14. Barcelona, Spain

When you consider the fact that other cities in Europe have gross annual yields of as high as 9%, then getting 6% in Barcelona may not seem very favorable. If you are looking for a high return, then you will find consolation in the fact that Barcelona compared to other regions has a lower initial investment. Owing to the fact that low-cost housing is more marketable in high populated areas like Barcelona, the 6% earned is likely to be consistent.

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