According to statistics drawn up by French notaries and the Insee, 1 property transaction out of 20 in France is made by a foreign buyer. The British and the Russians are the most prolific buyers.
Buying property, foreigners who love France
Category: Real estate newsChapter: French news The British are the leading foreign buyers in FranceThe British represent 60% of buyers. However, as a consequence of rising oil prices and the subsequent increases in flight costs, this figure is set to drop in 2009. The Russians, keen on prestige real estateThe British are closely followed by Russian investors. Whereas the British concentrate their purchases in the regions of Brittany or Provence, the Russians prefer the luxury sector. Paris, ski resorts in the Alps, and the Côte d’Azur are their preferred targets.
Towns with high proportions of foreign buyers of houses or apartments
Updated on:
24/10/2008
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Prestige real estate 2008-2012 L'immobilier 100% entre Particuliers. All rights reserved
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