Venice is recognized worldwide as an extraordinary place, bursting with charm and appeal. With such characteristics, the real estate market here is quite attractive, above all for foreigners who are seduced by the cities unique charisma. The French prove to be the principal buyers, followed by the Russians, Germans, Swiss and northern Europeans. The English are more veered toward Tuscany, while the Chinese remain hesitant and continue to assess the situation. There are two main details taken into consideration by…
Cities in Northern Europe have managed to escape the real estate crisis that has hit many cities around the globe. This favorable fact has allowed these northern metropolises to advance with the modernization of urban areas, with access to the most innovative technology, giving way to improved eco-friendly conditions. MIPIM (Le marché international des professionnels de l’immobilier) the leading international property event for property professionals has been investigating the progress of real estate for the past 23 years. This year’s…
Following a rather dormant trend, it seems that mountain chalets have come back on the scene, with particular evidence noted in Switzerland and France. The first and foremost reason for this rekindling or admiration toward mountain chalets is the sign of a gradual economic upturn in Europe. Consequently, investors are less apprehensive and gradually getting back in the game. These luxury properties represent secure and profitable investments, destined to increase in value. The average price for a luxury property in…
Austria has become the new hotspot for real estate investments. The much loved country for both summer and winter getaways has seen an increase in sales to foreign buyers. Italians have proven to form a large part of the number of foreign buyers, the majority coming from Alto Adige, on the border of Austria. A more attractive location for investing considering the critical economic situation in Italy. Buyers are particularly interested in the North Tyrol and the western regions of…
Real estate for sale in Croatia is particularly aimed toward high-end investors. What does this say about the real estate market and how it will evolve for a nation that has recently entered in the EU in July 2013? The truth is that an immediate change was not noted in consequence of this step. Continual price drops have occurred, due to the worldwide critical situation. From 2007 to 2012 real estate prices decreased gradually, until arriving at a drop of…
Purchasing properties in Europe is much cheaper today than in the past. The current, familiar and widespread difficult economic situation has had a domino effect on the real estate market. It is now necessary to lower property prices to avoid a total collapse in the market. Countries such as France and the Netherlands have had to compromise and drastically lower their prices. Prestigious properties in these countries, amongst the most costly in Europe, have had a fall in prices. Consequently…