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Whether it is residential real estate, such as apartments, homes, villas, or commercial real estate, such as offices, hotels, investment projects - TellProperty is your personal assistant when it comes to investment in overseas properties. To learn more, visit us at: https://tellproperty.com

UK plans to cancel its “Golden Visa” program 🇬🇧The Tier 1 visa, also referred to as the “Golden Visa”, is the document t...
24/02/2022

UK plans to cancel its “Golden Visa” program 🇬🇧

The Tier 1 visa, also referred to as the “Golden Visa”, is the document that is issued for a £2 million investment in real estate and allows one to obtain the right to reside in the country. Holders of such a visa in the future can expect to receive permanent residence. Investors can submit a request after 2-5 years (depending on the amount of investment). The “Golden Visa” has been issued in Britain since 2008, but the country's government plans to close this program in the near future.

Reasons for such action

The decision not to issue this document was the result of numerous checks on the origin of the capital of foreign investors. Some interesting facts:
many investors bought housing in the country with money that were obtained illegally;
some of the holders of the “Golden Visa” after receiving it repeatedly made purchases of luxury cars, paid for expensive education at local universities, etc. for the purpose of money laundering.

Given all these facts, the British government intends to consider canceling the program in the near future.

How much will the value of real estate in the US increase in 2022? 📈In 2021, housing prices have skyrocketed around the ...
23/02/2022

How much will the value of real estate in the US increase in 2022? 📈

In 2021, housing prices have skyrocketed around the world. The USA is no exception. Over the past 10 years the average rise in prices in the United States has been more than 153%. Experts expect this trend to remain unchanged in 2022. According to various companies, the growth in the cost per square meter can range from 11% to 16%.

Why is American housing going up so fast?

There are several reasons for such a rapid rise in prices:
shortage of offers;
increase in the rate of inflation.

There are fewer objects available for purchase, as there has been a decrease in housing built. This is partly due to the pandemic. In addition, there are fewer offers from owners - they are in no hurry to part with their housing, as they are not sure if they can find a better offer.

3 reasons for the popularity of real estate in the Spanish region of Costa Brava ⬆️The resort regions of Spain are very ...
22/02/2022

3 reasons for the popularity of real estate in the Spanish region of Costa Brava ⬆️

The resort regions of Spain are very popular among foreign real estate investors. The climate there is mild, with warm weather all year round. One such place is Costa Brava.

Why choose property on the Costa Brava?

The region has a lot of advantages, but some of the main ones:
the diversity of nature, thanks to which this place attracts tourists from all over the world - there are mountains, forests, beaches and beautiful bays;
large number of luxury housing - due to the landscape features of the region, it is not possible to construct high-rise buildings, so most of the buildings are villas and small buildings;
high profitability of real estate - since housing in this part of Spain is quite expensive, it can be very profitable to rent it out.

In addition, the process of registering a real estate purchase and sale transaction in the region is quite simple and fast.

Is it possible to buy a house in Germany for 50 thousand euro or less? 🇲🇼Germany is considered to be one of the most exp...
21/02/2022

Is it possible to buy a house in Germany for 50 thousand euro or less? 🇲🇼

Germany is considered to be one of the most expensive countries in terms of real estate value. However, prices are not that high in all regions. In some regions, one can find a decent apartment for 50 thousand euro or less. For example, in Düsseldorf it is possible to buy housing from 25-30 thousand euro. However, in such situations it is important to be especially attentive to the quality of the purchase - living conditions, the presence of debts of past owners, etc.

What to look for when buying a budget apartment in Germany?

If you have planned to buy an apartment in Germany, the cost of which does not exceed 50 thousand euros, then you should make sure in advance that there are no risk factors involved.

Some of the important factors:

The condition of the building in which the apartment is located. Quite often, budget apartments are sold in old houses that require major repairs.
The condition of the apartment itself. If the apartment is inexpensive, then it is likely that it has problems with utilities, decoration, etc. To hide them, the owners often carry out cosmetic repairs before selling. However, after a short period of time, all these shortcomings become obvious.

No mortgage involved. There are situations when owners sell housing for which they have not yet paid. They choose a buyer who is not aware of the legal aspects of such a transaction (for example, a migrant), and also lower the price to attract more attention.

If you cannot independently assess how profitable a deal really is, then it is better to involve a qualified specialist. The best option is to use the services of a trusted realtor.

How to buy property in the UK remotely? 🇬🇧Real estate in the UK is very popular among buyers from Russia and Europe. Dem...
16/02/2022

How to buy property in the UK remotely? 🇬🇧

Real estate in the UK is very popular among buyers from Russia and Europe. Demand for residential and commercial properties in this country is growing steadily, despite an equally rapid increase in prices. The main reason for this is a stable economy, which is a guarantee of maintaining high profitability and liquidity of real estate. Another advantage that buyers receive is the ease of conducting a purchase and sale transaction. Below you can learn more about the algorithm of this procedure.

How is the property purchase going?

Any foreigner can buy a house, office or warehouse in the UK. The algorithm for concluding a deal will not differ from the standard one. In addition, one can conclude it even remotely. The following steps are required for that:
Find a reliable real estate company. Inform its representatives of all the requirements and wishes regarding the future purchase.
After the object is selected, UK lawyers will prepare an appropriate power of attorney and send it to the buyer. Then the document has to be certified at the consulate.
Then one should sign the Memorandum of Sale (sale agreement), as well as Conveyancing (ownership transfer agreement).

It should be noted that in the UK there are two options for conducting a sale and purchase transaction. In the first case, the buyer receives full ownership of the property. In the second case, only the object itself becomes his property, but not the land on which it is located. It is recommended to choose the first type of deal.

European records for real estate investment in 2021 ⬆️The volume of investment in European real estate in 2021 broke the...
15/02/2022

European records for real estate investment in 2021 ⬆️

The volume of investment in European real estate in 2021 broke the record of previous years - it amounted to 359 billion euros. This amount exceeded the maximum pre-pandemic levels by 8%.
Which countries received the most investment?
Two directions hold the leading role in this regard:
Germany - the volume of investments here increased by 39%;
Scandinavian countries - the growth in the number of investments here reached 44%.

However, the increase in demand for real estate was not observed in all European countries. For example, in Portugal and the Netherlands investment volumes have fallen. Considering the market as a whole, it is worth noting the increase in demand for such objects as office space, rental housing, industrial and warehouse real estate.

Montenegro is recognized as one of the best countries for investment migration 📝Many people want to get a residence perm...
11/02/2022

Montenegro is recognized as one of the best countries for investment migration 📝

Many people want to get a residence permit of another country for investing in real estate. But now not every country is ready to provide such an opportunity. In addition, even if it is present, certain conditions may be applicable that make the acquisition less profitable. That is why it is worth getting to know the countries that offer the best options for obtaining a residence permit or even citizenship through investments. One of these countries is Montenegro.

Conditions for obtaining a residence permit for investment in Montenegro

It is no accident that Montenegro is included in the top countries with some of the most interesting conditions for investment migration. By purchasing real estate here, buyers receive the following benefits:
a large selection of objects in resort areas, megacities, etc.;
no need for permanent residence in the country for a certain period of time to obtain a document;
the ability to retain their previous citizenship after obtaining a local passport.

Another advantage is the attractive prices for housing and commercial facilities in the country.

How can investors capitalize on rising property prices in Turkey? ✍Over the past few years Turkey has remained the undis...
10/02/2022

How can investors capitalize on rising property prices in Turkey? ✍

Over the past few years Turkey has remained the undisputed leader among the rest of the world in terms of rising property prices. For 6 years prices have increased by almost 30%. At the same time, demand remains stable and even grows - in 2021, foreigners bought almost 40% more objects in this country than a year earlier.

How can buyers use Turkey's investment potential?

If a real estate buyer is interested in the opportunity to earn money, then Turkey will be an interesting option. This is due to the following:
rental housing in Turkey is in great demand, and given that the holiday season there lasts all year round, such an investment can pay off quickly;
due to high liquidity, within a couple of years after the purchase housing can be sold at a good price.

It is thanks to these conditions that the demand for Turkish residential and commercial properties remains high, despite the rise in price, the pandemic and other factors.

Top cities in Spain with the cheapest real estate 🇪🇦One of the reasons why Spanish real estate is very popular is its lo...
09/02/2022

Top cities in Spain with the cheapest real estate 🇪🇦

One of the reasons why Spanish real estate is very popular is its low cost. Of course, in certain regions, housing prices are extremely high and continue to skyrocket. But at the same time, in other cities, prices remain attractive - often these are areas remote from the coast, small towns, etc.

Where in Spain can one buy cheap housing?

Among the most inexpensive Spanish cities for buying real estate are the following:
Alcaudete de la Jara - about 350 euros per sq. m;
Fuente Obehuna - 352 euros per sq. m;
El Carpio de Tajo - almost 360 euros per sq. m;
Suhar - 386 euros per sq. m;
Belmes - about 390 euros per sq. m.

Lagging behind are Almaden, Mota de Cuervo, Peñarroya Pueblonuevo, Sebolha, Horcajo de Santiago, Santa Amalia, Calzada de Calatrava, Malagon, La Pobla Llarga, Miguel Esteban. In these cities, prices per square meter start at 398 euros and go up to 460 euros.

Service apartments and co-living - new trends in global real estate 📊Trends in the global real estate market change freq...
08/02/2022

Service apartments and co-living - new trends in global real estate 📊

Trends in the global real estate market change frequently. New object options appear, others lose their popularity. At the same time, such a dynamic is not the same in different countries. What is in the top among European buyers is often not in demand among Russian investors.

What types of objects have become trends in Europe in 2021?

Those wishing to purchase housing in Europe are increasingly interested in the opportunity to buy serviced apartments. Such objects are characterized by the following:
fully furnished rooms;
the presence of an equipped kitchen;
service, which includes cleaning of rooms and change of bed linen.

It is worth noting that such options for objects are popular both among those who buy housing for themselves and among buyers of commercial real estate.
The most popular trends in the US and Asia
Another type of real estate, the demand for which began to grow back in 2018-19, was coliving. Their popularity plummeted in 2020 due to the pandemic, but now they are quickly returning to their previous level.

Colivings do not have a clear format - they can be both separate houses and large apartments. Private rooms in them are provided to each resident, but the kitchen remains shared. Usually these objects are rented. Most often, they are rented by companies of people with some common interests for convenient business. However, trends change very quickly, so it is extremely difficult to say exactly which housing options will be at the top in 2022.

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