Europe is a big continent and every country is different and unique. Different in every sense, the economy, language, the job market, tradition, culture, etc. That is why real estate trends in Europe are different for every country there. Before you move and start a new life in Europe, do your homework. We can help you.
Real estate trends in Europe – stats and facts
If you are moving from Japan to Europe or from the USA to Europe, it is a big step and a big change in life. Part of the process is researching real estate trends in Europe and to understand the market.
- In the past few years, the European real estate market has blossomed. Also, it was rated to be the most attractive place for investments in properties. Especially cities in Germany had a big growth in the real estate market. The UK is a relatively safe place to invest money in property but on the other hand, there is the risk of lower economic growth (because of Brexit).
- Also, more and more people now invest in other cities. Before the “hot” cities were London, Milan, and Paris, and now the housing market is hot in Dublin, Hamburg, and Lisbon. When exploring real estate trends in Europe, pay attention to smaller cities, because some of them are rapidly growing.
- The most expensive properties in Europe are mostly in Paris, London, and Luxembourg, so you should avoid these cities if you have a lower budget. If you are forced to move to some of these cities, we recommend you to look for properties outside of the city, because it is cheaper. The property market in Europe is changing almost every year, so keep up and hire a local real estate agent.
- One of the affordable cities when it comes to housing is Bucharest, Romania. But this city is growing very fast, including the real estate market.
Best places in Europe to buy a property
Where are the places in Europe to buy a cottage or a house, or a farm, or a condo? Get the best deal and if you didn’t yet decide where to move to Europe, you can consider these cities:
- Lisbon, Portugal
- Apulia, Italy
- Seville, Spain
- Budapest, Hungary
- Plovdiv, Bulgaria
- Rennes, France
- Rotterdam, Netherlands
- Zagreb, Croatia
- Beara Peninsula, Ireland
Real estate trends in Europe and its market mostly depends on the country and city where you want to rent or buy a property. The best way to have all the right info is to hire a real estate agent from the city in Europe where you want to invest in property because they know the market.