According to French Estate Agents MeilleursAgents.com the price of apartments for sale in Paris has increased by 12% year on year to the 1st May 2010.
The average price per square metre is for a Paris apartment is now 6730€, which in itself reveals an increase of 2.1% between 31 March 2010 and 30 April 2010.
The reasons for this increase are set out by property experts Immobilier-danger.com as being fourfold: Low Interest rates; safer investment that the volatile stock market; few properties on the market; and, as ever, location location location.
This property price increase is not mirrored throughout France as a whole, as French property prices generally have not increased dramatically. However, Paris and the classic desirable locations seem to be weather the storm, and remain as popular and as expensive as ever.John Kitching, French Property lawyer
www.frenchlawconsultancy.com
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