Analytics
Russian attack in the Czech Republic. The Russians are aggressively purchasing expensive commercial real estate in Prague. Local media are shocked: the downtown buildings float away in foreign hands, one after another. We asked the experts about reason for such unprecedented boom and remained surprised.
Articles
Five Italian stories. Review of latest trends promotes quick and easy understanding of what is happening in real estate market in Italy. For example, you'll learn how wine helps to deal with the crisis, and which nation has managed to overcome the Italians in buying housing in Tuscany.
Genuine France. We have chosen 10 places for buying property in France, excluding Paris and the Cote d'Azur resorts. Little-known cities and picturesque villages, not yet affected by the influx of tourists are gathered in a colorful photo review made by the ee24.com.
European ownership in Africa. The Canary Island’s climate is the world’s best. Guide to Real Estate Market in Tenerife and Gran Canaria debunks the myth of the exorbitant prices for apartments and houses in this paradise earth.
New luxury ranking. Buckingham Palace, the residence of the British Queen Elizabeth II, tops a new list of the most expensive residential buildings in the world. Furthermore, three mansions in London, owned by Roman Abramovich, Lakshmi Mittal and Ukrainian businesswoman Elena Pinchuk, hit the top 10.
Real Estate News
Pricing growth for elite real estate has slowed. Prices for premium housing in major cities all around the world has decreased by only 4% over the last year. London, Madrid and Rome go up, while Paris and Switzerland become available for wealthy buyers.
37% of Londoners are to live in industrial zones. Development of undeveloped areas, abandoned docks and industrial land will allow increasing the number of citizens in London by 37%, or up to 11 million people by 2050. The project of capital expand is much supported by the Municipality.
Real estate agents in Germany will remain commissions free. The authorities made a decision: renters may save on broker’s services. Brokers kept an offense and remained silent. But they could make a strike, just as employees of the transport sector like to do in Germany.
Tallinn developers haven’t enough buyers. Number of high-rise buildings under construction has significantly increased in Estonian capital, while the demand and prices have remained almost unchanged. Most likely developers will be already forced to fight for every buyer in 2015.
A night in wardrobe is to be spent by a buyer who will dare to buy an 8-meter apartment in Paris. Designers made their best to use every inch and the bed was placed right in the wardrobe. Photos of the unique apartment "before and after" – on the ee24.com.
Brazilian billionaire Safra bought The Gherkin in London. The Safra Group, Brazilian financial conglomerate, purchased the famous skyscraper for £726 million (approx. €928 million), while the starting price was £650 million.