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The foreign buyers blow up the prices of the prestigious real estates in France, in particular by the Côte d'Azur and in the ski resorts of the Alps, according to the Notaries (source Insee)
One sale on twenty in real-estate in France is made for a foreign buyer.
In Paris, this figure reaches one on fifteen, in the southwest one on five and until one on two in leisure cities " about leisure activities ", sea and ski resorts.
The British chased by the Russians
If the British represent 60 % of the foreign buyers in France, the Russians are more and more numerous and it is them who purchase the most spectacular in price. The foreigners meet themselves in surprising proportions in some micro-markets ", explained the Notaries.
This is a tendency which is going to strengthen.
Veronique Kouznetsov | Date Published : 2008-02-22 09:34:12
