Top European Locations for Real Estate Investment: Best Picks
Nikita Navalikhin
7 July 2024
Whether you're looking to make money from rent yields or access long-term capital growth, investing in real estate can be a great way to make money. However, with so many options out there, it can be tough to know where to start—and ultimately decide the best place to invest. To help you out, we’ve created Propertium—a pretty special tool. Find out how you can use it to make smart real estate investments.
What is Propertium?
Propertium is an innovative platform that revolutionizes the way you search for real estate and auction listings across Europe. Whether you’re a seasoned professional or just starting to grow your real estate portfolio, the platform will help you find the right place to invest.
Propertium consolidates public real estate listings in one place and uses AI and mathematical models to create ROI, sales, and rent heat maps and more. This gives you great insight to make informed investment decisions.
For instance, when analyzing the real estate market in Bulgaria, we discovered that the property stock is very old and the ratio of purchase price to rental price is unusual (e.g., an apartment costing €200k with an average rental price of €500 per month). This made it clear that investing there may not be worthwhile and renting could be a more practical option.
Conversely, analyzing the real estate market in Portugal revealed that although property prices are twice as high, rental yields are three times greater, indicating a better investment opportunity.
By studying real estate websites in Portugal, Spain, Bulgaria, and Italy, it became evident that for those looking to buy a seaside apartment with a high ROI, it’s crucial to consider not just the locations in the capitals but also the price-to-rent ratios.
Our Top Locations for Real Estate Investment
Europe has some of the most iconic geography and cultures in the world. From Portugal’s Algarve with its golden sands to southern Spain with its rolling hills and Greece with its serene beauty, there are plenty of great places to choose from. And the best thing is that you can also make money from it. Here are our top picks for real estate investment:
Portugal
A small country with a high quality of life and a progressive society. Its economy is stable and relies on exports, tourism, and services. Portugal has a well-developed infrastructure that connects its major cities and regions. Compared to its neighbors, Portugal has low property prices but high rental yields averaging 5% in Lisbon. The best areas to invest in are Lisbon, Porto, Algarve, Madeira, and Azores.
Spain
A big country with a lot of different landscapes, cultures, and lifestyles. Spain has a strong economy that benefits from tourism. Spain has a solid infrastructure with modern amenities and facilities. Spain offers a nice balance of moderate rental yields averaging 6% in Madrid and high capital appreciation potential due to its recovering property market. If you're looking to invest, Madrid, Barcelona, Valencia, Malaga, and Alicante are the best places to start.
Greece
Greece is one of Europe's top tourist destinations with its stunning natural beauty and rich cultural heritage. Greece has bounced back from its economic crisis and is showing signs of growth. Greece has a friendly business climate that attracts foreign investors with its minimal restrictions. Greece offers high rental yields averaging 6% in Athens and low property taxes. Some of the best places to invest are Thessaloniki, Athens, Crete, Rhodes, and Corfu.
Italy
Italy is a country with a rich history, culture, and beauty. Italy has a pretty solid economy thanks to its manufacturing and tourism sectors. Italy has a solid infrastructure that provides the basics like amenities and facilities. Italy offers high rental yields averaging 6% in Rome but high property taxes. If you're looking to invest, some of the best places to consider are Rome, Milan, Florence, Venice, and Naples.
Afterword
While our picks are great for getting a feel for the market, it's up to you to make sure they align with your goals, preferences, risk tolerance, and budget. Propertium gives you the tools to make smart decisions. You can explore beyond our recommendations and find the perfect investment opportunity tailored to your needs. Start your journey with Propertium today and see how it can make your real estate investment experience even better.
FAQ
What is Propertium?
Propertium is an innovative platform that revolutionizes the way you search for real estate and auction listings across Europe.
Can a foreigner buy property in Europe?
Non-EU residents can buy property in Europe without any restrictions.
Which European country is the best for property investments?
Portugal, Greece, Italy, and Spain are some of the best options. Each country offers unique advantages and investment opportunities in their real estate markets.
Nikita Navalikhin
7 July 2024