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Europe - Property market overview
We continually look for property markets that offer opportunities for medium and
long term investment. As part of this work we undertake research on
different areas across Europe.
This type of research is based on trawling through the net to find views and
analysis. we share this on our web pages. The information will
give you an overview on different countries and help to illustrate why we have
chosen specific development opportunities at this time.
We undertake more detailed, customized and "on the ground analysis", this
information is shared on a consultancy basis with our customer's.
We currently have the following reports on our site:
Croatia
property :
The Istria region of Croatia is our pick for 2010.
Stable economy with developed infrastructure. Very
accessible by air and car. A more careful approach is being taken to development
to retain the charm and beauty of the country. It has weathered the slow down well. Property is still good value compared to it's neighbours.
Good potential for capital appreciation and strong rental yields exist. No
mortgage market exists at this time, this will develop and it will improve
market liquidity and values.
EU accession is expected in the next few years.
Slovakia
property:
Current Hold.
Slovakia, and Bratislava
has a shortage of housing stock, supporting good rental yields.
Property here is a hold while the economy direction becomes clearer.
Bulgaria
property:
The "new Spain" pick location and property type carefully.
Bulgaria is often likened to Spain in it’s
approach to development. It is focused on large
scale tourism and has shown the same problems as spain in the last few years. Buyers need to be very careful to pick the right locations and properties, at the right price, as there
are issues of over supply in specific areas and markets.
Hungary
property : A more mature property market, lower
upside opportunity.
Hungary is already a member of the EU. The property
market took off earlier than many of it’s neighbours and has seen significant
increases before the turn down. Little opportunity at this time.
Montenegro
property:
One to watch for the future
Montenegro has potential for capital
appreciation and attractive rental yields, once the world economy picks up. It's location and unspoilt
countryside and towns will continue to attract growing numbers of tourists.
At this time it is a higher risk investment due to the less stable economy, lack
of support infrastructure and large black market.
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