French Chateaux have Oz Appeal

Yes, after the Russians and Chinese, the Aussies are investing in French Chateau as reported by Adelaidenow.com.au Here is an extract of the article ....

FROM Pooraka to Provence: Australian buyers are saying "oui" to the French lifestyle and buying up chateaux which cost no more than some four-bedroom houses in Adelaide.

Thanks to the strong Aussie dollar and languishing French property market, rural properties that would not look out of place in a fairytale cost just $20,000 more than Adelaide's current median house price of $384,000.

A 15th century chateau near Bourges, a little more than 2.5 hours from Paris, comes with its own moat and lake, three apartments, a cellar and a barn and is selling for $404,089.

For the same price in Adelaide you could buy a three-bedroom townhouse in Seaton, a brick home on a large block in Klemzig or a four-bedroom family home in Aberfoyle Park or Hamley Bridge.

For a bit more, $602,392, you could own a fully restored three-storey chateau in the north of France - complete with six bedrooms, four bathrooms and set on more than 8000 sq m of landscaped gardens.

Interest in buying in the romantic European nation is at an all-time high, according to French property expert Gaelle Perreaux, who said inquiries had grown markedly since 2008.

"The prices of properties in Australia are so high that people get so much more for their money in France," Ms Perreaux said. "This has led to a dramatic increase in the number of Australians actively looking to buy and live in France."

Chateau buyers are typically attracted to properties with character, where the owner can walk to a local bistro or village bakery, according to Ms Perreaux.
Chateau.

Full article: Australian investors are taking advantage of the dollar to buy property in France

Some more Chateau examples in France:
19th Century chateau, renovation to finish, on 2ha in Central France 450,00 euros
Chateau in MONTREUIL: just a skip and jump from Calais -  tons of character for this impressive property located in a peaceful village - click here

Videos: Most Beautiful Chateau of France

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