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Global real estate market news: January 2024

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Our pilot news-block on Prian.info

The main topics on the agenda:

  • Greek golden visa was the world’s most popular in 2023. By the end of November, Greece had received an all-time record of 7,752 applications for obtaining a residence permit – already 78% more than in the whole year of 2022.
  • The new rules for short-term rentals in Turkey. The new regulations on daily accommodation rentals for tourism purposes have come into force on Jan. 1, 2024.  We have prepared an overview of the main requirements.
  • Bulgaria joins Schengen. Romania and Bulgaria have reached an agreement with Austria to join the European Schengen area of free movement by sea and air from  March 2024. The question of the opening of land borders has yet been postponed. It is interesting how joining Schengen will affect the real estate market of these countries.
  • 2023 promises to have been the most productive year on the real estate market of Cyprus. The number of property sales in Cyprus in 2023 has reached the highest level in 15 years. 

Quoting conditions of Prian.info materials

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Tags: Market Analysis, Immigration, Investment, Rent, Real Estate, Immigration programs, Cheap property, Residence permit and citizenship

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RICS and KPMG have announced the results of the second quarter of 2023 in the real estate market of Cyprus
The rapid growth of property prices and rental rates continues.
Deloitte has presented the latest overview of European residential property markets
The experts have named the most expensive and the most affordable countries and locations.
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.
Cyprus property market remains buoyant despite challenges
2023 promises to have been the most productive year on the market in the last 15 years.
Rental rates for student accommodation in Greece are soaring
The sharp increase in rents has extended to the countryside
Greece is going to tighten the conditions of the popular investment program
The move aims to combat the crisis in the real estate market.

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