Target these European cities if you're a real estate investor in 2020s - Business Insider

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8 European cities ripe for investment in the 2020s, from a property manager who built a $1 billion portfolio

According to, the residential real estate market is forecast to stagnate in terms of prices and see a decline in transaction activities. All are indicators that a savvy investor could swoop in.

De Baets told Business Insider that while real estate investments are great opportunities to earn extra money, investors should think about long-term results, and think carefully about the locations — some cities will be more profitable than others in the long run. Madrid is the biggest city in Spain and located in the center of the country. It's well-known for its boulevards, parks like Buen Retiro, and for institutions like the Prado Museum.He says Spain's economic crisis prior to the pandemic has led to cheaper property that he believes will lift in value. "Property developers will need to offload their inventories and the property is going to be worth a lot more three years from now," he told Business Insider.

Lisbon is the biggest city in Portugal and located on the south-west coast. It features historic attractions and UNESCO heritages such as the Mosteiro dos Jerónimos.

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