A 'Beret' Good Time – Prime French Market Tempts Buyers From London

Separate data from the Land Registry shows that house prices in Kensington and Chelsea have increased by 28.7% annually, while in Islington they’re up 8.7% and in Hammersmith and Fulham, 6.5%.

Meanwhile, the prime French market boasts a similar level of prime property availability, with 2,859 homes listed at £3m-plus. Some 76% of these prime properties are located in the French Riviera, with the Alps region accounting for the next largest proportion at 15%, while Paris accounts for 4% and Provence for 3%.

As a result, homes at £3m and above account for 6% of the total French market. Not only is there a larger level of stock for high-end homebuyers, but buyer demand currently sits at just 1%, compared to 12% in the prime London market.

Property Investor Today