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Greece: Inside one of Europe’s last golden visa programmes and what’s set to change

Greece launched its programme in 2013 during what became the country’s 10-year financial crisis. Greece is one of the last remaining countries in Europe to offer golden visas. The controversial ‘residency by investment’ schemes allow wealthy foreigners to ‘buy’ the right to stay in a country long term. Concerns over security and inflation have led […]

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UK housing market sees first value drop in a decade

The total value of all homes across the UK has dipped for the first time since 2012. According to figures by Savills, the total value of UK homes now stands at £8.678 trillion. The analysis of the UK’s housing stock reveals that the total value has fallen marginally on 2022 – when values peaked – but remains […]

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Have Dubai property prices reached their peak?

There are strong signs that the market is maturing, say experts The outlook for the coming year is further price increases but at a slower rate. Victor Besa / The National Neil Halligan Dubai’s residential property prices are expected to moderate this year, but the market shows no signs of letting up for the foreseeable […]

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Introduction to Property Market Cycle

Market cycles, also known as economic cycles or business cycles, refer to the natural and recurring periods of growth (expansion) and decline (recession) in an economy. These cycles influence various markets, including stocks, bonds, and real estate. Understanding market cycles is integral for investors as it can guide their decisions about when to invest, what […]

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Australian Property Forecast: What’s In Store For 2024?

The higher cost of borrowing and a lack of available houses on the market may have hampered home buyers throughout 2023, but it hasn’t significantly slowed demand and the growth in property prices. “It was a surprise, given that it was largely expected to be the year that rapid rate hikes continued to hit housing […]

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UK housing market stabilises but high rates still weigh: RICS

Published Thu, Dec 14, 2023 · 8:25 am The signs of improvement in RICS’ survey echoed recent data from mortgage lenders Nationwide and Halifax which showed month-on-month rises in house prices after a run of falls. PHOTO: BLOOMBERG BRITAIN’S property market saw some recovery in November as a surge in mortgage rates eased, but surveyors […]

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Unlocking Greece’s Property Market: A Beacon of Potential

Written by Kioleoglou Kosta for PropertyInvestmentNews.com Nestled in the cradle of history, culture, and picturesque landscapes, Greece is emerging as a shining star in the realm of global real estate. With a confluence of factors that include its prime location, robust infrastructure, political stability, European Union membership, and a steady influx of investments, the Greek […]

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Absa helps SA real estate sector leads towards a sustainable future

December 5, 2023 SOUTH AFRICAREAL ESTATE In the face of escalating environmental consciousness and climate change anxieties, the real estate and construction sector is spearheading sustainability initiatives. The adoption of green building practices has become a necessity as individuals and businesses strive to lessen their environmental footprint and contribute positively towards a Net Zero future. […]

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Greece’s red-hot housing market

Greek house prices continue to rise strongly, amidst increasing demand from foreign buyers and continued economic growth in the country. In Greece’s urban areas, house prices soared by 14.14% during the year to Q2 2023, following year-on-year increases of 15.32% in Q1 2023, 14.75% in Q4 2022, 12.77% in Q3 2022, 11% in Q2 2022 and […]

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UK house prices likely to fall by 1% next year, says Rightmove

Competition among sellers will increase as mortgage rates settle at ‘elevated’ level, website predicts Miles Brignal Average house prices in the UK will fall by 1% next year as competition increases among sellers, Britain’s biggest property website has forecast. Sellers were likely to have to price more competitively to secure a buyer in 2024, while […]