Property Abroad
Blog
Best places to buy real estate in Europe in 2023

Best places to buy real estate in Europe in 2023

Лучшие места для покупки недвижимости в Европе в 2023 году

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
Купить flat в Spain 139900€

Sale flat in Guardamar del Segura 151 421,00 $

2 Bedrooms

2 Bathrooms

79 м²

Купить house в Portugal 466566£

Sale house in Albufeira 592 813,00 $

3 Bedrooms

3 Bathrooms

200 м²

Купить house в Spain 495000€

Sale house in Campello 535 764,00 $

8 Bedrooms

4 Bathrooms

230 м²

Купить flat в Portugal 381420£

Sale flat in Lisbon 484 627,00 $

2 Bedrooms

1 Bathroom

71 м²

Купить flat в Italy 682103£

Sale flat in Sanremo 866 672,00 $

3 Bedrooms

140 м²

Купить house в Spain 530000€

Sale house in Mercia 573 647,00 $

3 Bedrooms

4 Bathrooms

80 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 as Rome, 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.

Comment