2015 the Year for Property Investment in Europe
Looks like it’s onwards and upwards for Property Investment
The surge of Investment in 2014
2014 saw 50.8 billion transacted in the European Property Investment market. This was an increase of a whopping 35% on the previous year's performance. Whilst the UK and Germany continue to dominate European property investment market, impressive results were also observed in both Spain and Ireland. There has also been strong growth in investment in other markets such as Italy, The Netherlands and Portugal. The UK's growth portfolio now puts it on a par with Germany. Ireland has seen a surge in its growth position in both 2014 and 2015, putting it at the top of the GDP growth table. Spain and the Netherlands have been more resilient over the last few months and their growth in 2015 should be stronger than in 2014.
France is a Leader when it comes to tourism and Property Investment
France is one of the world’s top tourist destinations, with over 83 million foreign tourists. It remains the global leader with its dynamic tourism sector that is rapidly transforming offering a broader range of things to international tourists. To meet the needs of the growing customer base, the French government, accompanied by a few pioneering entrepreneurs, implemented a number of measures for example allowing tourists to invest in their very own tourist residence. But what is a tourist residence? It can be defined as a residence of tourism classified as a hosting business establishment, subject to permanent or seasonal operation. In concrete terms, we define a tourist residence as a residence managed by tourism professionals that also offers services.
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