7 Reasons why Paris real estate is a great investment | This Paris ...

Posted on September 7, 2012 by Paris Property Group

It seems that the media loves to publish gloom and doom news designed to put fear into the hearts of investors. ?But their predictions of disaster ignore some fundamental facts. ?It?s a great time to invest in Paris real estate and here?s why:

For the first time in the past year or two, conditions favor buyers and make it a time to negotiate:

• The election of Hollande has created some uncertainty in the market that has checked the upward climb of prices.
• The euro is weak right now, making property in Paris relatively less expensive.
• Large institutional investors are now buying property?signaling?that the price lull may be short-lived.
• Paris is consistently named one of the best real estate markets in the world for safe investment.?Bricks and mortar properties in ?old Europe? cities which are in extremely limited supply are ?seen as relatively safer than equities, akin to investing in gold.
• In addition to being a safe investment, your pied-a-terre in Paris is also a stable investment asset yielding an average long term price growth of 10% per year over the past 40 years.
• English is becoming more prevalent in France and this will only encourage wealthy buyers from around the world.
• Paris is often cited as the number one tourist destination in the world, which means that if you rent your apartment out, either short, medium or long term you can earn an ROI of between 4 and 10% according to a number of our rental agency partners.

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Source: http://parispropertygroup.com/blog/2012/7-reasons-paris-real-estate-great-investment/?utm_source=rss&utm_medium=rss&utm_campaign=7-reasons-paris-real-estate-great-investment

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