Europe’s 2020 Property Buying Goldmine Revealed Today
Why 2020 is the Year to Invest
Several factors make 2020 an ideal year to invest in European real estate. Firstly, the European Central Bank has maintained low interest rates, making borrowing more affordable for property buyers1. Additionally, the global economic climate has led to favorable currency exchange rates for international buyers, particularly those from the United States and the UK2.
Moreover, the COVID-19 pandemic has prompted a shift in property preferences, with more buyers seeking spacious homes in suburban and rural areas. This trend has opened up new opportunities in previously overlooked regions, where property prices remain relatively low but are expected to rise as demand increases3.