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Best places to buy real estate in Europe in 2023

Best places to buy real estate in Europe in 2023

Best places to buy real estate in Europe in 2023

One of the most romantic parts of owning a home in Europe is being able to wake up in the morning and walk out the door to the smell of pastries and the sound of bicycle bells as your European neighbors fly past you on their way to cafes or art studios ...

Europe has some of the most famous geographical and cultural landmarks in the world. From the golden sands of Portugal's Algarve ... to the hills of southern Spain ... to the simple majesty of the French countryside ... It's more than possible to find your idyllic slice of European life here. Not only that, but you can even profit from the opportunity. I have a wealth of experience in real estate and investments over several decades. My job is to find markets and destinations where an investor can invest when prices are low and then capitalize on the appreciation in value. I look for such opportunities in various countries around the world - Europe, Latin America and Asia. In 2008, I started my own Real Estate Trend Alert group. This is a group of experienced investors who want to maximize their profit potential by buying real estate overseas. I send them details of the best deals I find, along with market analysis and advice from experts, straight to their inbox. And on top of that, they get special deals and prices on deals that I recommend.

In this article, I will tell you about the most attractive places in Europe that I have discovered. Here you can find truly incredible real estate deals that you won't find in other parts of the world.

Algarve, Portugal

For example, on the Algarve in Portugal. This is a place where I have been actively searching for real estate for many years. The Algarve offers perfect weather with 300 days of sunshine a year, beautiful beaches and world class golf. It's easy to get here, the cost of living is low, the food is great, and it's safe and secure.

Recommended real estate
Buy in Spain for 288000€

Sale flat in Alicante with sea view 310 994 $

2 Bedrooms

2 Bathrooms

98 м²

Buy in Spain for 346000€

Sale flat in Alicante with city view 373 625 $

2 Bedrooms

2 Bathrooms

105 м²

Buy in France for 346000€

Sale flat in Saint-Denis 373 625 $

3 Bedrooms

2 Bathrooms

109 м²

Buy in Spain for 120000€

Sale flat in Costa Blanca 129 581 $

1 Bedroom

1 Bathroom

61 м²

Buy in Portugal for 142500€

Sale flat in Oeirash 153 877 $

1 Bedroom

1 Bathroom

55 м²

Buy in Portugal for 129500€

Sale penthouse in Oeirash 139 839 $

1 Bedroom

1 Bathroom

61 м²

The Algarve attracts a variety of markets including northern Europeans, Americans and even people from Asia. This is important because as a conservative investor, I buy real estate in places that attract different ethnicities. This makes the market more resilient to crises. For example, in the city of Lagos on the Algarve, the average occupancy of a property in 2020 was about 35 weeks. This is an impressive figure considering that a pandemic was occurring during that period. Some property owners still managed to earn a 7% annualized rate of return. Lagos has a short-term rental market that is active during the 10-week peak season. You can also get a mortgage from a Portuguese bank with an interest rate as low as 1.8%. Before the crisis in 2008-2009, development on the Algarve was mainly focused on the central part of the city. The eastern part of the region toward Spain was less developed. However, when I look for lucrative investment opportunities, I look to the western and central Algarve where the short-term rental market is active. There you can find villas with high yields and strong price growth.

Other places in Europe

It's also worth looking at other places in Europe such as Portugal's Silver Coast, Spain's Costa del Sol, France's Languedoc and Italy's historic cities. In these regions, you can find inexpensive properties with good potential for rentals and price appreciation. In addition, you can now find good deals on real estate in Italy in historic cities such asRome, Florence and Venice. All of these locations have great appeal to tourists and promise high rental yields. However, buying property in Italy's historic cities can be subject to regulation and taxation, so it is important to be careful and use the right legal advice. In any case, Europe offers many opportunities for real estate acquisition and rental income.

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