Get Free Estimate
"*" indicates required fields
Moving out of the country is one of the most exciting things one can experience in their lifetime. It’s a whole new world you have yet to discover, sounds exciting, doesn’t it? However, it’s not as simple as packing your suitcase and buying a plane ticket to your desired destination in Europe. Overseas relocation is a little bit more complicated than you might have expected. But don’t worry, all you need to do is one thorough research. That will prepare you for everything you need to know about international moving. While thinking about this, the first question you will come across is about buying a new home. So let’s take a look at the best places for real estate investment in Europe.
The real estate market
The real estate market in Europe is nowadays considered to be a very strong one. However, this doesn’t tell us what are the best places for real estate investment in Europe. When you invest in buying your own property, you’ll want a place that fits your needs best. On the other hand, you will also want something affordable that covers your budget. Both commercial and residential properties might possibly be pretty costly in certain parts of the world. However, there will always be a chance for you to invest in property that is within your reach.
a resident
Paris
Paris will be the first on our list of best places for real estate investment in Europe. You simply can’t deny how magical Paris is. It has top-tier touristic destinations and amazing restaurants that are admired all around the world. An amazing balance between work and personal life, lots of great places for recreation and walks, and so much more. Therefore, it is no surprise that the cost of property is constantly rising in Paris. A lot of people who decide to make a real estate investment here are fast to figure out they can set high renting prices in areas like this one and make more profit.
Something that’s worth the praise is the fact that the France market is still standing tall even after the pandemic. Whether you are moving to Norway from USA or somewhere else, you’ll feel the problems it caused. It has caused so much damage to many countries. It is also known that interest in buying property here has been very low lately. So what’s in it for you? This means that buying your property as soon as possible is a good move to make. The reason for that is that you can take it to your advantage. There is one more thing that makes Paris one of the best places for real estate investment in Europe. People who are not originally from France can also get in-country financing.
Valletta
Malta is considered to be the most beautiful out of the three islands in the Mediterranean. It is also very accessible and easy to get to from the majority of countries and places in Europe. Valletta is the capital city of Malta. It is one of the places with the richest history and tradition you will ever see. The amazing atmosphere and friendly locals will make you feel at home. Making a real estate investment in Valletta is also beneficial in way that you will have a chance to be surrounded by multilingual residents who are mostly fluent in English. This will also be the case if you are moving to the UK from USA. You’ll also be able to receive one of the best healthcare services in the whole of Europe.
Along with Valletta, there are a few places in Malta that are considered to be quite affordable. These will most likely fit your budget – St. Paul’s Bay, Marsalforn, and Xlendi. But bear in mind that the amount of money you’ll have to spend in order to buy a home here varies from around 100,000 euros for apartments and around 200,000 for houses.
Limassol
Cyprus has a great location that makes it very easy to get to bigger cities like London, Dubai, and other places and countries in Europe. You will also have no problem with moving furniture overseas when relocating to Cyprus. Something that will make you want to make a real estate investment in Limassol is that the old soul of this city with a unique charm and rich history is combined with a modern lifestyle. Its marina area is well known for having a variety of amazing restaurants, boutiques, and much more.
But what makes Limassol such a great place to invest in is the fact that it has fairly stable housing growth. Not only that, but it is also very easy for expats to purchase a home here. On the other hand, this doesn’t mean there are absolutely no restrictions. Expats are allowed to own only one piece of property per person. You’ll also be obligated to apply for numerous permissions.
Davos
Switzerland is known around the world as an Alpine destination. It is also one of the best places for real estate investment in Europe. Davos is one of the most popular resorts that tourists are very fond of. It’s a great place for people who enjoy sports or outdoor activities. This is a place that has a lot to offer in the area, during both summer and winter. Residents of Davos are also getting more and more aware of the fact that protecting the environment they live in is important for the well-being of society. And because of that, the values of property in this place will most likely remain pretty strong.
Just like most countries in Europe, Switzerland also has some restrictions for expats wanting to make a real estate investment in this country. However, people who don’t have a resident status can purchase commercial property without any restrictions. This only applies in case the said property will only be used for the purpose of investment. In case Switzerland is not entirely to your liking, consider moving to Luxembourg from US.
Milan
Italy has a lot to offer in terms of culture and interesting history, great Mediterranean climate, and traditional Italian dishes that will make you want to stay there forever! Milan is surely at the top of the list of the best places to live in Italy. This is because of:
- its population consists of people from all around the world
- high living standards
- other advantages like well-established public transport
Even though prices are not that high right now, it is said that they will start growing again in the near future. Generally speaking, you won’t have problems buying property in Italy as an expat. However, you need to have proper documents supporting the money you want to invest. An international treaty must also give permission for your purchase. On the other hand, Europe residents face no restrictions regarding this matter. If you are not buying a home for yourself and only want to invest, you can apply for a government program that covers renovation costs to improve energy efficiency.
Lagos
Located in the Algarve region in the south of Portugal, Lagos is an outstanding place for real estate investment. A big number of tourists often travel there or even settle there because of breathtaking nature, and beautiful beaches. You can do so too with the help of reliable movers like Transparent International. Portugal is one of the countries that does not have any restrictions for people from other countries who want to purchase property here. This includes no specific documents or requirements. Something you should definitely apply for is The Golden Visa program. This can be beneficial to you. You can get up to 5 years of residency even before you become a resident of the country. But be careful, this only applies to cases where people buy a property worth at least 500,000 euros.
However, something you need to take into consideration and protect yourself from it are a lot of scams that are present in this country. This means you need to check if your real estate agent has a license number and registration in the Associacao de Mediadores Imobiliarios.
Valencia
Valencia is one of the biggest cities in Spain. It is well known for and has a lot to offer in terms of art, sport, and culture. This is another country in Europe where you will face no restrictions when buying property. Whether you are buying property for commercial or residential purposes, doesn’t matter. Similar to Lagos, you can apply for The Golden Visa program for purchases over 500,000 euros. Valencia also has one of the best property resale values, and those values are predicted to start rising because the area is becoming more and more popular with foreigners and people wanting to invest in this country’s property.
When you mention Spain, most people will tell you about Madrid, Barcelona or Malaga. People moving from USA to Spain usually choose to relocate there. That’s only logical as they are the most popular cities in Spain. However, if you are looking for a great location that is also very affordable and has a lot to offer, Valencia is the place for you. It’s a very interesting city that shows how beautiful the culture of Spain is, and it has an ideal location. This includes the fact that the Port of Valencia is very important for the economic development of the city.
Krakow
Poland’s property investments are one of the biggest secrets because the country is experiencing a booming pre-pandemic tourist industry. Krakow is the most popular touristic destination in Poland. People mostly want to visit Krakow because of its long and amazing history. No matter what your interests are, you’ll find something to entertain yourself with. If you are making a real estate investment for the first time, this is the place for you. The prices are pretty affordable in Krakow for first-time buyers. Another great thing is that you will have a pretty good connection to other counties in Europe.
Krakow is also famous for being a city of students. It has ten universities so it is constantly filled with young people. This is another reason why it would be a good idea to invest in property in Krakow. Not only families and adults are looking for a place to rent, but also students who come here to study. Basically, you can buy an affordable apartment and quickly profit from it. However, you do need to apply for a special permit from the Polish Ministry to buy property in Poland.
Berlin
Germany is a synonym for stability. This is the reason why Germany is still standing tall and proud even after the pandemic. It has destroyed the economy of many countries. It’s true that it didn’t stay unaffected. However, interest in investing in real estate didn’t decrease even in the most critical moments of 2020. This is all because of its amazing economy that is now in the process of recovery, slowly but surely. In fact, in 2020, house prices in Germany rose by 11.42%.
All these things are made easy by government policy: subsidies for purchasing property and improving housing conditions, interest rates on mortgages are everything but high, urbanization, business owners and residents are in a very good situation financially. Investing in real estate anywhere in this country will certainly pay off if you choose to do so. On average, apartments in Germany cost about 5000 euros per square meter.
If you are moving to Denmark from US, making a real estate investment in Berlin would make it easier for you to access the location of the property you invested in as you will be close enough to visit more often.
Bulgaria
Bulgaria is the last place on our list of best places for real estate investment in Europe. This country has been a part of the EU for quite some time now. Because of that, many people from around the world, as well as locals, are willing to invest. This especially applies to infrastructure and construction. But this is not beneficial only to those who choose to invest. It is also beneficial to a big part of the country. The prices of property in this country have been in constant increase since 2013. They started to rise significantly in 2020 due to the pandemic. People who want to invest in this country usually target the burgeoning tourism market. The biggest reason for that is the breathtaking beaches of the Black Sea Coast and the beautiful mountains of Bulgaria.