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“Now is the best time to buy French property”, experts have declared as low property prices and mortgage rates leave real estate in France open to “extremely good deals”.
The comments arrive following a downturn in French property investment. Sluggish transactions saw sales of new homes fall by 18 per cent in 2012, according to the Bank of France, while existing home transactions decreased by 12 per cent.
Photo credit: Sharon.Schneider
This week, TheMoveChannel.com looks at leaseback property. What is there to like about them?
There are many things that people like to do in the summer. They do not tend to involve skiing. But that is exactly what is happening in France, where , an unexpected cold snap saw one ski resort open in June for the first time.
Europe's strongest office markets are offering “surprisingly large incentives” to investors, according to Savills.
Rocketing house prices over the last 15 years have resulted in many UK retirees living in increasingly valuable assets, which have grown almost twice as fast as the average pensioner's income according to research from the Equity Release Council.
South France has always been the more popular part of France for house hunters, with Provence-Alpes-Côte d'Azur leading the way. But away from the beach houses and luxury villas along the Riviera coast, there are many other reasons why south France's property market is so attractive to overseas investors.
EU citizens will be given the right to a basic bank account in any EU country, if new proposals are introduced.
Investment in European real estate soared by 28 per cent in the first quarter of 2013, according to Jones Lang LaSalle.
Demand for French real estate is being boosted by the “lowest mortgage rates for 65 years”, according to Leggett Immobilier.
The first ever real estate advisory serviced has been launched for vineyard investors. The service, announced this week by Christie's International Real Estate, brings together the agents' fine wine experts and luxury property specialists to offer a “discrete consultative service” for clients looking to acquire vineyards in sought-after wine regions.
The French Riviera is the place everyone talks about when it comes to buying French property, but while the tourist and investment hotspot is undoubtedly beautiful, there are other, equally lovely hotspots dotted around the country.