Quote from @Chris Magistrado:
Quote from @Montse C.:
Quote from @Levi T.:
I live near Nice France half the year. Europe is not a good market for investing. It’s too much to explain, just not worth it… Invest in America, vacation/live in Europe…
While Europe might not have worked for some, it offers incredible opportunities depending on the market and strategy.
As someone living in Europe, specifically the Netherlands, I’ve found house flipping here to be a strong investment avenue, especially with the high demand for housing. Spain is also another promising market we’ve been exploring, particularly for its growing tourism and rental opportunities.
Currently, we’re also reaching out to US investors who might be interested in exploring these markets with us. The potential is definitely there for those who want to diversify and expand beyond the US market.
Would love to hear more about your experiences and why you feel Europe hasn’t worked for you. It’s always insightful to exchange views!
Very interesting! Would you be able to share some of the numbers you've seen in the flips for the Netherlands and Spain?
Thank you for your interest! Here are some general figures we’ve observed in our house flipping projects. As a Spaniard currently living in the Netherlands, I have experience in both markets and can offer you a comparative perspective based on our track record.
In the Netherlands, flipping projects typically generate net profits of 10-15% after renovations. For instance, a property purchased for €300,000, with a renovation budget of €50,000, could sell for €400,000, yielding a net profit of approximately €50,000 after costs.
In Spain, flipping projects often yield even higher returns of 15-20%, thanks to the growing demand for renovated properties. For example, a property purchased for €200,000, with €40,000 in renovations, could sell for €300,000, resulting in a net profit of around €60,000.
Additionally, rental opportunities are strong in both markets. In the Netherlands, rental yields can reach 5-7% annually, while in Spain, especially in tourist areas, annual yields often range between 8-10%.
If you’re interested, I can share more specific examples, like our current project "Casa Blanca". Feel free to send me a private message for further details or to explore potential opportunities together!
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