{"id":587,"date":"2020-02-11T15:24:55","date_gmt":"2020-02-11T12:24:55","guid":{"rendered":"http:\/\/nalog.fr\/sqrusisht-folese-bleresit-e-te-ardhurave-prodhimin-e-pronave-nje-studim-analitik-tranio-2016\/"},"modified":"2020-02-11T15:24:55","modified_gmt":"2020-02-11T12:24:55","slug":"sqrusisht-folese-bleresit-e-te-ardhurave-prodhimin-e-pronave-nje-studim-analitik-tranio-2016","status":"publish","type":"post","link":"https:\/\/nalog.fr\/sq\/sqrusisht-folese-bleresit-e-te-ardhurave-prodhimin-e-pronave-nje-studim-analitik-tranio-2016\/","title":{"rendered":"Rusisht-fol\u00ebse bler\u00ebsit e t\u00eb ardhurave prodhimin e pronave: nj\u00eb studim analitik Tranio (2016)"},"content":{"rendered":"

N\u00eb fillim t\u00eb 2016 kompania Tranio kryer nj\u00eb studim analitik p\u00ebr rusisht-fol\u00ebse investitor\u00ebt q\u00eb t\u00eb investojn\u00eb n\u00eb pron\u00eb me qira jasht\u00eb vendit. Kjo \u00ebsht\u00eb e pesta studim i madh i Tranio.<\/p>\n

Pas rouble zhvler\u00ebsim n\u00eb 2014-2015, emigrant\u00ebve nga Rusia dhe vendet e tjera t\u00eb ish-Bashkimit Sovjetik jan\u00eb b\u00ebr\u00eb af\u00ebrsisht sa gjysma e m\u00eb shum\u00eb p\u00ebr t\u00eb bler\u00eb pron\u00ebs jasht\u00eb shtetit. Megjithat\u00eb, rritja e p\u00ebrqindjes s\u00eb bler\u00ebsit q\u00eb kan\u00eb bler\u00eb pasurive t\u00eb patundshme jo p\u00ebr vet\u00eb t\u00eb q\u00ebndruar dhe p\u00ebr q\u00ebllime t\u00eb investimeve \u2014 n\u00eb radh\u00eb t\u00eb par\u00eb p\u00ebr qira.<\/p>\n

N\u00eb hulumtimin ton\u00eb, ne kemi mb\u00ebshtetur n\u00eb rezultatet e dy sondazhet online. N\u00eb anket\u00ebn e par\u00eb t\u00eb p\u00ebrfshir\u00eb 561 patundshm\u00ebrin\u00eb n\u00eb 37 vende, dhe e dyta \u2014 153 ruse bler\u00ebsi q\u00eb koh\u00ebt e fundit bleu apo nd\u00ebrmend p\u00ebr t\u00eb bler\u00eb t\u00eb ardhura t\u00eb pron\u00ebs jasht\u00eb shtetit.<\/p>\n

S\u00eb pari, ne kemi konsideruar vendet m\u00eb t\u00eb popullarizuara n\u00eb mesin ruse investitor\u00ebt. N\u00eb k\u00ebt\u00eb vler\u00ebsim, popullariteti i vendeve \u00ebsht\u00eb vler\u00ebsuar duke u bazuar n\u00eb numrin e k\u00ebrkesave p\u00ebr “Yandex”, duke iu referuar blerjes s\u00eb pasurive t\u00eb patundshme komerciale n\u00eb vitin 2015:<\/p>\n<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
\u00a0<\/th>\nVend<\/th>\nT\u00eb ndar\u00eb k\u00ebrkimit
\nk\u00ebrkesat %<\/th>\n<\/tr>\n
1<\/th>\nGjermani<\/th>\n22,1<\/td>\n<\/tr>\n
2<\/th>\nSpanj\u00eb<\/th>\n06,5<\/td>\n<\/tr>\n
3<\/th>\nSHBA<\/th>\n06,0<\/td>\n<\/tr>\n
4<\/th>\nRepublika \u00c7eke<\/th>\n04,9<\/td>\n<\/tr>\n
5<\/th>\nItali<\/th>\n04,8<\/td>\n<\/tr>\n
6<\/th>\nMbret\u00ebria e BASHKUAR<\/th>\n04,7<\/td>\n<\/tr>\n
7<\/th>\nFranc\u00eb<\/th>\n04,6<\/td>\n<\/tr>\n
8<\/th>\nTurqi<\/th>\n04,3<\/td>\n<\/tr>\n
9<\/th>\nLetonia<\/th>\n04,0<\/td>\n<\/tr>\n
10<\/th>\nMali i zi<\/th>\n03,5<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

N\u00eb pyetjen: “si Shum\u00eb klient\u00ebt nga Rusia dhe vendet e tjera t\u00eb ish Bashkimit Sovjetik, t\u00eb fitojn\u00eb t\u00eb ardhurat e pasuris\u00eb?” 54% e realtors tha, “Numri i k\u00ebtyre klient\u00ebve \u00ebsht\u00eb e dukshme, por t\u00eb vog\u00ebl n\u00eb krahasim me numrin e bler\u00ebsve nga vendet e tjera.” M\u00eb t\u00eb njohura p\u00ebrgjigja \u00ebsht\u00eb m\u00eb e shqyrtuar vendeve.<\/p>\n

<\/i><\/p>\n

74% e t\u00eb anketuarve kan\u00eb theksuar se numri i transaksioneve me ruse bler\u00ebsit r\u00ebn\u00eb pas zhvler\u00ebsimit t\u00eb rubla n\u00eb 2014-2015. Megjithat\u00eb, nj\u00eb num\u00ebr n\u00eb rritje t\u00eb investitor\u00ebve n\u00eb pron\u00eb me qira. N\u00eb anket\u00ebn e m\u00ebparshme t\u00eb kryera Tranio n\u00eb vitin 2013, 56% e realtors kan\u00eb v\u00ebrejtur q\u00eb ruse bler\u00ebsit e prona komerciale pak ose aspak, dhe n\u00eb nj\u00eb anket\u00eb e viti 2015, ky ishte mendimi i vet\u00ebm 27% e t\u00eb anketuarve. P\u00ebrqindja e atyre q\u00eb beson se shum\u00eb ruse investitor\u00ebve \u00ebsht\u00eb rritur nga 44% n\u00eb 73%.<\/p>\n

Pjesa e ruse investitor\u00ebve \u00ebsht\u00eb rritur, ve\u00e7an\u00ebrisht n\u00eb ato vende ku para bashkatdhetar\u00ebt tan\u00eb jan\u00eb m\u00eb s\u00eb shumti t\u00eb blejn\u00eb sht\u00ebpi pushimi p\u00ebr veten e tyre (p\u00ebr shembull: Spanj\u00eb, Itali, Franc\u00eb). N\u00eb ato vende q\u00eb kan\u00eb qen\u00eb tradicionalisht t\u00eb njohura n\u00eb mesin e investitor\u00ebve (p.sh. n\u00eb BRITANI t\u00eb madhe, Gjermani), pjesa e tyre ka mbetur n\u00eb nj\u00eb nivel t\u00eb lart\u00eb:<\/p>\n<\/p>\n\n\n\n\n\n\n\n\n\n\n\n
Vend<\/th>\nNumri i t\u00eb anketuarve
\nduke v\u00ebn\u00eb n\u00eb dukje nj\u00eb sasi t\u00eb konsiderueshme
\nRuse investitor\u00ebt, %<\/th>\n<\/tr>\n
<\/th>\n2013<\/th>\n2015<\/th>\n<\/tr>\n
Pjesa e ruse investitor\u00ebve \u00ebsht\u00eb rritur<\/th>\n<\/tr>\n
Spanj\u00eb<\/th>\n37<\/td>\n65<\/td>\n<\/tr>\n
Itali<\/th>\n32<\/td>\n75<\/td>\n<\/tr>\n
Franc\u00eb<\/th>\n00<\/td>\n50<\/td>\n<\/tr>\n
Pjesa e ruse investitor\u00ebt e mbetur n\u00eb nj\u00eb nivel t\u00eb lart\u00eb<\/th>\n<\/tr>\n
Mbret\u00ebria e BASHKUAR<\/th>\n67<\/td>\n80<\/td>\n<\/tr>\n
Gjermani<\/th>\n89<\/td>\n82<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

N\u00eb mesin e ruse-fol\u00ebse investitor\u00ebt \u00ebsht\u00eb e dominuar nga nd\u00ebrmarr\u00ebs t\u00eb suksessh\u00ebm me nj\u00eb aktiv t\u00eb biznesit n\u00eb Rusi ose n\u00eb vende t\u00eb tjera t\u00eb ish-BRSS. Ata kan\u00eb tendenc\u00eb p\u00ebr t\u00eb investuar n\u00eb pasuri t\u00eb patundshme, duke sjell\u00eb jo domosdoshm\u00ebrisht t\u00eb lart\u00eb, por t\u00eb q\u00ebndrueshme t\u00eb t\u00eb ardhurave n\u00eb nj\u00eb monedh\u00eb t\u00eb sigurt. Kryesore motivet e investitor\u00ebve jan\u00eb si m\u00eb posht\u00eb:<\/p>\n

    \n
  • P\u00ebr t\u00eb diversifikuar investimet dhe mbrojtjen e tyre nga politike vendore dhe rreziqet ekonomike.<\/li>\n
  • T\u00eb krijuar personal i Fondit t\u00eb pensioneve.<\/li>\n
  • P\u00ebr t\u00eb kaluar pasuria n\u00eb trash\u00ebgim f\u00ebmij\u00ebt dhe p\u00ebr t\u00eb siguruar financiare mir\u00ebqenien e tyre.<\/li>\n
  • P\u00ebr t\u00eb marr\u00eb nj\u00eb leje q\u00ebndrimi t\u00eb zhvilluar n\u00eb nj\u00eb vend t\u00eb huaj.<\/li>\n<\/ul>\n

    N\u00eb m\u00ebnyr\u00eb tipike, investitor\u00ebt jan\u00eb t\u00eb bler\u00eb banesore dhe komerciale p\u00ebr pronat me qira, dhe vet\u00ebm disa jan\u00eb t\u00eb interesuar n\u00eb projekte t\u00eb zhvillimit ose rizhvillimit. M\u00eb agjent\u00ebt e pasurive t\u00eb patundshme (65 %) konsiderojn\u00eb se nuk ka m\u00eb shum\u00eb se 10 % e ruse investitor\u00ebt p\u00ebr t\u00eb investuar n\u00eb projekte t\u00eb tilla. Sipas George Kachmazov, partneri i menaxhimit t\u00eb Tranio, “kryesor t\u00eb m\u00ebdha p\u00ebr investitor\u00ebt tan\u00eb sjell nj\u00eb aktiv t\u00eb biznesit. Dhe jasht\u00eb vendit, ata sillen si rentiers: preferoni t\u00eb thjesht\u00eb t\u00eb t\u00eb ardhurave nga qiraja. Ata nuk duan dhe nuk e di se si p\u00ebr t\u00eb b\u00ebr\u00eb projekte me vler\u00eb t\u00eb shtuar n\u00eb Evrop\u00eb, edhe pse me kalimin e koh\u00ebs t\u00eb kompetencave t\u00eb tyre rritet”.<\/p>\n

    P\u00ebrjashtim \u00ebsht\u00eb Tajland\u00eb, mal t\u00eb Zi dhe n\u00eb Republik\u00ebn \u00e7eke, ku 89, 75 dhe 63% e realtors konstatuan se mbi 10% e bashkatdhetar\u00ebt tan\u00eb jan\u00eb t\u00eb angazhuar n\u00eb zhvillimin e pasuris\u00eb s\u00eb paluajtshme ose t\u00eb rizhvillimit.<\/p>\n

    <\/i><\/p>\n

    “Rus\u00ebt shpesh t\u00eb bleni pron\u00eb me qira n\u00eb t\u00eb nj\u00ebjtin vend ku ajo p\u00ebrdoret p\u00ebr t\u00eb bler\u00eb strehim p\u00ebr veten e tyre,\u2014 tha Giorgi Kachmazov.\u2014 Kjo \u00ebsht\u00eb e kuptueshme: ata e din\u00eb se tiparet e vendndodhjes dhe t\u00eb orientuar drejt tregut lokal. Ata zakonisht kalojn\u00eb koh\u00eb n\u00eb sht\u00ebpin\u00eb tuaj t\u00eb huaj, dhe ata duan p\u00ebr t\u00eb kontrolluar t\u00eb ardhurat n\u00eb qoft\u00eb se ai \u00ebsht\u00eb af\u00ebr.”<\/p>\n

    M\u00eb t\u00eb njohura investimet e objekteve jan\u00eb apartamente banimi dhe sht\u00ebpi: 63 % e t\u00eb anketuarve kan\u00eb theksuar q\u00eb ky lloj i pron\u00ebs \u00ebsht\u00eb mes tre m\u00eb t\u00eb njohura. Dallohet Bullgaria, Hungaria dhe Portugalia, ku kjo p\u00ebrgjigje ishte zgjedhur 95, 89 dhe 86 %, respektivisht. P\u00ebrkundrazi, n\u00eb Gjermani, Itali dhe BRITANI t\u00eb madhe, kjo nuk \u00ebsht\u00eb m\u00eb popullore p\u00ebrgjigje (37, 36 dhe 27%, respektivisht).<\/p>\n

    I dyt\u00eb m\u00eb i popullarizuar opsion \u2014 hotele, e zgjodhi at\u00eb, 34% e realtors. Hotele ve\u00e7an\u00ebrisht popullor n\u00eb Austri (78 %). Shumica e t\u00eb anketuarve (62 % e atyre t\u00eb cil\u00ebt kan\u00eb treguar hotele), vuri n\u00eb dukje se investitor\u00ebt rus n\u00eb vend n\u00eb m\u00ebnyr\u00eb t\u00eb pavarur t\u00eb menaxhojn\u00eb hotele, sesa t’ia besoj\u00eb ato p\u00ebr menaxhimin e kompanis\u00eb. Megjithat\u00eb, n\u00eb vende t\u00eb ndryshme ekziston nj\u00eb ndryshim i r\u00ebnd\u00ebsish\u00ebm: p\u00ebr shembull, n\u00eb Bullgari dhe n\u00eb mbret\u00ebrin\u00eb e BASHKUAR t\u00eb gjith\u00eb 100 % e t\u00eb anketuarve u p\u00ebrgjigj\u00ebn se investitor\u00ebt p\u00ebrdorin sh\u00ebrbimet e menaxhimit t\u00eb kompanive, si n\u00eb Gjermani dhe Austri n\u00eb k\u00ebt\u00eb variant llogarit\u00eb p\u00ebr 71 % t\u00eb p\u00ebrgjigjeve. N\u00eb t\u00eb kund\u00ebrt\u00ebn, n\u00eb Itali dhe Turqi, t\u00eb gjith\u00eb t\u00eb anketuarve konsiderojn\u00eb se investitor\u00ebt jan\u00eb p\u00ebr menaxhimin e hoteleve.<\/p>\n

    Nj\u00eb tjet\u00ebr popullor lloji i pron\u00ebs \u2014 apartament sht\u00ebpi (t\u00eb p\u00ebrmendur nga 16% e t\u00eb anketuarve), sidomos n\u00eb Republik\u00ebn \u00e7eke, SHBA-t\u00eb dhe Gjermania (57, 43 dhe 42 %, respektivisht).<\/p>\n

    Mbi llojet e tjera t\u00eb investimeve pronat jan\u00eb nj\u00eb p\u00ebrqindje e vog\u00ebl e p\u00ebrgjigjeve, edhe pse popullaritetin e tyre \u00ebsht\u00eb e dukshme n\u00eb vende t\u00eb ve\u00e7anta:<\/p>\n<\/p>\n\n\n\n\n\n\n\n\n\n
    Lloji i pron\u00ebs<\/th>\nVend
    \n(n\u00eb kllapa numri i t\u00eb anketuarve, %)<\/th>\n<\/tr>\n
    Rrug\u00eb e dyqane<\/td>\nMbret\u00ebria E Bashkuar (60) Franca (36), Austri (33) Letonia (33)<\/td>\n<\/tr>\n
    Kafene dhe restorante<\/td>\nSpanja (29) Portugalia (29), mbret\u00ebria e BASHKUAR (27)<\/td>\n<\/tr>\n
    Supermarkete<\/td>\nGjermania (32) Spanja (16), mbret\u00ebria e BASHKUAR (7)<\/td>\n<\/tr>\n
    Hap\u00ebsir\u00eb p\u00ebr zyre<\/td>\nBRITANIA e madhe (33)<\/td>\n<\/tr>\n
    Strehim p\u00ebr student\u00ebt<\/td>\nAustri (22), Greqi (17)<\/td>\n<\/tr>\n
    Banimi p\u00ebr t\u00eb moshuarit<\/td>\nN\u00eb bullgari (16)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    Vlera mesatare e banimit me qira e pron\u00ebs \u00ebsht\u00eb e 200 mij\u00eb euro, pasurive t\u00eb patundshme komerciale prej 1.2 milion euro, edhe pse buxhetet ndryshojn\u00eb n\u00eb m\u00ebnyr\u00eb t\u00eb konsiderueshme n\u00eb var\u00ebsi t\u00eb vendit dhe lloji i pron\u00ebs. Nj\u00eb studim i bler\u00ebsit tregon q\u00eb ka t\u00eb b\u00ebj\u00eb me vler\u00eb mesatare prej 1.7 her\u00eb m\u00eb e shtrenjt\u00eb se buxheti q\u00eb bler\u00ebsit fokusuar fillimisht.<\/p>\n

    <\/i><\/p>\n

    N\u00eb mes t\u00eb klientit dhe mbylljen e marr\u00ebveshjes, n\u00eb mesatare ajo merr 4-5 muaj, edhe pse kushtet ndryshojn\u00eb n\u00eb m\u00ebnyr\u00eb t\u00eb konsiderueshme n\u00eb vende t\u00eb ndryshme:<\/p>\n<\/p>\n\n\n\n\n\n\n
    Mesatarja afatgjat\u00eb e transaksionit<\/th>\nVend<\/th>\n<\/tr>\n
    Deri n\u00eb 4 muaj<\/td>\nTajland\u00eb, Hungaria, Letonia, Turqia, Greqia, Mali I Zi, Bullgaria, Portugalia, Republika \u00c7eke<\/td>\n<\/tr>\n
    N\u00eb lidhje me 5 muaj<\/td>\nGjermani, Spanj\u00eb, Itali, SHBA<\/td>\n<\/tr>\n
    M\u00eb shum\u00eb se 6 muaj<\/td>\nFranc\u00eb, Austri, BRITANI e madhe<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    Investitor\u00ebt kan\u00eb pritje t\u00eb larta t\u00eb rentabilitetit. Nga nj\u00eb anket\u00eb e realtors, ai vijon se nga prona banesore, mesatarisht, presin nj\u00eb t\u00eb jepnin nga 5.7 % n\u00eb vit, nga komerciale e 6.9 %. Megjithat\u00eb, konsumatori anketa tregon se e v\u00ebrtet\u00eb t\u00eb jepnin n\u00eb pronat e banimit \u00ebsht\u00eb mesatarisht 4.3% dhe komerciale \u00ebsht\u00eb 5.6 %.<\/p>\n

    Megjithat\u00eb, pritjet e profitabilitetit nga bashkatdhetar\u00ebt tan\u00eb me kalimin e koh\u00ebs, duke e v\u00ebrtet\u00eb parametrat e tyre. 2013, sondazhi tregoi se homebuyers n\u00eb mesatare pritet t\u00eb jap\u00eb 6-7 % n\u00eb vit, dhe komerciale \u2014 8-9 %.<\/p>\n

    N\u00eb pyetjen “si Shum\u00eb bler\u00ebs t\u00eb marr\u00eb nj\u00eb kredi p\u00ebr t\u00eb bler\u00eb pron\u00eb komerciale?” gjithashtu tregon duksh\u00ebm rezultate t\u00eb ndryshme n\u00eb vende t\u00eb ndryshme. N\u00eb Franc\u00eb, BRITANI t\u00eb madhe, Austri, pjesa e k\u00ebtyre bler\u00ebsve \u00ebsht\u00eb ve\u00e7an\u00ebrisht i madh (43, 50 dhe 57 %, respektivisht). N\u00eb an\u00ebn tjet\u00ebr, n\u00eb shum\u00eb vende (p.sh. n\u00eb Tajland\u00eb, Greqi dhe Hungari) ruse bler\u00ebsi \u00ebsht\u00eb pothuajse e pamundur p\u00ebr t\u00eb marr\u00eb nj\u00eb peng, dhe kjo ka rezultuar n\u00eb nj\u00eb pjes\u00eb t\u00eb madhe t\u00eb p\u00ebrgjigjeve “p\u00ebr K\u00ebta klient\u00eb me pak ose aspak”.<\/p>\n

    <\/i><\/p>\n

    N\u00eb rastet kur ruse-fol\u00ebse investitor\u00ebve t\u00eb marr\u00eb kredi, levave raporti i projektit kostoja mesatare \u00ebsht\u00eb 40-50% dhe pothuajse nuk ndryshojn\u00eb n\u00eb vende t\u00eb ndryshme.<\/p>\n

    N\u00ebse n\u00eb vitin 2013, vet\u00ebm 10% e realtors v\u00ebn\u00eb n\u00eb dukje se shumica e bler\u00ebsve t\u00eb nd\u00ebrtesave komerciale, b\u00ebn nj\u00eb kredi n\u00eb vitin 2015 t\u00eb tilla p\u00ebrgjigjet llogari p\u00ebr 27 %. Sipas George Kachmazov, n\u00eb rritje t\u00eb interesit n\u00eb hipotek\u00eb \u00ebsht\u00eb p\u00ebr shkak t\u00eb faktit se “n\u00eb nj\u00ebr\u00ebn an\u00eb, pas kriz\u00ebs investitor\u00ebt kan\u00eb b\u00ebr\u00eb m\u00eb pak nga parat\u00eb e tyre. Por, nga ana tjet\u00ebr, investitor\u00ebt t\u00eb b\u00ebhen m\u00eb t\u00eb aft\u00eb dhe m\u00eb t\u00eb mir\u00eb e kupton se nj\u00eb mir\u00eb-projektuar kreditit ndihmon p\u00ebr t\u00eb optimizuar tatimeve dhe rrit rendimentin e investimit. P\u00ebrve\u00e7 k\u00ebsaj, tani huazuar lir\u00eb t\u00eb parave \u00ebsht\u00eb edhe nj\u00eb plus n\u00eb favor t\u00eb peng”.<\/p>\n

    Ne kemi gjetur se regjistrimin e kreditit mesatarisht rrit transaksion koh\u00ebzgjatja \u00ebsht\u00eb 33 dit\u00eb, edhe pse n\u00eb vende t\u00eb ndryshme, n\u00eb m\u00ebnyra t\u00eb ndryshme: p\u00ebr shembull, n\u00eb Spanj\u00eb, transaksioni p\u00ebrfshin nj\u00eb kredi mbylljes \u00ebsht\u00eb mesatarja 21 dit\u00eb m\u00eb pas, dhe n\u00eb Austri \u2014 48 dit\u00eb.<\/p>\n

    Fondet p\u00ebr blerjen e pasurive t\u00eb patundshme jan\u00eb m\u00eb shum\u00eb gjasa p\u00ebr t\u00eb ardhur nga Rusia, si\u00e7 vuri n\u00eb dukje nga 73% e realtors. Megjithat\u00eb, opsionet e tjera jan\u00eb t\u00eb theksuara n\u00eb vende t\u00eb ve\u00e7anta:<\/p>\n<\/p>\n\n\n\n\n\n\n\n
    Burimi i fondeve<\/th>\nNumri
    \nt\u00eb anketuarit, %<\/th>\n    		T\u00eb shquar t\u00eb vendit
    \n(n\u00eb kllapa numri i t\u00eb anketuarve, %)<\/th>\n<\/tr>\n
    Rusia<\/td>\n73<\/td>\nGreqi (100) Turqia (92), Mali I Zi (92) Bullgaria (91)<\/td>\n<\/tr>\n
    Offshoring<\/td>\n28<\/td>\nSHBA (67), MBRET\u00cbRIA E BASHKUAR (57)<\/td>\n<\/tr>\n
    Vendet evropiane<\/td>\n24<\/td>\nAustri (67)<\/td>\n<\/tr>\n
    Vendet e ish-BRSS, p\u00ebrve\u00e7 Rusis\u00eb<\/td>\n13<\/td>\nRepublika \u00c7eke (43) Turqia (31), Bullgaria (24)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    M\u00eb shum\u00eb se gjysma e bler\u00ebsit (52 %) treguan se ai nuk ishte duke shkuar n\u00eb t\u00eb ardhmen p\u00ebr t\u00eb shitur pron\u00ebn, si dhe planin p\u00ebr t\u00eb mbajtur at\u00eb dhe m\u00eb pas e trash\u00ebguar. Njer\u00ebzit t\u00eb cil\u00ebt d\u00ebshirojn\u00eb t\u00eb shesin pron\u00ebn, 55% t\u00eb presin p\u00ebr t\u00eb b\u00ebr\u00eb k\u00ebshtu me afro 10 vite pas blerjes, 35 % pas 5 vjet dhe vet\u00ebm 3% n\u00eb 3 vjet.<\/p>\n

    Nd\u00ebrkoh\u00eb, sipas 2013 studimi, 40% e investitor\u00ebve t\u00eb planifikuar p\u00ebr t\u00eb shitur e saj fitimprur\u00ebse banimit t\u00eb pasurive t\u00eb patundshme, ishte duke shkuar p\u00ebr t\u00eb b\u00ebr\u00eb at\u00eb p\u00ebr 2-3 vjet. K\u00ebshtu, n\u00ebse investitori t\u00eb k\u00ebrkuar p\u00ebr m\u00eb shum\u00eb spekulative t\u00eb fitimit, por tani ata jan\u00eb m\u00eb t\u00eb interesuar n\u00eb ruajtjen e kapitalit. Georgy Kachmazov thekson se “ky trend \u00ebsht\u00eb ngusht\u00eb i lidhur me faktin se investitor\u00ebt e reduktuar, k\u00ebrkesat p\u00ebr jepnin n\u00eb favor t\u00eb zvog\u00eblimit t\u00eb rrezikut dhe besueshm\u00ebrin\u00eb n\u00eb afat t\u00eb gjat\u00eb.”<\/p>\n

    Duke iu p\u00ebrgjigjur pyetjes: “cilat jan\u00eb v\u00ebshtir\u00ebsit\u00eb kryesore p\u00ebr t\u00eb punuar me ruse bler\u00ebsit nedvzhimosti?”, m\u00eb agjent\u00ebt e pasurive t\u00eb patundshme (52 %) vuri n\u00eb dukje shpresat e larta t\u00eb rentabilitetit, dhe n\u00eb vend t\u00eb dyt\u00eb \u2014 t\u00eb sluggishness (36 %). Shp\u00ebrndarja e p\u00ebrgjigjeve n\u00eb k\u00ebt\u00eb pyetje jan\u00eb paraqitur n\u00eb tabel\u00ebn m\u00eb posht\u00eb:<\/p>\n<\/p>\n\n\n\n\n\n\n\n\n\n
    V\u00ebshtir\u00ebsia e pun\u00ebs
    me bler\u00ebsit rus<\/th>\n    		Numri
    \nt\u00eb anketuarit, %<\/th>\n    		T\u00eb shquar t\u00eb vendit
    \n(n\u00eb kllapa numri i t\u00eb anketuarve, %)<\/th>\n<\/tr>\n
    Pritshm\u00ebrit\u00eb e larta t\u00eb yield<\/td>\n52<\/td>\nMbret\u00ebria E Bashkuar (73) Gjermania (68) Austria (67)<\/td>\n<\/tr>\n
    E ngadal\u00ebsia, vonesa e transaksionit<\/td>\n36<\/td>\nRepublika \u00e7eke (75), mbret\u00ebria e BASHKUAR (73)<\/td>\n<\/tr>\n
    Mosgatishm\u00ebria p\u00ebr t\u00eb ndjekur pro\u00e7edurat e themeluara p\u00ebr kryerjen e transaksionit<\/td>\n25<\/td>\nTajland\u00eb (56)<\/td>\n<\/tr>\n
    Problemet me prova t\u00eb fondeve<\/td>\n23<\/td>\nSpanja (43)<\/td>\n<\/tr>\n
    Jo kompetenca n\u00eb \u00e7\u00ebshtjet
    \npron\u00eb e investimeve<\/td>\n    		22<\/td>\nSHBA (57)<\/td>\n<\/tr>\n
    Gjuha penges\u00eb<\/td>\n06<\/td>\nGreqi (27) Turqia (17)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

    Bler\u00ebsit t\u00eb theksoj se problemi m\u00eb i madh \u00ebsht\u00eb p\u00ebr t\u00eb gjetur nj\u00eb t\u00eb p\u00ebrshtatshme objekti: ky opsion treguar 64% e sondazh pjes\u00ebmarr\u00ebsit. N\u00eb vendin e dyt\u00eb p\u00ebrgjigje: “p\u00ebr Struktur\u00ebn e transaksionit t\u00eb zgjedh tatimet” (18 %).<\/p>\n

    <\/i><\/p>\n

    Nga George Kachmazov parashikimeve, n\u00eb vitin 2016 numrin e ruse bler\u00ebsit e banimit t\u00eb pasurive t\u00eb patundshme do t\u00eb bjer\u00eb nga nj\u00eb tjet\u00ebr 20-30 %. Nd\u00ebrsa 30-40 % rritje n\u00eb numrin e bashkatdhetar\u00ebt tan\u00eb, t\u00eb cil\u00ebt d\u00ebshirojn\u00eb t\u00eb shesin sht\u00ebpit\u00eb e tyre jasht\u00eb vendit p\u00ebr shkak t\u00eb kostos s\u00eb lart\u00eb t\u00eb p\u00ebrmbajtjes. Megjithat\u00eb, 20-30% do t\u00eb rris\u00eb numrin e ruse bler\u00ebsit e t\u00eb ardhurave prodhimin e pronave.<\/p>\n","protected":false},"excerpt":{"rendered":"

    N\u00eb fillim t\u00eb 2016 kompania Tranio kryer nj\u00eb studim analitik p\u00ebr rusisht-fol\u00ebse investitor\u00ebt q\u00eb t\u00eb investojn\u00eb n\u00eb pron\u00eb me qira<\/p>\n","protected":false},"author":1,"featured_media":468,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[128],"tags":[],"class_list":["post-587","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-informacione-tatimore-ne-france"],"translation":{"provider":"WPGlobus","version":"3.0.0","language":"sq","enabled_languages":["ru","uk","en","de","fr","it","es","pl","pt","bg","cs","da","et","fi","hr","hu","lt","lv","mk","no","ro","sk","sl","sq","sr","tr","nl","am","ca","sv"],"languages":{"ru":{"title":false,"content":false,"excerpt":false},"uk":{"title":false,"content":false,"excerpt":false},"en":{"title":false,"content":false,"excerpt":false},"de":{"title":false,"content":false,"excerpt":false},"fr":{"title":false,"content":false,"excerpt":false},"it":{"title":false,"content":false,"excerpt":false},"es":{"title":false,"content":false,"excerpt":false},"pl":{"title":false,"content":false,"excerpt":false},"pt":{"title":false,"content":false,"excerpt":false},"bg":{"title":false,"content":false,"excerpt":false},"cs":{"title":false,"content":false,"excerpt":false},"da":{"title":false,"content":false,"excerpt":false},"et":{"title":false,"content":false,"excerpt":false},"fi":{"title":false,"content":false,"excerpt":false},"hr":{"title":false,"content":false,"excerpt":false},"hu":{"title":false,"content":false,"excerpt":false},"lt":{"title":false,"content":false,"excerpt":false},"lv":{"title":false,"content":false,"excerpt":false},"mk":{"title":false,"content":false,"excerpt":false},"no":{"title":false,"content":false,"excerpt":false},"ro":{"title":false,"content":false,"excerpt":false},"sk":{"title":false,"content":false,"excerpt":false},"sl":{"title":false,"content":false,"excerpt":false},"sq":{"title":true,"content":true,"excerpt":false},"sr":{"title":false,"content":false,"excerpt":false},"tr":{"title":false,"content":false,"excerpt":false},"nl":{"title":false,"content":false,"excerpt":false},"am":{"title":false,"content":false,"excerpt":false},"ca":{"title":false,"content":false,"excerpt":false},"sv":{"title":false,"content":false,"excerpt":false}}},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/nalog.fr\/sq\/wp-json\/wp\/v2\/posts\/587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nalog.fr\/sq\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nalog.fr\/sq\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nalog.fr\/sq\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nalog.fr\/sq\/wp-json\/wp\/v2\/comments?post=587"}],"version-history":[{"count":0,"href":"https:\/\/nalog.fr\/sq\/wp-json\/wp\/v2\/posts\/587\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nalog.fr\/sq\/wp-json\/wp\/v2\/media\/468"}],"wp:attachment":[{"href":"https:\/\/nalog.fr\/sq\/wp-json\/wp\/v2\/media?parent=587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nalog.fr\/sq\/wp-json\/wp\/v2\/categories?post=587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nalog.fr\/sq\/wp-json\/wp\/v2\/tags?post=587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}