The Best Places to Buy Property in Europe
The property market in continental Europe has been a stalking ground for buyers from around the world for more than 100 years. Whether it be private islands, castles, manor houses, or, exquisite townhouses and apartments in cities like London, Paris, Milan, and many more, Europe remains one of the most desirable locations to buy property.
Europe’s diverse real estate markets make it an ideal playground for property investors seeking new investment opportunities, whether it be for historic charm, modern luxury, or a destination that has fewer reservations when it comes to foreign buyers.
London, United Kingdom
London is a perennial choice for property investment, offering stability, luxury, and a transparent buying process that is very welcoming to international buyers. With a wide variety of desirable neighbourhoods to live in, the likes of Mayfair, Chelsea, and Kensington cater to those seeking exclusivity and prestige among some of the city's most coveted addresses.
From Georgian townhouses to state-of-the-art penthouses, the city delivers incredible standards for modern living. Investment opportunities in London remain strong, especially in areas undergoing regeneration such as Battersea and Nine Elms. Lifestyle-wise, London is a global hub for finance, culture, and luxury shopping, with a cosmopolitan atmosphere and appeals that have led to its enduring reputation as one of the greatest cities in the world, and one of the best to invest in.
Lisbon, Portugal
Lisbon became increasingly popular among foreign buyers thanks to Portugal’s Golden Visa programme, which used to grant residency to property investors or, those transferring capital funds. The scheme has now changed, removing these stipulations as a means to being granted a visa, but the knock-on effect has supercharged the property market. The city’s historic districts, like Alfama and Baixa, offer charming apartments with traditional colourful azulejos (tiles), while the continued development of luxury properties along the waterfront is a very attractive option to new buyers wanting to invest.
Lisbon’s property market may be slowing down but still boasts high growth potential. Areas like Parque das Nações are particularly attractive for the blend of redeveloped and newly built properties. The city’s warm climate, vibrant local culture, and seaside appeal make it a top choice for investors seeking to build a portfolio in one of Europe’s most popular cities.
Kotor, Montenegro
Kotor is a picturesque town on Montenegro’s Adriatic coast, renowned for its medieval charm and stunning natural surroundings that are very reminiscent of the fjords of Norway. The Old Town has many, charming, cobblestone streets, historic buildings, and captivating views of Kotor Bay. Luxury waterfront properties and hillside villas have emerged in increasing numbers over the last decade and provide opportunities for buyers seeking exciting new investments in a rapidly changing part of Europe.
With scorching summers and very mild winters, the lifestyle in Kotor revolves around boating on the stunning coastline and a very laid-back approach to life. Whilst still a candidate for future EU membership, Montenegro offers an attractive environment for foreign investors, with straightforward property laws and no restrictions on foreign ownership. Its growing popularity as a luxury tourism destination, coupled with its tax-friendly policies, makes Kotor a hidden gem for potential buyers from around the world.
Seville, Spain
In the heart of Andalusia, Seville offers an enticing mix of historic allure and modern luxury. The city’s Moorish-inspired architecture and cobbled streets are enticingly romantic, while districts like Santa Cruz and El Arenal are home to many elegant townhouses as well as modern redevelopments. Property prices have remained steady for many years, but are noticeably less than in other Spanish cities like Madrid and Barcelona, providing excellent opportunities for investors seeking high-quality properties at competitive prices.
Seville is steeped in culture, from its flamenco performances to world-class gastronomy, combining its dual heritage between North Africa and Iberia. Bathed by the scorching sun throughout the summer, buyers will find a relaxed approach to life among the locals, where the property market continues to thrive amongst the heat and sunshine.
Nice, France
Nice is one of the standout destinations of the French Riviera, combining the relaxed, Mediterranean approach to living, with the glitz and glamour of luxurious living. The city’s property market is dominated by seafront apartments, historic villas, and chic penthouses, whilst in the foothills surrounding the city, the opportunity is rife to acquire splendid chateau residences. Areas like Mont Boron and Cimiez are particularly sought after for their prestigious homes and panoramic views of the Cote De Azur.
Property in this exclusive part of Europe remains stable, thanks to its unique social and cultural appeal around the world. Nice remains a prime destination for property investment, especially amongst the overly competitive prices in other communities along the French Riviera, such as Cannes and Monaco. Forget Monte Carlo, Nice has a unique history and character of its own, offering a rich living experience for those looking to buy property in this area.
Valletta, Malta
Malta’s capital, Valletta, is renowned for its beautiful architecture and stunning harbour views. The country’s Individual Investor Programme (IIP) makes it especially appealing to foreign buyers, offering citizenship, alongside property ownership for all successful acquisitions. Valletta’s property market features historic townhouses and high-end apartments, often with spectacular Mediterranean views, that are ideal for investment.
The island’s tax advantages offer additional incentives, and a majority English-speaking population with a strong international community boosted through year-round tourism, further enhances its appeal. Valletta offers the quintessential laid-back Mediterranean lifestyle amid a beautiful coastline, warmer climate, and a relaxed pace of living.
Vienna, Austria
Vienna is an incredibly regal city. Frequently referred to as one of the most romantic cities in the world, it is rich with opportunities for property investors. The Austrian capital boasts elegant, renaissance-style apartments, particularly in districts like Innere Stadt and Wieden. For those seeking a more modern style of living accommodation, new developments in areas like Donau City combine contemporary designed apartments with panoramic views of the River Danube, as well as the city itself and nearby mountain ranges.
Austria’s property market is known for its stability, with Vienna consistently ranked as one of the world’s most liveable cities. The city’s rich cultural heritage, world-renowned music, and art scene make it a haven for those in search of a more, refined, lifestyle. The city has modernised significantly, offering appeal to buyers looking to invest more into newer built properties but still maintaining the same level of refinement as some of the city’s classical Renaissance architecture.
There is no shortage of locations in Europe that provide a wealth of opportunities for foreign buyers, from historic capitals to emerging markets in relatively untouched cities. Each location on this list offers a unique combination of luxury, lifestyle, and investment potential when it comes to buying a property, and is only scratching the surface with the best places to buy property in Europe.