Luxury Real Estate Blog and News
The Portuguese government has reduced the minimum required amount for its golden visa for those investing real estate from €500,000 to €350,000 for certain locations.
A surge in visitors from China is transforming the Turkish market, with one agent seeing a 250% rise in inquiries this year.
Fosun, one of China's leading privately-owned groups, has purchased the former Milan headquarters of Italian bank UniCredit.
Japanese tycoon Katsumi Tada's $15.8 million loss on a penthouse unit at St Regis Residences may be the largest but several other sellers have also taken hefty losses at the project this year.
Investment risk is greater than for residential properties as a whole, with new parking spaces slightly more volatile than second-hand