Paris - a paradise for investment property

28.03.2012 00:45
Articles about real estate | Paris - a paradise for investment property According to the company Knight Frank, in 2011, an expensive Parisian property is most often acquired British, Italian and German investors. However, wealthy buyers from Russia, the Middle East and Asia, is also not lagging behind the Europeans.

As the portal of the Property Wire, the average cost of housing higher price category, which is located in the heart of Paris, in 2011 amounted to € 1-5 million for the comparison: "elitka" in central London, usually sold for 20-30% more expensive.

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In 2011, the number of requests in the segment of expensive real estate in Paris Internet services has grown steadily. In the third quarter, sales declined in the fourth began to decline and prices. For the year-class apartments "luxury" fell by 3%, the volume of supply in this segment increased. In general, this reflects the development dynamics of the debt crisis in the EU, experts say.

The most prestigious and attractive to foreign investors are 6, 7 and 8 of the District - architectural ensembles of these districts is almost spoiled "remake" and have not lost the charm of antiquity. French style and typical Paris "joie de vivre", continues to remain in the price: for example, a spacious apartment overlooking the Seine and the roof in the area of ​​Saint-Germain-des-PrÉs (2nd District) is the order of € 6 million .

According to analyst Mark Knight Frank Harvey, among the reasons to buy expensive Parisian "meters" capital preservation takes precedence over a quick profit making. Formerly an apartment in Paris, foreigners have chosen "for itself" or for a child who is studying there. Now, the real estate in the capital are increasingly buying "in reserve" to save the savings and benefits to rent. In this high ceilings, well-designed light rooms with interesting views from the windows, and even a "legend" of the building is of paramount importance.
Content tags: Overseas property
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