According to new research by Century 21 published in Explorimmo, 85 percent of property buyers in Paris at this time (Summer 2014) are older than 30 years of age.
In fact, the average age of buyers in Paris at this time is 42 years old in contrast to the average age of buyers in France in general being 33.
It is worth noting the percentage of young buyers has increased with the lowering of the mortgage interest rates and with the lowering of Paris property prices.
The young buyers are willing to accept a smaller apartment in Paris and be able to afford to buy in Paris instead of outside Paris.
If you are considering buying a property in Paris and you would like to work with an English speaking bilingual French real estate agent please contact us. We can connect you with an agent in the area of Paris you prefer. Contact us here.
Original article in French here
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