‘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. ‘ 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 Paris-based estate agency VINGT. 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 up to 40% on Parisian property. The French capital has been a popular destination since its inception as a city state and remains so today.
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 Paris-based estate agency VINGT. 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 up to 40% on Parisian property. The French capital has been a popular destination since its inception as a city state and remains so today.