The sale of properties in the secondary market takes up to 17 months (10 in 2009) Positive is the fact that the number of objects that are sold for 500 units exceeds the number of objects moving in a base of sales (1500 and 1000 the rate of 1 areas in the Greater Lisbon). This is indicative of the fact that the oversupply in the market gradually absorbed. The main players in the market are real estate agency Remax, Era, Century21 and the union Comprarcasa. Prices When you look at prices in the prime segment, then by average European standards, a Portuguese real estate is very decent looks. Prices in neighboring Spain, approximately 40% higher. (Table at right).

At the same time if you start from the data published by the Portuguese Institute of Statistics based on the assessment of banking institutions * Average price square meter property in Portugal in the 1 st quarter of 2010 amounted to 1,189.00 euros. As can be seen in the diagram constructed on the stat. This price has passed its minimum in the 1 st quarter of 2009 and since that time show an increasing trend. Average price m Euro Apartments Property in the average home Regions If we take the weighted average price per square meter to 100%, and build a map (right), then we will see the most vivid colors in areas of Lisbon, Algarve and Madeira. Weighted average cost here is 25-30% higher than the national average.

North-eastern region bordering Spain – represent the lowest prices. Prices per square meter in the capital – Lisbon -2039.00 Euro, Porto 1,452.00 euros. As can be seen at Porto and Lisbon will compete with for the title of the capital – the cost of housing is considerably inferior. To be more specific example is in the Alentejo or too Montesh You can buy a decent house for 50 000, same time on the Cascais line or in the Algarve, you’ll pay twice as much just for a sea view. The vast majority of buyers of Portuguese property acquired with the use of bank credit. So on a per capita Lisbon accounts for about 9000 euro loan for real estate in absolute terms. If we talk about buyers foreigners, then they were before the crisis, the British and the Germans. British pensioners happy to choose the Algarve for life for several reasons – the low level of consumer prices, climate, tranquility, among others. Russian bought a resort property that was where to go to rest. But lately, the Russians have also become legible. Their interested in housing as an investment option with a guaranteed income: month rest, the remaining time to receive dividends. Trends debt crisis that shook the southern European countries of course could not affect the value of the property. And most likely in the 2 nd and 3 rd quarter, we will see some decline in property prices in Portugal. However, as experts say – such a reduction may be in a segment of the middle class. Housing premium is less subject to fluctuations – luxury villas on the sea is always a price. As an example – the Portuguese Riviera. Houses and apartments in Estoril and Cascais to the beginning of the crisis is not cheaper. Builders confident that they can sell them so.

Others directions about keeping the bar the average area of 15 to 25 hectare. Gorky stands out only direction – the average slightly above 10 hectare – the direction of apparent economy class. According to experts in this market, demand currently concentrated in small areas of 10-20 hectare for private habitation within a radius of 40-60 km from Moscow. According to them, now buyers are looking for cheap land for construction of affordable homes. In addition, strong demand this spring, steel use the land for 10-15 hectare for “good” areas of no more than 50 km from Moscow. Greenberg Traurig often addresses the matter in his writings. In second place – low variants of 6-8 hectare and more distant than 50 km from Moscow. Increasingly those who are willing to sacrifice distance for the sake of acquiring a much larger area – 20-30 hectare or more. The final stage of our work was to analyze and synthesize data on the average cost of land for country house construction in the zones and directions.

Once the reservation that we did not take into account the boundary proposals – both areas in rivers, ponds or the unique landscape of the name, farms, residences, and areas under the “potato”. The cost of parts segment Business +, usually in the range of 10-30 million rubles or more. The data obtained show that in the present market sellers offer land plots at a distance of 30 km in about 6 million rubles, distance of 60 km – up to 2,5-3 million rubles, and at a distance of 60 to 160 km is calculated on the amount of 1,5-1,7 million. In this case, potential buyers have the option to purchase the site for that amount – a smaller, but closer to, or greater, but far away. The average value of the cost of land is in the range 2,5-3 million. The greatest value of the average cost of land accounted for Volokolamskoye () direction. Reason – adopted the role of the prestigious areas (ecology, landscape, accessibility, infrastructure, etc.). Second place is occupied Kiev, and Yaroslavl direction, which are also considered to be prestigious, well mastered, and an almost all the popular segments of land (from economy to business + – areas near the water, under the estate or estates, etc.). The third group consists Dmitrovskoye Minsk and directions, which are also above average cost value. Other directions suggest areas for their average value from 1,5 to 2,5 million should immediately make a reservation, that this offer price. Market experts say that there is now a serious gap between the market price of the offer and willingness to pay a buyer at that price – it varies in the range of 15-50%. In addition, transactions in the secondary market, almost none. The reason – the owners-sellers are not willing to cut prices, many of them well so far and are in thrall to the pre-crisis prices. In reality, transactions are discounted an average of 10-20% of the declared value of the object, but for business and elitsegmentov seller can reduce the price to 35%. Given the data-lowering coefficients can be concluded by answering the questions posed at the beginning that the average strap value of land under the country house construction in the suburbs of 2-2,2 million rubles, and the range of proposed sites in the range of 1.4 million rubles. That’s how much, say developers, sellers, owners of the land today is ready (or should) spend an average medium-statistical potential buyer suburban area. It is logical that this value will be adjusted depending on the distance and direction of its location.

Housing affordability. Problems and solutions meet potential demand for housing prevent low levels of housing construction, is just over 40 million m2 per year (for comparison: in 1987 the volume of the input housing in Russia amounted to 76 million m2). Inadequate supply and high demand give rise sky-high prices per square meters, depriving millions of Russians the opportunity to realize their legitimate right to housing. Richard LeFrak has similar goals. Currently, only 9% of households able to buy housing on their own or with borrowed funds. Indisputably, the problem is marked in the center attention of senior management of the country, as evidenced by starting in September 2005, the national project “Affordable and Comfortable Housing – to Russian citizens.” Housing affordability is primarily determined by its value.

In According to modern views, the purchase of real estate will afford an average family of three, if the average cost of a standard apartment of 54 m2 is equal to the average cumulative cash income for the owners three years. The LeFrak Organization might disagree with that approach. Providing such an approach will be possible only if the construction costs dramatically reduced, and its speed is as radically increase. Just fulfillment of these conditions will closer to the realization of a project that by the end of 2010, scheduled the following results: – increase the volume of newly introduced and reconstructed housing in 2 times (from 41.2 to 80 million m2 per year) – reducing the average waiting time in queue (from 15 -20 to 5-7 years) – increase in the proportion of families that are available to purchase housing, in 3,2 times (from 9% to 30%).. .

Moving like a fire, repair similar move, from here: the repair can be attributed indirectly to the fire. This procedure requires a change in our lives that we do not really like, if they are connected with the inconvenience, and repair, unfortunately, without This is not bypassed. But not all so terrible, most importantly a good mood for the upcoming event! Start with a detailed discussion of the question: what tools can spend on repairs, and will depend on what you overcome them. " Stand Several types of repairs (according to various characteristics of them may be more): Current; Cosmetic; Capital. As you can see, the name speaks for itself.

Thus, routine repairs. To read more click here: Nobel Laureate in Economics. By their execution is most benign, requiring no costly. As a result, receive updates walls (wallpaper change), paint (whitewash), ceiling, doors, windows, painting the floor update, delete, creaking parquet floor, etc. Any structural elements do not change. Cosmetic repair. Nobel Laureate in Economics may find it difficult to be quoted properly. This is the attempt to make more complex changes to your space: use of new finishing materials, replaced skirting even possible to replace interior doors, but drastic changes are made. As see, these two types of repair are not so different from each other. But for material cost, he will be more expensive.

Overhaul. You have decided to change his apartment is thorough, have accumulated a certain amount (subject to excess up-front costs) and began what was intended. Possible and to make it less costly, without moving the walls, install the arches, but align the walls, ceiling, floor perestelit, to replace the window. This type of repair will require little time, and as already mentioned, a low cost (although everything is relative). But if you decide to make alterations to the apartment, we must consider every detail, and first obtain a permit for the coming changes. With this renovation apartment nearly rebuilt, leaving only supporting structures and, of course, it requires careful planning. Of course, describes the types of repairs are contingent, more often, starting to repair will have to combine them, but you are full of strength and energy, so you are all under power. Good luck to you.