Paris: Where Real Estate Investment is Still Considered a Sure Thing
Par GanemImmo, Monday 5 April 2010 à 18:12 - Real estate trends - #7 - rss
Paris did not escape the price slump: - 5.35% in 2009. But since the third quarter, the wind has changed and has been steadily blowing in a new direction for the last three months.
If buyers are coming back in high numbers, however, real estate stocks are at a minimal level. Basically, buyers want to take advantage of the slight drop in prices and low interest rates, while worried sellers are hesitant to let go of their goods.
Regarding size, three quarters of the properties are no larger than 90 square meters. As far as price goes, while eastern Paris is still reasonable (less than 5,000€ per square meter, on average), the city center is approaching an average of 9,000 to 10,000€ per square meter..
Paris areas



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