A report by MyHome.ie and Bank of Ireland reveals that first-time home buyers in Ireland are now taking on more debt relative to their incomes than in previous years. The average mortgage has surpassed €300,000, with house prices rising 8.4%…
According to the latest figures from the Central Statistics Office, property prices in Ireland rose by 9.7% in the year leading to October. Dublin experienced a notable increase of 10.4%, while home prices outside the capital rose by 9.2%. The…
Samih Sawiris, the Egyptian investor, has opened a new luxury shopping street called Furkagasse in Andermatt, Switzerland, showcasing high-end stores and dining options. His investments, exceeding 1.5 billion Swiss francs over 20 years, have transformed the village, attracting wealthy tourists….
The latest report from Notaires de France reveals a significant decline in housing prices across most major French cities in 2024, with an overall drop in transaction volume by 17%. Homebuyers now have increased purchasing power, allowing them to buy…
A recent study reveals that 85% of Swiss homeowners aged 50 to 65 struggle with sustaining their mortgages into retirement. While only 15% have sufficient retirement income to manage their debts, around 50% lack the assets needed to amortize their…
An analysis by the Economic and Social Research Institute (ESRI) reveals concerns about the overvaluation of residential property prices in Ireland, which have surged by 155% since 2013 and are currently 14% above the peak of the last boom in…
The Economic and Social Research Institute (ESRI) reports that Irish property prices are overvalued by 8% to 10%. Despite a significant rise in prices over the past year, the ESRI warns of potential vulnerabilities tied to mortgage debt and the…
An analysis by the ESRI indicates that residential property prices in Ireland may be overvalued, raising concerns reminiscent of the past financial crisis. While property prices have surged by 155% since 2013 and are now 14% higher than the 2007…
According to the Economic and Social Research Institute (ESRI), Irish property prices are overvalued by 8% to 10%, exacerbated by rising household mortgage debt. The ESRI warns of potential economic repercussions from possible tariffs if Donald Trump resumes presidential duties,…
Greece has confirmed an increase in the transaction limit via the IRIS system, allowing daily transfers of up to 1000 euros under certain conditions. The existing limit will remain 500 euros for personal transfers and apply similarly to professionals and…
Residential property prices in Ireland have surged by 10% over the past year, with Dublin experiencing a notable increase of 10.8%. The median cost of a home nationally stands at €346,000, with significant variances across regions. In the last decade,…
In the first nine months of 2024, Greece saw real estate tax revenues surpassing 500 million euros, contributing to a 3 billion euro increase in overall tax revenue. The Athens municipality led with over 4,500 property transfers valued at 383.6…
