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French market recommended to investors

Article Date : Wednesday, November 14, 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

A new high-speed rail link could potentially boost France's popularity among British property investors, according to a media report.

The Telegraph stated that estate agents in France widely believed that the introduction of a new service by Eurostar would lead to more Britons investing in the country.

Earlier today, the route between St Pancras International and Paris was launched for the first time.

The service has attracted considerable attention as a result of its reduced journey times, as it allows passengers to traverse the distance in just two hours and 15 minutes.

This is approximately 20 minutes faster than previous Eurostar train routes and a development that allows it to provide stronger competition to the aviation sector.

Speaking to BBC News, rail minister Tom Harris said: "We're giving people who want to make those journeys a proper choice so they're not forced to travel by plane."

This comes after currency specialist HiFX highlighted an upturn in the level of interest in French property ahead of the launch of the new Eurostar service.
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