News Digest (November 16-30, 2014)

News Digest (November 16-30, 2014)

Analytics

Golden streets of Europe. There are streets where commercial property is expensive, as well as other locations where property equals to gold. We published the Top 10 of prestigious streets in Europe, where the best boutiques and shops of world famous brands are concentrated.

Guide to the Alps. Real estate in the mountains of Switzerland, France and Austria is again in demand and gets more expensive, in contrast to the housing on American resorts. You will learn what skiing areas are considered to be the most prestigious, and in where, on the contrary, cheap chalets and apartments are available.

 

Articles

The Africans follow the Russians. Buyers of elite real estate in London, coming from Africa, follow the footsteps of Russians, choosing only the best and not looking at modest apartment. Africans spend €1 million per day on housing in London.

 

Real Estate News

One day – one "golden visa" per person. In average, Spain issues one "golden visa" per foreigner in a day. Portugal is more successful, and during the same period, it manages to provide a residence permit for two investors.

Mayor of London refused to pay money to the budget of the United States. The politician, who has dual citizenship, has recently sold his house in England, and now US authorities demand him to pay taxes. Mayor ignores overseas laws, and does not hesitate to say about this on public.

Greece is looking for a foreign investor to Little Lesbos. The small island of Lesbos, located 200 meters away from its famous brother, is to be sold for €800,000. No one lives there and there are no any houses or other buildings.

The largest estate in England is sold for a ridiculous price. The palace is so big that costs for its permanent restoration may not be compared with the joy of living there. The owners decided to sell the estate for £7 million – price for apartments in the prestigious area of London.

Parisians don’t want a skyscraper. The citizens, who once fiercely criticized the Eiffel Tower, are against the construction of a new skyscraper in the city center. The mayor will litigate the decision of the City Council.