Since the turn of the millennium, investment in the contemporary art market has risen steadily. And the opportunities for acquiring works of art are legion.
Why not invest in contemporary art?
The first thing to know is that the art market is no longer the preserve of an elite. The democratisation of the art market is evident in the fact that nearly 80% of sales are of works priced at less than $5,000.
It is therefore entirely possible to invest in the arts with a small amount of capital, for example, by investing in emerging artists who are destined to become the big names of tomorrow. It's also a significant way of diversifying your capital.
Secondly, the virtual market is attracting more and more investors. Online sales sites are multiplying, as are virtual galleries. Beware, however, of the reliability of all these portals. Only a few are reliable.
Lastly, investing in art is very attractive from a tax point of view, as the purchase of works of art is tax-deductible. If you are interested in investing in art to diversify your assets, and would like to find out more about how to benefit from the tax advantages, please contact read our full report on the subject published on the Artalistic! website.