According to a recent WSJ article “favorable exchange rates and steady property prices have led to big interest in markets like London, Paris, and Tuscany".
Maison’s new international properties specialist Elizabeth Dixon wholeheartedly agrees.
“I have clients interested in buying abroad who have been thinking about doing it for years, but are jumping on it now.
They see it as the opportunity of a lifetime.”
The dollar is stronger in Europe than it has been in years, and while property prices in the states are soaring, prices in most
European cities are holding steady or realizing only minor increases.
Elizabeth has clients who previously were looking at studios in Paris, and are delighted to now be considering one and two bedroom
apartments due to the extremely favorable exchange rate.
According to Elizabeth, clients with children in college planning to study abroad, are seeking to purchase apartments in London,
Paris and Florence. They intend for the apartments to be used for the term of study for each child in the family, with the possibility of renting the property when it is not in use.
Elizabeth contends, “The pandemic has redefined the conventional work place, opening the door to a second home abroad.
With the highway competitive real estate market in the States, there is no better time for a European investment.”
If you are already thinking about buying abroad, or are intrigued about the possibilities, reach out to Elizabeth Dixon. She’d be more than happy to answer your questions and help you make the first steps toward your dream of international living!
Elizabeth has been in Charleston for more than 20 years. She lived in Paris for four while raising her children and is a fantastic resource for those looking to relocate abroad, purchase a second home, or find a fabulous rental. Elizabeth continues to travel extensively and we are proud to have her as our "international queen".