Unencumbered by any property curbs or the kind of foreign owner restrictions seen in other markets, Chinese buyers are snapping up luxury properties in France’s prime residential and holiday districts.
In the first quarter of the year, Chinese supplanted Italians as the biggest group of foreign buyers of homes in the French capital, data from the Notaries of Grand Paris showed.
In terms of average transaction value in 2018, Chinese nationals bought homes worth €453,000 (US$502,000), the…
Source : South China Morning Post
Read more…Chinese buyers pile into French luxury property, unhindered by ownership restrictions















