Improved access 'will attract Britons to France'

The introduction of a high-speed rail link between London and Paris is likely to have an impact on the French property market, experts have said.

Knight Frank stated that Eurostar's new service had made opened up the north of France to British buyers, as it had made it quicker and easier to reach.

This means that it could attract various types of people, such as overseas property investors and holiday home buyers.

The firm added that the reduced journey times between the two cities could make Paris a more viable commuter location for people working in London.

Liam Bailey, head of residential research for Knight Frank, commented: "Paris will become much 'closer' in most people's reckoning."

According to currency specialist HiFX, the introduction of the new rail link has helped boost interest in the French property market among Britons.

The firm recently reported that the number of enquiries it received about buying in France rose by 17% between August and September.

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