Seven most magnificent palaces in the world
The prestigious magazine Architectural Digest has published a ranking of the world's most beautiful palaces. Let us take a look at the buildings that topped this list
The experts are sure, that the leading factor of successful property investments is a correctness of the selected location. For short-range investments the analytics advise to invest in markets, which are at the beginning of recovery phase. These are the cities, where real state prices had shown decline over the last years, and not long ago they began running high. In such markets the experts suggest to buy budget-priced realty, to renovate and to realize it in a year ot two. In 2017 Bucharest, Madrid, Barcelona, Lisbon, Dublin, Bratislava, Sofia, Warsaw are admitted as the most money-making cities within this framework.
The Romanian capital (Bucharest) is considered by the experts as the most perspective market in Europe in 2017. Over the 2008 to 2016 period, the property value in the city has dropped by 35.4%, sliding to 1144 euros per a square metre. During the last two years housing in Bucharest began rising in price again – over the 2016 to 2016 period, its price has climbed by 5% year-on-year.
Despite the benefit, which are proposed with investments in the Romanian property market, foreign investors take time to put up the capital. In 2017 the most popular locations among investors are Barcelona (in the picture) and Madrid.
In Madrid home prices dropped by 23.3% several years ago, but in 2015 they began climbing. In the Spanish capital the avarage price per square metre amounts to 3667 euros.
Moreover, according to the experts, home prices in these cities will be rising up, as the unemployment situation in Spain works out for the best, the mortgage rates remain at low level, the housing demand is moving up.
The most reasonable realty is waiting for investors in Sofia. In 2008 a square metre of living space in the Bulgarian capital costed 570 euros, in 2016 the figure declined to 450 euros. At the moment Sofia is in for a housing customer traffic. Home price increase will be supported by low construction volume.
In 2017 some people wait for housing price boost in the Polish Warsaw. For the period of 2008-2016 the property value has lowered by 13.9% here, at this date a square metre of living space in Poland's capital equals to 1992 euros. The analytics expect, that in 2017 home prices will go up in Warsaw, however in 2020 they may go down again.
The prospect of capital investments in the Polish real property is quite clear: the government's mortgage rates remain low, and the population and housing demand are moving up.
The prestigious magazine Architectural Digest has published a ranking of the world's most beautiful palaces. Let us take a look at the buildings that topped this list
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Despite the widespread belief that ultra-wealthy individuals are leaving big cities in search of privacy, most still prefer to live in bustling metropolises, according to the latest billionaire census conducted by Altrata. Let's explore which cities today have the largest concentration of people with a fortune exceeding $1 billion