European Real Estate Trends: Foreign Investors Target Paris
The real estate market in Europe is experiencing significant variation by country in 2013. The good news is that, while France as a whole has seen a decline in residential property prices, Paris is attracting interest from non-European investors in particular this year
An article in Property Abroad cites a recent survey, showing that foreign investors are targeting certain Northern European cities for both residential and commercial real estate. London, Paris, Berlin and Munich are definitely in the frame for investors’ attention. They are looking for good returns and see promising growth in Northern Europe.
While real estate in Eastern Europe, especially Poland, is also in demand, the situation in Southern Europe is much less buoyant. Real estate prices there are lower than in Northern Europe but investors are seeking what they see as safer havens for their capital. The debt crisis in Greece and increasing unemployment in Portugal have depressed consumer spending and driven investors away. The signs are that Italy and Spain are faring slightly better in 2013 than in 2012, when transaction volumes were at rock bottom.
France Leads European Real Estate http://www.fyltyr.com/paris-real-estate/2013/france-leads-european-real-estate/#more-3483
Tax relief on real estate sales in France: proposed changes seek to boost market volume – See more at: http://www.fyltyr.com/paris-real-estate/2013/tax-relief-real-estate-sales-france-proposed-seek-boost-market-volume/#more-3443
Paris Purchasing Power Up http://www.fyltyr.com/paris-real-estate/2013/paris-purchasing-power/
Qatari investors scoop up landmark hotels in Paris, the largest sale of its kind in Europe since 2011 – See more at: http://www.fyltyr.com/paris-real-estate/2013/qatari-investors-scoop-landmark-hotels-paris-largest-sale-kind-europe-2011/#sthash.21wCHpy6.dpuf