The report Tendencias en el Mercado Inmobiliario en Europa, (Real Estate Market Tendencies in Europe 2017), published by PwC and the Urban Land Institute, includes a ranking with investment and development perspectives in thirty large European cities, including Madrid, Lisbon and Barcelona.
The current atmosphere of prudence in market development might explain why Germany is considered the best destination for real estate investment. Berlin is again, for the second consecutive year, considered to be the most attractive city, ahead of Hamburg, Frankfurt, Dublin and Munich. The fall of both London and Birmingham, now in 27th and 22nd position in the rankings, is important to note, as a consequence of the United Kingdom’s decision to abandon the European Union.
Lisbon, Madrid and Barcelona continue in the most attractive group – 7th, 9th and 16th positions respectively – bearing in mind that the interviews took place for the report before the Spanish Government was formed.