Average price of residential property in EU-28 as of May 2018, per country (in euros per square meter)*

Average residential square meter prices in EU-28, per country 2018 This statistic shows the average price of 120 square meter apartments located in the most important cities of countries in EU-28 as of May 2018, per country (in euros per square meter). The source states that the numbers provided have been taken from several national publications, for example from national statistical bureaus. Therefore, no set date for data collection can be provided. Also, the numbers provided cover 120 square meters apartments located in center of the most important city of each country, either the administrative capital, the financial capital and/or the center of the rental market. Newly-built built and pre-sale property prices are not included. An apartment located in the United Kingdom would cost approximately 20,190 euros per square meter, making it one of the most expensive places in Europe for residential property.
The European housing market, or residential real estate, has recently shown clear signs of recovery, with an increasing house price being the main trend. Eight years after the financial crisis, the majority of property markets in Europe have gained momentum with only a few still on the mend or lagging behind. For example, between the start of 2014 and the end of 2015, Romania and Portugal were among the countries which experienced an increase in housing prices, whilst the prices in Slovenia and Italy decreased.
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Average price in euros per square meter
Austria11,559
Belgium3,023
Bulgaria1,300
Croatia1,978
Cyprus1,536
Czech Republic3,831
Denmark4,279
Estonia2,156
Finland6,609
France12,796
Germany4,326
Greece2,846
Hungary2,515
Italy8,439
Latvia2,297
Lithuania2,370
Luxembourg4,605
Malta4,576
Netherlands6,902
Poland2,793
Portugal3,830
Romania1,591
Slovakia3,098
Slovenia2,922
Spain4,382
Sweden6,991
United Kingdom20,190
Average price in euros per square meter
Austria11,559
Belgium3,023
Bulgaria1,300
Croatia1,978
Cyprus1,536
Czech Republic3,831
Denmark4,279
Estonia2,156
Finland6,609
France12,796
Germany4,326
Greece2,846
Hungary2,515
Italy8,439
Latvia2,297
Lithuania2,370
Luxembourg4,605
Malta4,576
Netherlands6,902
Poland2,793
Portugal3,830
Romania1,591
Slovakia3,098
Slovenia2,922
Spain4,382
Sweden6,991
United Kingdom20,190
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Description Source More information
This statistic shows the average price of 120 square meter apartments located in the most important cities of countries in EU-28 as of May 2018, per country (in euros per square meter). The source states that the numbers provided have been taken from several national publications, for example from national statistical bureaus. Therefore, no set date for data collection can be provided. Also, the numbers provided cover 120 square meters apartments located in center of the most important city of each country, either the administrative capital, the financial capital and/or the center of the rental market. Newly-built built and pre-sale property prices are not included. An apartment located in the United Kingdom would cost approximately 20,190 euros per square meter, making it one of the most expensive places in Europe for residential property.
The European housing market, or residential real estate, has recently shown clear signs of recovery, with an increasing house price being the main trend. Eight years after the financial crisis, the majority of property markets in Europe have gained momentum with only a few still on the mend or lagging behind. For example, between the start of 2014 and the end of 2015, Romania and Portugal were among the countries which experienced an increase in housing prices, whilst the prices in Slovenia and Italy decreased.
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Release date
May 2018
Region
EU
Survey time period
Data as of 5 February, 2018*
Supplementary notes
* No data was provided for the Republic of Ireland.

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