Month: January 2020

It’s free real estate – properties for 1 Euro

The ‘it’s free real estate!’ meme, a line from a Tim & Eric Awesome Show, definitely comes to mind when looking at the latest property ads on the cheap real estate market. I could not believe it myself and was actually contacting the advertiser and told them to change the price to the actual value.

To my surprise all three properties the real estate agent offered for 1 Euro each turned out to really be for only one Euro. Of course, the one Euro is just a symbolic price.

But where is it and Why?

The location is beautiful Sicily. Apparently, that’s where several towns are testing the 1-euro scheme.

With this initiative, small towns with shrinking populations aim to repopulate the old town and recover abandoned real estate.

Those who purchase a building are free to use it as a home, hotel, B&B, restaurant, or shop — although tax incentives may be given to those who decide to stay and live there.

It perhaps sounds too good to be true, and there is, of course, always a catch. In reality, if a home for €1 sounds too good to be true, that’s because it is. €1 won’t get you a house that’s ready to move into. You have to be aware that you are buying a fixer-upper that comes with a few conditions.

The small town of Bivona is the latest destination for real estate tourists hoping to get one of the cheap houses. Make no mistake, Bivona is no ghost town. It is located at the foot of Monti Sicani, an area full of history and beauty. You can see more information about the project here: https://1eurohouses.com/case-a-1-euro-a-bivona/

If you are interested to get on with the sale right away, you will be happy to know that “My House” is the agency which has been appointed by the Town Hall of Bivona to handle the sale of these 1 euro properties. You can find their website on www.propertiesinsicily.com.

Did we made you curious to see some real offers of cheap real estate in Sicily, then visit our website https://www.propertyunder50k.com/

When will you get your free real estate?

Real Estate in Europe

The European real estate market in comparison

We just jumped into the year 2020 and curious to know how the real estate market in Europe was doing last year? Maybe we can find a tendency that is a must-know for our real estate strategy.

When making my research I came across a very interesting report that really opened my eyes to a few surprising facts regarding the real estate in Europe. I can recommend this to everybody to have a read.

Property Index – Overview of European Residential Markets

https://www2.deloitte.com/content/dam/Deloitte/de/Documents/real-estate/property-index-2019-2.pdf

Also, they will regularly post new reports – so you can keep up with new developments. “Data is the new gold”, so they say and I believe they are right. Acting according to the data provided can give you a big advantage.

Here are some results from this report I found very useful.

Since 2015, growing prices were seen in 15 (from a total of 16 EU countries). Italy being the only exception. There, property prices have been falling gently but little by little for years.

The typical annual growth in European property purchase prices has been 5 percent over the past three years.

In Eastern European countries (the likes of Hungary or the Czech Republic) and in Portugal, however, this increase was almost twice as high, which makes it increasingly problematic for people in these countries to acquire real estate in view of the lower income levels. In Eastern Europe the price growth may be seen as catch-up growth. Also, price developments are motivated in particular by the low interest rate environment. The “cheap” money fuels the property prices on one side, but also increases debt on the other.

The purchase price index between urban property prices and those in the countryside continue to separate and continue to show the ever more differing development of purchase prices between urban and rural regions. Just to look at one example, property prices in German cities such as Berlin, Frankfurt and Hamburg exceed the national average by half; Munich has the highest German value at 130 percent. Looking at Europe as a whole, Munich is not the only one: in a European comparison Paris and Lisbon (both about 220% above average) and London (198%) show an even more extreme development.

Are you looking for a great real estate bargain in Europe?

Or maybe you see this as a good time to cash on those favourable developments. Here are two places that can help you.

Find your real estate in Europe. See all properties on a world map.

List your real estate for sale in Europe. It’s for free – no strings attached.

What are the most searched real estate locations?

I recently tried to find the most searched real estate locations in the world. Seems easy enough, right? Well, actually it is not. We can find the answer to that question only to some degree. The reason being that we have limited sources…

First of all, we usually can only see what people search on the internet.

Nobody is able to analyse all the requests real estate agents get from their clients all over the world in person. And to be fair, in many countries the face to face business is still more common than online business especially when it comes to real estate.

Another factor is the many languages spoken in this world. If I search for “most searched real estate locations” I will only get results in English – only representing English speaking countries. According to Wikipedia, there exists approx. 6500 languages though…

Another thing is that even among English speaking countries there are differences, one country might call it “real estate” but another country rather uses the word “property” instead.

Also, we can look at statistics of Google or similar search engines but what about the thousands of real estate portals that exists all over the world? How can we know what users enter in their search form? You really need to make a lot of research to come even close to an answer for that question.

Anyway, what kind of locations are you looking for? A country, a city or even a town…?

Usually people ask about the most searched real estate locations because they like to know where is a really good place for investment. But then, this again comes down to the good old fashion supply and demand rule. If demand increases and supply remains unchanged, then it leads to a higher price.

Taking this in account, we need to see where demand is actually increased.

To determine whether demand is increased you have to compare the number of searches for real estate with the number of available real estate. And this can mean that you don’t need to go all around the world to find a good investment. It might even be a small town in your own country.

From my experience any place (city, town) that has good jobs available has a thriving real estate market.

For example, I live in a small town with a lot of industry and jobs around. Therefore, the demand for real estate – especially one-bedroom apartments – is very high. The last apartment that was put up for sale sold within 12 hours. Amazing! That’s the kind of location you like to invest in.

But to come back to above question, here are some locations I found today using results of search engine results in English:

London, Vancouver, Toronto, Utah, Newburgh Indiana, Wake County and Allegheny County Real Estate…

I have to say though, after all research I did on this topic those locations not necessarily are a good place for investment. You will always need to make more research to determine whether it is a good location for an investment or not.

If you are looking for real estate bargains, cheap properties, we can recommend

https://www.propertyunder20k.com/

or, if your budget is a bit bigger

https://www.propertyunder50k.com/



Selling your house – best first impression by using the right accessories

A good first impression of a property is always the most important thing. To achieve this when selling your house, the use of nice accessories, such as a fancy letter box, a cute house number sign or some flower pots beside the entrance door is essential.

Small things like this not only improve the overall feel of a house but are also an indicator of who lives here.

It should express your personal character and taste. There are numerous ways to display a house number, for example. There is the right design for every taste. I noticed that vintage signs have been very popular recently. Those good old fashion white numbers on a blue enamel sign.

Every house has a mailbox, of course.

It is not just for receiving letters and advertisements. It also expresses the individual character and taste of the person behind the mailbox. Often, the letter box is integrated into the front door in the form of a letter flap.

There is nothing more beautiful than nature’s beauty. A well-arranged flower pot at the entrance is an eye-catcher. Flowers in lovely fresh colors are always triggering good emotions – and that is very important when selling your house.

Besides using the right accessories for the best first impression, a well-kept garden and clean house complete the impression. You will be seeling your real estate in no time.

Since the potential buyer does not only want to see the outside area, it is clear that you also have to present the inside of your property in an appealing way. You don’t have to offer a sterile atmosphere.

Well-chosen decoration ensures that the prospective buyer feels welcome and comfortable.

One of the most important preparations for an on-site visit with potential buyers is to put the interior in a tidy condition and to repair any defects in the house:

    Are all rooms tidy and clean?

    Are repairs required?

    Would parquet or tiles need to be restored?

    Could the walls use some paint or a new wallpaper?

    What items can you remove now?

    How can you decorate and create a good atmosphere?

Are you selling your house? List it with us on https://www.listproperty4free.com/