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“Now is the best time to buy French property”, experts have declared as low prices and mortgage rates fill the market with “extremely good deals”. Sluggish transactions and economic concerns have seen lenders cut rates significantly at the start of 2013, helping mortgage rates to fall to historic lows last seen at the end of the Second World War.
House prices fell in the Euro area at the end of last year, according to official figures.
French property prices are predicted to fall in the face of Francois Hollande’s austerity measures. Prices of French real estate are expected to drop 2 per cent this year, according to the national federation for estate agents (FNAIM).
According to the latest data from FNAIM (The National Federation of Property Industry Agents in France) house price growth across the Channel slowed to 0.8% in 2012 and is set to fall by 2% in 2013.
Research conducted for HSBC's latest Future of Retirement - Why Family Matters report (2011) has revealed that whilst the majority of Brits nearing retirement would like to live near their kids and grandchildren, only a very small minority would be happy to spend their twilight years actually living under the same roof as their offspring.
The ski property market in the Alps is building up momentum as the 2012/2013 season looks set to achieve record snow falls. Visitor numbers and hotel bookings are both up, according to the latest report from Alpine Homes in association with Savills, with diligent investors returning steadily to the slopes.
French real estate investment transactions hit a total volume of €16.8 billion last year, according to Savills, marking an annual growth of 4.5 per cent and ranking above the 10-year average of €14.2 billion.
Despite a lack of available development financing Central & Eastern Europe's (CEE) office market is generally still growing much more quickly than the majority of its Western European counterparts, according to the latest research from global property advisor CBRE.
Finest Global continues its focus on the South of France with its guide to luxury property in Bouches-du-Rhone...
When it comes to French property, Côte d'Azur is king. The area's famous beaches and celebrity residents makes it the most popular region in France for real estate - and luxury real estate is no exception.
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