Wed, 05 Sep 07
Paris is still considered the city of love, according to a recent survey carried out on behalf of the HomebuyerShow, which questioned people on their most romantic destinations...
Paris came out top followed by Scotland’s historic capital, Edinburgh and the Cote D’Azur in the South of France.
Paris continues to reign supreme as a the most popular romantic getaway, and for those fancying a home of their own in Europe’s capital of romance there has never been a better time for investing in French property, the Homebuyer Show claims. The market across France continues to return excellent rental yields and with plenty of supply, there is lots of choice for investors across the country.
Reinforcing France's reputation as the home of "l'amour", the Cote D’Azur, known for its beautiful coastline and glamorous cities and towns took third place in the survey. From white sandy beaches to chic boutiques and intimate restaurants the draw of this area for couples is easy to see.
For those wanting to have this lifestyle permanently, properties in the area offer plenty of potential for investors, with high rental yields. Properties in the popular area between Nice and Cannes start from as little as €165,000 and offer plenty of rental potential especially during the summer months and around the Cannes festival.
Martin Sadler, Sales Manager of Assetz France, said: The French Riviera is still one of the most popular tourist locations and offers excellent potential for holiday lets with high rental returns. There are still plenty of property investment opportunities in the region with a wide choice on offer to suit a range of budgets.
The "Athens of the North"
Closer to home but still ranking high in the romance stakes is Edinburgh. Known as the Athens of the North, the cobbled streets, ancient buildings, sumptuous restaurants and world class arts of Scotland's capital make it stand out as the perfect setting for a romantic break. And for those fancying a home up North, the city is an ideal place for investment.
Robin Duff, Sales and Marketing Manager, Cairn Properties Ltd comments: Scotland’s vibrant capital city is an excellent place to invest in property. Capital growth is strong for many reasons: a booming economy with near zero unemployment, and the strongest economy of any UK city outside of London.
There are plenty of opportunities for property investors in Edinburgh, whatever their budget or property interest - from modern to Victorian, from apartments to houses, the city has it all. Prices start at around £165,000 for a three bedroom ground floor flat, close to the city centre.
Nick Clark, Managing Director of the Homebuyer Show comments: Destinations which hold romantic memories for couples are often returned to time and time again and what better way of visiting these locations than to own a property in that location enabling them to make more trips and take advantage of rental opportunities.
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