Investment Property Property News | Overseas investors 'looking for deals in up-and-coming Paris districts'

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Overseas investors 'looking for deals in up-and-coming Paris districts'

2/9/2012 11:08:00 AM

International property investors are increasingly targeting up-and-coming districts in Paris in order to find the best opportunities.

This is according to Thomas Elisian of Paris Attitude Vente, who told the Telegraph overseas buyers are "increasingly willing to look at 'newer' neighbourhoods if they can get an advantageous deal".

Among the districts that may interest investors looking for a French property are the tenth, 17th and 15th arrondissements.

Managing director of Sifex Sarah Francis told the newspaper that real estate assets in the tenth arrondissement experienced capital appreciation of ten per cent over the course of 2011.

Source: PropertyShowrooms.com