Deloitte has presented the latest overview of European residential property markets

  • 389
The experts have named the most expensive and the most affordable countries and locations.

What has happened? The international consulting company Deloitte has published the latest report, the Property Index - Overview of European Residential Property Markets.

The most expensive countries for purchasing a property

Austria, Germany, France and Norway. Each square in a new building in these countries costs more than €4,000.

The most expensive cities for purchasing a property

Paris and Munich are the most expensive locations in Europe- here you will have to pay more than €10,000 per sq.m of real estate.

Price Growth Leaders

The highest annual growth rates in average transaction prices were recorded in Maribor (+38.2%; Slovenia), Sarajevo (+30.6%; Bosnia and Herzegovina).

Countries with the most affordable housing

Bosnia and Herzegovina is in the lead - a little more than €1,000 per square meter; prices on the secondary market will be even lower. You may observe relatively affordable prices for new housing in Greece, Romania and Portugal.

Cities with the most affordable housing

There is not a single European city among 76 cities in the survey with an average transaction price below 1,000 EUR/sqm. However, the lowest average transaction prices were recorded in Patra (1,056 EUR/sq.m;  Greece), Niš (1,270 EUR/sq.m; Serbia), and Novi Sad (1,540 EUR/sq.m; Serbia).

Locations that registered price declines

The average transaction price for a new dwelling fell in 3 cities from Denmark - Copenhagen (-10.7%), Odense (-9.5%), Aarhus (-8.6%).

Please pay attention! The analysts collected data only in large cities; the housing in the provinces is always cheaper.

Quoting conditions of Prian.info materials

Share the link:
Tags: Market Analysis, Investment, Real Estate

Read also

Portugal may revoke short-term rental licenses from homeowners
Short-term rentals have been blamed for fueling housing crisis.
The Greek real estate market is hot, but the prices are not affordable to wide public: are property prices expected to decline?
The forecasts from the experts are full of cautious optimism.
Catalonia will limit the issuance and set a five-year limit on tourist apartments licenses
The new rule will come into force in 262 cities, including Barcelona.
The most popular “golden visa” in 2023 has been revealed
It turned out to be the corresponding program of Greece.
Spanish notaries have recorded a drop in home sales across the whole country
The recession has affected all types of housing.
Cyprus is reducing the frequency of property valuations
This means that the property value for taxation purposes will be updated less frequently.

Interesting to read