NEWS IN BRIEF
According to new figures, Paris is ever-popular as both a city break destination and as a hotspot for overseas buyers looking for a property in the French capital. A report by Notaires de France found that sales to overseas property buyers rose by 1% in the capital in 2015. The news comes as Paris was revealed as the second most visited destination in the world by British people in 2015, second to New York City.
New figures from French real estate authorities suggest French property sales will exceed record levels since the turn of the millennium. Demand for French property rose sharply in 2015, with experts predicting the momentum to hold strong, despite the pound weakening against the euro. Official figures from Notaires de France show transactions last year at their highest level since 2012. It’s thought that a fall in mortgage rates has helped support the demand, with further falls also possible. notaires.fr year, and highlighting the coming months as a prime time to buy a property.
With a number of estate agents championing 2015 as their most successful year for some time, many of those at The France Show left with the expectation of even better things to come.
Charles Miller of Charente Immobilier is a regular exhibitor and this year’s show once again lived up to expectations. “The France Show is the highlight of our property show year and as usual we were extremely pleased with both the attendance and organisation,” he said. “We met with a wide variety of motivated buyers and we look forward to seeing many more of them again.”
For those still looking for their dream home in France, the next French property exhibition will take place at Wetherby Racecourse from 13-14 May. Entrance is free and you can register for tickets online at fpeyorkshire.com. forgottenfrance.com charente-immobilier.com