the housing Market in France is experiencing a sharp influx of buyers. The vast majority of them — 60 percent — are French, as well as citizens of neighboring countries, according to the materials of the consulting company Knight Frank, arrived in edition “Tapes.ru”.
according to analysts, at the moment there is four phase recovery of the property market on the French Riviera. The first wave of buyers consisted of Monegasques seeking spacious “shelter”. The second wave was captured by the Parisians and inhabitants of other French cities. Then came the neighbors-Europeans wishing to change the situation, as well as the British, since the beginning of July pending the opening of flights between the UK and France.
According to the Russian office of Knight Frank, the côte d’azur is in the top 5 in-demand locations for real estate purchase Russian multimillionaires. “We have received and continue to receive requests for villas and apartments even more often than before, given that it is possible to find the discount to 15%”, — experts explain.
In Paris also began a boom in home sales. Its due to several factors. First, some people want to change their way of life after quarantine. Second, many people want to benefit from a record of market prices in anticipation of a potential economic downturn. “For international investors in Paris real estate is attractive as a refuge in turbulent times,” analysts conclude.
Earlier in August, has been named the safest to buy real estate in the country. The list was topped by Switzerland. The top five safest countries are also included Germany, Israel, Japan and Singapore. Russia was in 61st place, slightly ahead of Belarus, Sweden, UK, Ukraine, Monaco.
