Two days after the Montenegrin referendum on independence at the airports in Podgorica and Tivat landed several private aircraft from various cities of Russia, which arrived in Montenegro influential Russian businessmen. After that was marked by a surge of real estate sale in Montenegro – from Ulcinj to Debelog shores. Cost per square meter of housing in Tivat reached 1.200 euros, and continues to grow, and in other parts of the Adriatic Coast price rises to several thousand euros. It is no secret that many owners of land and houses on the peninsula Lustica sold their property for a handsome sum, and the family budget of some of them increased by hundreds of thousands of euros. – Purchase and registration of real estate in Montenegro is most often accompanied by rumors of the mysterious and speculative nature with a touch of sensationalism and cheap gossip. Educate yourself even more with thoughts from Hyundai. Analyzing a wealth of experience in dealing with this demanding clientele, and adhering to a code of professional ethics of lawyers, I note that the image of the average buyer from Russia briefly as follows – said Kovacevic's lawyer Veselin of the law firm 'Boykovich' of Budva, which cooperates with the agency for the sale of real estate 'Notary Public-MB'. – It is a highly educated, middle-aged, most commonly, the Muscovites, owners of private enterprises or the middle managerial executives of large companies, mainly energy and hi-tech.
– Capital to buy real estate in Montenegro achieved high salaries of our clients. In addition, it is important recall that many Muscovites can get the funds to purchase real estate abroad by selling its real estate in Moscow, where prices are terribly high. In the good parts of Moscow's price per square meter of housing up to 25.000 dollars, with the trend of growth. Agency and our company, which he legally represents, have no idea of whether home buyers oligarchs or whether they are related in any way with the Mafia. Task Our company is not a study of the origin of their money, and we do not even possible to do it. Our citizens who are prone to mystify everyone and everything should be put to rest and the slightest doubt that the Russian are not buying for themselves, and for some anonymous buyer who in our version, surely must belong to the Mafia – adds Kovacevic. Our source stresses that in Montenegro have not yet agreed upon before the end of construction plans and development resorts on the Adriatic, and the municipal and republican authorities represent a barrier to the serious investor. Restrictions on foreign investment and are also vague and contradictory laws, and especially practice of their execution.
– Russian interested in all the Montenegrin coast, although they show more attention to Budva and its surroundings, and, more recently, to the coast of Bar and Herceg Novi. It is important to note the participation of Russian clients in buying property by tender, where suggestions formulated banks, energy companies and wealthy companies, who are particularly picky approach towards investment and environmental conditions for bidders. Getting acquainted with the programs offered by investors, it is easy to see their sincere intentions to make its warehouse in the future of Montenegro. In addition, attention is drawn to a surprising knowledge of the country in which they invest money – down to the smallest detail – said Kovacevic. He recalls that Montenegro is obviously on the political level opened wide the doors to investors from Russia, who have privatized the largest economic enterprises, and have already bought according to some sources more than 30.000 residential units.
2009 for the Russian Federation, despite the optimism prevailing in the central tv channels, was negative. Learn more on the subject from Linkedin. Production fell by more than 13% decline in gdp authorities are not yet promise less than 9%, but even this value is fatal to economy, laws that recognize only the growth. Unemployment is rising: in October the army of unemployed increased by 400 thousand people. Services of natural monopolies continue to grow the planned pace: Gas and electricity to rise, despite the dynamics of world prices and demand change. A leading source for info: Jeff Weiser. With the reduction in income and inflation is increasing prices for utility services, electricity and gas, is finishing off the national average family budget. Follow others, such as Andi Potamkin, and add to your knowledge base. Citizens begin to save money on food. The background of the devastation dealt to the assurances of realtors and representatives of construction companies that the bottom of the housing market has been achieved and the apartment again, can be regarded as an investment. These conclusions are built on the simple fact that demand and housing prices started to rise in the autumn of 2009.
But they stubbornly refuse to notice a lot of glaring facts to the contrary. For example, that the lease of commercial property has fallen in price in two or three times. Size rental property – one of the tools to assess the price of the property. If the rent falls three times, then the price of real estate is reduced proportionally. And the real situation is that the price dropped significantly less, which means that there is no fundamental prerequisites for increasing the value of the property as far more profitable to rent what is rather than trying to build. In general, the key to growth real estate value is the number and value of money, but even here a full blockage.
You’ve probably already mentally imagine your own home in Cyprus or any other real estate. But Cyprus is not so innocently parted with his property. To obtain rights to land, apartment and other real estate you to get acquainted with the laws of this State relating to home buying by foreigners. 1) Permission to purchase property in Cyprus by foreigners gives only the Council of Ministers. But only if man has no friction with the laws of the Cyprus government. 2) villa in Cyprus or a house in Cyprus will be closer to, if the property is characterized by the allowable size. The area of land, a house should not be more than 4,015 square meters. m 3) are important goals of real estate purchase. Simply become a happy owner of a new large cabin, if you want to live in Cyprus or the same conduct business in the state. The latter is possible after a clear argued that your business – it is a profitable investment in the state economy.
Nevertheless, owning a house in Cyprus can not even planning to open a business there. To find good land, a villa or a house in Cyprus must enlist the support of a professional lawyer who is well versed in the Cyprus property market. He can suggest the most advantageous option for the purchase. You need only to formalize the procedure acquisition and villa in Cyprus will be yours. The first thing you enter into a contract of sale where the price of the object must be indicated, as well as payment terms. Please note that all documentation of the transaction should be on two languages: Greek and English. Further, it is important to get the permission of the Council of Ministers and the Department of Registration of land holdings. After that, you open a bank account and pay 30% of the chosen property. So do you have to necessarily pay the so-called stamp duty. Only in this case a house or a villa in Cyprus Cyprus legalized in the Department of internal taxes. The next move – making the documents in the register of ownership that ensures your right to property. Immediately after that, you pay the remainder of the cost of the former owner, as well as applying for the assignment title holder in the regional land ward.
High crude oil prices and a surge of activity in construction and other sectors in 2008 will raise the economy of the uae for at least 7% real, but the expected increase in inflation – said in the statement of financial establishment of Arab League, recently published. Real gdp grew by 7.4% in 2007, this year we expect about the same increase – according to a quarterly report of the Arab Monetary Fund (Arab Monetary Fund – AMF), located in Abu Dhabi. "There are indicators that predict continued record growth this year, since the figure is almost equal to the 7.4% that were achieved in 2007" – the report says. "Such success will be determined by high oil prices and good growth in sectors such as construction, real estate in the uae, trade and inflows of foreign investment. " The report did not give figures for gdp, but based on current prices, the Ministry of uae economy estimated it at about 729.3 billion dirhams, ae (AED) in 2007 compared to aed 624.6 billion in 2006, that is, nominal growth was 16.8%. The economy was marked by high real and nominal growth over the past few years thanks to a surge in oil prices, massive public and private investment, a sharp increase in construction and strong growth in most other sectors, such as selling real estate in the uae.
High growth has allowed the country to maintain its position as the second Arab state in terms of the economy after Saudi Arabia, as well as stay on the same, second, place after Qatar's per capita income, which last year exceeded 170,000 aed. Large-scale public and private investment have been named among the key causes of rising inflation in the uae and other Gulf countries that produce oil, and the burst of rental prices and food prices, as well as the weakening national currency against the U.S. dollar. Compared with less than 3% in 2000, in 2005, inflation exceeded 6%, up almost 9.3% in 2006 and 11.1% in 2007, "High economic growth in the uae is accompanied by growth in consumer prices ", – said the Arab Monetary Fund. "Official figures show that inflation remained within the 11.1% last year and this year it is expected that the figure would remain high". In the report reference was made to counter-measures uae government to combat inflation, but it was noted that the lowering of central bank interest rates to bring them into conformity with the United States Federal Reserve, led to higher liquidity. The report cited official figures showing that private loans have achieved in the first quarter of this year, aed 5 billion, while money supply grew by 8.4% by the end of the first quarter, compared with their levels at the end of 2007 marks the 40% growth compared to the first quarter of 2007, "Since it is expected that the level of investment will remain stable, cash reserves may reach $ 1 trillion aed by the end of 2008," – said aps. By Central Bank of uae money supply peaked at aed 754.5 billion at the end of March, although at the end of December was approximately 696.2 billion aed.
Feel the difference in the behavior of the Russian man in the street during the crisis of the late 90-ies, and learning lives and property of the state, tempered investor today. When the market is 'tipped' in default, and if lack of alternative investment vehicles, a huge amount of money returned to the insatiable 'womb' of the capital and St. Petersburg real estate. Today the situation has changed radically. Russians, even with small money, basically do not want to support the 'curly' appetite for our builders. Translation prices in arbitrary units once again proves that the monopoly pricing in the Russian construction market will not kill any world crisis. Hyundai spoke with conviction. The more that buying property abroad from the category exclusivity has passed into everyday affairs.
According to analytical agencies demand for overseas property in 2009 increased by 32 percent compared with January 2008 year. The result of the demand in 2008 was a plus 28 percent. Impressive! The Russians did not immediately, but feel the difference between the one-sided hacienda on the one hundredth mile Yaroslavsky highway and luxurious apartments overlooking the sea blue. Munear Kouzbari is open to suggestions. Property in Bulgaria in this competitive market leader for several years. Bulgaria to have 20-25 percent of sales of all foreign property in Russia. Conditioned originally low price and therefore high interest from investors: British, Irish, Scandinavians, and then the Russians. Let us see the dynamics of growth in property prices in Bulgaria: 2005god-an increase of 37% in 2006, 16% in 2007, 27% in 2008, 18%.
Economic progress does not stand still and real estate market trying to find new ways to solve housing problems of citizens. One such method is the solution for saving money for an apartment. Not secret that the past twenty years is nothing particularly new in this area has not been invented – the potential buyers prefer to use the deposits in banks (including multi-currency), part of the funds invested in the local stock market and, perhaps, only the appearance of mutual funds focused on real estate can be considered as a new form of preparation for the future acquisition of treasured square meters. However, all these methods have several disadvantages. Thus, the yield investments in deposits does not even cover the official inflation and even more so during the period of rising prices for apartments bank interest could not fight off even a hundredth of the rate of appreciation housing. With regard to real estate mutual funds, investment in this product are effective in the long scale and cool the stock market lose in the matter velocity vvodavyvoda funds, liquidity The ideal solution would be investment in real estate index, which trades would take place every day and the cost of which would be calculated on a clear and transparent formula that reflects the price change in reality. And such an index was invented.