What makes Europe such a sought-after investment destination and why does it bring key tourism significance for Europe? What are the reasons for choosing Europe for your new home and relocating there with your family? We will go through the biggest advantages of these countries of the Union.
Europe offers one of the most dynamic and developing real estate market. What makes it
such an attractive destination for investment is the outstanding quality of life, the
opportunity of acquiring a Golden Visa, business opportunities, security and economic
stability plus some of the lowest costs of living.
There are a number of determinants making Europe an intelligent choice for property
investment ranging from its intrinsic values such as landscape and climate to more
temporal reasons driven by economic factors.
Just a few years ago, everyone was predicting the end of Europe, especially the end of continental Europe. But we have still seen ever-increasing property prices as investors flock to the markets; Berlin, Lisbon, Dublin, Rotterdam, and Zagreb are among the European cities experiencing high levels of growth.
Real estate markets in Europe, however, whether commercial or residential, are actually very expensive. Considering that crises are high and property assets are trading at incredibly low property yields; this makes the underlying value of properties very high. So how is it possible that a continent experiencing modest economic growth with a still-low inflation – though improving, albeit slowly – continues to attract global investors?
The answer is simple: it’s all linked to the monetary policy of the European Central Bank (ECB), and it has nothing to do with real estate. The ECB has a loose monetary policy of keeping interest rates artificially low; on 25 July 2019, it decided to keep them unchanged at 0.00%, 0.25% and -0.40% for Investors, therefore, don’t see any other possibility than investing in real estate. Buying stocks can be too risky as they are volatile, and bonds are expensive considering yields are still hovering around very low levels.
We have tie-ups with the best real estate agencies in and across Europe. We help our clients find the best house / villa / apartment / offices / factories of their choice and in their budget for their personal use, family residence or even for commercial purpose.
1. Visitor numbers-
Figures from the World Economic Forum show that Romania, Slovakia and the Czech Republic have seen the biggest rise in tourist numbers with a more than 10-percent increase in visitors since 2014.
2. Funding-
The Balkans have benefited from European Union funding for regional projects to foster cooperation between different regions. Priority areas of funding include a project for promoting tourism in the Lower Danube Region shared by Romania and Bulgaria.
3. Love of brands.
There is a strong appetite for branded properties across the region and hotels are viewed as a viable asset class, attracting external investment and local government support for development.
Brands Move In
In the past few months, several global brands have announced plans to expand their footprints in the region. InterContinental Hotels Group, for example, just announced plans to open four new hotels, with a further 46 confirmed for the pipeline.