apartments in the city
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. This is especially true of such key social needs as the choice of place of residence, as well as the level of medicine and education. Moreover, if you intend to purchase real estate not only for the purpose of generating income, but also have the intention to move to this country forever.
German medicine has come a long and thorny path from medieval alchemy to reputable universities, whose medical faculties have given the world many famous doctors and scientists.
Many years of successful experience, an excellent technical and intellectual base allow us to achieve the highest rates in almost all areas of medicine. Modern Germany occupies a leading position in the quality of medical services worldwide. Continue reading
In my previous article, we examined the benefits of living in the Spanish capital, Madrid. In this article I will tell you more about the most comfortable areas for living in the Spanish capital. So, the most favorable areas of the Spanish capital are:
Where is better to live and buy property in Madrid?
El Barrio de Salamanca (Salamanca District)
It has always been the best place to stay in Madrid, as it is one of the most exclusive areas of the capital in terms of acquiring housing. In 2019, Salamanca is once again positioning itself as the most expensive area in Madrid, with an average price per square meter of € 4,929, according to an official housing assessment (TINSA).
This is certainly one of the safest areas of Madrid. And, despite the fact that he is sleeping, the proximity to the city center allows its residents to combine living in it with trade and business. Continue reading
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