The Move Channel, which tracks and analyses property enquiries around France, has found that most enquiries are focused in the region including Provence, the Alps and Cote d’Azur (PACA). PACA snared 15.65% of all French real estate enquiries last year, compared to Aquitaine at 14.11% and Languedoc Rousillon at 13.94%. Paris, however, leads all areas when it comes to investment appeal, according Move Channel research. The company notes that researching how people are searching for properties on the Internet is providing new insight into buyer behavior and what they may be seeking in the market. For more on this continue reading the following article from Property Wire.
The most popular region in France for real estate in 2011 was PACA (Provence-Alpes-Côte d’Azur), according to a new infographic based upon enquiries.
Property in PACA accounted for 15.65% of all French real estate enquiries received last year by overseas property portal The Move Channel.
Other southern regions are also popular with house hunters, with Aquitaine receiving 14.11% of enquiries, closely followed by Languedoc Rousillon with 13.94%.
The least popular area for property in France was Lorraine, with 0.29% of French property enquiries.
Despite this demand for property in the South of France, Paris is shown to be the city with the strongest investment appeal, accounting for over a fifth of the portal’s enquiries last year. Bordeaux and Marseilles were close runners up.
The chart also highlights buyer behaviour. Analysing the trend of search keywords in Google the words ‘houses for sale in France’ was the most commonly used phrase. It was also used twice as often as ‘property for sale in France’ and ‘French property’. The word ‘houses’ was used far more than ‘cottages’ or ‘villas’.
‘This is the first in a series of infographics that will provide overviews of global property markets in a new and accessible way,’ said Move Channel editor Ivan Radford.
‘We’ve found some really interesting facts about French real estate. The preference to hunt for houses is a particular surprise, which can perhaps be explained by the number of lifestyle buyers searching for a French holiday home. We look forward to doing the same for other countries,’ he added.
This article was republished with permission from Property Wire.