mansionglobal.com
tripadvisor.com
Despite the economic and socio-political turmoil plaguing Europe in recent times, it still stands as a bastion of great real estate development, according to London-based real estate blogger Ahmed Nashaat.
Many of the cities in Europe host and display some of the most impressive property development savvy in the world. In this blog post, Ahmed Nashaat shares four places in Europe still in the commercial real estate market today.
London
With deals of Gherkin and HSBC office towers in London, the central city of the United Kingdom has retained its title of being the world's number one supercity in real estate development. Being the most populous city in Great Britain, its potential for development is stronger than ever.
Paris
The Marriot Champs-Elysées Hotel opened recently, and it was one in the long line of high-end super hotels that have opened in the tourist capital of the world. Despite France's political and security problems in the previous decade, the number of tourists and visitors from all around the world has not dwindled significantly.
Munich
Ahmed Nashaat says that Munich, like Dusseldorf and Hamburg, has attracted multitudes of investors because of industries built on reliable and efficient technology. These are factors that corporations look at before striking real estate development deals.
Amsterdam
Speaking of important factors and massive potential, Ahmed Nashaat mentions that Amsterdam sits high above the rest of the Netherlands. Though the cost of living in the city is high, many citizens say that the city is well worth it. Amsterdam, along with Oslo and Copenhagen, has constantly been on top of "best places to live in" lists. With more people, there are more consumers and jobs, all important factors in real estate development.
What's your favorite place in Europe? Do you think investing or developing in that place is a good idea? Why or why not? Share your answers with Ahmed Nashaat in the comments section below.