country’s GDP increased
Profit from short-term rentals in Greece over the past two years has grown stronger in locations less popular with tourists – analysts of AirDNA, a service that processes ads published on the Airbnb portal, reached this conclusion.
To compile a rating, AirDNA specialists used RevPAR (revenue per available room) indicator – it reflects the landlord’s income per month excluding maintenance and tax costs (the cost of daily rent multiplied by the occupancy of the apartment or house per month). Analysts calculated how the rental income in all locations in Greece, where more than 100 Airbnb ads were published, changed over the two years: from July 2016 to June 2018. Continue reading
The volume of transactions in 2018 increased by 5%, but in 2019 it will return to the level of 2017
The volume of transactions with commercial real estate concluded in 2017 amounted to 698 billion dollars. According to JLL, the amount of investment in the global real estate market in the first three quarters of 2018 increased year-on-year by 7% to 507 billion, and the total amount for the year according to preliminary estimates, it should have reached $ 730 billion. However, in 2019, experts predict a slight decline in investor activity: their investments in real estate will be reduced to $ 700 billion. Continue reading
Today, it is safe to talk about a new trend in the real estate market: at the peak of popularity among investors, the capital of Portugal – Lisbon!
A stable political and social environment, a modern education system, a low crime rate, a high standard of living, a strengthening of the Portuguese economy, government programs aimed at attracting foreign investors, as well as measures that promote the direct development of Lisbon, bring their results. According to analysts of the company PwC, in 2019, Lisbon will be the head of the rating of the cities most attractive for investment. Continue reading