Anomalies in real estate: what is happening in France?
After a series of terrible blocks due to the pandemic emergency, France is also ready to restart. But what does French real estate presently look like? For a couple of reasons, it's not that great. But don't worry, an incredible amount of French real estate is currently for sale at bargain prices. Let's try to understand what are the positive and negative elements of French real estate.
Let's start with the positive news: the country still has an incredible infrastructure and despite all the population loss in recent years, the nation has all the credentials to aspire to growth in the future on several fronts. In recent years, tourism and the green economy are gaining popularity, and probably, the charm of this land will not fade for the next few years. Among the negative elements that characterize, unfortunately, this nation we undoubtedly identify a lack of security perceived by the inhabitants point due to the various attacks that have seen France as a protagonist in recent years, there are many who decide to move to other countries or simply to move to more rural areas. Leading, of course, I have a sharp decline in population in large metropolises.
But let's see in detail how local real estate is moving.
France, like all European countries and beyond, has seen a period of slowness, and sales are not expected to grow suddenly. Sales levels in Paris were particularly disappointing, falling 12.6% year-on-year.
As happened in most European capitals, the prices in Paris are also very high. To the point that many real estate owners have decided to convert their sales advertisements into rental advertisements. So where are all the houses we talked about in the introduction of this column, at bargain prices? In the more rural areas of France. In areas that are usually not taken into consideration when deciding to invest in French brick.
To generate great interest in this type of areas previously not considered suitable for making an investment, was undoubtedly the pandemic emergency which, as is known, has also changed our habits. The need to be in contact with nature and to live in quieter areas meant that a new phase could be inaugurated for French real estate. That for the note of the countryside areas. Far from the tram tram of the big metropolises. Metropolis that are therefore increasingly inaccessible to investors, since compared with the bargain prices of the countryside.
The interest in big cities is mainly tourism. But according to the statistics, there could be a 'turnaround in this area as well.
In short, France is experiencing a truly anomalous situation with regards to its Real estate. There are no very clear predictions about the future of the French brick. But if you are curious to know more about this and many other topics related to the world comma real estate market, you just have to stay up to date on our portal!
Let's start with the positive news: the country still has an incredible infrastructure and despite all the population loss in recent years, the nation has all the credentials to aspire to growth in the future on several fronts. In recent years, tourism and the green economy are gaining popularity, and probably, the charm of this land will not fade for the next few years. Among the negative elements that characterize, unfortunately, this nation we undoubtedly identify a lack of security perceived by the inhabitants point due to the various attacks that have seen France as a protagonist in recent years, there are many who decide to move to other countries or simply to move to more rural areas. Leading, of course, I have a sharp decline in population in large metropolises.
But let's see in detail how local real estate is moving.
France, like all European countries and beyond, has seen a period of slowness, and sales are not expected to grow suddenly. Sales levels in Paris were particularly disappointing, falling 12.6% year-on-year.
As happened in most European capitals, the prices in Paris are also very high. To the point that many real estate owners have decided to convert their sales advertisements into rental advertisements. So where are all the houses we talked about in the introduction of this column, at bargain prices? In the more rural areas of France. In areas that are usually not taken into consideration when deciding to invest in French brick.
To generate great interest in this type of areas previously not considered suitable for making an investment, was undoubtedly the pandemic emergency which, as is known, has also changed our habits. The need to be in contact with nature and to live in quieter areas meant that a new phase could be inaugurated for French real estate. That for the note of the countryside areas. Far from the tram tram of the big metropolises. Metropolis that are therefore increasingly inaccessible to investors, since compared with the bargain prices of the countryside.
The interest in big cities is mainly tourism. But according to the statistics, there could be a 'turnaround in this area as well.
In short, France is experiencing a truly anomalous situation with regards to its Real estate. There are no very clear predictions about the future of the French brick. But if you are curious to know more about this and many other topics related to the world comma real estate market, you just have to stay up to date on our portal!
