Sunday, October 14, 2012

European Real Estate | Second Homes | European Economy

New York City residents are increasingly buying property in Europe

How the markets they?re targeting are faring

October 12, 2012 04:30PM
By Tom Acitelli

From the October issue:?The euro may be muddling its way through an existential crisis, but there?s still real estate to be had across the continent ? and buyers, including New Yorkers, looking to plunk down all cash for it.

This month, The Real Deal talked to brokers and analysts to find out where New Yorkers are buying in Europe, given the euro crisis?s effects on global trade and investment as well as the recent political tumult, and to see how the various submarkets are holding up. [more]

Source: http://therealdeal.com/blog/2012/10/12/nyc-residents-are-increasingly-buying-property-in-europe/

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