Thursday 13 August 2009

Recession in France Ends

Today - August 13 2009 - France is officially out of recession with some positive growth. Germany has also come out of recession. So signs are looking good for Europe.

Of course, the property market in France will be encouraged too - although it has weathered the storm well in general and property prices have not drifted low as in many European countries. As always, there are bargains where you can still negotiate substantial discounts.

In the short term, we can expect to start seeing some price increases in the French property market, so if you intend to buy this year - get your skates on.

French Property Market
Where to look? Brittany Property has always been a favourite destination for the Brits so recovery could start quickly here. Limousin property has always been very attractive in terms of prices and there is a good supply of property in the 50K to 1ooK euros budget. Perhaps our main recommendation would be the Poitou Charentes property - great micro-climate and very attractive pricing in the East of the region.

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