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Global real estate market news: February 2024

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We are happy to introduce our second news-block dedicated to the most significant events on global real estate markets and the latest immigration news from prian.info

The main topics of the agenda:

  • Greece is going to tighten the conditions of the popular investment program. The  Prime Minister has announced his intentions to raise  the minimum threshold for the Golden Visa program in some urban centers and islands to €800,000.
  •  The prospects of Cypriot real estate market in 2024. The risks are obvious when we are talking about the investments in Cyprus. The local market is very dependent on foreign demand from tourists and relocants. The demand has been on the rise for the last couple of years, but is obvious that most of the buyers have already completed their objectives.
  •  The crisis on the German real estate market is not that bad. The situation on the German real estate market is negative when  talking about the formal numbers. The demand is weak and the prices are falling.The VDP experts do not expext the situation to reverse in 2024. And this may be evidence in favor of potential investors.

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Tags: Greece, Cyprus, Germany, Market Analysis, Life abroad, Investment, Immigration, Real Estate, Immigration programs

Read also

The parliament of Cyprus has passed the law for a reduced VAT on first homes
Some deputies have noted pressure from the EU.
Greece changes the conditions for granting a residence permit
The new law will come into force on January 1, 2024. It has already been approved by the government.
Agency for Fundamental Rights calls on the EU to make it easier to obtain long-term residency status
This is a recommendation for the European Union and national authorities.
Greek Tax administration will cross-check real estate transactionsthat were conducted in cash
It is important to declare your transactions.
Property sales in Cyprus have surged by 23% in the first half of the year
The number of concluded sales has reached more than 7000 during the first six months of 2023.
Global real estate market news: January 2024
Our pilot news-block on Prian.info

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