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12 Countries With The Cheapest Property In Europe

Buying property can be a great way to diversify your portfolio, and get a good return on investment. However, property prices in Europe can vary massively from country to country – with some countries having property that is much cheaper than others. In this blog post we will show you 12 of the cheapest property markets in Europe so you don’t need to do it alone when deciding where to invest!


Property in Bulgaria is some of the cheapest in Europe, with an average price of just £14,000. This makes it a great location for property investment, as you can get a lot for your money. One of the most popular property investment destinations in Europe, Bulgaria offers investors everything from ski resorts and coastal towns to vibrant city centres. While there have been some concerns about the political stability within the country, these have subsided following elections this year, which saw pro-EU parties voted back into power, so expats could look to invest with more confidence.


Another great option for property investment is Romania. With prices averaging at just £18,600, it offers investors good value for money. However, it’s important to remember that prices can vary greatly from city to city – Bucharest properties cost around twice as much as those in rural areas. Furthermore, its economy has grown over recent years and property prices are likely to rise as a result, but they still remain low compared to other European properties. The country has been seeing increasing interest from property investors recently due to the favourable prices and good returns on investment that can be achieved there. However, it’s worth noting that the property market here is still quite volatile, so do your research before investing.


Latvia has a similar story to Bulgaria and Romania – property is cheap (average price of £19,000) and offers great value for money, but it may not be the most stable investment choice. That said, this Baltic state has been enjoying a property boom in recent years and is now considered one of Europe’s most promising investment destinations. The market is still relatively new, so there are plenty of opportunities to get in at an early stage. On the other hand, rental yields are also attractive here, with returns typically reaching around six percent so it could be a good option if you’re looking for long-term investment property.


The country has an in-depth property market, with the average property price being around £20,000. However, investors should be aware that this region faces significant political risks which can affect property values. That said, if you’re looking for property investment opportunities with high yields, Ukraine could be a great choice, due largely to the high demand for apartments built after the fall of communism as well as current low property prices.


Poland is another country with cheap property – with an average price of £20,000 you can pick up a bargain here – especially when you consider that rental yields typically stand at around six percent. The country has seen impressive GDP growth over the last 20 years, meaning property prices are likely to continue rising. Unlike some of the other Eastern European countries, the property market in Poland is generally considered stable and the economy has grown consistently over a sustained period.


Turkish property has become increasingly popular in recent years, and it’s not hard to see why. With an average price of £24,100, it’s more expensive than some of the other options on this list, but property prices are predicted to rise even further. This is mainly fuelled by the country’s growing economy and its increasing tourist numbers.


Another Mediterranean country is Malta, where property costs an average of £24,300. This has led to many British expats choosing the island as their retirement destination; property there is often much cheaper than in the UK. The Maltese property market is considered to be quite stable and property prices are predicted to rise due to increasing tourism.


Croat property is cheaper than property in Turkey or Malta at £21,800 on average, but still more expensive than the other countries on this list. However, property there has been increasing in value since 2010 and it’s likely that property values will continue to rise over the next few years. It’s a great place for Britons looking to escape their property woes back home by moving abroad permanently without breaking the bank – probably because they’ve got some of Europe’s cheapest property!


Estonia is one of the most up-and-coming property investment destinations in Europe at the moment. The average property price here is a little higher than some of the other countries on this list, coming in at £27,000, but it still represents great value for money when compared to other European countries. Rental yields are also impressive in Estonia, making it an attractive option for investors.


While property prices in Lithuania are slightly higher than other countries on this list (£30,000 average), you can still expect to see solid returns should you decide to invest here. Lithuanian property has similar characteristics to that of its Baltic neighbours – low entry points and good rental rates – although it is the most expensive country on our list by some distance. However, if your budget stretches further, then there could definitely be value for money within the Lithuanian real estate market.


While property in Belarus is significantly lower than in the rest of Europe, there are some major caveats to this. Firstly, it’s worth bearing in mind that property prices are only low because the economy has been crippled by sanctions from Western nations following political disagreements with Russia – property investors should be aware that doing business here could become increasingly difficult if relations between these countries deteriorate further. Secondly, even though property prices are relatively low when compared to other European nations (at around £20k average), they’re substantially more expensive than its neighbours and surrounding regions, which implies a higher risk for potential buyers: although you can still expect solid returns on investment within Belarusian real estate market, buying property here might not quite provide value for money as in other European countries.


At an average property price of £16,000, Moldova is one of the cheapest countries in Europe to buy property. Located in Eastern Europe and bordering Romania and Ukraine, it offers a favourable climate and a wide range of properties on offer – from city apartments to rural homes. However, investors should be aware that doing business here could become increasingly difficult if relations between these countries deteriorate further.

All in all, property investment in Europe offers a variety of options, with each country having its own unique benefits and drawbacks. It is important to do your research before investing to make sure you are getting the best value for money.

One Comment

  1. cynthia cynthia September 2, 2022

    can you help me find a property with that cost in Malta, please?

    Thanks forward for your help

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