The most popular place to buy property in France is...

Monday, November 15, 2010

The most popular place to buy property in France is...

The number of Brits visiting and buying properties in Paris has been boosted by the speedy and frequent Eurostar services direct from London.

The Paris property sector represents one of the most secure and low-risk property investment markets in the world.

With almost 12 million residents, and an additional 30 million tourists visiting the city each year, there is no shortage of prospective tenants looking for a home in Paris to rent.

Meanwhile, a shortage of properties in relation to strong demand means that prospects for future capital growth look good.

The Paris property market is also supported by the country's strong economy and good access to mortgage finance.

Anyone taking out a mortgage in France is generally only permitted to borrow one third of their total gross monthly income. This has ensured that mortgages remain readily available, with up to 100 per cent loan-to-value home loans available at competitive borrowing rates.


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