In order to liven up the economy, at the beginning of 2013, the Portuguese government opted for a reform package with tax incentives for retired foreigners that decide to live in the country for more than 183 days a year, creating the “Golden Visa”, a new type of visa for non-EU citizens. The Golden Visa allows resident citizens outside of Europe that invest more than 500 million euro in real estate in Portugal to obtain European residency, meaning that they…
The American real estate network Coldwell Banker Previews International, along with the prestigious research company Luxury Institute have carried out an interesting market study to investigate the outstanding features most desired in a property. The study was carried out by interviewing 300 Americans with an income of more than 250,000 dollars. The results of this study were quite surprising to say the least. In response to the question regarding which are the most important material or immaterial benefits for a…
EC Harris, one of the main real estate consultancy companies that works at an international level with its headquarters in London has compiled a study of the most expensive construction costs per country worldwide. The title of the most expensive construction costs in the world is rewarded to Hong Kong, quickly followed by Switzerland, Denmark, and Sweden. In effect, according to the report drawn up by EC Harris which measures costs in 47 countries, the building costs in Hong Kong…
According to the Global Development Insight report which was updated in the trimester of 2013, the largest population to invest in luxury real estate are the Chinese. The report which was developed by Knight Frank, one of the principal real estate consultancy groups, shows that Singapore citizens and Russians, are found respectively in second and third position in the classification. According to the study carried out by Knight Frank, Chinese buyers are mostly interested in Paris, New York, and London…
A recent study in the sector has identified the current European outlook for the most competitive cities with regards to real estate prices by analyzing a mid to long-term perspective. The results which have emerged from this survey have been very clear: excluding London which unsurprisingly achieved the record as the most attractive European city, the real surprises have been Berlin, Vienna and Amsterdam. These cities represent the big cities that should be watched out for when purchasing a second…
LuxuryEstate.com, the international portal dedicated to sales and lettings of luxury properties has launched its new app to meet the requirements and needs of high-end buyers, whether English or international. Allowing users to search for dream-like properties all over the world via the largest property showcase available online. By means of this app, more than 90,000 exclusive properties located in more than 85 countries worldwide can be consulted via smartphone or tablet, making searching for the perfect luxury home easier…
