France Property News

Are foreign investors supporting the French real estate market?

by Mark Benson on February 23, 2014

Are foreign investors supporting the French real estate market?

Are foreign investors supporting the French real estate market?

While the London real estate market continues to remain buoyant there are concerns about the French real estate sector with many areas of the country still nowhere near the 2008 highs just prior to the worldwide economic downturn. There are many factors to take into consideration such as the French economy, currency issues not to mention the political situation which is mired in controversy. When you also throw in the fact that many high earners in France will be hit by additional taxes in the short to medium term there is little in the way of food for the French real estate market. So, are foreign investors supporting the French real estate sector?

There are ongoing signs that international investors now have France in their sights with a recent survey showing that areas of Paris and Calais have shown decent improvements since the 2008 crisis. Indeed prime property values in Paris are up by 14% since 2008 and there seems to be a growing appetite amongst international investors for heritage properties and luxury real estate. [click to continue…]

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