| Dubaiglobal demand and simpler taxation | 1,976 AED/sq ft The January 2026 residential-sales average was 18% higher year on year. Off-plan and completed properties trade at different prices. | 19.59m overnight visitors Dubai recorded 5% more international overnight visitors in 2025 than in 2024. | 4% sale-registration fee DLD lists a registration fee of 4% of the purchase price; the contract can allocate it between the parties. Service and administration fees are additional. | freehold only in designated areas A foreign buyer should verify project and developer registration, the escrow account, land ownership and registration of the transaction with DLD. | global demand and liquidity in prime areas New supply, off-plan execution risk, service charges and wide price differences between locations. |
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| CyprusEU, euro and English-speaking environment | apartments +4.09% year on year The RICS/KPMG Q1 2026 index reports apartment-price growth; the holiday-apartment yield was 5.67%. | 4.534m tourist arrivals Tourist arrivals in 2025 increased by 12.2% compared with 2024. | 19% VAT; 20% capital-gains tax Where VAT does not apply, a banded transfer fee is generally reduced by 50%; no transfer fee is charged when VAT applies to the transaction. | non-EU buyers require permission Check the title deed, project permits and deposit of the sale agreement. Northern Cyprus has a different ownership-risk profile and is outside this profile. | euro, EU framework and a long tourism season A smaller market, title-deed or developer risk, water stress and weaker liquidity outside the main cities. |
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| Spainlarge tourism market and strong liquidity | €2,230/m² The national free-market housing appraisal estimate for Q4 2025 was 13.1% higher year on year. | 96.8m international tourists Spain reached a new record in 2025, with 3.2% more international tourists than in 2024. | 19% or 24% non-resident income tax The general rate is 19% for residents of the EU, Iceland and Norway and 24% for others; acquisition taxes vary by transaction type and region. | notarial deed and land-register checks Verify ownership, charges, the developer's legal status and title to the land. Tourist-rental licences are governed regionally and locally. | infrastructure, euro and liquid coastal markets Short-term-rental regulation, high entry costs and wide differences between micro-locations. |
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| Croatiathe nearest seaside market by car | €2,809/m² The full-year 2025 average for new dwellings was 12.2% higher than in 2024. | 21.8m arrivals Croatia recorded 110.1m overnight stays in 2025; demand on the coast remains strongly seasonal. | 3% transfer tax on non-VAT sales Tax is assessed on market value where VAT does not apply to the acquisition. Local property tax depends on the municipality. | EU buyers acquire under domestic conditions Check the land-register extract, building and use permits, protected zones and the legal status of the land. | proximity to Slovakia, euro and a familiar Adriatic market Strong summer seasonality, pressure on short-term rentals and high prices in prime micro-locations. |
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| Albanialower entry point and growth market | €1,863/m² in Tirana Monitor/Keydata reports 7% year-on-year growth for Q2 2025. Coastal resorts have different pricing and weaker data transparency. | 12.47m foreign-citizen arrivals Arrivals of foreign citizens in 2025 increased by 6.6% compared with 2024. | rental income typically taxed at 15% The Albanian tax authority states a 15% withholding tax on rental payments. Transfer taxes and local obligations require separate review. | apartments and houses are available to foreign buyers For every project, verify title, cadastre, construction permits and the local partner; agricultural land has separate restrictions. | lower entry point and fast visitor growth Lower price transparency, cadastral risk, uneven infrastructure and currency exposure to ALL. |
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| Georgialower taxes and fast registration | $1,343/m² in Tbilisi The Q1 2026 asking price was 6% higher year on year. Batumi has different seasonality and project mix. | 7.8m non-resident arrivals Georgia recorded approximately 5.5m tourist visits in 2025. | residential rent typically taxed at 5% The Georgian Tax Code states a 5% rate for an individual's income from providing a residential apartment or house. | fast registration of ownership rights Apartments and non-agricultural property are registered through NAPR; agricultural land has separate restrictions. | lower taxes and a more accessible entry point GEL currency exposure, geopolitical risk and possible excess supply in seasonal Batumi. |
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