Northern European Cities Move Toward the Future

Cities in Northern Europe have managed to escape the real estate crisis that has hit many cities around the globe. This favorable fact has allowed these northern metropolises to advance with the modernization of urban areas, with access to the most innovative technology, giving way to improved eco-friendly conditions.

Northern European Cities Move Toward the Future

MIPIM (Le marché international des professionnels de l’immobilier) the leading international property event for property professionals has been investigating the progress of real estate for the past 23 years. This year’s theme in Cannes was “The city of the future”. MIPIM considers the productive changes taken place in these “future cities”, taking into account the value of property and its validity for investments.

Northern European Cities Move Toward the Future

Needless to say London falls into this category, ahead of the spectrum along with Paris. Both cities are equally popular for buying real estate, without being limited to just residential real estate. Italians, along with Russians, are amongst the most steady buyers.

Northern European Cities Move Toward the Future

Following in this list , as the most modern and above all intriguing cities for their ongoing progress are Moscow and Istanbul. These cities, like Monaco, Stockholm, Berlin, and Amsterdam, have conquered positions thanks to the development in technology. Prestigious real estate in Amsterdam is a particularly active and transparent market. Despite the fact that the global sector has suffered in the past months, today real estate prices range from 2,300 to 3,750 euro per square meter.

Northern European Cities Move Toward the Future

The capital of Turkey is particularly peculiar as it is suspended between the East and the West. However, it is continuing to grow, with the high-end real estate market in Istanbul drawn by offices and shopping centers. Edinburg, Dublin, Oslo and Frankfort follow. The Republic of Ireland’s capital has recently seen an increase in lease prices, which are the highest in Europe, but which investors watch with a careful eye.

Northern European Cities Move Toward the Future

Oslo and Stockholm have registered an increase due to the innovation in technology, associated with an elevated consideration for green thinking. The Swedish capital is a perfect example of recycling efficiency that manages energy and transport in an eco-friendly way, by the use of bicycles and public transport. Needless to say, Italy does not classify.

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