Rory Ramsden – Luxury French Property Finder & Buyer's Agent in south west France
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Foreign buyers represent 30% of French real estate purchases in 2016

What does it mean when foreign buyers become more involved in the real estate market of a country? Does it change anything? France will be finding out since 30 percent of all real estate purchases come from foreigners, and this is a pretty large percentage. The culture of these foreigners and the things they enjoy will surely start to become more apparent. It will take time to see what else happens when more foreigners have financial leverage.

Key Takeaways:

  • Last year, real estate deals amounting to €100 million-plus, were mainly the province of those funded by the Chinese, British, or Americans.
  • In Paris alone, the number of apartments and hotels, selling for upwards of €15,000 increased by 32% in the period of a year.
  • In total, foreign purchases accounted for thirty percent of real estate purchases made in France, in 2016.

“In general, the main targets for foreign investment in French real estate last year were the usual suspects: Paris, Bordeaux, Poitou-Charentes and the Cote d’Azur.”

Read more: https://parispropertygroup.com/blog/2017/foreign-buyers-represent-30-of-french-real-estate-purchases-in-2016/

About the Author Rory

Rory Ramsden is a French property finder and buyer's agent working for high net worth private clients wishing to buy a chateau, manor or vineyard in the south west of France. He has lived in France for 8 years after spending time travelling the world on business.

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