Released on: December 3, 2007, 10:35 am

Press Release Author: Jim watson

Industry: Real Estate

Press Release Summary: The recent arrival of the new, high-speed Eurostar has caused
a considerable stir. Apart from the carbon-neutral nature of the journey and the
transformation of the once drab and grim-looking St Pancras into a shiny new London
terminal.


Press Release Body: The recent arrival of the new, high-speed Euro star has caused a
considerable stir. Apart from the carbon-neutral nature of the journey and the
transformation of the once drab and grim-looking St Pancreas into a shiny new London
terminal, the prospects of faster connections between London and Paris has raised
expectations of a boom in French property.

Already the possibilities have been noted, with the Daily Telegraph reporting
earlier this month that there was a likelihood of more Britons looking to buy in
France. Financial services company HIFX said there had been a 17 per cent increase
in enquiries from British residents about French property between August and
September, while a spokesman for French property specialists VEF, Peter Wheelton,
said there had been a \"particular\" increase in interest.

Mr Wheelton added that some areas in northern France property had particularly
favorable prices, but the better access to the French capital may have direct
implications for the popularity of Paris French property in and around Paris itself.

Property and Tourism group Pierre & Vacancies certainly believe this will occur.
Business development manager Roman Carel assessed the impact of Euro star by saying:
\"It\'s going to possibly increase commuting between the two cities and definitely
impact the investment decision of a certain category of people.\"

This certain category, he suggested, would include bankers traveling between the
capitals on a weekly basis, plus their wives who could enjoy shopping in Paris and
their children who could be educated at a \"more or less cheaper\" price.

Even if this did not benefit Paris, it would probably do so in the hinterland around
the city, where country houses would be the focus of second home buying. Beyond
this, he added, there was the potential to hop on a second train in Paris and head
for Lyon or Marseille.

However, Mr Carel stated, the chances were that the romantic and fashionable
attractions of Paris would win the day.

He named the sixth, sixteenth and fourth arondissmnets in the city as the most
popular, but suggested another location as the best bet: \"Generally speaking, in
terms of places where you still have investment opportunities in terms of price,
people tend to go in the eighteenth, in Montmartre, where they shot Amelie Poulain.\"


The film Amelie had a similar effect on the district as Notting Hill did on the
London suburb of that name, Mr Carel noted, making this now a popular place for
investors.

Euro star itself is certainly on the up. A press release by the company revealed
that in the third quarter of this year there had been a 3.6 per cent rise in
passengers, to a total of 2.23 million. It may come as no surprise to see more and
more of those heading through the Channel Tunnel doing so with property investment
on their mind.

Web Site: http://france.assetz.co.uk/

Contact Details: Address:Assetz House, Newby Road, Stockport,Cheshire,SK7 5DA

fax:0845 400 6010

email:linkexchangeseo@gmail.com