Foreigners flocking to Paris

Wednesday, March 14, 2012

Foreigners flocking to Paris

Foreign buyers are flocking to Paris, where, according to local experts, property is selling for record prices and beating previous sales numbers month on month.

According to Sotheby's International Realty, 2011 saw a 34% increase in sales of Parisian property compared with 2010, and 2012 looks set to be another positive year.

“Throughout history, real estate has been a safe haven and many foreign customers, who come to invest, see Paris is a safe bet,” commented the company's Paulo Fernandes.

With recent reports that Paris is now the priciest city to rent in Europe, investing in property in the city could also be a smart financial move, providing plenty of rental return.

Interested in property in France? Visit The French Village at A Place in the Sun Live which brings together agents, developers and property experts from across the country to tempt you with properties and share their advice and expertise. There will also be daily seminars on buying and living in France, and the chance to hear from and meet our celebrities Jasmine Harman, Jonnie Irwin and Amanda Lamb.

Tickets for the exhibition, which takes place between 30th March -1st April 2012, are available now priced at two for £15 and come with a FREE six month subscription to A Place in the Sun magazine.


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