France still ‘one of the best’

France has again consolidated its position as one of the world’s top investment hotspots…

According to a survey conducted by property investment magazine Jet-to-Let, France was the second most popular country for foreign property investors in 2008.

In order to provide an up-to-date snapshot of investor intentions in 2008, Jet-to-Let magazine surveyed 1000 new readers who recently subscribed to their free quarterly investment magazine.

The results, which provide an interesting comparison with a similar survey conducted last year, show that investor interest is continuing to shift away from the UK buy-to-let market and towards foreign investment opportunities.

Dominic Farrell, editor of Jet-to-Let magazine “France and Spain will always be in the top three for UK and Irish buyers, but the relegation of Spain to number three reflects the Change in market conditions and an erosion of confidence following the recent property market scandals, principally in Marbella”.

The Jet-to-Let 2008 top 10 survey results are:

1. Cyprus
2. France
3. Spain
4. Germany
5. USA
6. Morocco
7. Italy
8. United Arab Emirates
9. Turkey
10. Brazil

The top 10 in 2007 were:

1. Cyprus
2. Spain
3. France
4. Morocco
5. Portugal
6. Bulgaria
7. USA
8. Germany
9. Turkey
10. Poland