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Paris is "top city" for investment

Article Date : Monday, July 09, 2007       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

Paris has emerged as one of the leading European cities for property investment, boasting a strong property market and lucrative opportunities for new investors.

Strong returns and relatively low levels of risk earmark the French capital as a key destination for investors looking for good deals, particularly as there has been a steady increase in property prices in recent years.

Furthermore, despite rising prices Parisian properties are some 60 per cent cheaper than properties in central London, indicative of the scope for positive investment for savvy buyers. A spokesperson for Property Frontiers underlined the appeal of Paris at present.

"The city is never short of prospective tenants," she stated, highlighting strong tenant demand.

"High tourist levels will provide the demand necessary to fill buy-to-let properties," she added.

Meanwhile Investors Provident states that tourism continues to play a large role in French property investment, providing steady demand for accommodation throughout the year.
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