In Europe expensive real estate: how prices have changed in 2018

How has real estate prices in countries of the European Union in the third quarter of 2018.

The data about what were the dynamics of housing prices in the EU, announced Eurostat.

In the third quarter of 2018 compared to the same period in 2017 the average cost of houses and apartments in the EU rose by 1.5%. Overall for the year, housing prices in the EU jumped by 4.3 percent.

For the third quarter of last year, the highest growth of prices per square meter were recorded in Slovenia (+15,1%).

In the three of leaders on rates of growth in property prices was also the Netherlands (+10.2 per cent) and Ireland (+9.1 per cent).

Depreciated property only in Sweden (of-2.1%) and Italy (-0,8%).

Compared with the second quarter of 2018, the highest growth in cost per square meter was recorded in the already mentioned Netherlands (+3,3%), Malta (+3.1 percent) and Croatia (+2.8 percent).

As at the end of 2018 for the year, housing prices around the world more rapidly growing in Malta.

For example, the apartment area of 70 square meters in the Maltese resort town of St Julian’s, close to the capital Valletta, as of the end of January 2018 can be purchased for 245 thousand euros.

The apartment in Malta can be bought for 245 thousand euros

For comparison, a two-bedroom apartment with an area of 91 square meter in the popular Spanish city of Alicante can be purchased for 12 euros.

Apartment in the resort Spanish city of Alicante can be bought for 12 thousand euros

see also:

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  • 27 Dec

    Property in Spain: foreigners have set a new record


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