It has been the tendency for the last six months; properties’ prices in Paris has known a continuous decrease.
For anyone who has always wishes to have a nice property in the French Capital City, today is the day to seize the opportunity and to invest in Paris as prices are at their lower levels and are expected to increase in the future months.
Indeed, in the year 2013 properties’ prices in Paris has decreased in average between 3% and 4% and it seems to carry on for a few months in the beginning of 2014 until the prices climb once more as the French Capital City is becoming more attractive these days.
The apartments are the properties which seem to have decreased the most and the quickest in Paris in 2013 with an average around 3.5% (a decrease of 6.5% to compare with June 2011) which represents a decline of €500 (£415) per square metre.
Paris attracts more foreign investors
Even in the International economic environment, in 2013 Paris has known an increase of more than 15% of foreign investments to compare with the year 2012; a very positive sign for the year 2014 as a boost of the economy represents also a boost for the property industry.
The year 2014 may be a turning point for the Economic situation and an end of the International Economic and Financial crisis in France which would signify a rise of investments, an increase of the employment and of the purchasing power of the population. Moreover, Paris has moved up three places (7th) among the most attractive cities in the world inthe ranking 2013; the French Capital City hasn’t known such a good situation since 2008. These are some of the reasons why properties’ prices are forecasted to climb in the mid-2014 in Paris which means that nowadays is the perfect time to seize an opportunity and purchase a property in the French Capital City.
Paris, more than just a European Capital City
How many opportunity people can have to meet an incredible opportunity to buy a property in Paris? Apart of being very rich and buy a property with a view on the Eiffel Tower whenever you want, you may not find a nice apartment or stone house in the Romantic Capital City at the same price than it is today.
Paris is not any Capital City, it is one of the most visited worldwide and is considered as being the most romantic city in the world!
The French Touch, or the fact of doing something with a “third eye”, taking care of the details, respecting traditional and typical elements, such as buying a true Baguette on the morning, or having a proper meal break at mid-day with a glass of wine instead of just grabbing a sandwich, or kissing on both cheeks a lady we just met because it is a way of saying “Hi! Nice to meet you”.
Paris and its magical spirit… If you want to know more about Paris and its culture you can have a look on our property guide and if you are interested in seizing the opportunity by purchasing a very nice property in the Romantic Capital City, you can also have a look on the lovely properties that may interest you.