Germany Real Estate News
Germany
Portugal Vacation Home Searches Rise as COVID Travel Rules Soon Ease in the U.K.
International property consultant Knight Frank is reporting that Portugal, along with Spanish and Greek islands, have been declared safe for UK residents to travel to by the Foreign and Commonwealth Office (FCO). This comes after the European Union announced that it will open its door to vaccinated travellers from the start of June 2021.
Despite Coronavirus, Worldwide Home Prices Uptick 5.6 Percent in 2020
International property consultant Knight Frank is reporting that urban house prices globally increased by 5.6% on average in 2020, up from 3.2% in 2019.
Turkey Enjoys World's Highest Annual Residential Price Growth
International property consultant Knight Frank is reporting this week that global residential prices are rising at their fastest rate in nearly three years. Prices increased by 5.6% on average in 2020, up from 5.3% in 2019.
Global Commercial Property Investment Fell 26 Percent in 2020
Global property consultant CBRE is reporting that worldwide commercial real estate investment increased by 84% quarter-over-quarter in Q4 to $290 billion but was down by 20% from Q4 2019.
