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Europe is becoming an increasingly attractive market for the "super-rich," especially due to significant infrastructure developments in European capitals and beyond, fueling strong tourism. There are many good reasons to invest in luxury real estate in Europe: to live there, to have a second home for short or long vacations, or to rent them out.
Europe as a whole has invested heavily in transportation and infrastructure, making travel within the continent much easier. The European luxury real estate market is booming and shows no signs of slowing down; one just needs to identify the most suitable area to invest.
Where to buy luxury real estate in Europe?
Paris, with its romantic and nostalgic charm, remains one of the favorite cities for investment in luxury real estate. For those looking to buy luxury homes for rental purposes, this is the ideal time, considering that the 2024 Olympics will attract a huge influx of enthusiasts and tourists. The luxury real estate market in Lyon is also picking up, although it is unlikely to surpass the Paris market.
The United Kingdom, with its diverse landscapes, attracts many investors as well. There was a period of chaos after Brexit, but after a few turbulent years, the situation has stabilized, and the demand for properties, especially luxury properties in London, has regained momentum. Additionally, the UK has invested heavily in high-speed rail projects, making it easier to reach rural and suburban areas where magnificent luxury villas are located. In smaller cities easily accessible by train from London, it is easy to find luxury properties that are less expensive but with very spacious layouts.
The luxury real estate market in Germany is particularly dynamic at the moment, with real estate investments on the rise. There has been a true boom in the luxury home rental market in Germany in recent months, especially in cities like Berlin, Munich, and Hamburg, which also offer a lot from a tourist attraction perspective.
