Views and transactions have resumed in the real estate market in Europe, analysts at Knight Frank, an international consulting company, said. Experts assessed the pace of recovery in key global real estate markets and the resumption of flights between countries. In a number of European countries, including Germany, Italy and France, viewings are again allowed and transactions are resumed. In the Asia-Pacific region, China is the best seller.
According to Marina Shalaeva, director of foreign real estate at Knight Frank, there is daily growing activity on the part of customers. “Moreover, they are interested in completely different segments - real estate under a residence permit due to the fact that people want to provide themselves with mobility regardless of circumstances, residential resort real estate (mainly in locations where attractively priced objects are currently offered). For example, Italy is currently the leader in the number of discounts that come to us. There are also offers in France, Spain, Cyprus and Greece. High interest in real estate in Cyprus and Greece remains, because these countries are the safest from European destinations. Greece has already lifted strict quarantine: you can travel around the islands, Cyprus has fully revived. We also closed deals in London with a good discount of up to 15%. It can be argued that with this development of events, pent-up demand is already realized this season. ”
Economic activity is gradually returning to its normal level - in three quarters of the monitored cities an increase in population mobility has been recorded. Moreover, in Berlin, Milan and Sydney, the highest growth rates were observed for this parameter, according to the Citymapper Mobility Index.
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