News: Paris BTL ready made

Thu, 13 Sep 07

Brits looking for French property should consider the "ready-made" buy-to-let student market in Paris, an expert has commented...

Paul Collins, overseas editor of the Buy Association, explained that the French capital attracts students "from all over the world".

He emphasised that investors in French property can also benefit from renting the same properties out to tourists over the summer months.

Mr Collins also said that Paris'' reputation and cultural attractions attract a wide range of visitors.

He continued: "There are also groups of people that want to have what you like to call a ''pied-a-terre'' in France as well. Paris is obviously a very romantic and exciting place to have that."

According to statistics from the Economist, the French property market grew by 87 per cent between 1997 and 2005.

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