All Posts in Category International Market

Chart/Map of the week – Spain: More than 40% of the population spends over 40% of their income on rent

The new PRS report by Rosa Uriol and the Research team in Madrid highlights the extent to which housing tenure in Spain is shifting away from home ownership and towards renting. The transformation of the jobs market, young people’s consumption habits and the difficulty of finding finance has put the PRS sector firmly on the…

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Knight Frank Asia Pacific research wrap up: June 2019

Indonesia relaxes luxury residential purchase policies 1. 20% luxury purchase levy applied to homes worth IDR30bn, was IDR20bn for houses and IDR10bn for condos previously. 2. Income tax on luxury sales for homes worth IDR30bn or more reduced to 1%, was 5% previously. Our thoughts: While the luxury sector accounts for 10% of the residential…

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The Alps: Trail runners are leading the way

It may seem like the wrong time of year to be talking Alpine retreats but an article in this weekend’s Financial Times highlights a new source of property demand in the Alps – trail runners. With ultra-marathons a regular summer event in resorts such as Chamonix (The Mont Blanc Marathon and the Ultra Trail du…

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