Paris recommended to investors
Overseas property investors have been advised to consider purchasing a residence in the French capital Paris.
According to official figures, property prices in the city have gone up by more than 10% in the last year, reports the Telegraph.
This is almost double the national average and also higher than earlier predictions by industry analysts.
Therefore, Paris could potentially be a good location for overseas property investors to consider, as the data suggests they could be in line to benefit from capital growth.
Furthermore, the city's popularity as a holiday destination means investors could collect greater returns by letting their home out to visitors.
Paris has already attracted greater levels of attention from property buyers in recent months due to various accessibility improvements, such as the Eurostar rail link from London's St Pancras International.
The Telegraph has stated that these figures, combined with the reduced journey times that Eurostar can now provide, could encourage more investors to consider the Parisian market.
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