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There is no reason to bargain | Real estate market tendencies in France

At the moment proprty prices in France have reached their lowest level. The property owners are very reluctant to bargain and lower the price. In Paris prices for residential and commercial property can be lowerd for not more the 2% of the property price. According to the real estate market tendencies of the real estate in Paris, the owners adhere to the price setting, which will correspond to the reality, namely, as close as possible to the estimated value of the property for sale. In Bordeaux and Nice, the percentage will be slightly different - from 4 to 5%.

There will not be any rapid changes in french real estate market anytime soon. Nevertheless, both sellers and buyers are very active. There are more local buyers, than foreign. The percentage of foreign investor is gradually increasing. Especially it concerns real estate in Paris. Top foreign investors in French property: First come Italians, followed by Americans, British, Algerians and Moroccans.

 

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