Saturday, October 22, 2011

Baker Street begins to play Chelsea

As of 2006, the number of Russians who prefer to relax in Europe, increased by 17.5 percent. Knight Frank experts note that along with the usual resorts in France, Italy and Spain, our citizens are paying more attention to the countries of Eastern Europe. Standard classification "for classes" in a segment of real estate abroad is not: is usually divided into "urban", "suburban" and "recreation on the beach or the mountains." The most typical of the real estate market is the classification of foreign objects on the objectives of the acquisition - for own residence or investment purchase. For their own accommodation usually sold recreational properties, usually on the beach or the mountains, in the classic areas of the Mediterranean Region - France, Spain, Cyprus, etc. While in these countries under favorable conditions do not exclude the possibility of obtaining rental income. The absolute leader in the number of owner-occupier is Italy: it holds a special place among all the Mediterranean countries. England England is breaking all records of popularity at the request of a segment of "premium". To 10 requests in the real estate received by the Moscow office of Knight Frank, five occur in the UK. According to Knight Frank, a rush from the outside, of course, not only Russian, but also of the British, led to an unprecedented increase in prices on the London property: an annual increase of 34.5%, which is the maximum value over the past 28 years. Only in June 2007, prices for homes in London rose by 3.1%. The major share of growth accounted for homes worth more than 4 million pounds in the elite neighborhoods of central London. The attractiveness of the country, above all, is in its so-called diversity, ie diversity, diversity. In England, people of all nationalities, religions, social class, wealth, culture and education can feel comfortable. If he is at the same time speak English, it is almost like home. Russian buyers of real estate, as a rule, try to buy an apartment in the heart of London. In view of low-rise residential central London is a very large area, but given the huge international demand, it, like any other capital, not so many "tidbits" for wealthy buyers. As a result, very often in the same apartment starts The financial bid. First home buyers in London, chose to settle in the area of ​​Baker Street. The second wave of buyers only lived in Kensington. Now a special demand flat in Mayfair, Belgravia, near Sloane Square in Chelsea and at home. Classical and popular areas have always been a street adjacent to the main city parks - Hyde Park, Regent's Park, Holland Park and Hampstead. Very popular with wealthy Russians as the acquisition of holiday homes in the private cottage village. France and Italy the second most popular destination for buyers of real estate is the Côte d'Azur in France. From the attractive factors of the objective can be noted a great climate, convenient transportation access (airport of Nice and well-developed network of road and rail) as well as the infamous French "joie de vivre" that feels every traveler entering the country. The most popular destinations are Cannes and small towns that are located above the town, the Cape of Antibes and follow it all the towns up to the border with Italy. Apart is the Cap Ferrat and Monte Carlo, where is concentrated the whole luxury - real estate prices here soar to the heavens. But despite this, the demand for these two enclaves remains high. Especially in demand among Russians enjoy towns of Forte dei Marmi and Marina de Pietrasanta on the so-called Versilskom coast, which is located between the coast of Liguria and Tuscany. They are characterized by a smooth and quiet relief and sandy beaches are perfect for family holidays, as well as glamorous and exciting pastime of shopping. In recent years there has been a tendency in the choice of real estate inland from the sea, in the region of Chianti. Bulgaria real estate market in Eastern Europe today is experiencing rapid growth and market in Bulgaria is the most attractive in Europe for the Russians. Its development comes amid high volume of deals priced real estate and increase the supply of real estate elite class. Buyers from Russia accounted for 80 percent of the total number of property buyers in Bulgaria. In the first half of 2007, foreign direct investment in property in Bulgaria has reached a point 729.3 million euros, representing 34% of total investment in the economy of this country. The number of foreign tourists increased by approximately 25% each year, which forms the increasing demand for quality residential and hotel real estate. Rising real estate prices in Bulgaria in 2006 amounted to more than 20%, while the average price level is still below the average sensational. Analytical department of Knight Frank predicts a rise in property prices in Bulgaria at least 15-20% per year. The reasons for the increased interest in real estate in this country is quite understandable: the prices here have not yet reached the average European level. Meanwhile, the climate in the country is ideal for leisure and for permanent residence. For people who like to buy foreign real estate on a budget, Bulgaria is the best option. At the moment the most popular offer residential real estate on the coast. This is due to including the emergence of interesting objects. The most striking example of the latter time can be considered as a joint project design group Yoo, architectural firm Diamond + Schmitt (exclusive design by Philippe Starck) and English real estate developer Unique Developments. The concept of this facility on the Black Sea coast involves the creation of an elite residential complex with infrastructure on the first line. And 40% of the first phase of apartments have been sold here as the prices for apartments far below the average prices for European habitation of this class (in similar complexes, they start at 70 thousand Euro). Russians have already figured out that real estate in Bulgaria at the moment is a great investment project. The popularity of Cyprus Cyprus property buyers due to many factors, including good land legislation, the relatively low cost of living on an island with its high standards, an attractive climate and sense of security. Recently, more and more foreign investors are turning their attention to Cyprus, where he soon expected to increase property value because of the country's accession to the European Union and the Schengen area. Number of private land, registered in Cyprus in 2006 increased by 40% compared with 2005 and by 240% - compared with 2004. Cyprus is probably the only exception to all the other islands, where about 50% of foreign owners - the Russians. The growth in demand due to low property taxes and low market risk. It's worth noting that the range of prices on the island is very large: apartments, depending on the level of prestige at home and the area can cost 50-800 thousand euros. Bank loan to buy a house is 3-4% per annum, the initial payment - 30% of property value. For many Russians, this factor and the fact that buying a home easy to obtain long term visa to stay, are attractive factors. However, much of the Russians prefer not to buy and lease properties for the holiday season. On average, rental villas near the sea can be from 180 to 300 euros per night and up to 900 euros per night - for the more luxurious options. In addition to traditional factors that influence the price - the location, the prestige of the resort, the quality of the house and trim can be noted and transport accessibility. For this reason, accommodation on the islands is often less expensive real estate on the mainland. The main demand of the Russians when buying holiday property is its proximity to the sea and the islands with their beach houses much more than on the mainland. As a result, less money, you can get a better location. The growth of prices in Europe, the growth in house prices has been slower than in Russia, but the prices are more stable. As an advantage, you can also consider the predictability of the banking system. According to Knight Frank, the biggest increase in home prices showed Latvia (45.3%), Bulgaria (20.5%), Denmark (15.4%) - this average figure based on data for six months of 2006. The slowest price growth showed Serbia (5.1%), Japan (2.7%), Hong Kong (2.4%). The biggest change was a rise in prices in Hong Kong with growth of 22.5% in mid-2005 to 2.4% in mid-2006. Real Estate is easier to buy in countries where there is an absolute right to property - there is a cadastral / registry system for the registration of property rights. Expenditures for the purchase of real estate generally range from 6 to 11%, including notary fees and state fees. Involvement of a mortgage loan usually costs 1% more expensive. In the West there are different mortgage rates depending on the purpose of purchasing (buying to rent out - permitted to purchase 10 properties under this scheme, buying to rent residence for students, the purchase of the first in a life estate, etc. d .) from the previous credit history (neotyagoschennaya, sredneotyagoschennaya, etc.) of payments (the payment of the loan amount and interest on the loan or paying only interest on the loan - this is an interesting scheme more favorable than the fee for renting the same apartment .) In London, about 90% of acquisitions of real estate are using a mortgage. The interest rate on your mortgage is usually 5-6% per annum, which is significantly lower than in Russia. The disadvantage in this case can only be a complicated procedure of credit. To collect and provide all required documents by European banks need help of a professional agent. Take the opportunity of home loan can not only British citizens, but citizens of any other country. The only difference is that the size of the initial contribution to the British and the inhabitants of the EU countries is 10-20%, while for others, as a rule, 30% of the cost of housing. In most countries, when buying a property buyer must provide proof of identity, residential address and a letter from the bank confirming the presence and source of funds. In some countries (Italy, Turkey) additionally require an individual taxpayer identification number. To travel on the weekend is better to buy real estate in a convenient and short transport. Investment real estate is attractive to almost all the resorts in Eastern Europe. An intermediate position is occupied residential properties, usually flats and apartments in major world capitals - they are also bought for his own residence, but when you select an object always takes into account the potential appreciation of an apartment in the future, and the rental rate. Today, residential real estate abroad - is a liquid product. Demand for high quality apartments are not reduced and the probability if you wish to return the investment is very high. And the unique luxury items, even at inflated prices, often easier to implement than conventional flat. Dmitry Tolasov, CEO Europe Real Estate: «We are working with large Cypriot developers, such as the construction company" Alfa Panareti. " In the market of real estate under construction, this company works with the 70's, objects, deals with a turnkey interior design and after sales service, has a unit engaged solely leases the owners of apartments. Housing estates company built on the coast, along the mountain slopes, so that each apartment had a panoramic view of the sea, with outdoor terraces, internal gardens and swimming pools. Comfortable infrastructure is not confined to the villas, but also to apartment complexes with one-bedroom apartment. The task, we see support of the client at all stages of the acquisition of foreign real estate. Has worked well this form of work, as study tours, good flights between Paphos and St. Petersburg, regular, and at our partner Cyprus has its own hotel. Favorite object on the coast can be bought at once, and with mortgage loans. I'll have to contribute 20% of its value, and the remaining 80% we can help arrange a mortgage for up to 30 years at 3% per annum. If you become an investor of the project under construction of residential complex, the amount of down payment is 15% of the cost of housing, and 5% must be paid when the "Alpha Panareti" pass the complex. To Russian investors is a fundamental fact that the building in Cyprus under the supervision of the "double eye": the observance of guarantees and the period of construction ensures not only the state but also a Greek bank, the money which elevate your future apartment. With a guaranteed price increases on the local housing funds invested you still are protected by both the state and banking legislation. Today many people have appreciated it investment prospects in Cyprus real estate, especially that since 2008, this republic is in the euro zone. " Ivan Dermendzhiev, director of "Soyuz-Comfort. LTD », Sofia:" Today, buying property in Bulgaria as an investment in your future consider not only Russian citizens. In the foothills grow whole "English" and "Irish" of the village. English as often buy houses and villas for Elenskih Balkans, our real estate ads to give just two rates: for the quarter. m square. ft. This category attracts buyers incredibly low price on nature, mountain and sea air. House in the village, covered with tiles, you can buy for 15-20 thousand euros. Great demand for 1-2-3-room apartment in the complex under construction. You can buy them on the spot, the Bulgarian real estate agencies or from the developer without the services of a mediator. When buying a home under construction is important to formalize relations with the company legally, assuring the contract at the notary. Price square. meter, of course, varies, but, for example, an apartment on the coast you can buy up to a thousand euros per square meter. M. This is a very good value, considering that along with the property you can get a permanent visa to enter Bulgaria. Russian is poorly informed about the prices and features of the south. In Burgas, for example, summer lasts for 2-3 weeks longer than they know Varna or Albena, Bulgaria, situated in the north. "

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