Tag: Property

Ukraine State Statistics Committee

It still will push up supply and demand will continue to fall. Buyers of credit, which is about half of the market go (have gone the way of what signals a crisis in primary real estate sales and a sharp drop in the market in general). For more clarity and thought, follow up with Cerved and gain more knowledge.. Cash will be a time to attend, but investors will not buy, and in case of falling prices the demand may disappear altogether. Second, the price affects the overall economic crisis in Ukraine. Western capital outflow has caused the stock market drop. Current value index of 513.84 points. Back in January 2008, the PFTS exceeded the mark of 1,200 points. Country's leadership failed to take adequate measures to curb rising inflation in the economy overheating, the average annual inflation in This year at 27% compared to 12.8% in the past. Ukraine State Statistics Committee reported that the I half of the negative balance of foreign trade has reached $ 9.8452 billion, this result is not only more than twice in the same period last year ($ 4.1714 billion), but the result is almost equal for all of 2007 – $ 11.4 billion (a record number of negative balance of trade in goods). In particular, in January-June exports Ukrainian goods amounted to $ 32.5422 billion, and imports – $ 42.3874 billion current account deficit of balance of payments increased by 3.4 times compared to the same period of 2007 – to $ 6.7 billion or 7.7% of GDP, but it is covered by debt $ 6.7 billion in resources and direct investment $ 5.1mlrd.

Cyprus Real Estate

World crisis undoubtedly had on the construction of the island of Cyprus and the real estate noticeable effect. The most affected districts of the republic – Paphos and Larnaca, in those areas of the affected segment – is mostly a resort property. To a lesser extent feel the negative impact of the global financial crisis, Limassol – business center and port – Nicosia – the capital of Cyprus. The market of Paphos was heavily influenced by falling purchasing power Britons after the onset of the global financial crisis. Britons have long been purchasers a relatively inexpensive real estate in Cyprus, and it turned out that due to the fall of their opportunities this market felt crisis the most, relatively inexpensive holiday properties in Cyprus, a popular British towns lost in the price. For reduced proceeded regular market recovery.

Also stimulate market recovery is also a fact that credit institutions do not have to tighten the process of granting loans, which prefers a considerable number of buyers and the global financial crisis. The real estate market was due to the financial crisis, a buyer's market. In an effort to increase the interest of buyers, some developers are somewhat reduced the down payment, which before the arrival of the crisis was 30%, remaining the same part of the sum can be made with the assistance of a mortgage credit. The most important reasons that Russians buy property in Cyprus, is the desire to own a vacation home in the resort, the intention to invest savings or a house or apartment to buy, if you move to Cyprus to live. Read more from Bill O’Grady to gain a more clear picture of the situation. Answers investors show that our compatriots choose local real estate, primarily in order to have a second home for himself for the rest of the sea at the popular resort to second place among the reasons are buying investments, in addition, there is a desire to buy apartments or villas in the case of moving into the republic to live permanently. In the second half year of crisis increased sales growth. Sales showed an increase up to the beginning of this year.

Further, this was followed by contraction of the market in April 2010. Greek crisis in April was a factor in the reduction of transactions in the Cyprus market: buyers looked on immediate future of the world economy in the black. Restoration of the property market of Cyprus took place and with the advent of the year, although in April the development has been suspended financial crisis in Greece, which caused a rollback on the market, however, as early as next month the market of Cyprus demonstrates continued demand growth and housing sales. If we compare the past and in May of this year, sales were up twenty-five percent – a convincing and demonstrates movement towards growth in the market of Cyprus. Foreigners coming to Cyprus, show more attention to the market of Cyprus is increasing demand. This year, Russian buyers continue to show their activity in market and continue to be major foreign buyers in Cyprus. Among Russians, the major market participants – from Moscow. The second position was fixed for the northern capital city and the Leningrad Oblast. Needs of our customers immovable property on the island in general have not changed. Acquire property on the island of Aphrodite, senior managers or owners of the business.

Real Estate Agents

For a man from ancient times was the issue of housing. At first he was quite the cave, which is located next to a food source (river, forest), and that is very safe. Over time, there were other people needs, but the requirements have not changed. A man still needs a comfortable and cozy home, to be his real home. In the modern city is not so easy to buy an apartment, sell or exchange it. Delta airlines is a great source of information.

For this insufficient knowledge of the common man, because at every step await possible frauds and loopholes in the legislation. For sale of the property to collect a large number of documents spend a lot of time. And what if this time, no, you are engaged in business, or a new job and settle in a hurry? Real estate agency – that's what is needed in this case. They are experts in law, land and housing rights. In addition, their experience allows you to immediately filter out unwanted options. This is beneficial by realtors – their fee and reputation depend on how profitable they made a deal with real estate.

In addition, real estate is always a ready base of real estate, and you do not need to see a lot of ads in newspapers looking for the right. Real Estate Agencies – fairly common. Now there is a large number of real estate agencies and only a few of them have the necessary experience and knowledge. In order to evaluate real estate, look for reviews or transaction volumes, while the existence of the firm finally just appreciate the staff communicated with them personally. If it is of recent origin, perhaps it is a firm one day. The most appropriate time of showing the seriousness of real estate, is the age of 5-10 years (Longer battery life in Russia has not found navozmozhno). We hope that these tips will help you choose an agency and make a profitable real estate deal!

Himalayas Business

You managed to visit the beautiful state of India called Goa? So there is much that decided what kind to buy was not home? Would you like to come there with his family for the holidays, soak up the sunshine, swim in the warm sea, sunbathe and enjoy the Himalayas. In a word – own property in Goa has been the subject of your dreams. Congratulations on the correct choice. Now you are the owner of the land! Will not elaborate on how much cost you buying real estate. Let’s consider a few basic rules that are in the land laws in order to have some idea what to do. (As opposed to Bill O’Grady). So: by law, any Indian people living in other countries are not eligible to buy housing and arrange it on myself, if they have the visa traveler. To do this you need to get right to stay or have your own business.

This allowed foreigners, but in this case, you should bring 2 representatives, one of whom must be a Hindu. He will manage at least one percent of the share capital of the company. It is possible to issue the desired living space in the state of Goa. Registration come around 1500-1700 euro, it will take no more than 3 days. Total annual cost of legal and organizational support in the business of the company will be around 700 euros. Keep in mind that if you have your company here Outside, it must necessarily be profitable.

So we have to think hard about the direction of your company. Let it be a multi! Otherwise, it will be invalidated, therefore, welcome home will sell! Therefore, you should consider, not whether to buy at the same time and place of business, anything to sell? After all, for example, your business partner to do something! If you want to buy a villa or a house in Goa before will be drawn up the documents you need to go to this country twice. It is advisable to decide on buying property in advance because the paper made from 3 to 6 months. First you with lawyers will do everything the necessary papers to register the business and make a bank account, passing the treaty of purchase and sale of housing. Later, you’ll have to visit Goa for a visa “business”, a paper in his hands, proving that you – full owner overseas real estate in India – apartments or villas!

Mexican Industrial Property Institute

In Mexico the entity legal and administrative to register a trademark, patent or everything related to industrial property is the IMPI Mexico. In Mexico the antecedents of protection for inventions and trademarks is through the law that was created in the year 1976. With the publication of LPI is dio foot for the construction and opening of IMPI brand. Such agency or institution instituted by presidential decree in the year of 1933, its main purpose was the support to the SECOFI. The Mexican Industrial Property Institute is governed through laws, among which are the following: provide protection to the rights that have been provided by Industrial property and for all those creations that are of industrial application. Protection to register trademark Mexico is important particularly for those new products, many people can hijack your brand especially when you don’t have trademark in Mexico. The registration of a trademark in Mexico promotes transfer of technology no doubt companies they may make dissemination of technological information to the respective rights of industrial property in such a way that domestic enterprises can increase their competitiveness abroad.

The registration of patents and brands through IMPI provides proper advice for the record, granting to patent protection and brand registered. The main objective of brands IMPI is the diffusion of services as well as the benefits to register a trademark in IMPI Mexico. It is important to understand that it serves as the organ of consultation on material brands, they are obliged to carry out a preliminary investigation on brands that might resemble his application for registration of a trademark in Mexico. Without a doubt the greatest benefit offered by the Mexican Industrial Property Institute is the protection offered to small or large employers in relation to industrial property rights. If that was little through IMPI brand reduces costs when you get the scope of property-related information Industry. Through trademark registration patents by IMPI can make demands or claims to clarify situations where some third East profiting under its brand name.

Northwest Savings Bank

Compared with the II quarter of 2007, this year, mortgage lending for the II quarter increased by 1.5 times. According to the St. Petersburg Mortgage Agency: 5574 loan had been issued from April to June, amounting to 14.6 billion rubles. In comparison with I quarter of the number and volume of mortgages has not changed, although last year for the three months the market has doubled. Central Bank, without regard to the results of certain subsidiaries, issued in the I quarter of mortgage loans worth 12.3 billion rubles. In II quarter will be about the same as predicted Anna Ivanova, Head of Public Relations of the St. Petersburg branch of the credit broker “Fosborn Home.” According to her, because of rising property prices growth growth has slowed.

During the first half of 2008, housing prices in the primary market increased by an average of 28% in the secondary – 20%. Potential in the mortgage market is high, its development impeded by the high prices and limited purchasing power, says Sergey Milutin – Head of the St. Petersburg Mortgage Agency. With the help of a mortgage loan is made about 20% of transactions involving the acquisition of housing, he estimates. The average loan amount, according to agency, is 2.54 million rubles.

Leadership is retained by the Northwest Savings Bank, a 20% increase in the number of loans for three months, and their volume – by 40%. In second place – “VTB 24”, retaining virtually unchanged their indicators. “We do not experience any difficulties with funding, in the second quarter, we experienced reduced customer flow, but by opening two additional centers and mortgage lending continue to work with existing managed to hold them “- said Tatiana Khobotova, head of mortgage and consumer crediting of the branch” VTB 24 “. But the Bank “Saint Petersburg”, who held second place, reduced the issuance of mortgage loans nearly 450 million rubles. The Bank operates in accordance with the approved development strategy and plan has now been exceeded, the press service quoted Paul Filimonenkov, deputy chairman of board of bank “St.-Petersburg”. Halved volumes of mortgages for the investment bank “KIT Finance”, has maintained a 4th place in the ranking. In St. Petersburg, the dynamics of mortgage loans has slowed, it is connected with the general market conditions, including the rising cost of housing, but Data volumes are acceptable, according to a press service Anastasia Frolov, Managing Director, “KIT Finance”. According to her, the bank determined the optimal amount that is ready to give in on mortgage loans programs, it is responsible goals, both in terms of business development, and in terms of future securitization and subsequent sale of mortgages. Banks, who have to work on the scheme of refinancing forced to cut back, said Milutin. Many banks have difficulty borrowing in international markets, so that state-owned banks that have access to cheaper resources in the domestic market are more advantageous position, says Ivanov. Banks with state capital intensified for them not only to mortgage business perspective, but also a social project, I’m sure Filimonenok. For a private bank mortgage interest only in the long term further securitization, it is unlikely that it will be possible in the next few years, he notes.

Czech Republic

In the Czech Republic will probably soon begin to decline in real estate prices. In some cases, they may fall by 15 per cent – writes with reference to the Czech edition of Business Prague. "The fall in prices in some segments of the market is likely actually, it's already happening – commented CEO Next Finance Market Shihtarzhova. – Lower prices, especially for apartments in prefabricated homes, which rose in price before this is mainly due to speculation. In the worst cases, such housing can become cheaper by 15 percent.

" As for new homes or luxury apartments, their price, according to Shihtarzhovoy, will only increase. And this is thanks to that the country has recently increased the difference between rich and poor. Wealthy residents have have more money to buy expensive real estate. From the fact that people will in future be put on more expensive housing and agree analyst Ale Mihl Raiffeisenbank. For new projects to be built in areas of good value will also increase. "People are increasingly looking for quality and are less willing to invest in housing panel", – says Mihl.

Price, in his opinion, would be strongly depend on the growth of Czech economy. In the event that happens a significant decline in economic growth, prices will fall. If he hold out for the 5 percent level, the real estate market is expected to stagnate. The mortgage crisis in the Czech Republic in the next five years, analysts do not predict. Possible risks in the property market yet are counted. In their study, the Czech National Bank cites that in the event of crisis, Prices may drop to 30 percent. Despite the fact that such a scenario is considered unlikely, the CNB is considering this option and, in case the worst, be prepared for an adequate response. Economists are of the opinion that the Czech Republic completed the "golden age" of development companies who have to live with the decrease in demand for new housing. "The economy is not growing at a pace as before, does not increase the number of people who can afford new housing. Rising mortgage rates also played a significant role. Those who wanted to buy a new home, most of them have already done "- describes the situation Shihtarzhova. Developers themselves on substantial reduction in demand for new housing until they think. For example, in one of the largest in this market, the company Finep, marked only a small decline in sales. Nevertheless, analysts agree that if the decrease real estate prices in the near future and will then only for apartments in prefabricated houses.