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Costa Del Sol - Spain Duquesa Village UP TO 65% DISCOUNT AND UP TO 100% FINANCE!! We are pleased to offer 2 and 3 bedroom apartments in thi ...
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Posted On: 29/05/2010
France was the most searched for destination in the most recent chart released by Primelocation.com, one of the largest portals in the UK. According to the portal, searches for property in France have increased by 158% in the last year.
French property will always be a popular choice with British buyers, but some had feared that it could lose out because property prices have not fallen by anywhere near as much as other places. However, most overseas property buyers right now are wealthy lifestyle buyers taking holiday homes or making holiday home investments.
To this buyer group, who are currently very risk averse because of the downturn, the stability of French property is worth paying more for.
To those after a safe holiday home investment there really isn't anything safer than a French leaseback property. The scheme has been successfully making investors happy for well over a decade; offering investors a holiday home, a rental income guaranteed by the French government, and in return all they need do is lease their property back to a management company.
On top of that, while the national average French residential property price may not have fallen by much, buyers who have the cash in place to make a swift purchase are able to negotiate favourable deals of up to 20% below asking price. In France, the cities are popular, as are the mountainous areas, and obviously the coastal regions. Azure Overseas are currently marketing leaseback studio apartments in Brittany for just £53k.
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