By Tom Leahy on May 14th, 2019
The number of properties being flipped is surging in Amsterdam, where prices last year grew the fastest of any leading European metro area. In 2018 there were 59 flips – deals where the prior sale was less than 24 months before – up from 10 in 2015.
The number of flips surpasses the peak of the market in London in 2015, when investors sold 34 properties having owned them for less than two years. In London the number of short holds has steadily dropped, down to just eight properties in 2018.
In Germany the phenomenon of flipping is negligible, likely an indicator of the dominance of domestic institutional investors. These owners typically hold their properties for around six years, according to Real Capital Analytics data.
This analysis first appeared in the latest edition of Europe Capital Trends. If you are an RCA client you can log into the RCA website to download the latest reports and data files.
Also on RCA Insights: