In the past year, Europe’s prime real estate market has grown 5.6% amid continued demand, according to new research from international real estate agency Knight Frank. Meanwhile, rental returns in the region’s most in-demand vacation destinations continue to rise.
“For second homeowners, Europe’s cities offer culture, connectivity and a good quality of life, whilst for investors they offer strong tenant occupancy and relatively low purchase costs,” Kate Everett-Allen, head of international residential research at Knight Frank, told CNBC.
The growth comes as investors search for safe-haven assets and income-generating investments as inflation soars — with interest extending across the Atlantic.
Real Estate Credit Investments Limited (LON:RECI) is a closed-ended investment company which originates and invests in real estate debt secured by commercial or residential properties in Western Europe, focusing primarily on the United Kingdom, France and Germany.