Came across a some interesting thoughts on buyersfirsttimehome.blogspot.com
Here are some extracts from the article:
The influx of foreign buyers has been huge (around 100,000 each year) so have all the bargains been bought up or are there still cheap French properties for sale?
The answer you get will depend on who you talk to and where in France you are. Talk to a property agent from anywhere on the south coast and they'll probably tell you that cheap French property is a thing of the past. Talk to a farmer from the centre of the country and he'll tell you the same.
Photo by suvodeb
The thing is, it's a question of perspective. The agent probably mostly sees people looking for somewhere with sea views or maybe just a short walk from the beach. That's going to be expensive. Yet friends of mine bought a two bedroom town house not 15 minutes from the south coast at a bargain price just last year. It needs a bit of work but it suits them perfectly.
The truth of the matter is that certainly prices for French property have risen far more than just inflation. In some areas houses haven't just doubled or tripled but are many times what they were a decade ago. However, the explosive growth has now stopped and France still offers some great bargains whether you're looking for investment, a holiday home or a permanent move.
If you pick on the so-called hot spots like the Dordogne, Provence or the Alps you'll struggle. These places have always been pricey - even for the French.
Full story: Cheap French Property For Sale - Is There Any Left?
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