Forbes magazine recently published a list of the top 10 cities in the world to invest. The work was compiled by the Association of Foreign Investors in Real Estate (AFIRE) and included a survey based on 200 participants. The real estate holdings of those included in the survey surpassed the $700 Billion mark, and their conclusions concerning favorable investment opportunities was very clear.
Despite increasing prices and exchange rate factors, Paris was still the number 4 city in the world, following New York, London and Washington D.C. The combination of stabilizing real estate prices in Paris with the very high occupancy rate for rentals result in what is considered 'A very favorable investment setting' especially in light of medium term value growth.
"The occupancy rate of the commercial market in Paris is at its highest. The sector will see rising rental prices for as long as demand continues to outstrip supply in the city, as is now the case," according to Forbes Magazine.
Glenn Cooper
www.paris-aparts.com
Friday, August 15, 2008
Subscribe to:
Posts (Atom)
