Record quantities of provincial property deals as French escape to the open country
French estate agents recorded new high numbers of country homes sales in 2020 as city dwellers suffering under Covid-19 restrictions fled small apartments in Paris and other cities for the countryside.
The FNSafer association, who are in charge of managing the rural property market, recorded 111,930 house purchases by people from outside the farming community in 2020, up 6.6 percent in a year.
The exchanges, which covered homes with a minimum of five hectares of land attached, added up to an aggregate of €23.5 billion, a 12.1-percent increment more than 2019.
FNSafer said the trip to the wide open countryside was driven by a desire for more space during progressive lockdowns as a mass shift to remote working takes place.
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Blog : Record quantities of provincial property deals as French escape to the open country
