You want to know where to invest in real estate in Europe ? The evolution of prices per square meter can give you a good indication of where to place your money.
The capitals with the biggest drops in the price per square meter
The European real estate market has recorded significant declines in some European capitals. Paris, one of the most expensive cities on the continent, stood out particularly, accusing a decline of 4.6%. This drop is more marked as we approach the center of the city.
Helsinki is even more affected, with a decline of 4.8%, which confirms a downward trend in northern European metropolises. The proximity of Russia may also explain this phenomenon.
More generally, the reasons for the drop in prices in Europe are as follows: economic tensions, credit crunch, sluggish demand, owners’ refusal to sell.
The capitals, where the price per square meter has stagnated
Not all European cities have experienced the same fate as Paris or Helsinki. For example, Berlin, Rome and Brussels showed a relative price stability over the year 2024. Some cities in France have followed the same trend. It is explained in particular by a (slightly) more favorable context, and above all, lower prices per square meter initially. To compare, the price per square meter in Rome is around €3,500 on average, while it exceeds €9,000 in Paris. Consequence: when the crisis occurs, Parisian real estate prices drop drastically while those in Rome remain stable.
-Capitals, where the price per square meter has increased
The price per square meter has also increased in some European cities. Among the latter are notably Lisbon (+7.3%) and Madrid (+3.2%). How can we explain this phenomenon? It’s simple: just like Rome, these two cities start from lower than the cities of northern Europe.
However, this is not enough to explain the extent of the price increase. We can also consider the persistent impact of “golden visas” from Southern countries, investor confidence, and the attraction (crisis or not) of Southern European cities among retirees. Factors that maintain the attractiveness of the real estate market of Portugal and Spain.
Belgium
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