Buying Property in France
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Buying Property in France

Property in France remains extremely affordable.  This alone makes investing across the Channel very appealing. However when you add in breathtaking scenery, wonderful architecture, rich history and a fascinating culture, it is easy to see why so many are enthralled with the country. France is the world’s biggest tourist destination with in excess of 76 million foreigners visiting annually and, for some, a fortnight in a gite or a resort is not enough . They become determined to enter the world of real estate in France and purchase their own French properties.

Buyers, especially pure investors, are desperate to hear the latest French property news to see how their French investment property is performing. Even if you did not enter the market with buying investment property in France in mind that is what you have done. Buying property is the biggest investment most people make so it is vital to do your homework before committing to an expensive French investment property.

The market for French investment property is always changing. Prices continue to rise across the country but growth is stronger in some areas known as hotspots than others, with some types of property outperforming others. You should endeavour to find out about regional price variations when looking at investment property in France.

The above is true whether you are a serious and experienced investor or whether you hope to make some extra income buy turning your holiday home into a French investment property by leasing it out.

Buying off plan property, means committing to purchase a new-build home before it is completed. The leaseback scheme means buying in this way offers access to some fantastic investment property in France. Buying in this way is increasingly popular with overseas investors concerned with the capital growth and rental income generated by their French investment property.

 

 Contrary to some dire predictions the French property market remains in good shape according to FNAIM, the French estate agents association. Their latest report acknowledges some slowing in the market but also predicts investment property in France to remain a worthwhile purchase. This information is relevant to buyers of holiday properties as well as French investment property.

 

Letting your French property when you are not staying there generates income as well as equity. The leaseback scheme offers more opportunities to benefit from the rental market. Long-term tenancies are increasingly becoming a way of making the most of your investment property in France.

 

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