Despite the precarious state of the Eurozone’s finances there has been a measured but nonetheless welcome change in the attitude of prime international buyers looking to purchase in France.
Although prices are still softening in some of France’s prime residential markets (figure 2), where buyers perceive ‘value-for-money’ they are sufficiently confident to transact, whereas a year ago they displayed much greater hesitancy. This has translated into higher sales volumes. The number of French sales completed by Knight Frank rose by over 20% in the 12 months to March 2013 compared to the same period a year earlier.
Source : Knight Frank