Europe's 2018 Property Secrets You Need Today
Financial Considerations and Market Dynamics
Despite the promising opportunities, potential investors needed to be mindful of the financial landscape. Interest rates in 2018 were relatively low, making financing options more accessible. However, investors had to navigate varying tax regimes and regulatory environments across different countries. For instance, France offered tax incentives for energy-efficient home renovations, while Spain imposed higher taxes on non-resident property owners4.
Additionally, Brexit introduced a layer of uncertainty, particularly affecting the UK property market. While some investors viewed this as a risk, others saw it as an opportunity to buy undervalued assets, especially in London, which remained a global financial hub despite the political upheaval5.