A recent study in the sector has identified the current European outlook for the most competitive cities with regards to real estate prices by analyzing a mid to long-term perspective.
The results which have emerged from this survey have been very clear: excluding London which unsurprisingly achieved the record as the most attractive European city, the real surprises have been Berlin, Vienna and Amsterdam. These cities represent the big cities that should be watched out for when purchasing a second home or an apartment to lease for extra income.
Vienna for example, is a city that has recently shown growth in this sense, thanks to the important steps forward taken in infrastructure and security, an ever more influential element which is greatly taken into consideration in the buying and selling of real estate.
In the Austrian capital, where the medium price per square meter in the more chic areas tends to be around 8,500 euro, there are two main areas with a positive real estate trend: the central area of Josefstadt and Dobling, mainly associated with families.
Amsterdam is also a very interesting city to live and invest in. In particular the renowned neighborhood Jordaan, characterized by its long narrow streets along the canal, registering a strong growth in its demand.
Finally Berlin is considered as one of the most attractive marketplaces, both by private investors and institutional investors, thanks to the overall development of the city, the positive economic trend that distinguishes it and the real estate prices which respect the European average of today with excellent prospects for an increase in value.
