For those who are interested in long term investments and in purchasing a property as a buy-to-let, Mercury Group Luxury Estate offers several countries where you can do this and receive a better income with the highest returns.
The advantages of buy-to-let
In order to analyse the market and choose where you should buy a property in order to let it, first we should look at the advantages
Advantages:
Buy-to-let is considered to be a secure long term investment. Although property prices fluctuate over the years, depending on the political and economical situation in country, at some point over the long term they should increase. Good things come to those who wait. Therefore, if you have bought a property and you have noticed that prices in the real estate market have dropped, do not panic. In several years they will definitely return to their initial price and rise further. The luxury real estate market is considered to be more conservative in this regard.
Secondly, if you have bought a property in a neverending-summer country, then you will definitely find short-term tenants who will want to go there for a vacation. There are occasions when people do not want to stay in a hotel, they want some privacy, or there is no vacant accommodation in the vicinity. Therefore, becoming an owner of a nicely located and beautiful apartment or villa may become your best opportunity to earn a profit. The same can be said of chalets and cottages in mountain ski resorts.
Thirdly, renting out your property to tenants, who will pay your mortgage for you and also provide some extra income, is the key to a successful buy-to-let investment. If you take advantage of a low buy-to-let mortgage rate you could increase your profit even further, as your monthly payments will be lower.
Fourthly, renting a property is a popular lifestyle trend. Some people like to explore other countries and for them renting an apartment is a convenient option. Also, locals may be interested in renting on a long-term basis, either because they do not have the money to buy their own house or apartment, or they prefer to live in superior accommodation and pay rent instead of living in a flat or house they do not like. This trend is certainly an advantage for those who can afford buy-to-let properties as there is less chance of experiencing void periods in your letting. However, if a unit remains unoccupied, the loss of rental income during that period of time could be outweighed by long-term appreciation of the property.
Finally, investors can benefit from finding reliable, long-term tenants, ensuring that they will receive a steady and predictable source of income.
A list of European countries with an average yield to help you decide:
- Netherlands (EUR) - 6.57% (Average Yield)
- Belgium (EUR) - 6.47%
- Portugal (EUR) - 6.29%
- Hungary (HUF) - 6.21%
- Turkey (TRY) - 6.13%
- Slovakia (EUR) - 6.07%
- Bulgaria (BGN) - 5.99%
- Malta (EUR) - 5.90%
- Cyprus (EUR) - 5.41%
- Ireland (EUR) - 5.34%
- Denmark (DKK) - 5.16%
- Latvia (EUR) - 5.07%
- Romania (RON) - 5.06%
- Poland (PLN) - 4.98%
- Spain (EUR) - 4.96%
- Greece (EUR) - 4.51%
- Luxembourg (EUR) - 4.48%
- Lithuania (EUR) - 4.43%
- Finland (EUR) - 4.31%
- UK (GBP) - 4.28%
- Germany (EUR) - 4.23%
- Estonia (EUR) - 4.21%
- Slovenia (EUR) - 4.09%
- Austria (EUR) - 3.89%
- Croatia (HRK) - 3.58%
- Italy (EUR) - 3.55%
- France (EUR) - 3.22%
- Sweden (SEK) - 2.88%
- Czech Republic (CZK) - 4.69%
Special offers of real estate abroad
- € 1 750 000
- Chalet, For sale
- ID: ES-88-151827
- Spain, Girona
Villa for sale with private pool in Calella de Palafrugell
- upon request
- Penthouse, For sale
- ID: CY-193-98877
- Cyprus, Limassol, Limassol Coastal road
Luxury residence for sale in Cyprus
- € 870 000
- Apartment, For sale
- ID: LV-155762
- Latvia, Jurmala and region, Dzintari
For sale apartment in new residential complex in the centre of Jurmala...
- 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.
- € 426 000
- Apartment, For sale
- ID: TH-245-157216
- Thailand, Phuket, Bang Tao
Luxury 2-Bedroom Apartment in Iconic Bang Tao Resort Condominium – 100 sqm with Exceptional Amenities
- upon request
- Commercial apartment building, For sale
- ID: LV-143885
- Latvia, Riga, Centre
For sale Exclusive Household in the center of Riga
- € 1 900 000
- Hotel, For sale
- ID: LV-30643
- Latvia, Jurmala and region, Majori
Hotel development for sale in the Centre of Jurmala!
- € 5 800 000
- House, For sale
- ID: ES-88-119673
- Spain, Costa Brava, Sant Feliu de Guixols
Spectacular contemporary villa, located in one of the most luxurious residential areas of the Costa Brava, Punta Brava in Sant Feliu de Guíxols.
- € 1 515 000
- House, For sale
- ID: TH-245-157231
- Thailand, Phuket, Bang Tao
Luxurious 4-Bedroom Villa on the Front Line of Layan Beach