List of the best cities to buy real estate

How to understand in which country's real estate to invest in order to expand your portfolio? Let's make it simpler and provide you with a ready list of the most attractive cities, where buying an apartment or a house will definitely not disappoint even the most demanding investor. Eight top locations for every taste 👇

List of cities where you would like to invest

8️⃣ Sydney, Australia 🇦🇺

Many investors are reluctant to approach Australia due to the abundance of creeping reptiles and octopod insects. We admit honestly that such neighbors also deter us, but we are willing to sacrifice for the sake of opportunities. Sydney confidently tops our list of best cities for investment because it combines three main advantages:

1. High quality of life. Australia often appears in the rating of the happiest countries in leading positions. It offers its residents an excellent healthcare system, developed infrastructure, well-thought-out transportation network, low crime rate. Essentially, these are the main factors that determine the happiness and comfort of city dwellers. It is worth adding a rich cultural program and delicious cuisine to this, so that you completely forget about hairy spider legs.
2. Economic stability. Australia's diversified economy is based on real estate, education, financial services, and, of course, tourism. Stable development has been ongoing for over a decade, with New South Wales at its center, accounting for 30% of the country's GDP. Speaking of real estate, it is worth noting that prices are steadily increasing, with the highest demand for coastal villas and suburbs.
3. External appeal. The Sydney Opera House is known to everyone, but it is not the only thing that embellishes the city. Beautiful modern architecture coexists with lush nature. In the city you will find national parks, the famous Blue Mountains, and more than 70 beaches. Here you can enjoy ecotourism and resorts. Sydney has a mild Mediterranean climate all year round, so you don't have to wait for summer to feel alive and finally engage in outdoor activities.

💰 Average property price: £610,600

Rental yield: 2.87%

7️⃣ Shanghai, China 🇨🇳

In China, officially lives the most hardworking nation, so people come here not to relax, but to develop themselves. Your real estate will definitely not lack tenants, and with good profitability. And all because Shanghai can boast of such qualities:

1. Financial center status. Shanghai is a financial center not only in its country, but on a large scale. The largest companies are concentrated here and the stock exchange operates continuously. The overall level of the financial sector affects the wealth of the city's residents and their demands, which is why housing is particularly popular in the market of premium segment.
2. Thriving economy. Shanghai is the most populous city in China. Of course, the demand for real estate here never decreases. Everyone strives to find their niche in the metropolis, so they are willing to pay for it with their money and efforts at work.
3. Multinationality. Residents and tourists almost merge into one, so Shanghai adopts the customs of its temporary guests, many of whom aspire to become permanent. Here abound cuisines from all over the world, the nightlife is bustling, and art combines traditions with innovations.

💰 Average property price: £4,091 per square meter

Rental yield: 5.4-7%

6️⃣ Dubai, UAE 🇦🇪

Dubai, like no other city, welcomes foreign investors. It creates the most comfortable conditions for them, as the development of the city and maintaining its status as the most expensive metropolis in the world directly depends on the investments made. The capital of luxury offers its guests:

1. Developed infrastructure. Tall skyscrapers, low-rise villas, business centers, shopping districts - all these diverse and different components of Dubai are skillfully connected by well-thought-out transportation network, consisting of roads for cars, bus routes, and metro lines. Each individual district has a full range of amenities for all aspects of life.
2. A stable economy. Continuous economic development focused on tourism, trade, and real estate sectors, as well as being tied to the US dollar exchange rate, make investments profitable and protect them from unforeseen risks.
3. High profitability. It is worth choosing the right area and property, and you will never need anything else because in some locations the profitability reaches a record high of 10%, which others can only dream of in other countries.
4. Taxes for investors. They simply do not exist. You will not have to pay tax on your income, wealth, and capital gains. No one will require you to go through financial monitoring. Friendly Dubai will not stick his nose into other people's business, but will warmly offer you to become a part of his community and obtain resident status when purchasing real estate for a certain amount.

💰 Average real estate price: $4,000 per square meter

Rental yield: 2.22-8.76%

5️⃣ Tokyo, Japan 🇯🇵

Cherry blossom blooming, as well as good profitability, will delight every real estate investor in the Japanese capital. Colorful Tokyo sharply differs from typical Ukrainian cities, but that's where its attractiveness lies. It is also concentrated in more substantial factors:

1. Economic stability. The economy of Tokyo is the third largest in the world in terms of GDP, so it is clear without unnecessary words that this city is very developed. Highly skilled specialists from various fields make special efforts to develop the spheres of production and technology.
2. Rapid pace of urbanization. The problem of housing shortages for the local population is indeed painful, but for a foreign investor it is only beneficial - increased cost per square meter and high rental rates will allow you to quickly earn money on resale or renting out an apartment.
3. Favorable lending conditions. In order to provide city residents with personal housing, the Central Bank of Japan keeps interest rates at a minimum allowable level. Short-term rates are kept at 0.01%. As for foreign investors, their interests are also taken care of because attracting capital is beneficial for Tokyo. Thus, there are favorable conditions for obtaining entrepreneurial visas.
4. Real estate market development. Over the past few years, prices in the market have noticeably increased, and the most popular segment of commercial real estate has become office spaces. Due to the influx of students and tourists, the popularity has increased short-term rental, in particular through the Airbnb platform. If strict bans on this form of rental are in place in other countries, in Tokyo it is encouraged as it contributes to the development of tourism.

💰 Average property price: £361,130

Rental yield: 4-5%

4️⃣ Berlin, Germany 🇩🇪

The not highest profitability, typical for Berlin, does not bother the locals because for them the most important thing is the cultural life, which here is in full swing from morning till night. This economic center of Europe can boast of such conditions:

1. High demand. Like Tokyo, Berlin has come face to face with the problem of housing shortage. Almost 99% of residential real estate is already occupied. In such conditions, it is extremely difficult to find a property, but imagine the income that a lucky person with their own square meters can count on.
2. Diversified economy. Technologies along with creative industries and tourism are the key to a stable and developing economy of Berlin. On average, it grows by 4.9% annually, significantly outpacing other major cities in Germany.
3. Startup hub status. Favorable conditions and a creative atmosphere attract young businessmen willing to risk money for their beliefs. Where there are so many entrepreneurs concentrated, there is inevitably a strong demand for office and other commercial spaces.

💰 Average property price: £4.37/m²

Rental yield: 2.84%

3️⃣ Singapore, Singapore 🇸🇬

The city-state status already speaks of the determination and purposefulness of Singapore. On its small territory, ultramodern facilities, nature, traditions, and thousands of foreigners coexist, who have become locals and now dictate a new trend in entertainment in the country. Tiny Singapore has giant potential.

1. Strategic location. Important trade routes pass along Singapore, making it the business center of all of Southeast Asia. The presence of Changi Airport also opens up the skies. Thanks to these factors, many multinational corporations have chosen to establish their headquarters here.
2. Strong economy. Being a country with the second busiest port in the world, Singapore easily achieved the status of one of the wealthiest countries. Special emphasis is placed on electronics, medicine, finance, as well as petroleum products. Over the past 10 years, real estate prices have not fallen, but only increased, which they plan to continue in the future.
3. Real estate market regulation. In Singapore, the welfare of the population is the top priority, and only then do they think about foreign investors. Because of this, there are some restrictions on residential real estate in the country, but commercial properties and condominiums are always available to foreigners.

💰 Average property price: £1,237,170

Rental yield: 2-3%

2️⃣ New York, USA 🇺🇸

New York City ranks second in the list of best cities for real estate investment in 2024 because it creates all the conditions for every invested cent to be beneficial and profitable. America will appeal to you for a number of reasons:

1. Diversity. Each district of New York can offer something of its own, so there is an option for every budget. The population inhabiting the city also varies greatly, so no matter where you buy an apartment, you are sure to find your tenant.
2. Growth and stability. For several decades, real estate prices have been steadily increasing. In the last 10 years alone, they have grown by almost 80% and will continue to do so because high demand in New York always goes hand in hand with a limited supply.
3. Stable income. The limited number of properties on the market allows homeowners to confidently increase rental rates and keep them at pleasant levels for themselves. This leads to a fairly good return on investment.

💰 Average property price: £562,230

Rental yield: 2-3%

1️⃣ London, United Kingdom 🇬🇧

We can talk about the advantages of London for a long time, but it is easier to say it in one phrase - it has gathered all the benefits of previous cities:

1. Convenient location - ✔️
2. Developed infrastructure - ✔️
3. Good transportation connection - ✔️
4. Stable economy - ✔️
5. Global center status - ✔️
6. High demand for rent - ✔️
7. Favorable tax conditions for foreign investors - ✔️

If you still have doubts about the investment attractiveness of London, here is a weighty trump card - over the past 20 years, the price of one square meter has increased by 600%.

💰 Average property price: £523,000

Rental yield: 4.1%