In this guide, I am going to be talking about the money booming real estate markets in the continent of Europe. There are a lot of cities in Europe where the property values are skyrocketing. These cities are amazing, and they have a lot of amazing things going for them as well. They have so many redeeming qualities that people absolutely fall in love with. Down below, I have listed out some of the most beautiful cities that you can move into where you will also be making a very smart investment when it comes to real estate.
- The very first city that I would like to talk about is Paris. Paris has an amazing real estate market. It is also very smart to invest into real estate in Paris. There are a lot of factors that actually affect the real estate market in Paris, like unemployment and inflation as well. By February in 2012, France had actually reached an inflation rate of 2.3%. A lot of experts have successfully predicted that the inflation rate will reduce in the near future, which will end up benefiting the property investors in Paris.
- The next place that I would like to mention is Brussels. Brussels happens to be the capital city of Belgium and a very useful place within the wonderful European Union. It is also the international administration centre for NATO. It is also why the city fetches amazing prices for properties. Brussels is actually divided into two areas which is completely made up of 19 districts.
- Berlin definitely has a hot real estate market. The city actually leads in terms of unemployment which is at 12%. Nationally, the unemployment rate in Germany is around 6.8%. The city also has a population of 3.5 million people. It is a very formidable capital in the continent. According to a lot of sources, Berlin overtook the Italian City of Rome when it comes to being the third most visited destination in Europe. London was leading in the first place, and then it was followed by Paris. Berlin has a population that has been growing significantly. The presence of very young professionals has actually made sure that the real estate investment keeps on skyrocketing. Properties are gaining a lot of value. The city has also experienced around 20% of growth in the last 12 months alone. Berlin definitely has a gigantic real estate market, and I feel that it would be a wonderful opportunity for you to invest.
- I definitely want to talk about Italy. Italy has a very profitable real estate market. Italy is one of the few countries in the entire world where a lot of people on their homes. It means that very few people rent it out. Italy definitely has some attractive living conditions and low costs of living, and that is why you should consider it.