Properties Required in Spain and France
Overseas properties required for sale in France and Spain to cater for increased Russian demand.
Niche investment agency, Appreciating Assets Ltd, has today expanded its sales’ services to cover two new countries, France and Spain. The Dublin-based firm specialises in helping Irish investors sell their overseas properties to Russian investors, who are currently the most prolific buyers in overseas property across Europe. They now require properties in France and Spain in order to cater for demand from Russia buyers; both countries are where Irish property investors bought heavily during the boom.
Russia property buyers are now some of the most prolific in Europe. The economic downturn has not affected Russia as much as the rest of Europe and it never fell into recession. The IMF has forecast that within three years the Russian economy will be the second largest in Europe. Seafront properties are very popular Russians who are very prominent prestige buyers on the Costa Del Sol and Côte d’Azur, as well as the French Alps.
Dylan Cullen, Managing Director, Appreciating Assets Ltd, said: “Many overseas property investors are looking to sell their property but don’t know how or where to sell them. With few Irish people buying overseas property they need to look to attract foreign investors if they want to sell. So we’re asking for people to contact us now if they have properties they want to sell in France and Spain.”
Focussing on this rare niche in the overseas property sector appears to working for the Dublin based company, they have sold 225 properties since the beginning of last year, no mean feat in a recession. They are also one of the few niche property investment companies that are expanded in the recession, as well as extending the countries they cover, they have recently opened a new office in London, their third after the existing offices in Dublin and Sofia.
Appreciating Assets made their name in Bulgaria where they originally developed commercial and logistics property. It was whilst there that they built links with Russia and began helping the many Irish investors with property there sell on their investments.
Property investor looking to sell their properties should call Appreciating Assets Ltd for further details on 01 6141300 or they can submit their property details on www.appreciatingassets.ie.
For media enquiries please contact Simon Palmer at Republic PR on (ll) + 353 (0) 1282 2504, (mob) + 353 (0) 851 341 761 or email simon@republicpr.ie
Notes to editors
Dublin based Appreciating Assets Ltd was set up in 2006, the Directors have almost twenty years’ experience in the investment sector, and have funded and developed several successful projects in the South of France, Portugal, the Czech Republic and Bulgaria. The initial focus of the company was on syndicated investments funds and commercial developments, as well as high end residential developments. The focus is no solely on helping investors sell their property investments to buyers from Russia.
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