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Inflow of investments to foreign countries will increase in 2009

6 March 2009

According to MIEL Distant Property Management in 2009 inflow of investments to foreign countries will increase, in comparison with last year.
Experts consider that in short-term prospect the most stable real estate markets of France (Azure Coast and Paris), Italy and Cyprus will remain without changes. There practically there is no reduction of prices, and in some areas even small growth remains. In intermediate term and long-term prospect – Turkey, Egypt, Croatia, Czech Republic and Spain have more chances.
MIEL Distant Property Management focused special attention on the real estate markets of Czech Republic. According to MIEL-DPM analysts, the price for the real estate objects in the country have  changed a little in comparison with summer of 2008, and sharp falling of the prices was not observed, therefore investment in the Czech real estate objects is one of the most reliable and stable in Europe.
It is necessary to notice, that the prices for the real estate in the primary market of habitation of Prague is much more lower, than on already constructed objects.
The majority of apartments in new buildings of Prague is on sale with parking places and subsidiary premises and their price is already included in a total cost of apartment. Getting a new building in Prague at the first stages of building, the buyer has also a possibility to change furnish and a lay-out of got habitation without any state permissions.


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