Check below the European Union capitals square meter price rank in 2018
Looking to buy real estate in the European Union? Perhaps just considering relocating or curious about how your city ranks in the bloc? Check below the ranking of the most and least expensive square meters prices in EU capitals in 2018.
European Union Capitals Square Meter Price: Overview
The European Union is one of the most dynamic and definitely the most diverse bloc of countries in the world. While in some EU capitals the influx of people, both domestic and international continues to break records year after year, in other capitals emigration and cheap living is a constant reality.
The different economic realities across the bloc reflect in high contrast among European real estate markets. The price per square meter in some EU capitals can be as even 10 times higher than in others, as in the comparison between Sofia, Bulgaria and London.
The overall trend for markets is of price increases. Many EU countries had an important square meter price growth during the past year. Prague and Lisbon have some of the highest growth among EU capitals in 2018.
European Union Capitals Square Meter Price: Map
Below we have a map featuring each one of the current 28 European Union capitals and their price per square meter as of 2018.
Click on each city to see its price per square meter.
Most Expensive EU Capitals
Currently, the three most expensive capitals in the European are London, Paris and Luxembourg, in that order. The rank will tend to remain so, at least until the UK continues in the EU.
Despite the Brexit, London is still a highly attractive city for both companies and individuals across the continent. Relatively low taxes and bureaucracy compared to the EU average, attractive salaries and the English language are some of the main factors keeping prices high in the British capital. Check our post on the cost of living in London for more information.
Paris is the second in the list. The French capital is home to most of the countries multinational headquarters, and the career prospects in the city are way above the average for France. The city’s tourism vocation also pushes real estate valuation in Paris. Check the average and minimum salary in Paris to understand better the economic realities of the French capital.
Luxembourg takes the third place in the list. Low taxes, high salaries and a highly developed banking industry are some of the forces behind its high real estate prices. Check our Luxembourg guide if you are considering moving to the country.
Cheapest EU Capitals
At the other end of the spectrum, it is still possible to buy or rent property in some of EU capitals for highly attractive prices. Cities like Sofia, Bucharest and Riga have a good infrastructure and a decent quality of life, however, prices are still way below the average in the continent.
Average Price per Square Meter in EU Capitals country list:
|Average Square Meter Price in euros
|Luxembourg City, Luxembourg
|Prague, Czech Rep.
Another interesting phenomenon in the continent are European real estate crowdfunding platforms. In many of these platforms you can invest very small amounts of money and earn rental income, mortgage repayments and interest on development projects. It is a good alternative if you want to diversify your portfolio without investing much.
Are you living in an European Union capital? What is your perception of your city’s square meter price compared to other capitals throughout the continent? Leave your thoughts and questions in the comment box below: