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Five Inexpensive European Capitals to Buy an Apartment

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What type of real estate can you choose to invest in if the budget is not very large? Consider inexpensive apartments in several European capitals. Surprisingly, square meters in many capital cities are cheaper than resort properties. At the same time, you can still make money on such an investment.

Why Capital Cities?

The main cities of every country usually are considered for investment and residence. An apartment in Paris, Berlin, or Rome does not need to be a dream! From a practical point of view, there is always a demand for real estate in megacities.

Judge for yourself: universities, authorities, offices of large companies, medical centers are usually located in the capitals. The main attractions are most often concentrated there, together with the main airports, train stations, seaports. Human flows flock to them: tourists, students, immigrants, business travelers, and so on. They all need somewhere to live. Apartments for rent in large cities are constantly in demand. That is why real estate in the capitals, as a rule, increases in price.

However, real estate is already prohibitively expensive in the main cities of many European countries. You will have to pay more than half a million euros for a good apartment in Paris or London! Investors are already turning away from some European capitals for that reason.

We are used to looking at Eastern Europe counting on low prices, but investors' interest in the tidbits in recent years has been so great that prices there have soared! For instance, prices have doubled in Budapest over the past eight years. Prague has already turned into a city for the rich.

Fortunately, there are still places on the map of Europe where you can buy real estate in the capital city relatively inexpensively.

Podgorica, Montenegro

Podgorica, Montenegro

A square meter of housing in the capital city costs on average €1,000, real estate prices reach €2,000 in prestigious areas.

Investors and tourists are primarily interested in the famous resorts of Montenegro, like Budva, Bar, Herceg Novi. Meanwhile, about a quarter of the country's population lives in the capital city – 150,000 people. Podgorica has a university, offices of large companies, the airport, and a train station, so it is better to consider real estate for long-term rental here.

If you are going to move to Montenegro, it is worth exploring the capital city option. Yes, you will have to give up the sea view from your balcony. But theaters, clinics, and even large shops are worth looking for in Podgorica. Resort towns often have only a minimal set of services. By the way, it will be possible to get to the sea from the capital in half an hour.

The history of Podgorica is ancient but sad: the city was destroyed during the Second World War. Therefore, almost the entire housing stock is post-war, and the houses of the socialist period are typical Soviet buildings. Active construction of modern buildings began already after the declaration of independence of Montenegro.

Real estate in Podgorica:
House for 245 000 euro in Golubovci, Montenegro
245 000 €
House in Golubovci, Montenegro
260 sq.m 4
Residence
№ 5064. Golubovci. 13 km from the capital - Podgorica, excellent rural estate: on a plot of 2.480 sq m (25 acres): 2 utility rooms, a hangar 30 x 10 m (height 3.9 m) and a two-storey house with an area of 260 sq. m.: 1st floor - living room, kitchen-dining room, bedroom, bathroom. 2nd floor - living room, kitchen-dining room, three bedrooms,...
Real Estate & Building Company «ADRIATIC SEA EXPERT»
House for 150 000 euro in Podgorica, Montenegro
150 000 €
House in Podgorica, Montenegro
175 sq.m 3
Residence
№ 5517. Podgorica. House for sale in Gorica (from the entrance to the city from Belgrade). The total area of 175 m2: 40 m2 - suteren (ground floor under the house) and 135 sq m - house. 3 bedrooms, kitchen-dining room, bathroom. Plot of 775 m2 (of which 135 sq m under the house). An unusual house for life, just a few minutes drive from the ideal...
Real Estate & Building Company «ADRIATIC SEA EXPERT»
Flat for 130 000 euro in Podgorica, Montenegro
130 000 €
Flat in Podgorica, Montenegro
89 sq.m 2
Residence
The object code is 1.27.13.8204For sale a two-bedroom apartment in Podgorica, in the Brotherhood of Unity, street No. 3.  The apartment has an area of 89m2, with a garage of 13 m2.  The apartment consists of: living room with dining area, kitchen, two bedrooms, bathroom, hallway and terrace.  The apartment is sold fully furnished.  Ready to move...
DOO TradeGoria
Flat for 130 000 euro in Podgorica, Montenegro
130 000 €
Flat in Podgorica, Montenegro
89 sq.m 2
Residence
The object code is 1.27.13.8313Sale of a 2-room apartment in Podgorica, the capital of Montenegro. The apartment has an area of 89 m2, with a garage of 13 m2. The apartment consists of a living-dining room, a kitchen, 2 bedrooms, a bathroom, a corridor and a terrace. The apartment is sold furnished. Renovated in March 2018. The price of the...
DOO TradeGoria
Flat for 119 000 euro in Podgorica, Montenegro
119 000 €
Flat in Podgorica, Montenegro
65 sq.m 2
Residence
The object code is 1.27.13.8935Description: For sale two-bedroom apartment City Kej, Podgorica. The apartment is oriented to the east. The house is built of high quality materials. In the living room and bedrooms, the floor is made of three-layer parquet of the Tarkett type - brushed oak, ceramic tiles of the first class are installed in the...
DOO TradeGoria
Flat for 110 000 euro in Podgorica, Montenegro
110 000 €
Flat in Podgorica, Montenegro
73 sq.m 2
Residence
The object code is 1.27.13.8982LUX apartment for sale in Podorica, City Quarter. The total area of the apartment is 73 m2.  Together with the apartment there is a garage space. The cost is 110.000 euros. Prodajem luksuzno opremljen dvosoban stan City Kvartu  u Podgorici .Zgrada Zetagradnje .Uz stan ide i garazno mijesto.110.000€
DOO TradeGoria
Apartment for 140 000 euro in Podgorica, Montenegro
140 000 €
Apartment in Podgorica, Montenegro
65 sq.m 3 2 2
Residence Remote Transaction
5862. Luxury two-bedroom apartment for sale in a new area "Key to the city" on the banks of the Moraca River in the capital of Montenegro - Podgorica! This luxurious and exceptional three-room apartment is oriented to the east, so from morning to noon "bathes" in the sun. It is very pleasant here in summer and winter thanks...
Real Estate & Building Company «ADRIATIC SEA EXPERT»
Flat for 104 000 euro in Podgorica, Montenegro
104 000 €
Flat in Podgorica, Montenegro
70 sq.m 2
Residence
The object code is 0.n/a.13.For sale an apartment of 70 m2 in Podgorica in a new house, in a good area with high rental potential. The structure of the apartment is a living room combined with a kitchen, 2 bedrooms, a bathroom. knot. The price is 104.000 euros.
DOO TradeGoria
Flat for 79 000 euro in Podgorica, Montenegro
79 000 €
Flat in Podgorica, Montenegro
52 sq.m 1
Residence
The object code is 1.27.13.9023We offer for sale a one-bedroom apartment of 52m2, in Podgorica, City Kvart district, I floor, The building is next to the Volya supermarket, near the Delta City shopping center. The dining room is separated from the living room, High-quality furniture There is another room outside the apartment that is not...
DOO TradeGoria
House for 44 000 euro in Podgorica, Montenegro
44 000 €
House in Podgorica, Montenegro
72 sq.m 1
Residence
The object code is 1.27.11.9182One-storey house in the area Donji Kokoti near Podgorica. One-storey house of 42m2 with a terrace of 30m2 on a plot of 450m2 in the area Donji Kokoti near Podgorica. The structure of the house: terrace, living room combined with kitchen and dining area, bedroom, bathroom. Part of the terrace of 6m2 is glazed. The...
DOO TradeGoria
House for 57 000 euro in Podgorica, Montenegro
57 000 €
House in Podgorica, Montenegro
146 sq.m
Residence
The object code is 1.27.11.9462House under major renovation on a large plot in Podgorica A house of 146m2 and an auxiliary object of 43m2 under major renovation on a large plot of 4187m2 in Podgorica, Mataguzi. The plot has all communications. An orchard. Distance to Podgorica 15 kilometers. 57,000 euros  
DOO TradeGoria
House for 220 000 euro in Podgorica, Montenegro
220 000 €
House in Podgorica, Montenegro
139 sq.m
Residence
The object code is 00290One-storey house in Podgorica with an area of 139m2. Land.plot of 1100m2. On the plot there is an orchard, flowers.
DOO TradeGoria
Flat for 57 500 euro in Podgorica, Montenegro
57 500 €
Flat in Podgorica, Montenegro
46 sq.m 1
Residence
The object code is 2.27.13.3073Apartments in a new house in Podgorica. The area is 46m2. Layout: corridor, kitchen-dining room, bedroom, bathroom, balcony. Parking place in front of the house. It is possible to buy a garage space in the basement of the house. Shops and office premises are located on the ground floor of the house.  
DOO TradeGoria
House for 350 000 euro in Podgorica, Montenegro
350 000 €
House in Podgorica, Montenegro
390 sq.m 11 7 5
Residence Remote Transaction
5978. Podgorica, Toloshi area. Three-storey house built in 1998. House area 390 sq m: 1st floor - independent: corridor, three bedrooms, kitchen-living room, bathroom, terrace; 2nd floor - separate entrance, corridor, two bedrooms, kitchen-living room, two terraces, bathroom + separate toilet; 3rd floor - entrance from the second floor via an...
Real Estate & Building Company «ADRIATIC SEA EXPERT»
Villa for 65 000 euro in Podgorica, Montenegro
65 000 €
Villa in Podgorica, Montenegro
220 sq.m 4 4
Residence
For sale a two-storey house under construction in Podgorica. House area 220 sq.m., plot of 700 sq.m. Each floor is 110 sq.m. with a separate entrance. The layout of each floor is the same: entrance hall, 3 bedrooms, 3 bathrooms and 2 terraces. The house is located in the Golubovichi area, all infrastructure is within walking distance.Podgorica...
Antarex
Apartment for 250 000 euro in Podgorica, Montenegro
250 000 €
Apartment in Podgorica, Montenegro
150 sq.m 4 3
Residence
We offer for sale a new, luxurious two-storey four-bedroom Duplex apartment in an elite house with a good location and infrastructure in Podgorica, 10 minutes from the city center. The apartment occupies the seventh and eighth floors of an apartment building, is fully equipped with the latest, modern appliances and furniture and has a beautiful...
Antarex
Flat for 65 000 euro in Podgorica, Montenegro
65 000 €
Flat in Podgorica, Montenegro
45 sq.m 1
Residence
The object code is 5.27.13.10250One-bedroom apartment with a total area of 45,67m2 in Podgorica, Zabielo district. It is located on the 4th floor in a house built in 2013, with an elevator.  The school is 450 meters away Grocery store, pharmacy in the house.
DOO TradeGoria
Apartment for 65 000 euro in Podgorica, Montenegro
65 000 €
Apartment in Podgorica, Montenegro
58 sq.m 2 2
Residence
For sale duplex apartment in new building in Podgorica within 5 minutes by car to the center of the city. The apartment has an area of 58 sq.m., it is located on the third floor. Layout - living room with kitchen area, two bedrooms, two bathrooms and balcony. The apartment is modern-renovated, unfurnished. The entire infrastructure is within...
Antarex
House for 285 000 euro in Podgorica, Montenegro
285 000 €
House in Podgorica, Montenegro
310 sq.m
Residence
The object code is 5.27.11.10436We offer for sale a house in Podgorica, Zlatitsa district, with a total area of 310m2, a land plot of 700m2Structure of the house : Basement with 4 rooms  Ground floor: corridor, living room, kitchen, 3 bedrooms , bathroom, storage room Internal staircase to the second floor and basement Second floor: corridor,...
DOO TradeGoria
House for 150 000 euro in Podgorica, Montenegro
150 000 €
House in Podgorica, Montenegro
52 sq.m
Residence
The object code is 5.27.11.10439We offer for sale two houses with an area of 52m2 and 64m2, on a plot of 490m2 in Podgorica, Zlatitsa district.  The city center is 4.5 kilometers away, 10 minutes by car Near the main road Podgorica- Kolasin Within walking distance   famous restaurant Gošović, Primary school (up to 9th grade) Mail Refill...
DOO TradeGoria

The small number of ancient monuments is also explained by large-scale destruction. The Millennium Bridge over the Moracha River, which was opened in 2005, is one of the new points of attraction.

Podgorica is located in an earthquake-prone area, so you will not find high-rise buildings here. Apartment buildings of five to seven floors predominate. New facilities are high-quality economy or business class housing. Prices in the capital are significantly lower than in cities by the sea since most of the investors are into resorts.

The most prestigious neighborhoods are in the center and near the large Delta City shopping complex. There are also many private houses in and around the capital.

Also read:
Real Estate in Montenegro. How to Get the Most for Reasonable Money
Real Estate in Montenegro. Overview of Cities for Permanent Residence

Tirana, Albania

Tirana, Albania

The average cost of a square meter in the capital city is €1,100; prices range from €700 in residential areas to €4,000 in new houses in the center.

About 500,000 people live in Tirana, and about 1 million - in the metropolitan agglomeration. That makes up to a third of the total population of the country.

Unlike Podgorica, Tirana avoided massive destruction during WWII. It is the capital city of Albania for more than a century, therefore, you can admire ancient monuments since Ottoman times. Nevertheless, there are many buildings from the time of socialism. The city has a lot of interesting examples of modern architecture nowadays. The transformation of Tirana became especially vivid in the '90s, when the professional artist Edi Rama, now the Prime Minister of Albania, became the mayor of the city.

The center of Tirana is Skanderberg Square. The famous boulevards of the capital depart from the square: Boulevard Zog I, Zhan D'Ark Boulevard, Dëshmorët e Kombit Boulevard – one of the most beautiful places in the city. The oldest districts are Bam, Mukho, and Pazari i Ri. In the other direction from the square begins the New Tirana: an elite central area that extends to the university campus.

Real estate in Tirana:
Apartment for 249 014 euro in Tirana, Albania
249 014 €
Apartment in Tirana, Albania
73 sq.m 3 3 1
New apartment in Tirana in a top location. Good option to invest in apartment. Walking distance from park, city stadium, University and US embassy.
Habita International Estates Ltd
Apartment for 132 430 euro in Tirana, Albania
132 430 €
Apartment in Tirana, Albania
106 sq.m 3 2 2
Perfect Location for Investment in Tirama, next to Second Ring of the city only 2 km from the center. Building is located next to the main City hospital, and Medicine University.
Habita International Estates Ltd
Apartment for 104 650 euro in Tirana, Albania
104 650 €
Apartment in Tirana, Albania
68 sq.m 3 2 1
Perfect Location for Investment in Tirama, next to Second Ring of the city only 2 km from the center. Building is located next to the main City hospital, and Medicine University.
Habita International Estates Ltd
Apartment for 90 210 euro in Tirana, Albania
90 210 €
Apartment in Tirana, Albania
72 sq.m 2 1 1
Perfect Location for Investment in Tirama, next to Second Ring of the city only 2 km from the center. Building is located next to the main City hospital, and Medicine University.
Habita International Estates Ltd
Apartment for 105 010 euro in Tirana, Albania
105 010 €
Apartment in Tirana, Albania
74 sq.m 3 2 2
Perfect Location for Investment in Tirama, next to Second Ring of the city only 2 km from the center. Building is located next to the main City hospital, and Medicine University.
Habita International Estates Ltd
Apartment for 132 430 euro in Tirana, Albania
132 430 €
Apartment in Tirana, Albania
106 sq.m 3 2 2
Perfect Location for Investment in Tirama, next to Second Ring of the city only 2 km from the center. Building is located next to the main City hospital, and Medicine University.
Habita International Estates Ltd
Apartment for 138 580 euro in Tirana, Albania
138 580 €
Apartment in Tirana, Albania
111 sq.m 3 2 2
Perfect Location for Investment in Tirama, next to Second Ring of the city only 2 km from the center. Building is located next to the main City hospital, and Medicine University.
Habita International Estates Ltd
Villa for 185 000 euro in Tirana, Albania
185 000 €
Villa in Tirana, Albania
130 sq.m 5 3 2
26km from Tirana, small villa for sale.
Habita International Estates Ltd
Apartment for 150 000 euro in Tirana, Albania
150 000 €
Apartment in Tirana, Albania
120 sq.m 4 3 2
Spacious apartment, 4 rooms 2 bathrooms. Apartmnet is facing south and has sun light all day.
Habita International Estates Ltd
Apartment for 95 000 euro in Tirana, Albania
95 000 €
Apartment in Tirana, Albania
60 sq.m 2 1 1
City centre location, Ideally property for investment.
Habita International Estates Ltd
House for 250 000 euro in Tirana, Albania
250 000 €
House in Tirana, Albania
182 sq.m 3 1 2
A property for sale in Tirana, consist of land 80m square, ground floor - business premises and first floor apartment. Both premises are rented and passive income.
Habita International Estates Ltd

Now the capital is being transformed following the "Tirana-2030" plan. Within its framework, the development will become more orderly and modern, and the city itself will become greener, with new parks, bike paths, and an emphasis on electric vehicles. 

Albania is one of the cheapest countries in Europe, and real estate prices are no exception. Perhaps that is why foreign buyers have come to love it so much: about a third of transactions are conducted by foreigners. However, they rush to the resorts, and the capital remains in the shadows.

Nevertheless, from the point of view of investment, this is a good choice. In addition to the standard set - universities, museums, theaters, stadiums, banks, business centers - Tirana remains the center of the country's industry. The largest factories are here, which means that specialists and line employees flock here. Real estate prices in Albania continue to rise, the pandemic has not stopped them, which means that the investor will be able to receive income from the resale.

Also read: 
The Law on Albanian Citizenship by Investment Gets Real
The Procedure of Buying Realty in Albania

Sofia, Bulgaria

Sofia, Bulgaria

The average price per square meter in the city is €1,200, the most expensive apartments in the center are €2,000, the cheapest in the campus area are €900 thousand per sq.m.

About 1.5 million people live in the Bulgarian capital - about a quarter of the total population. Although most tourists go to the Black Sea resorts, there is also something to see in Sofia.

There are two dozen universities, many theaters, and museums. Buses, trolleybuses, and trams travel around the city, three metro lines operate.

Although the history of Sofia goes back to antiquity to the times of the Roman period can be found in the city, the part of the development appeared after WWII, during which the Bulgarian capital suffered significantly. 

Real estate in Sofia:
Apartment for 57 500 euro in Sofia, Bulgaria
57 500 €
Apartment in Sofia, Bulgaria
50 sq.m 2 1 1
Apartments with uncompromising quality and optimal layout! We are pleased to present you a new complex that has brought to life the idea of modern urban housing: luxury features, functionality and comfort, tranquility and security, green environment and convenient location. This is an excellent project with a reputable contractor and...
KVADRAT
Apartment for 550 000 euro in Sofia, Bulgaria
550 000 €
Apartment in Sofia, Bulgaria
215 sq.m 2 2 3
Residence
For more information please contact: Ref. number.: Sve-93535Modern, new home with high quality furniture next to "Panoramic Road", in a building with permission for use from 2022. Built-up area: 180 m2. Exposure: South Distribution: Entrance hall; living room with dining area and kitchenette; terrace; two bedrooms with bathrooms and toilets;...
PROPERTY.BG by SUPRIMMO
House for 395 000 euro in Sofia, Bulgaria
395 000 €
House in Sofia, Bulgaria
224 sq.m 3 3
Residence
For more information please contact: Ref. number.: Sve-91939Row house with a modern vision in Boyana district next to Panoramic Road Street in a newly built gated complex with six row houses. Permission for use 12.2021. The price of the property does not include VAT. Built-up area: 223.42 m2. Exposure: East-west Distribution: Basement:...
PROPERTY.BG by SUPRIMMO
Apartment for 104 940 euro in Sofia, Bulgaria
104 940 €
Apartment in Sofia, Bulgaria
87 sq.m 3 2 2
The agency "Kvadrat" presents to your attention a brand new complex located in one of the fastest growing areas of the country - Druzhba 2. The residential building is located on a plot of 864 square meters on Sadina Street, next to Obikolna Street and on the south side. block 516 in the Druzhba-2 railway station. The building has an underground...
KVADRAT
Apartment for 270 000 euro in Sofia, Bulgaria
270 000 €
Apartment in Sofia, Bulgaria
150 sq.m 4 3
A vast 3 bedroom family apartment finished to an exceptionally high standard. Glass ceilings with designer bathrooms, this is a rare and luxurious property. Fitted kitchen complete with NEFF appliances and smooth motion German glazing throughout, no expense has been spared. Exclusive access to 70sqm roof terrace presents the possibility to deck...
New Estate
House for 378 000 euro in Sofia, Bulgaria
378 000 €
House in Sofia, Bulgaria
289 sq.m 2 3
Residence
For more information please contact: Ref. number.: SOF-97281The price is valid until November 15. We present a 3-storey house in Aria Park Townhouses - the newest exclusive offer in our portfolio. The project offers a healthy living environment and consists of 13 terraced houses with their own yards with dimensions between 100 sq.m and 210...
PROPERTY.BG by SUPRIMMO
House for 388 500 euro in Sofia, Bulgaria
388 500 €
House in Sofia, Bulgaria
323 sq.m 2 3
Residence
For more information please contact: Ref. number.: SOF 99608The price is valid until November 15. We present you an excellent opportunity to buy a family house in Aria Park Townhouses, offering a healthy living environment, a high level of security with constant security and video surveillance and optimal southern exposure with beautiful...
PROPERTY.BG by SUPRIMMO
Apartment for 630 000 euro in Sofia, Bulgaria
630 000 €
Apartment in Sofia, Bulgaria
164 sq.m 3 2
Residence
For more information please contact: Ref. number.: SOF-102410We present a luxury apartment for sale in one of the most preferred districts of Sofia - "Vitosha". The area is characterized by a calm residential atmosphere and well-developed communications. The central part of the city is reached through Simeonovsko Shosse Blvd., which...
PROPERTY.BG by SUPRIMMO
Apartment for 460 000 euro in Sofia, Bulgaria
460 000 €
Apartment in Sofia, Bulgaria
115 sq.m 2 2
Residence
For more information please contact: Ref. number.: SOF-102175We present a designer property for sale, featuring an elegant interior, filled with attention to the smallest detail and a permanent location in the heart of the capital. The location is prestigious and emblematic, close to Vazrazhdane Park and the National Palace of Culture. The...
PROPERTY.BG by SUPRIMMO
Apartment for 297 000 euro in Sofia, Bulgaria
297 000 €
Apartment in Sofia, Bulgaria
90 sq.m 1 1 1
For more information please contact: Ref. number.: Kbs 100826 We present a first-class one-bedroom apartment with its own garden, part of a small boutique building in the Lozenets district. Construction started - December 2021. Expected completion - end of 2023. The luxury building is located in the most prestigious part of the neighborhood,...
PROPERTY.BG by SUPRIMMO
Apartment for 318 276 euro in Sofia, Bulgaria
318 276 €
Apartment in Sofia, Bulgaria
118 sq.m 2 2 1
Residence
For more information please contact: Ref. number.: STO-100328 We present to you a two-bedroom apartment for sale, part of a new mixed-use building in Lozenets district, Sofia. In active construction process. Expected completion - March 2024 The region is one of the most preferred and prestigious in the capital due to the fully developed...
PROPERTY.BG by SUPRIMMO
Apartment for 130 072 euro in Sofia, Bulgaria
130 072 €
Apartment in Sofia, Bulgaria
96 sq.m 2 2 2
For more information please contact: Ref. number.: STO-100285 We present to you a two-bedroom apartment in a new building with a modern vision in the Ovcha Kupel district, Sofia. The area is quiet and communicative, with easy access to all parts of the city through major roads. In the area there are shops, schools, kindergartens and all the...
PROPERTY.BG by SUPRIMMO
Apartment for 86 328 euro in Sofia, Bulgaria
86 328 €
Apartment in Sofia, Bulgaria
56 sq.m 1 1
For more information please contact: Ref. number.: Kbs 99874We present to your attention one-bedroom properties in a new boutique building with an excellent location in the capital's Malinova Dolina district. In an active construction process. Expected completion - January 2023 Malinova Dolina is a new district in Sofia, which is developing...
PROPERTY.BG by SUPRIMMO
Apartment for 385 000 euro in Sofia, Bulgaria
385 000 €
Apartment in Sofia, Bulgaria
110 sq.m 2 2 2
Residence
For more information please contact: Ref. number.: Kbs 99829 We present to your attention a stylish, elegant and fully furnished apartment in one of the most popular complexes, namely Flora Park in Manastirski Livadi. Luxurious common areas, beautifully landscaped and maintained yard, convenient location and much more this complex has to...
PROPERTY.BG by SUPRIMMO
Apartment for 113 366 euro in Sofia, Bulgaria
113 366 €
Apartment in Sofia, Bulgaria
98 sq.m 2 2 2
For more information please contact: Ref. number.: Sve-99503 We present to your attention a two-bedroom apartment with a spacious terrace, part of building A of a modern new construction complex in front of Act 14, with a convenient location in the Obelya 2 district, Sofia. The location of the complex is quiet and communicative at the same...
PROPERTY.BG by SUPRIMMO
Maisonette for 387 000 euro in Sofia, Bulgaria
387 000 €
Maisonette in Sofia, Bulgaria
180 sq.m 2 2
Residence
For more information please contact: Ref. number.: STO 103444We present an exclusive penthouse for sale, located in a preferred and prestigious area for living - Oborishte. The location is communicative, close to Serdika Center, school, shops, restaurants, public transport stops and all the necessary amenities for a comfortable life. The...
PROPERTY.BG by SUPRIMMO
Apartment for 407 880 euro in Sofia, Bulgaria
407 880 €
Apartment in Sofia, Bulgaria
204 sq.m 4
Residence
For more information please contact: Ref. number.: SOF 103700 We present a multi-room apartment at the foot of the mountain in Boyana district. The complex offers a high level of security, tranquility and exceptional views of the city and Vitosha. It is suitable for living both for families with children and for active people. The building is...
PROPERTY.BG by SUPRIMMO
Apartment for 260 000 euro in Sofia, Bulgaria
260 000 €
Apartment in Sofia, Bulgaria
155 sq.m 2 2
For more information please contact: Ref. number.: SOF-104357 We present for sale two one-bedroom apartments located in Pavlovo district. Properties are an excellent choice for investment. The location is communicative, close to public transport, shops, restaurants and other amenities needed for a comfortable life. The apartments have a cozy...
PROPERTY.BG by SUPRIMMO
House for 630 833 euro in Sofia, Bulgaria
630 833 €
House in Sofia, Bulgaria
321 sq.m 4 3
Residence
For more information please contact: Ref. number.: SOF-104604We present a row house for sale with a modern vision, uncompromising quality in construction and an excellent location in the Krastova Vada district. The location is close to Paradise Mall and Vitosha Metro Station, with quick and easy access to Cherni Vrah Blvd. and from there to...
PROPERTY.BG by SUPRIMMO
Apartment for 122 054 euro in Sofia, Bulgaria
122 054 €
Apartment in Sofia, Bulgaria
91 sq.m 2 2 2
For more information please contact: Ref. number.: STO-97204We present exclusively for sale a two-bedroom apartment in a modern residential building in the rapidly developing southern district of Sofia "Malinova Dolina". The building will be located on a quiet inner street, in a quiet area, with fresh air and unobstructed views of Vitosha...
PROPERTY.BG by SUPRIMMO

Sofia is a very green city which differs it from many other European cities. The main city park is on Vitosha Mountain, there is also a popular ski resort.

Although there is noticeable tourist traffic in the city, realtors recommend focusing on long-term rentals. That is both more reliable and less troublesome. For the same reason, it is best to choose locations near universities, business districts, or large enterprises, of which there are many in Sofia. Real estate in the city center brings an income of about 4-6% per annum. On-campus, you can get up to 7%.

Also read:
Bulgaria is Going to Cancel the Citizenship by Investment Program
The Cheapest Areas of Burgas, Varna, and Plovdiv for Buying Real Estate

Athens, Greece

Athens, Greece

A square meter of apartments in the city center costs €1,500–2,500, in rich suburbs - €2,500-4,000, liquid economy class options cost around €1,000per sq.m.

The Greek capital is the undisputed leader. It is the largest city (3 million people) and a world-famous landmark, an open-air museum. Indirect confirmation of this is that real estate in Athens is not cheaper than in Greek resorts.

Athens is a large city that lives in a rhythm familiar to residents of megacities. There are a lot of museums, theaters, clubs, restaurants, well-developed transport, including metro and high-speed tram. At the same time, the Greek capital has typical problems of large cities: dilapidated houses in some districts, dirt, high crime rates, clusters of illegal migrants.

Urban architecture is a mixture of epochs and styles, but it is possible to distinguish several major waves. In the XX century, Athens developed rapidly, the population grew several times. Mass construction of inexpensive multi-story houses began in the city. Another milestone was the 2004 Olympic Games when the transport infrastructure was significantly improved. Nowadays, many advanced construction projects are being implemented in Athens, the largest and most famous of which is the construction of the former Ellinikon International Airport.

Real estate in Athens:
Flat for 700 000 euro in Athens, Greece
700 000 €
Flat in Athens, Greece
162 sq.m 4 3 2
Residence
For sale Apartment of 162rs in Athens. The apartment is situated on the 4th floor. It consists of 3 bedrooms, living room with kitchen, 2 bathrooms, one WC. Flat has front layout. There is air conditioning and heating. Building has a lift. Extras included with the property: garage. The building is completely finished except for the particular...
GREKODOM DEVELOPMENT A.E
Flat for 370 000 euro in Athens, Greece
370 000 €
Flat in Athens, Greece
156 sq.m 5 4 2
Residence
For sale Apartment of 156rs in Athens. The apartment is situated on the 2nd floor. It consists of 4 bedrooms, living room with kitchen, 2 bathrooms. Flat has front layout. A view of the city opens up from the windows. There are solar panels for water heating, a fireplace, air conditioning, heating and a barbecue area. Building has a lift. Extras...
GREKODOM DEVELOPMENT A.E
Flat for 180 000 euro in Athens, Greece
180 000 €
Flat in Athens, Greece
79 sq.m 3 2 1
For sale Apartment of 79rs in Athens. The apartment is situated on the 1st floor. It consists of 2 bedrooms, living room with kitchen, one bathroom. Flat has front layout. A view of the city opens up from the windows. There is air conditioning and heating. The apartment is located in Keramikos area
GREKODOM DEVELOPMENT A.E
Townhouse for 950 000 euro in Athens, Greece
950 000 €
Townhouse in Athens, Greece
250 sq.m 7 5 3
For sale maisonette of 250rs in Athens .The maisonette has 3 levels. The ground floor consists of living room with kitchen, one shower WC. The first floor consists of one bedroom, living room, one kitchen, one bathroom. The second floor consists of 4 bedrooms, one bathroom. There is aas included with the property: parking space.
Mercury Group
House for 1 200 000 euro in Athens, Greece
1 200 000 €
House in Athens, Greece
400 sq.m 6 4 3
Residence
For sale 3-storey villa of 400rs in Attica. The ground floor consists of one bedroom, living room, one shower WC, one storeroom. The first floor consists of living room with kitchen, one kitchen. The second floor consists of 3 bedrooms, 2 shower WC. There is a fireplace and heating. Building has a lift. Extras included with the property: parking...
Mercury Group
Maisonette for 1 200 000 euro in Athens, Greece
1 200 000 €
Maisonette in Athens, Greece
161 sq.m 5 3 3
Residence
For sale underex of 161rs in Athens The duplex is situated on the ground floor and the first floor. The ground floor consists of one bedroom, living room with kitchen, one kitchen, one shower WC, one WC. The first floor consists of 2 bedrooms, living room, 2 bathrooms. There are solar panels for water heating, a fireplace, air conditioning and...
GREKODOM DEVELOPMENT A.E
Flat for 90 000 euro in Athens, Greece
90 000 €
Flat in Athens, Greece
45 sq.m 2 1 1
Remote Transaction
For sale a fully renovated furnished apartment of 45 m² located on the fourth floor. It consists of 1 bedroom, living room, kitchen, 1 bathroom and veranda. Also, there is: elevator, 2 A/C units, electric appliances, Satellite TV, Internet, safety door. The walking distance till the Metro Station is 220 meters. The apartment is...
El Greko
Townhouse for 1 250 000 euro in Athens, Greece
1 250 000 €
Townhouse in Athens, Greece
215 sq.m 5 4 3
For sale under construction maisonette of 215rs in Athens .The maisonette has 3 levels. The semi-basement consists of one bedroom, one kitchen, one shower WC. The ground floor consists of one bedroom, living room with kitchen. The first floor consists of 2 bedrooms, 2 shower WC. A view of the city opens up from the windows. There are solar...
Mercury Group
Flat for 170 000 euro in Athens, Greece
170 000 €
Flat in Athens, Greece
100 sq.m 3 2 1
For sale Apartment of 100rs in Athens. The apartment is situated on the 2nd floor. It consists of 2 bedrooms, living room with kitchen, one bathroom, one WC. Flat has front layout. A view of the city opens up from the windows. There are solar panels for water heating, a fireplace and heating. Building has a lift. Extras included with the...
GREKODOM DEVELOPMENT A.E
Flat for 250 000 euro in Athens, Greece
250 000 €
Flat in Athens, Greece
58 sq.m 2 1 1
For sale Apartment of 58rs in Athens. The apartment is situated on the 3rd floor. It consists of one bedroom, living room with kitchen, one kitchen, one shower WC. Flat has interior layout. There is air conditioning. Building has a lift. The apartment is located in the heart of Athens.
Mercury Group
Flat for 340 000 euro in Athens, Greece
340 000 €
Flat in Athens, Greece
115 sq.m 4 3 2
Residence
For sale Apartment of 115rs in Athens. The apartment is situated on the 7th floor. It consists of 3 bedrooms, living room with kitchen, 2 bathrooms. Flat has front layout. A magnificent view of the city, the mountain opens up from the windows. There are solar panels for water heating, a fireplace, air conditioning, awnings and heating. Building...
Mercury Group
Flat for 330 000 euro in Athens, Greece
330 000 €
Flat in Athens, Greece
85 sq.m 3
Residence
We offer you comfortable apartment for sale, in the exclusive suburb in the south of Athens, the area of Glyfada with specious a private pool. It has big lighty rooms in warm colors. the most wonderful place in the house it is the boad living room with little fire place and asecc to the cozy gerrn garden with pool. Glyfada is one of the most...
Mercury Group
Flat for 250 000 euro in Athens, Greece
250 000 €
Flat in Athens, Greece
74 sq.m 3 2 1
For sale Apartment of 74rs in Attica. The apartment is situated on the 1st floor. It consists of 2 bedrooms, living room with kitchen, one bathroom. Flat has interior layout. There is heating.
Mercury Group
Flat for 280 000 euro in Athens, Greece
280 000 €
Flat in Athens, Greece
127 sq.m 6 5 2
Residence
For sale Apartment of 127rs in Athens. The apartment is situated on the 2nd floor. It consists of 5 bedrooms, living room with kitchen, one bathroom, one shower WC, one WC. Flat has double-frontage layout. A magnificent view of the city, the mountain opens up from the windows. There is a fireplace and heating. Building has a lift. Extras...
Mercury Group
House for 205 000 euro in Athens, Greece
205 000 €
House in Athens, Greece
70 sq.m 2 1
For sale 1-storey house of 70rs in Attica. The house consists of 2 bedrooms, living room with kitchen, one shower WC. A magnificent view of the city, the mountain, the forest opens up from the windows. There is a fireplace, air conditioning andas included with the property: parking space. The cottage is located in the area of Agia Marina.
Mercury Group
Townhouse for 260 000 euro in Athens, Greece
260 000 €
Townhouse in Athens, Greece
135 sq.m 4 2 3
Residence
For sale maisonette of 135rs in Attica .The maisonette has 3 levels. The semi-basement consists of living room with kitchen, one shower WC. The ground floor consists of 2 bedrooms, 2 shower WC. The first floor consists of living room with kitchen, one WC. A view of the city, the sea, the mountain opens up from the windows. There are solar panels...
Mercury Group
House for 410 000 euro in Athens, Greece
410 000 €
House in Athens, Greece
180 sq.m 4 3
Residence
For sale 3-storey house of 180rs in Attica. The ground floor consists of living room with kitchen, one kitchen, one shower WC. The first floor consists of 2 bedrooms, one bathroom. The second floor consists of 2 bedrooms, one shower WC. The owners will be leaving the furniture with the sale. Extras included with the property: parking space,...
Mercury Group
Apartment for 250 000 euro in Athens, Greece
250 000 €
Apartment in Athens, Greece
1
The residential project is located in Glyfada – a southern suburb of Athens – and is located in a quiet and comfortable residential area. The building is located on 5 floors and consists of apartments with 1 and 3 bedrooms. All apartments are equipped with a heating system, equipped with high-quality kitchens from the Italian brand and have...
Knight Frank
Flat for 420 000 euro in Athens, Greece
420 000 €
Flat in Athens, Greece
78 sq.m 3 2 1
Residence
For sale Apartment of 78rs in Athens. The apartment is situated on the 2nd floor. It consists of 2 bedrooms, living room, one kitchen, one shower WC. Flat has front layout. There is air conditioning and heating. Building has a lift. Extras included with the property: garden. The apartment is located in area of Plaka.
Mercury Group
Flat for 1 150 000 euro in Athens, Greece
1 150 000 €
Flat in Athens, Greece
1007 sq.m
Residence
The building is offered for sale. The building consists of 5 floors: First ground floor of 151sq.m. consists of a boiler room and warehouses Second ground floor of 151sq.m. consists of a warehouse and parking spaces The ground floor and first floors (113 + 145 sq.m.) consist of office space On the second floor there is an apartment of 125 sq.m.,...
GREKODOM DEVELOPMENT A.E

The most popular areas are, of course, in the center. In the Plaka, you can see the Acropolis from the windows. But real estate there is the most expensive. Some neighborhoods in the center of Athens have a bad reputation. For example, it is not recommended to enter the Omonoia and Exarcheia districts. Seaside locations such as Glyfada, Elliniko, Palaio Faliro, Alimos, IIlioupoli are considered prestigious.

Since the tourist flow in the city is intense, investors have focused on short-term rentals. It provides a stable income. When foreigners disappeared from Greece, the tourist rental market collapsed even though the country stimulated domestic tourism. Although there is a recovery now, the pre-pandemic indicators remain unattainable.

For this reason, for those who are not ready to take risks, it is better to choose an object for long-term rent. Here, as in other cities, you will have to look at the proximity to universities, train stations, and business districts or focus on prosperous suburbs. The rental yield is 4-6% and depends on the region. For small objects, it will be larger. With skillful delivery, you can achieve 10%.

Also read:
Greece is Going to Rase Property Taxes
Greece and the Pandemic. How the Tourist Mecca Deceived All Expectations

Riga, Latvia

Riga, Latvia

Apartments in the center cost €2,000-4,000 per sq.m, in residential areas - €1,000-2,000, typical buildings of the Soviet period - from €700 per sq.m. 

Riga is a world-class tourist gem, the historical center of which is included in the UNESCO World Heritage List. 

In addition, it is the largest city and the main industrial and scientific center of the country. 600,000 people live in Riga – a third of the total population, most universities and research centers are located here.

All this makes the city promising for both short-term and long-term rentals. The real estate market in Latvia in general and Riga, in particular, is doing well today. Prices were rising in 2021: in the third quarter, apartments in Riga rose by 5.13% year-on-year. The yield is about 4%, although small objects in the center can bring 6%. Realtors promise up to 10% with professional management.

Riga is more than 800 years old, and the oldest buildings on the territory of the city date back to about this period. Many attractions in the center also appeared in the XIII-XIV centuries, although most of them were rebuilt. But those objects that are available for purchase to an ordinary investor, of course, belong to the last century.

Real estate in Riga:
Apartment for 220 000 euro in Riga, Latvia
220 000 €
Apartment in Riga, Latvia
96 sq.m 4
Latvia City of Riga   4-room apartment on A.Chaka street   Very bright 4-room apartment in the center of Riga on A.Chaka street. The area of the apartment is 96m2: 3 rooms, a living room combined with a kitchen, 2 bathrooms (one with a shower, the second with a bathtub). 3rd floor in a building with an elevator...
INDOM
Flat for 281 000 euro in Riga, Latvia
281 000 €
Flat in Riga, Latvia
2
Residence
We offer for sale a nice one bedroom apartment, which is located in a very center of Riga in a newly built residential building! This cozy apartment located on the 5th floor of the 7-storey courtyard building and has a very comfortable layout: a spacious open-plan living room with kitchen and dining area, small hallway, master bedroom with...
Mercury Group
House for 1 237 100 euro in Riga, Latvia
1 237 100 €
House in Riga, Latvia
5 3 3
Residence
We offer for sale an exclusive villa in a modern style in one of the most prestigious area of Riga - Mezhaparks!Unique concept The Mežaparks Residence covers an area of ​​31 hectares of the prestigious and picturesque Riga district - Mežaparks, preserving the natural environment and terrain, with harmony between the old Mežaparks and modern...
Mercury Group
House for 698 000 euro in Riga, Latvia
698 000 €
House in Riga, Latvia
5 3 3
Residence
For sale is offered elegant and modern Villa Magnolia ( Twin villa) in one of the most prestigious districts of Riga - Mezaparks!Mežaparka Rezidences covers 31 ha of well-developed territory that is a harmonic continuation of the original Mežaparks district.The concept is designed to create a closed, private, and completely developed community...
Mercury Group
Flat for 500 000 euro in Riga, Latvia
500 000 €
Flat in Riga, Latvia
4 2 4
Residence
Résidence Lumière is a magnificent Art Nouveau style architectural monument, which has been included on the UNESCO world heritage list of culture and is located at Rupniecības Street 11 in the prestigious district of Riga Quiet Centre. The bright and gorgeous Résidence Lumière was built in 1910 as per the design of the German craftsman Arthur...
Mercury Group
Flat for 400 000 euro in Riga, Latvia
400 000 €
Flat in Riga, Latvia
3 2 2
Residence
Mercury Group
Flat for 299 000 euro in Riga, Latvia
299 000 €
Flat in Riga, Latvia
3
Residence
Sunny 2 bedroom apartment constructed to the highest standard situated on a quiet residential area in the centre of Riga.Exclusive project Futuris located in the Silent centre of Riga. The Silent Centre of the Riga always have been known as district of magnificent architecture, prestige offices, luxury class apartments, foreign embassies,...
Mercury Group
Flat for 300 000 euro in Riga, Latvia
300 000 €
Flat in Riga, Latvia
3
Residence
A bright sunny apartment in an absolute prime location in the heart of Riga Old town directly across the soon to be opened Kempiski hotel. The apartment is located in Old Riga most fashionable street. This epoch style building was fully renovated in 2008. The apartment consists of 80 m2, and includes entrance, spacious a/c living room with...
Mercury Group
Flat for 710 000 euro in Riga, Latvia
710 000 €
Flat in Riga, Latvia
4
Residence
For sale is offered a luxury fully furnished apartment with panoramic views to the center of Riga. The total area of 180 sq. m. The apartment has a quality repair. It includes exclusive furniture and appliances (home theater system, 2 plasma TV set, washing machine and dryer, all kitchen appliances, dishes (glass and porcelain), bedding,...
Mercury Group
House for 580 000 euro in Riga, Latvia
580 000 €
House in Riga, Latvia
6
Residence
Mercury Group
House for 1 237 100 euro in Riga, Latvia
1 237 100 €
House in Riga, Latvia
5
Residence
Mercury Group
Flat for 266 696 euro in Riga, Latvia
266 696 €
Flat in Riga, Latvia
134 sq.m 4 3
Residence
The project is located on a landscaped area of 3955 square meters. The project is a new 7-storey apartment building, united by a glass gallery with a 4-storey building - an architectural monument made in the neo-Renaissance style. The new building has 75 apartments ranging from 50.2 m2 to 171.4 m2, located from the 2nd to the 7th floor. The...
Angel Properties
Flat for 480 000 euro in Riga, Latvia
480 000 €
Flat in Riga, Latvia
200 sq.m 4 3 2
Residence Online Viewing
For sale a bright, cozy apartment with a total area of 200 sq.m. The apartment has three isolated bedrooms, one of which has its own dressing room, a kitchen, a living room of 51.7 sq.m. with a fireplace, two bathrooms, a laundry room, a dressing room. High ceilings provide a special space. The apartment is located in the most respectable part...
VIP Real
Flat for 497 400 euro in Riga, Latvia
497 400 €
Flat in Riga, Latvia
132 sq.m 5 4 2
Residence Online Viewing
We offer for sale a cozy, spacious apartment with four bedrooms and two bathrooms in a new project "PARKER'S", in the business center of Riga. The apartment has a built-in kitchen, a spacious terrace of 22 m2. A parking space in the underground parking costs an additional 24,000 euros. The apartment is suitable according to the conditions...
VIP Real
Flat for 256 964 euro in Riga, Latvia
256 964 €
Flat in Riga, Latvia
57 sq.m 2 1 1
Residence Online Viewing
We offer for sale a cozy one-bedroom apartment on the third floor in the new project "J5 Apartments". J5 is located in the part of the city that is called the quiet center. It has all the best that the city center can give – infrastructure, prestige, convenience and culture. This is the quiet center of Riga – an island of tranquility in the...
VIP Real
Flat for 575 940 euro in Riga, Latvia
575 940 €
Flat in Riga, Latvia
127 sq.m 4 3 3
Residence Online Viewing
We offer for sale a spacious, bright apartment with three bedrooms, three bathrooms and a terrace of 11 m2, in the new project "CLUB CENTRAL RESIDENCE II", in the business center of Riga. "CLUB CENTRAL RESIDENCE II" is a unique project for the revival of the historical center of Riga, not only because of the scale and architecture, but also...
VIP Real
Flat for 247 700 euro in Riga, Latvia
247 700 €
Flat in Riga, Latvia
78 sq.m 2 1 1
Residence
We offer for sale a cozy one-bedroom apartment in Mežaparka, in the new project "Mežaparka Rezidences". "Mežaparka Rezidences" are villas, row houses and apartments of unique design. Modern architecture in a prestigious, green and well-maintained environment. The author of the concept is Andris Kronbergs, who was able to perfectly combine...
VIP Real
Flat for 451 675 euro in Riga, Latvia
451 675 €
Flat in Riga, Latvia
119 sq.m 3 2 2
Apartment for sale in a premium LOFT project at the address: Riga, Strelnieku street house on Strelnieku Street is an architectural monument with two built-up floors. Landscaped territory with a total area of 1212 m2. The ceiling height is 2.90 m. + The apartment is located in a new building of the HOFT project on the 5th floor, the total...
SIA INVESTATE
Flat for 198 480 euro in Riga, Latvia
198 480 €
Flat in Riga, Latvia
83 sq.m 3 2 2
For sale A spacious two-bedroom apartment in a fully renovated five-story building, in the very 'Heart of Riga'. +The building complex atnieka Upīša Street 10 is located in a quiet street. Only 3 minutes walk from shopping center Origo and 24-hour gym, 10 minutes walk from Old Riga and surrounding parks. It is ideal for living...
SIA INVESTATE
House for 840 000 euro in Riga, Latvia
840 000 €
House in Riga, Latvia
5 3 4
Residence
Exclusive offer in the only closed village in Riga for sale! The village is located in a picturesque place in Mezaparks, between the river Daugava and Kishezers lake, in just 8 lm from the city center and 7 km from Vecaki beach. There is a direct entrance from the village to Mezapark park. Nearby OZO golf club is situated. The village is a...
Mercury Group

At the beginning of the XX century, Riga became the center of European Art Nouveau, which forms the face of the city. In the post-war years, typical Soviet buildings spread here. There is a lot of such housing in present-day Riga, it is often unpresentable, but cheap. In the past year, such housing has grown in price in the wake of high demand.

The most prestigious areas are considered to be Old Riga and the embassy district, also known as the Quiet Center. Due to the low price of the square, you can buy an apartment there even with a limited budget. In this case, it is worth focusing on tourist rentals. Also among the best districts of Riga are usually mentioned Mezaparks, Kipsala, Zolitude, Vecaki. Good sleeping areas include Imanta, Pļavnieki, Teika, Jugla, Ziepniekkalns.

After gaining independence, modern buildings are being erected in the capital of Latvia. Construction is also underway in the center: as a rule, architects carefully fit new buildings into historical quarters, so that they look like a modern variation on the theme of the same Art Nouveau.

Also read:
How to Become a Property Owner in Latvia
Expectations and Reality in the Latvian Real Estate Market

Sources: Global Property Guide, Bloomberg|
Photos: Pixabay.com, Pexels.com

Quoting conditions of Prian.info materials

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