Powers vs Covid-19

After the first critical periods, it appears that the Covid-19 situation is at least clearer to scholars. And although the problems continue, it seems that to emerge victorious from this challenge, in the shortest possible time, will be Vienna and Lisbon.
But let's try to give a complete picture of the situation, analyzing in detail the current and next situation in the main cities. Both European and non-European.
So if you are curious about where and how real estate will rise more easily ... well you are in the right place.

The world real estate market is clear. There is a strong slowdown and there will be a lot in real estate for a long time. At the beginning of the year, the cities that were configured as the best, in terms of growth on the market, were Paris, Miami, Berlin and Geneva. Needless to say, this rose of potential emerging in real estate has been totally disrupted. Instead of these wonderful and particular urban realities, we currently identify Lisbon, Monaco, Vienna and Shanghai.
But in defending ourselves well from this situation, there are also other capitals.

London and Lisbon, in terms of growth, will have a 5% boost. The European market in its mid-range instead finds Berlin, Geneva, Vienna and Madrid. These cities so different from each other, will share a price increase that will oscillate between 1 and 4.9 percentage points.

Why will London stand out? Here comes the fun part. The city of Queen Elizabeth will aim high thanks to the Brexit phenomenon. Despite the fact that the situation regarding the exit from Europe has caused many uncertainties among investors, it will be precisely the exit from the EU that will allow the rapid rise in London. Ascent that will have a great impact, if we consider that in the last five years, prices have fallen by 25% less.

Lisbon will base its real estate policy on the premium price, assigned to luxury properties. Little availability but quality. A market that will involve the elite and not the mass.
Vienna will also take refuge in luxury, with an effective increase in prices even in the most standard residential.

From what we can deduce, the second home market will be the one that will recover most easily. Investors who are aiming to buy a property will probably do so in order to have the opportunity to find the perfect opportunity (in the shortest time possible) to pour their savings into a quality brick. Here is the reason why, after a maximum period of six months according to scholars, there will be a real boom in requests in the capitals. The market instead of the first houses, will tend to remain within national borders. Partly because of the absence of a complete vision of the political, social and above all health situation of a foreign country, partly to avoid making changes in a period so full of changes.

And you, will you bet on these cities to change your life?

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