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The first installment on the mortgage will be compensated from the federal budget

Russian President Vladimir Putin instructed the government to prepare proposals to subsidize the down payment on a mortgage to Russians or reimburse the interest rate.

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Foreigners are more likely to buy property in Turkey

According to the Turkish Statistical Institute, foreigners began to buy apartments in Turkey, in particular in Alanya. Home sales to foreigners in the first half of 2019 increased by 68.8 percent compared to the same period last year.

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Conscientious buyers of apartments with a "criminal record" will receive compensation

The State Duma adopted a law on monetary compensation for conscientious citizens who bought apartments with a "criminal record."

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Invest in Thailand to get a residence permit

This year, Thailand began accepting applications for residency or citizenship a few months earlier than usual. Applications are accepted from July 1 to the last working day in December 2019.

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Apartment prices in Dubai will continue to decline until the end of the year

The supply of apartments in Dubai will continue to exceed demand. Prices for apartments and rent are declining, creating favorable conditions for investors. This trend will not change until the end of 2019.

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17% of Russians expect apartment prices to fall

The share of Russians who expect lower prices for apartments has grown to 17 percent. This is three points higher than a few months ago.

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The Central Bank predicts the exhaustion of demand for housing in the future 7-9 years

The forced growth of mortgages may lead to a rapid exhaustion of the demand potential for the purchase of apartments in the primary market in the next seven to nine years. This is stated in the analytical note "Problems and risks of credit financing of housing construction", which was prepared by the Central Bank.

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Bank DOM.RF cut rates on all mortgage products

Since July 10, DOM.RF Bank has reduced rates on all mortgage products by more than one percentage point, the bank's press service reports.

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Novosibirsk City Hall issued a memo on new rules for equity holders and developers

The Department of Construction and Architecture of the Novosibirsk City Hall has developed a memo for developers and potential buyers of apartments in houses under construction.

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Buyers of apartments in St. Petersburg have prepared a cheat sheet on changes in the law on kindergarten

The Real Estate Commission of the Society of Consumers of St. Petersburg and the Leningrad Region has compiled a memo for those who are going to buy an apartment in St. Petersburg. The document lists the main changes in the share legislation that came into force on July 1.

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Canada is in the top three countries for work and life among expats

According to a study by HSBC Group analysts, Canada is one of the top three countries for expats to work and live. Leading the ranking Switzerland has risen by seven positions in a year. Singapore, which held the first place last year, moved down one line.

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New buildings in Novosibirsk have risen in price by 3 percent in six months

Novosibirsk is in 26th place in Russia in terms of rising prices for new buildings. Over the first six months of this year, new housing in Novosibirsk has risen in price by 3 percent - from 61,711 rubles to 63,651.

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Dubai attracts real estate investors

The Dubai Lands Department (DLD) has announced the launch of a new initiative aimed at attracting a large number of investors to real estate in the emirate.

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Thailand is in the top three countries for remote work

Thailand is one of the top three countries for remote work, according to Russians.

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New rules for shared construction come into force in Russia

On July 1, 2019, the law on project financing came into force in Russia, according to which the purchase of an apartment in a house under construction will follow the new rules. From now on, developers are prohibited from attracting money from equity holders for housing construction. When buying an apartment, citizens will make all payments through special escrow accounts in authorized banks. Construction companies will not be able to use this money until the end of the work, they will be credited by banks.

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The issuance of state housing certificates for 2019 has been completed in the Novosibirsk Region

In the Novosibirsk Region, activities for the issuance of state housing certificates for 2019 have been fully completed. The total amount of certificates issued for the region amounted to 135.55 million rubles.

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Tourist flow to Phuket increased in 2019

In the first four months of 2019, the number of tourists arriving in Phuket was over 6.14 million, up 1.4 percent from the same period last year.

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The Ministry of Finance does not see a reason for the rise in housing prices after the transition to escrow

According to Deputy Finance Minister Alexei Moiseev, the transition to project financing of construction will not cause real estate prices to rise.

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"Golden visa" in the UAE has already received 400 investors

400 foreign investors have already received a permanent residence permit in the United Arab Emirates. Mohammed Ahmed Al-Marri, Director General of the Directorate-General for Foreigners' Residence (GDFRA) in Dubai, stated this.

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Russians are in the top three most active buyers of apartments in Turkey

Russian investors are among the top three most active buyers of apartments in Turkey. Iraqis top the list, followed by Iranians. The top six also includes investors from Afghanistan, Saudi Arabia and Germany. This is evidenced by the data of the Turkish Statistical Institute.

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