We believe the time is right. But, of course, we would say that!
What regions of France to look at? Check out: Brief history:The capital of the Deux-Sèvres department is Niort, which used to make leather breeches for the cavalry and is now France’s risk-assessment capital. Seems a logical progression. Angelica (that green stuff your Gran used to put on cakes) is grown in the nearby Poitevin marshes. Angelica can boost the immune system and cause local anaesthesia. Brilliant. More: Poitou Charentes Properties
The Limousin in central France is rural with lovely summers. There are many market towns, rivers and lakes to enjoy. The pace of life is slow and you can unwind and relax in this atmosphere. Property prices are very attractive too! More: Limousin Properties
There are however, three main reasons behind our thinking. There has plenty of encouraging comments in the French Property News media. Timing and Location, Location, Location are prime issues when buying a French Property. We examine the French Property market and give reasons why you should be buying now.
First, there are real signs of the recession bottoming out, and those well publicised “green shoots” appearing. French property prices have weathered the recession well and the French are buying again.
Second, the pound sterling has recovered against the euro and forecasts suggest that pound sterling may move within the 1.20 to 1.30 euro range to the pound within a short time frame. This makes French property cheaper to sterling buyers. Similarly. other currencies have strengthened against the euro and other foreign buyers will be attracted to the French property market.
Third, President Sarkozy is introducing tax measures that residents can offset 25% of the cost of buying a residential property against their personal income tax, up to a maximum of €75,000 on a €300,000 property. In addition, laws introduced by Sarkozy, which support broader home ownership, have been a major driver. From the beginning of 2009, France has offered certain homeowners zero-interest loans of up to €30,000. All of these measures will push demand and prices will rise as a result.
Choose a region of France that appeals to you, and look for the many bargains that are around.
1st for French Property was established in 2001 and we have plenty of experience to help you buy a property in France.
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