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Zurich Tops Europe: Sky-High Property Prices Revealed
9 Jun
Summary
- Zurich apartments cost over €18,000 per square meter.
- Four of Europe's five priciest cities are in Switzerland/Luxembourg.
- Stockholm and Copenhagen show strong recent price growth.
Zurich continues to hold the title of Europe's most expensive city for residential property, with average apartment prices reaching an impressive €18,229 per square meter. This figure represents a 4.2% increase in the past year and an 11.7% rise over two years, highlighting its sustained market strength.
Switzerland and Luxembourg collectively host four of the top five priciest housing markets on the continent. Cities like Zurich, Geneva (€16,819/m²), Luzern (€12,066/m²), and Bern (€9,952/m²) showcase exceptional demand underpinned by strong economies and limited supply.
Luxembourg City, another financial hub, recorded prices at €10,941 per square meter, showing a slight recent decrease but remaining a top contender.
Among other notable markets, Amsterdam and Copenhagen are experiencing robust price growth, with apartment prices averaging €9,437 and €8,405 per square meter respectively. Paris, however, shows a slight decline in prices, averaging €9,490 per square meter, making it the weakest performer in the top ten.
