In the first quarter of 2023, the value of real estate in the EU grew by only 0.8% - the lowest rate since 2014. The growth in the value of residential real estate in Europe slowed down in the first quarter of 2023, Eurostat notes. According to the data, the cost of housing in the European Union rose by only 0.8%. These figures are the lowest since 2014. The largest increase in property prices was recorded in Croatia, Lithuania and Bulgaria. However, the trend was reversed in six countries, with house prices falling in Sweden, Germany, Denmark, Finland, Luxembourg and the Netherlands.
How real estate prices have changed in 2023: Eurostat data
For 13 years, the value of real estate in the EU as a whole has increased by 45.9%. At the same time, the growth in prices for rental housing remains stable: since 2010, rents have increased by an average of 20.3%. In the first quarter of 2023, there was a 2.9% increase in rental prices in the region. It is worth noting that the Eurostat index is an average indicator of the value of real estate in all countries of the region. Prices for residential properties may vary in different countries depending on their type and location. Therefore, even with the negative dynamics of the real estate market, some objects may still grow in price.
Properties in Portugal
€ 1 020 000
Apartment, For sale
ID: PT-175-163050
Portugal, Algarve, Lagos
€ 890 000
Apartment, For sale
ID: PT-175-119025
Portugal, Porto Metropolitan Area (North Region), Matosinhos
€ 735 000
Apartment, For sale
ID: PT-175-119024
Portugal, Porto Metropolitan Area (North Region), Matosinhos
€ 1 250 000
Mansion, castle, estate, For sale
ID: PT-175-119019
Portugal, Porto Metropolitan Area (North Region), Vila Flor
€ 2 800 000
Mansion, castle, estate, For sale
ID: PT-175-119018
Portugal, Porto Metropolitan Area (North Region), Barcelos
€ 750 000
Investment project, For sale
ID: PT-175-119017
Portugal, Porto Metropolitan Area (North Region), Porto
Special offers of real estate abroad
- upon request
- Penthouse, For sale
- ID: CY-193-98877
- Cyprus, Limassol, Limassol Coastal road
Luxury residence for sale in Cyprus
- upon request
- Apartment, For sale
- ID: LV-163139
- Latvia, Jurmala and region, Bulduri
Unique apartment at the sea side in Jurmala – worse to see.
- € 2 150 000
- House, For sale
- ID: LV-77877
- Latvia, Jurmala and region, Bulduri
For sale luxury villa near the sea in Jurmala
- upon request
- Commercial apartment building, For sale
- ID: LV-143885
- Latvia, Riga, Centre
For sale Exclusive Household in the center of Riga
- € 399 000
- Apartment, For sale
- ID: TH-245-157230
- Thailand, Phuket, Bang Tao
1-Bedroom Luxury Apartment with Private Garden and Jacuzzi near the ocean – 82 sqm of Eco-Friendly and Wellness-Focused Living
- upon request
- House, For sale
- ID: LV-1529
- Latvia, Jurmala and region, Asari
Feel atmosphere of the Baltic sea resort! Private scandinavian style house for sale in Jurmala.
- € 800 000
- Apartment, For sale
- ID: LV-163935
- Latvia, Riga, Centre
Dreaming of living in a brand new premium townhouse overlooking a park with a pond in the very center of Riga?
- € 550 000
- House, For sale
- ID: ME-103-100396
- Montenegro, Budva riviera, Krimovica
Two new villas in Krimovice
- upon request
- Apartment, For sale
- ID: OW-OAE-133859
- UAE, Dubai, Business Bay
Beautiful apartment in one of the top buildings by premium developer Select Group called the Edge.
