Globetrotting Trends: A Look at Select International Markets
A recent Coldwell Banker release summarizes the real estate landscape of 5 European markets.
Do you dream of a owning a piece of Europe? Perhaps a Spanish villa, a French farmhouse, or an Austrian chalet?
There’s no denying that there’s nothing more universal than the idea of home. As a global real estate company, Coldwell Banker recently published a release that spotlights housing trends in five international markets, including Barcelona, Berlin, Bucharest, Malta and Rome.
With a look at market trends, foreign buyers and price points for luxury, move up and entry level properties, the report paints a rather positive picture of the European real estate landscape. See the complete release on coldwellbanker.com.
Let’s take a quick trip to Europe, shall we? First stop, Barcelona and then a puddle jump to Rome.
Spain’s second largest city is also one of the most visited, with over 1 million visitors a week–and for good reason. Named by National Geographic as the #1 Best Beach City, Barcelona offers both visitors and residents the best of both worlds: the hustle-bustle of city life and white-sandy shoreline.
According to the Coldwell Banker International Markets release, the real estate market in Barcelona is “on the road to economic recovery.” The unique charm of Barcelona attracts most foreign buyers from the U.K., France and Germany, with the U.S. making up only 3% of international buyers.
It’s easy to see why U.K. buyers might feel right at home with magnificent town homes like the gem below that boasts traditional English-style architecture dating back to 1864. This $2.28 million home, situated in the heart of the Golden square of the Eixample, offers tranquility in the middle of a bustling city, and the 47 square meter garden offers a serene respite from city life.
One of Europe’s most ancient cities, Rome is known for its architectural wonders and cultural delights. According to the Coldwell Banker International Markets release, the Roman market is “seeing positive signs after seven years of real estate sales contraction.”
Paris may be the city of love, but Rome is the very charming Italian mistress, attracting foreign buyers from European neighboring countries as well as the U.S. and China. Interestingly, Russian buyers make up the largest segment of foreign buyers at 12% overall.
Properties like this $2.4 million apartment, located within walking distance of piazza Fiume, offer international buyers classic Italian glamour married with modern design. This 3443 square foot residence set in an elegant period building features magnificent city views from a private rooftop deck.
Ready to make that dream of a European landing pad a reality?
Visit coldwellbanker.com to search for homes across the globe.