227: Importance of Tube and Metros to European City Property Investment
09-29-2008
PropertyInvesting.net Team
This special report provides a listing of Metro Maps to assist international property investors in maing their decisions on which property to purchase.
Why have we done this?
In general, the better the infra-structure communications, the higher the property prices and the higher the expected property price increase in future years will be. This is because Metros are used to transport workers to their jobs. These jobs wealth (wages, bonuses, income, company profits) are what pays for property purchases and rental of property. The closer a city centre, in general, the higher the prices. Again, proximity to jobs, services, leisure, shops, theatre - all play a large part in increasing property prices the closer to a city centre one gets.
If ytou havce rental property, and this is further than 5-10 minutes walk to a Metro station, in Europe you can find it very difficult to rent out. The closer to the station the better. Convenience is king when it comes to rentals.
Can you show me a few examples?
If you purchase property in an area without a Metro station, that then gets one (one is built) this is even better - asset prices will rise significantly in most European cities. Some examples are:
1. London 2010 East London Line (new tube)
- Haggerston
- Brockley
- Forest Hill
2. London Docklands Light Railway Connection - 2010 (new rail link to City-Docklands)
- Woolwich
3. Ebbsfleet - Gravesend (20 miles east of London)
- Commuter trains from 2010, new station openned 2007
What should I avoid - what should I do?
If you want to make serious money investing in low risk areas, if you purchase residential property in regenerating urban areas where a new Metro station is shortly due to open, you will very likely see exceptional investment returns.
The maps below are meant to guide you - do not purchase property in these cities without first studying and refering in them. Do not buy property miles from any Metro. Try and pruchase property a short distance from a fast Metro connection to the biggest employment areas (financial districts).
The very final map we show you is the PropertyInvesting.net London Hotspot map for the period 2009-2012 - these are will benefit from new tube connections, Olympic infra-structure upgrades and proximity to City and Docklands jobs, plus the West End. They are some of the lowest priced areas in London at present, and will likely see large increases in the run up to the Olympics in 2012. As Sydney, Athens, Beijing and Barcelona all did.
New York Map
Barcelona Metro Map
Spain
Brussels Metro Map
Belgium
Athens Metro Map
Greece
Paris Metro Map
France
Washington Metro Map
USA
Moscow Metro Map
Russia
Shanghai Metro Map
China
London Property Hotspot Map - where tube and rail infra-structure developments are planned
London
New York Metro Subway Map
USA
Metro Subway Map New York
USA
New York Metro
London Rail Map
London Metro Rail Map
Southern England and London Rail Map
Rail Map England
L.A-Subway Map Los Angeles USA Metro
www.google.co.uk
Moscow Metro Map Russia Tube Underground