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E U R O P E A N C I T Y L I V I N G
Capital investment
London and Paris, major financial centres rich with history, remain
Europe’s leading destinations for lifestyle and financial security
The world’s cities are great economic and creative hubs,
and remain prime targets for investors as well as highly
desirable places to live. More than half of the world’s
population now live in urban areas, and their size and
influence will only continue to grow.
Still Europe’s leading financial centre, the enduring
appeal of London lies in both its historical foundations
and its ability to progress and evolve. ‘People want to
come to London for its great architecture, rich history,
high-quality education and culture, and also because it
offers great personal and financial security,’ explains
Jonathan Hewlett, head of London Residential, Savills.
‘It’s a highly international city that caters for a
diverse, cosmopolitan market. The quality of its
restaurants and retail offerings is hard to beat – we haven’t
been stuck in the bowler-hatted image of yesteryear,
instead we have a seemingly inexhaustible ability to keep
finding exciting new trends or areas.’
While its elegant Georgian and Victorian garden
squares and Cubbitt and Nash-designed townhouses
remain highly sought after, Hewlett points to the ongoing
revitalisation of districts such as Notting Hill, Shoreditch
VILLA KAMPFFMEYER,
BERLIN, GERMANY
An imposing Baroque-inspired house.
Bedrooms 5 Bathrooms 8
Price POA
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EATON MANSIONS, LONDON, UK
An immaculately refurbished lateral
apartment in a popular mansion block.
Bedrooms 4 Bathrooms 4
Price £8,750,000
Contact
33 Global Property Portfolio
E U R O P E A N C I T Y L I V I N G
and Stratford, and the reinvention of historic
neighbourhoods such as Covent Garden and Mayfair’s
Mount Street, as areas to watch.
The same might be said of some districts of Paris,
a sophisticated and well-organised city also full of iconic
buildings, strong artistic and cultural roots, and great
architecture, from 17th and 18th-century mansions and
Haussmann buildings to contemporary classics from
Le Corbusier and Jean Nouvel.
A major economic hub at the centre of Europe, it is also
the world’s top Airbnb destination. ‘It’s a very compact
and walkable city, with an ethos shaped by the Latin
approach to life and its intellectual tradition,’ says Hugues
de la Morandière of Savills associate Agence Varenne. ‘Big
cities can be stressful places to live, yet historical Paris is
not; it is a wonderful collection of separate villages with
their own unique character.’
Alongside the traditionally desirable neighbourhoods
of the 1st, 4th, 6th, 7th and 8th arrondissements, younger
people are gravitating east towards the now-fashionable
11th district and the eastern suburbs, where property
prices are still more affordable.
CITIES ON
THE RISE
Four European
hubs that have
increasing appeal
Berlin:
now a leading
global tech
centre, buzzing
Berlin has
become a magnet
for European
talent and has a
growing number
of new premium
developments
Lisbon:
as a European
sunbelt capital
that offers good
value, Lisbon
is attracting
a diverse
international
buyer base
Barcelona:
offering city
living on
the beach,
Barcelona is a
well-established
tourist
destination
and growing
business hub
Dublin:
the city’s
residential prices
grew by 6% in
2016. A strong
tech sector
has made the
Irish capital’s
economy among
the fastest
growing
in Europe
SAINT GERMAIN DES PRÉS,
PARIS, FRANCE
A luxurious apartment with balcony.
Bedrooms 2 Bathrooms 2
Price 4,750,000
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SAINT GERMAIN DES PRÉS,
PARIS, FRANCE
A two-level mansion apartment.
Bedrooms 2 Bathrooms 2
Price 5,000,000
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RIVERWALK, LONDON, UK
A five-bedroom penthouse on the
north bank of the River Thames.
Bedrooms 5 Bathrooms 5.5
Price POA
Contact