Spain has been traditionally the #1 market in Europe for overseas property. However, the downturn in the global economy, the oversupply of property, land grab and Spain's own economic woes has contributed to a huge decline in sales.
France, as reported by 1st for French Property, has become the #1 destination. Property prices have dropped especially in those areas that saw dramatic rises in prices before the crisis.
1st for French Property are recommending the Languedoc-Roussillon on the Med coast for good value. Prices are much more competitive. The region has excellent transport - TGV, many airports and autoroutes. The weather is lovely with over 200 days of sunshine. A very multi-cultural area with many influences making this a delightful area.
For those with renting in mind: this area has very high rental yields during July and August.
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