If by elegant, you mean a dress watch, I would give a good look at the Orient Bambinos. There are several versions of them. They can be found in the USA for under $200, I'm sure they are a comparable value in the European market. They have a proprietary in-house automatic movement that hacks and hand winds. Exceptional value for such a good looking watch.
I own the one below with the grey sunburst dial. I put it on a dark brown teju lizard grain leather strap.
I own the one below with the grey sunburst dial. I put it on a dark brown teju lizard grain leather strap.