Sunday, 3 June 2007

Property Update

"Prices start from approximately £220,000. Mansoori-Dara says that the same apartments in London would be 'at least' triple the price. 'The property market in Paris is still hugely undervalued,' he adds.

According to foreign exchange specialist Currencies Direct, a three-bedroom apartment in the upmarket Le Marais area in the heart of Paris would cost £580,000. The price of a similar property in a comparably central area in London would be about £750,000."

The Observer today

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