stable real estate market. This includes GDP growth, and a way out of the crisis, and the strengthening of the national currency, the emergence of new jobs, a balanced labor market, and investment by world-class corporations. Therefore, recently, Russian businessmen more and more see for themselves the benefit and the opportunity to cooperate with successful rapidly developing companies in Asia. It has already become a tradition to hold Russian-Singaporean economic forums in which senior figures of both countries take part. Continue reading