The pandemic has altered many things in our lives, and it certainly has changed the investment strategies of property buyers—what with where we spend time, where we live and where we work all merging into one location.
The European property markets, as with most others, which have for the most part of 2020 been fuelled by domestic interest due to lockdowns, are now attracting international interest for the same reasons. With the increased levels of flexibility afforded by the new normal, the concept of home is being taken over by the desire to have a quality way of life. These have been the biggest drivers of the international markets.
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“Now more than ever, buyers are looking for liquid assets, but are also really engaging with finding a property that matches modern needs—the quality, location, and the view. Buyers want to ensure their investment is more fluid and that their asset is highly desirable, making it very easy to rent out or sell,” says Oliver Banks, senior negotiator of international residential developments at real estate consultancy firm Knight Frank.
Here are the key European cities that have been topping the list of international investors.
See also: The European Union is Planning to Open Borders to Vaccinated Tourists in June 2021