As London ’s property market becomes increasingly unaffordable, investors are moving to take advantage of the comparative price of Parisian real estate, according to an executive from London -based estate agency Foreign Direct Investment . Increased interest in the city’s property is believed to be due to the weakened Euro , which could imply large savings for potential investors; using current exchange rates, an investor from the UK could save 84% on Parisian property. ‘The talk in the market over the past two to three years has been dominated by London, however, people forget that France is the world’s fifth largest economy and investors will always be attracted by the Paris property market’s incredible resilience,’ she pointed out. ‘ Although Paris is currently second to UK in terms of Foreign Direct Investment (FDI), it is believed that the city could soon overtake the UK capital.
As London ’s property market becomes increasingly unaffordable, investors are moving to take advantage of the comparative price of Parisian real estate, according to an executive from London -based estate agency Foreign Direct Investment . Increased interest in the city’s property is believed to be due to the weakened Euro , which could imply large savings for potential investors; using current exchange rates, an investor from the UK could save 84% on Parisian property. Although Paris is currently second to UK in terms of Foreign Direct Investment (FDI), it is believed that the city could soon overtake the UK capital.