Surge in the popularity of French property

Property Abroad says "Experts are predicting a massive surge in the popularity of French property as the pound strengthens against the Euro, and France stands supreme outside the European Union debt debacle."

Here are some more extracts from their article ....Despite agents and developers putting a brave face on it, demand for Greek property has fallen away because of uncertainty over the country's economic standing. This puts countries like Italy, Portugal and Ireland in a difficult position, when it emerged that their deficits were not much lower than that of Greece.

This is likely to put countries like France, with much better fiscal statistics in a commanding position, of course more so France because of its proximity to the UK and its tourism industry.

The biggest helper for Eurozone property markets when it comes to British buyers is the fact that the pound is finally gaining some real ground against the Euro. In the last few months this has started to come back down, with the ceiling coming up from 1.00GBP/1.05EUR, first to 1.10EUR, and more recently to 1.15EUR. This makes Eurozone property 10% cheaper than it was in the last quarter of last year. Combine that with the price drops and people are getting some good deals.

Here is a good example of a property with 2.5 hectares of land at less than 100,000 euros ...

This detached house is situated in a peaceful hamlet close to the lively little town of Chaillac where there are a selection of small shops and services as well as a lovely swimming and fishing lake.

The property needs renovating in some places and updating in others and a new fosse septique will almost certainly have to be installed, however it has bags of potential and 2.5 hectares of land!

More photos and details >> Chaillac Property

Posted via email from FRANCE facts about