Analytics
Monaco and London: the most expensive. For €1 million you can buy only 20.6 sq.m in Monaco, and in London – 33.2 sq.m of elite housing. Millionaires leave the overvalued markets to cities of the "second-tier" – Dublin and Madrid.
Interview
Tzavelina Aleksandridi, head of Greek company Alpha Ermis: "I think there will be an increase of sales to eastern neighbors due to political events in Ukraine and the Crimean issue. Moreover, it is likely that customers will have to pay more: property prices in Greece will start to grow as a result of active influx of the Russians and the Ukrainians".
News
Estonia and Croatia: the two extremes. Northern Estonia turned out to be the extreme of heat, as in the first quarter real estate in this country has increased in prices to a record of 16.2%. Adriatic Croatia is in the cold zone: housing costs 9.7% less.
700,000 Russian apartments in Bulgaria. According to new data, that is the exact number of properties, owned by citizens of the Russian Federation, and it is only on the Black Sea coast. The total cost of all properties is €18 billion – more than the annual budget of Bulgaria!
Big metro for small Nice. Capital of the Côte d'Azur will get the second tram line – it will go from the airport to the Promenade des Anglais and the Old Town, where it will descend underground. Experts of portal ee24.com predict that prices for properties along the Metrotram rout will go up.
Popularity of Cyprus had increased by 2.5 times. 551 properties were sold in May on the island, which is 2.5 times more than the corresponding period last year. From January to May sales in Cyprus increased by 20%.
A universal temple, a house on the Moon and a tower of LEGO. A temple of three religions – Islam, Judaism and Christianity will be built in Berlin, and a Swedish designer will launch a real farmhouse to the Moon. In Budapest, everything is much more modest – on one of the main squares they built a LEGO 12-storey tower.