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Demand for real estate soars in France
Business
- 10 August, 2020
- 10:20
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Demand for housing has risen sharply in France, where 60% of buyers are not foreigners, but French and citizens of the surrounding territories.
Report informs referring to Knight Frank. Today there is a "four-phase" recovery of the real estate market in the country.
According to Frederic Lillo from Knight Frank, the first wave of buyers consisted of Monegasques in search of a spacious "refuge."
The second were Parisians, tired of imprisonment, and wanted their own piece of land on the seashore.
"Then came the European neighbors looking for a change of scenery within easy reach and the British, awaiting flights between Britain and France since early July," Lillo said.
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