Engel & Völkers
  • 3 min read
  • 03.04.2019

4 great places to buy a holiday home in Europe

Buying a house anywhere, even if it's for the relaxing pursuit of a holiday, is a financial investment. That's why you should be looking for the best place to buy a holiday home based on market trends, gathering all the information you can before investing in a property.
There are some upcoming hotspots around Europe you should be looking if you're considering a second home, combining everything you could possibly want from your holiday with a solid investment in real estate.

Spain

With its enduring appeal as a European holiday destination, buying property in Spain is one of the safest real estate investments you can make. There's a great variety of locations, from the cosmopolitan capital of Madrid to the romance and beauty of the Costa del Sol. 

To give you a point of comparison, a three-bedroom house in the Costa del Sol averages at £350,000, with an equivalent in London costing £900,000. What's more, even in Spain's most established tourist hotspots, like Majorca, it's still possible to pick up heritage properties at an extremely reasonable price.

Exclusive luxury estate collection in Bunyola

Bunyola, Spain

Exclusive luxury estate collection in Bunyola

€75,900,000

  • 29 Bedrooms
  • 32 Bathrooms
  • 5,568 m² Living area
  • 241,437 m² Plot surface
Villa Bellagio – An Architectural Masterpiece in Marbella

Sierra Blanca, Marbella, Andalusia, Spain

Villa Bellagio – An Architectural Masterpiece in Marbella

€70,000,000

  • 13 Bedrooms
  • 16 Bathrooms
  • 3,724 m² Living area
  • 14,000 m² Plot surface
"Villa Pura" exceeding perfection with 50m swim channel

Urbanización Las Brisas, Andratx, Balearic Islands, Spain

"Villa Pura" exceeding perfection with 50m swim channel

€42,500,000

  • 7 Bedrooms
  • 9 Bathrooms
  • 1,752 m² Total surface
  • 4,423 m² Plot surface
See all properties

Italy

Much like Spain, buying property in Italy offers you a wide choice of property styles and types of location in which to invest. You can choose from lakeside retreats, mountain chalets, rural villas or historic city apartments – all offering excellent value. 

The secret to Italy's enduring reputation as a holiday-home buyer's paradise is the simple but aspirational quality of life to be enjoyed there. This is thanks to its famous culture, beautiful landscapes and warm climate – all of which are firmly rooted, making property in the country a reliable investment.  

Magnificent lakefront historical estate

Blevio, Lombardy, Italy

Magnificent lakefront historical estate

Price on request

  • 15 Bedrooms
  • 15 Bathrooms
  • 1,650 m² Total surface
  • 6,250 m² Plot surface
Exquisite Elegant Villa with breathtaking views

Menaggio, Lombardy, Italy

Exquisite Elegant Villa with breathtaking views

Price on request

  • 12 Bedrooms
  • 13 Bathrooms
  • 861 m² Living area
  • 5,500 m² Plot surface
Lakeside villa with dock

Lenno, Lombardy, Italy

Lakeside villa with dock

Price on request

  • 6 Bedrooms
  • 7 Bathrooms
  • 700 m² Living area
  • 4,500 m² Plot surface
See all properties

Ireland

Ireland might be a surprising prospect, considering it enjoys cooler weather than the traditional holiday home location. But its attractions are not to be underestimated, from dramatic landscapes to characterful villages and cities full of Celtic culture. 

And with an average property price of just £125,000 you can pick up something palatial for your money in a place that continues to draw visitors from all over the world – sunshine or no sunshine.

Exceptional Coastal Residence with Stunning Harbour & Ocean Views

Rushanes, Municipal District of West Cork, County Cork, Ireland

Exceptional Coastal Residence with Stunning Harbour & Ocean Views

€1,850,000

  • 5 Bedrooms
  • 5 Bathrooms
  • 435 m² Total surface
  • 2,400 m² Plot surface
Outstanding Waterfront Property with Exceptional Harbour Views

Reenmeen East, Municipal District of West Cork, County Cork, Ireland

Outstanding Waterfront Property with Exceptional Harbour Views

€950,000

  • 3 Bedrooms
  • 2 Bathrooms
  • 150 m² Total surface
  • 8,900 m² Plot surface
Wonderful Home in the Heart of Summercove

Ardbrack, Municipal District of Bandon - Kinsale, County Cork, Ireland

Wonderful Home in the Heart of Summercove

€850,000

  • 3 Bedrooms
  • 3 Bathrooms
  • 140 m² Living area
See all properties

Malta

Surrounded by the blue waters of the Mediterranean and enjoying 250 days of sunshine a year, Malta has long been a favourite investment location for holiday homes abroad, especially for investors from cooler northern climes.

The country is actually made up of two main islands, Malta and Gozo, each with their own distinctive atmosphere, but both with modern and character properties to choose from. Of the two, Gozo is slightly quieter, with a slower pace of life and plenty of unspoilt countryside and pretty villages to explore. On Malta, on the other hand, you’ll find all the trappings of a modern tourist destination, with bars, clubs, restaurants and shopping. The coastal resorts of Sliema and St Julian’s in particular, both just north of the bustling capital Valletta, are enduringly popular locations for second homes.

So where's the best place to buy a holiday home in Europe?

When choosing where to buy a holiday home abroad, while you should reflect on your personal preferences, you should also pay attention to the market and expert property insights. It's, of course, essential to thoroughly research your chosen destination before you buy, and not simply base your real estate investment decision on a single holiday – however fantastic it was.

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