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Global real estate market news: March 2024

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⚡ Check out our recent video news-block about the main events on global property markets from prian.info

We are excited to present the first episode in Spring 2024

The main topics of this news-release:

  • Italy is ready to welcome “digital nomads”.

The country has been figuring out the conditions for hosting skilled individuals who can work remotely for the last 2 years.

While the local Parliament hasn't passed the law in its final form yet, they have discussed the details and revealed the main provisions for the new program.

  • Greece has confirmed tightening the conditions of the  popular “Golden Visa” program

Greece will establish three different investment thresholds and introduce restrictions on short-term rentals for the properties under the “Golden Visa” program

‼️ Update: the date when the new rules of the program come into effect was changed and this became known after shooting the video.

The new rules come into force on March 31, and there is no time left! So the Greek government has introduced a “transition period” until the end of the year.

  • The downturns in the real estate markets of France are beneficial to buyers.

The Federation of Real Estate Agents has issued a report about the current situation in the local market. The main highlight is the drop of sales in 2023. As the number of transactions decreases, the prices begin to decline as well. However, for those looking to purchase a property in France right now, the situation isn’t that bad.

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Tags: Greece, Italy, France, Market Analysis, Residence permit and citizenship, Immigration, Investment, Life abroad, Real Estate, Events

Read also

Italian real estate market is waking up after winter hibernation
A slight increase has been recorded in monthly and annual terms.
Housing prices in the EU have increased by almost 50% in 12 years
Purchase prices are rising faster than rental rates.
French Parliament has approved new strict immigration law
However, some provisions of the legislation have been softened compared to the initial version.
Real estate of Spain, Italy, Montenegro and Cyprus - the most popular countries in Southern Europe. The main trends of 2023 and forecasts for 2024.
Our partners - realtors and developers – have told us about the main trends in the real estate...
Italian house price growth has slowed down in 2023
The National Institute of Statistics has revealed the latest data.
The most popular “golden visa” in 2023 has been revealed
It turned out to be the corresponding program of Greece.

Interesting to read