Housing in the center of Prague is more expensive than in Madrid and Berlin, and in the center of Warsaw, it's more expensive than in Brussels.
Which European countries and cities are currently the most expensive to buy a house or an apartment?
The Mapping the World’s Prices 2026 report, prepared by the Deutsche Bank research institute, compares the cost per square meter when buying an apartment in city centers across 69 megacities, 28 of which are in Europe, writes Euronews.
Switzerland — the most expensive country to buy housing
Two Swiss cities top the ranking, making Switzerland the most expensive country to buy real estate in urban centers. The price per square meter for an apartment is €22,910 in Zurich and €19,439 in Geneva.
For an 80 m² apartment, this means approximately €1,833,000 in Zurich and €1,555,000 in Geneva.
London takes third place — €17,241 per square meter. An apartment of this size would cost approximately €1,379,000.
London is 35% more expensive than Paris
Paris follows — a square meter here costs €12,771. Buying an apartment in central London is approximately 35% more expensive than in Paris.
Vienna rounds out the top five, where a square meter costs €12,483.
Germany's most expensive city is Munich, where a square meter costs €11,435.
Luxembourg (€11,011), Copenhagen (€10,191), Stockholm (€10,037), and Oslo (€9,785) also make it into the top ten most expensive. In the Norwegian capital, the price drops below the €10,000 mark.
Three Nordic capitals are in the top 10, while Helsinki ranks 13th with €8,431 per square meter.
Milan and Amsterdam are slightly ahead of the Finnish capital: €9,378 and €9,273 per square meter, respectively.
Prague is more expensive than Madrid and Berlin
Prague turns out to be more expensive than the capitals of Spain and Germany. The price per square meter when buying an apartment in the city center is €8,352.
For comparison: in Madrid, a square meter costs €7,831, and in Berlin, it's €7,613. Rome follows them with a figure of €7,328 per square meter.
Above the €7,000 mark remain Dublin (€7,185) and Frankfurt (€7,162), while in Lisbon (€6,636) and Barcelona (€6,485), the price stays above €6,000.
The Cheapest Cities — Istanbul and Athens
Istanbul is the cheapest European city on the list: €2,646 per square meter, followed by the Greek capital, Athens, with a figure of €3,442.
The EU capital Brussels is also among the cheapest cities, ranking third from the bottom. An apartment square meter there costs €4,380.
Birmingham in the UK (€4,671) is also below the €5,000 mark, while Budapest (€5,243), Warsaw (€5,443), and Edinburgh (€5,708) are already above this level.
Hong Kong — the most expensive, Cairo — the cheapest
Among all 69 cities included in the report, Hong Kong remains the most expensive — €23,790 per square meter, followed by Zurich (€22,910) and Seoul (€21,897).
The cheapest cities are Cairo (€784) and Johannesburg (€913), both below the €1,000 mark.
The data presented in the report are based on statistics from Numbeo and Deutsche Bank.
The bassist of "Pyatlya", his 18-year-old son and the star of "Razbitaha Serca Patsana" — we tell you about the Belarusian-speaking band Prypiać, which presented its original "Kalykhanka" 1010
The bassist of "Pyatlya", his 18-year-old son and the star of "Razbitaha Serca Patsana" — we tell you about the Belarusian-speaking band Prypiać, which presented its original "Kalykhanka" 10
RIA Novosti published a column stating that Russia is facing another 'SMO' — with Lithuania. It was later deleted with the note 'Does not comply with state policy' 4242
RIA Novosti published a column stating that Russia is facing another 'SMO' — with Lithuania. It was later deleted with the note 'Does not comply with state policy' 42
Unfortunate Man from Lyakhavichy Disappeared "in the SMO" on the Third Day, While Sister, Cohabitant, and Wife — with Four Children, but Not His Own — Clashed over Funeral Payments 88
Unfortunate Man from Lyakhavichy Disappeared "in the SMO" on the Third Day, While Sister, Cohabitant, and Wife — with Four Children, but Not His Own — Clashed over Funeral Payments 8
A Belarusian woman translated for the President of Ecuador, worked as a flight attendant, and now opened her own language school "Russian with a Russian Woman" in Mexico 2323
Comments