For those interested in owning rental residential property in desirable locations in Europe without spending a fortune, Live and Invest Overseas, a newsletter for investment and retirement overseas, has selected the top 10 places that are affordable and attractive.
The organization (www.liveandinvestoverseas.com) looked at one- and two-bedroom apartments in ready-to-move-in condition in attractive areas.
“Diversifying your portfolio into euro-valued real estate is a better idea right now than it has been in more than a decade,” said Kathleen Peddicord, author and publisher of Live and Invest Overseas. “The dollar is close to par with the euro, providing U.S. dollar holders with more purchasing power than they’ve had in euro-land since the year 2003.”
Following are the best European places to invest your real estate dollar and some of the reasons the areas were chosen, with the most affordable listed last. The publication noted that the price for apartment units in Paris runs at $14,724 per square meter; in Monaco, it's $38,369 per square meter.