Spain 
Italy 
Greece 
Portugal Among the Best Countries in Europe for Buy-to-Let Investments
28 September 2017
Portugal ranks among the best countries in Europe for buy-to-let investments. With returns surpassing those found in Spain and France, it is currently one of the best markets for people looking to invest in Europe.
According to TheMoveChannel, the leading independent international real estate website, Portugal is the second most sought-after country on the portal, while it has the ninth highest rental income on the European continent (5.64%). With returns surpassing Spain and France, it is currently one of the best markets for people looking to invest in real estate in Europe.
The term buy-to-let is becoming well-known, especially in Lisbon, where many investors are buying apartments or buildings to put them in the rental market, especially with the recent boom in local tourist accommodations.
According to the study, Switzerland has the largest number of rented homes in Europe, according to the latest official Eurostat numbers, with almost six out of ten homes occupied by tenants. Germany has the second highest number, followed by Austria and Turkey.
In the United Kingdom, tenants also account for a large part of the population. The British government, however, has recently introduced measures aimed at limiting buy-to-let investments, by the elimination of mortgage interest tax relief and a 3% surcharge on the purchase of additional properties.
Higher rental incomes in Europe can be found in Moldova, according to the Global Property Guide, with owners receiving 10% returns. Ukraine follows with 9.09%, then Montenegro (7.53%), Ireland (7.18%) and Hungary (6.42%).
Croatia and Romania rank among Europe’s top 10 rental income but have less than 10% of homes in the rental market, leaving homeowners with few opportunities to choose.
Spain has seen a boom in interest in buy-to-let investments. In fact, it has garnered the highest level of interest in Europe on TheMoveChannel.com. Overall, Spain’s average rental income is 4.7%, according to the Global Property Guide.
France ranked third in the list of the best European countries to invest in buy-to-let. Italy reached fourth place.
Turkey and Greece, however, are emerging as a favourite destination for buy-to-let in 2017, generating the fifth and sixth most indications of interest on TheMoveChannel.com.
“Whenever you look for a successful investment in buy-to-rent, location is always the most important thing to consider: is the property in a popular hotspot or a busy city? Do locals prefer to rent or buy? Will rental income be high enough to make the investment worthwhile?” Dan Johnson, director of The MoveChannel.com, advises.
Original Story: Diário Imobiliário
Translation: Richard Turner