The unique location of Cyprus makes this island very attractive for investors. On the one hand, Cyprus is a large business center in which the interests of European entrepreneurs merge with the interests of Eastern businessmen. On the other hand, Cyprus is a resort island. The wonderful climate, clean beaches, low crime rates and excellent infrastructure attract here both a lot of tourists and those who would like to receive income from renting out real estate.
Investing in Cyprus real estate is suitable for those for whom the reliability of investments is more important than high profitability. On average, the island’s residential and commercial real estate is growing at a price of 5-7% per year. Leasing it can bring another 3-5% of the profit annually. The main advantage of Cyprus is the continuous flow of tourists, both from Europe and from Russia. At the same time, despite a considerable number of hotels, the demand for rental housing still exceeds supply, especially in the budget real estate sector. Continue reading
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 favorable climate, beautiful nature and a high level of social development. The state is part of the European Union. Legal stay on its territory gives a person the status of a real European.
Benefits of obtaining a residence permit
A residence permit in Cyprus has its own name – Pink Slip. To date, the procedure for obtaining a residence permit in South Cyprus has been simplified as much as possible and does not take much time. Moreover, the amount of investment in real estate is significantly less than when obtaining citizenship of this country. This process provides a person with a number of significant advantages:
the obtained residence permit applies to all family members: spouses and joint minor children;
in the future it will be possible to apply for citizenship (subject to permanent residence in the country for 5 years over the last seven-year period); Continue reading
The Czech Republic is a colorful and interesting country, famous for its national cuisine, unique architecture and an abundance of attractions. The flow of Russian tourists here does not dry out from year to year. For many of them, the country is so deep in soul that they decide to purchase housing here. A lot of buyers and those who purchase real estate in the Czech Republic, based on an objective analysis, evaluating the prospects and advantages. What attracts prudent future owners?
Real estate market
The real estate market in the Czech Republic is full of offers. In every major city and in the countryside, lots are put up for sale. Demand is for new buildings and secondary housing in Prague, Karlovy Vary, educational centers such as Brno and houses in well-maintained villages. Different in price and area options are offered in large numbers, allowing you to satisfy the needs of any customers. Continue reading
For more than 15 years, Spain has maintained a leading position among countries that are most attractive to investors from Russia. Local realtors confirm that the Russians are among the top 10 non-resident investors who actively enter into sales transactions in the local real estate market.
Russians prefer three main regions: the Canary Islands, Catalonia and the Valencia Community. It is to the latter that the province of Alicante belongs, which will be discussed today. By the way, Nikita Mikhalkov, actors Yevgeny Mironov and Yuri Stoyanov, as well as singer Lada Dance became the owners of luxury real estate here at the time.
The combination of several factors at once, such as the large Russian community, reasonable real estate prices, close proximity to the sea, good opportunities for renting real estate, well-developed infrastructure, affordable food prices and much more make this region as attractive as possible for investors. Continue reading
Over the past six years, the Spanish real estate market has been characterized by the following state of affairs: the maximum number of transactions for the purchase of real estate by Russians was in 2013–2014. The past crisis, which led to a drop in market prices, as well as the adoption of a law on foreigners, according to which you can get a “golden visa” when buying real estate, contributed to the growth of activity of private investors, including Russians. During 2015, the demand for Spanish real estate “dipped” somewhat, and after 2016, the market again revived noticeably.
The attractiveness of the Spanish real estate market is determined by the following factors:
the reality of housing prices – they are not overpriced and are a true reflection of the market situation,
the possibility of obtaining a residence permit,
the availability of the Golden Visa program,
excellent geographical location of the country and the presence of the sea,
comfortable transport links, Continue reading