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Global Properties

News, page 4

  • The UK residential property market is once again seeing prices rise, with the average house price at £270,000 (approximately $330,000) in Q4 2024. According to a report by mortgage company Nationwide, this figure is 4.7% higher than in December 2023. This activity in the market is attributed to... Read more
  • Rents for new homes in the UK are projected to rise by 4% in 2025, which is higher than the expected 2.5% increase in average house prices. According to a report by analysts at Zoopla, rents will rise in price faster than flats themselves over the next 3 years, boosting owners' incomes,... Read more
  • The demand for 1970s apartments in Athens and Thessaloniki is on the rise again. Older residential buildings, which make up 55% of Greece's multi-family and single-family homes, are the most common in the country and are attracting significant interest due to the "Spiti Mou 2" ("My Home 2")... Read more
  • Factors such as economic uncertainty, changing climate conditions, and rising borrowing costs have created a challenging environment for the winter holiday home market in Greece. Despite some recovery in recent years, the sector continues to face difficulties, including uncertainty about the... Read more
  • The Greek government has decided to extend the deadline for completing real estate contracts for investors participating in the Golden Visa program. Authorities announced that foreigners who placed a 10% deposit by August 31, 2024, can now finalize their contracts by February 28, 2025. The... Read more
  • Consulting firm Knight Frank predicts a 4.5% increase in luxury property prices in Lisbon by 2025. This forecast places the Portuguese capital in fourth place among European cities with the highest potential for price growth, surpassing major hubs like Monaco, Milan, Geneva, and Paris. In the... Read more
  • According to a European housing market report, Portugal secured seventh place among European countries with the highest property price growth in 2024. The average growth rate across Europe reached 2.9% in the second quarter of 2024, with 21 out of 30 analyzed countries achieving new price peaks... Read more
  • In the Q3 of 2024, rental prices in Portugal increased by 10.7%, reaching an average of €8 per square meter (€/m²) nationwide. The Lisbon metropolitan region remains the leader in rental rates, with costs at €13.53/m², 69% above the national average. According to preliminary data from the... Read more
  • Italian financial and economic publication Il Sole 24 Ore annually releases a report on the cities with the highest quality of life in the country. Experts from Locare used this report as a basis for a study on rental housing costs in these cities, analyzing the average rental prices for... Read more
  • In 2025, the Italian real estate market is expected to continue stabilizing after the COVID-19 pandemic-driven boom. During 2024, sales activity normalized, but demand still outpaces supply in key cities like Milan and Rome. High interest rates, which slowed mortgage lending, may decrease this... Read more
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