who agreed that residential property
was particularly highly prized, as it has
more income stability than commercial
sectors. This is good news for France as
its residential property is the envy of the
world - from the historic châteaux to the
Alpine chalets, and from the villas on the
Côte d'Azur to the apartments in Paris
city centre.
The Financial Times intelligence arm,
FDI, published research which ranked
European regions as future investment
destinations. It assessed 148 regions
ranking by five criteria:
• business friendliness
• connectivity
• human capital
• lifestyle
• cost effectiveness.
Paris/Île-de-France came top. Elsewhere
in France, both the French Alps and
Côte d'Azur are seen as international
destinations and a safe-haven for real
estate purchases. Indeed, these three
destinations (Île-de-France, Alps, PACA)
account for the vast majority of property
sales in France to HNWI's.
The charts on pages 26-27 show the
continued rise in sales of properties over
2m euros across France since 2014 and
early indications are that this upward
trend will continue in 2023.
06 Leggett International Real Estate
EXECUTIVE SUMMARY