Paris Remains Strong for Property Investment in France

Why the Parisian property market is so popular with property investors looking at French real estate

Housing market declines in America and other locations around the world might have investors feeling a bit nervous about taking an investment property plunge at the present time.  Whilst it’s true that some markets are not showing great signs of potential growth at the moment, buying property in France still remains a solid prospect in the eyes of many.  This is especially so in Paris.

In this article we’ll look at some of the factors that are keeping the prospect of buying property in France appealing and why in particular Paris remains strong for property investment in France.

France on the whole is benefiting greatly from the British propensity to buy and live elsewhere.  With nearly 300,000 Brits already calling France home on at least a part-time basis, the country’s expat community is strong and growing.  With the recent improvements to the Eurostar system, the appeal of living in France is growing even stronger.  The faster travel times and low cost of fares make it very easy for Brits to enjoy the best of both worlds.

The Parisian market is also benefiting from the Eurostar unveiling.  It is possible to travel between London and Paris in just over two hours.  This is putting commuting for family affairs and occasional business trips much more within reach.  Add to this the overall stability of the Parisian property market, and fears of a crash are alleviated in the minds of many.

Housing prices in Paris have been on the upward climb for roughly the last seven years.  In 2007 alone prices here have increased on average by about 6%.  The growth and stability in the Parisian housing market have even been highlighted by the likes of PricewaterhouseCoopers and the Urban Land Institute.  The two groups have listed Paris as the best real estate investment market in their “Emerging Trends in Real Estate Europe” report.

So, what is it about the Parisian market that is helping it maintain calm in a world of real estate turmoil?  It all comes down to sustainability.  Whilst growth in prices might not continue forever, Paris holds strong favour among investors because of its natural rebound abilities.

Paris remains one of the hottest tourism destinations in the world.  It is a favoured retirement and expatriating destination, as well.  Buyers here are almost always assured of demand for these two reasons.  Add to this the local demand for housing purchases and rentals and the ability for Paris to maintain its property market becomes clear.

With its incredible sights, cultural attractions and sheer glamour, Paris is felt by many to offer a very low-risk investment potential.  As other property markets flounder in the face of sharp value drops, this is not the case in Paris.  Buying property in France remains a fairly solid choice that more investors are looking into.