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Vivre La France - Or So It Seems |
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HOME >> NEWS >> Vivre La France - Or So It Seems |
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 France seems to power on, in the international property power struggle on who keeps their heads afloat and who doesn’t. While markets like Spain and Vietnam collapse, France is stronger than ever. The strong Euro doesn’t seem to deter Brits from investing in France’s wide range of affordable properties.
Some put this down to the obvious transparency of France as a real estate market, others reckon that living in France is just unbeatable for value. With property prices on the rise since the early new century, markets have seen a strong growth all the while.
David Frere-Smith who manages the listings of French Property Links (with over 17,000 listings country wide) said “People feel really comfortable with France. In addition, we are finding they are gravitating towards the old, old favourites such as Provence and the Dordogne”.
The Provence has long been a national favourite when British investors look at buying property in France. Images of gentle rolling fields of lavender evoke the senses, the ever increasing quality of the local wines moves in for the kill to convert more skeptical investors.
Some of the small townships have experienced a massive shift in growth over the past five years with activities going on pretty much all year round. While the new cashed up Russians buy up the more expensive regions on the Cote d’Azure such as in Monaco, the rest of us ventures further inland to seek a more traditional French experience.
While the rising Euro has slowed down the middle market somewhat, the lower end property market with properties ranging from €200,000-€300,000 is on fire right now. In some areas like Luberon, investors can find a ready to move-in large farmhouse for around €800,000.
The Dordogne is also known as “little Britain” due to the vast number of ex-pats who make their new life in the area. In some instances they even outnumber the local villagers which will keep the English spirit alive for sure. If you are after a bargain, then stay north where prices are less than in the more expensive south.
Right now, the Dordogne is ready for British (or other buyers) who had enough of their own.
If however you are more interested in keeping local French traditions and authenticity, you will find the Gascony to be rather suitable. Just be warned though, you really ought to speak the local tongue here.
You will find rolling hills, friendly locals and relaxed living amongst a temperate climate in Gascony. To give you an idea on the market, you can get a 19th century farmhouse with an attached converted barn and swimming pool for some £237,500.
For real value however you might even consider the Languedoc region. With prices some 30 percent lower than the Provence on average it isn’t hard to see why Languedoc is creeping up on the map.
France is easy to reach from all of Europe which gives it another bonus brownie point. With fast transportation networks it does seem understandable why the British gobble up the property like there is no tomorrow right now.
Source: http://www.overseaspropertymall.com/ |
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International Corporate Governance
This issue explores how governance attributes are directly related to the substantial variation - across both countries and companies - in ownership, investment and valuation. |
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