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Deloitte Property Index 2016
Overview of European Residential Markets
Property Index is a comparative report regarding residential markets and housing across Europe. It analyses factors influencing the development of residential markets and compares residential property prices in selected (not only) European countries and cities.
This year we are answering the question: “What size of dwelling can you buy for EUR 200,000?” This allows for observation and comparison of residential markets with a new perspective.
Fifth edition of the Deloitte Property Index
We are pleased to provide you with our fifth edition of the Deloitte Property Index, a comparative report regarding residential markets and housing across Europe. It analyses factors influencing the development of residential markets and compares residential property prices in selected European countries and cities.
What size of dwelling can Europeans buy for EUR 200,000?
This year’s Property Index focuses on the average size of a property that can be purchased for EUR 200,000. Our research shows that the farther east a country is located, the lower real estate prices are. Spain and Portugal are also relatively affordable countries. In Hungary, Poland and Portugal a budget of EUR 200,000 will on average get you a dwelling of approximately 200 m². In the UK and France it will only get you 39 m² and 50 m². Belgium is in the middle of the pack, alongside neighbouring countries Germany and the Netherlands, with a surface of approximately 100 m². On a city level, the differences are even more significant. In Inner London, a budget of EUR 200,000 will only get you 11 m², compared to 69 m² in Brussels and almost 80 m² in Antwerp and Ghent.
Deloitte Real Estate
The real estate industry practice is core to the sectorial activities of Deloitte in Belgium and Europe. Real estate is everywhere. Competition and ever-changing business conditions require the most effective real estate solutions. Our Deloitte Real Estate & Construction industry group redefines the concept of a full-service real estate business, offering a breadth of capability and an innovative approach unequalled in the market.
Did you know that:
- the further a country is located in Eastern Europe, the lower real estate prices are?
- you might acquire a dwelling of 200m² in Hungary, Poland and Portugal for EUR 200,000, whereas, in the UK and France you can buy only 39m² and 50m²?
- for EUR 200,000 you can buy only 11m² of dwelling in Central London, 85m² in Tallinn, 92m² in Riga and 121m² in Vilnius?