Despite earlier crises the European real estate market has been strong in recent years. What does that mean for buying property in Europe?
International investors are still bullish about prospects, driving further growth in several European property markets. Even in the UK, despite much post-Brexit uncertainty, big cities such as London and Birmingham remain on an upward trajectory. So what does this mean if you’re looking to buy a property in Europe, and what return can you expect?
Why are real estate investors still flocking to Europe?
Just a few years ago, everyone was predicting the end of Europe, especially the end of continental Europe. But we have still seen ever-increasing property prices as investors flock to the markets; Berlin, Lisbon, Dublin, Rotterdam, and Zagreb are among the European cities experiencing high levels of growth. This is good news for wealthy investors, but brings challenges for those less well-off and first-time buyers.
Real Estate Credit Investments Limited (LON:RECI) is a closed-end investment company that specialises in European real estate credit markets. Their primary objective is to provide attractive and stable returns to their shareholders, mainly in the form of quarterly dividends, by exposing them to a diversified portfolio of real estate credit investments.