Global Property Guide

D

Duplex

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155
I've come across a very useful website that provides comprehensive independent information on the global property market; including rental yields, costs per square meter, taxation, market news and trends etc. I'm sure many posters here would find the information valuable.
 
CGT tax in Spain is incorrect - it changed in 2007 to 18%
 
Considering the difficulty in Ireland in finding reliable data on house price increases/decreases I would be very sceptical about the basis of some of the details on the website.
 
I checked out capital growth in Poland and in one article it says 36% for 2006 and in another place it says 2.2%. It also said you could get an apartment in the city centre of Warsaw for just over $900 per sqm, I don't think so.

It's a pity because at first glance it seemed an excellent site.
 
Yes but in all fairness they do introduce it as a "work in progress" and ask for contribution, criticism and correction along the lines of AAM! Do you plan to contact yer'man with your information?
 
It's a decent site and one that would benefit from actual input from unattached sources, which is always hard. The section on Croatia is severely flawed and out of date, but scarily the same as a lot of "experts" are touting. So it's a good starting point to learn from.
 


The idea for the site is great but most of the info is about 3 years old. Barbados for example it quotes a property transfer tax of 10%. This was abolished in 2004. If they update the info the site would be good.
 
MOPRF said:
Hi Duplex,

While the Global Property Guide can be useful- the typical rental yields are sometimes inflated especially in a lot of the emerging markets. This website if you just want a quick overview.
Click to expand...


Rental yields from 3 years ago are really useful.
 
They are a bit out of date on CGT in Romania too. As of 1st January there is no more tax payable on the Capital Gain (this was 16%)

Now tax payable is 3% of the value of the transaction and has no retrospective connection to what was paid for the property. In otherwords, thank god, CGT has been abolished in Romania.

There is not, nor ever was, any inheritance tax payable in Romania.
 
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