Foreign Property Buyers Show Interest in France
There are signs overseas buyers are getting ready to move forward with their second-home plans in France as the country gradually opens its borders. Demands are increasing outside of Paris—in peripheral areas such as Versailles and Saint-Germain-en-Laye, Neuilly-sur-Seine and Boulogne-Billancourt, according to a Knight Frank analysis released Friday.
In Provence, a popular vacation-home destination in southeastern France bordering Italy and the Mediterranean Sea, Knight Frank saw 20% more inquiries in the first four months of 2020 than during the same period of last year. France plans to open its borders with Switzerland, Germany, Austria and Belgium on June 15, allowing citizens from those countries to move back and forth.