January 30, 2008 at 10:01 pm
· Filed under French Property
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One big advantage for existing French Property Investors (from the UK) is that they are already sitting on good profits on their French property thanks to the strength of the Euro.
In the last six months the Euro has increased in value by about 10% against sterling (six months ago it stood about 1.48 euros to £1 – now about 1.33). So a property bought at 200,000 euros costing £135,000 is now worth in £sterling: £150,000. Many …
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French Business For SaleWe have just started a new section on 1st for French Property: French Businesses for Sale
We often get asked - "how can we move to France but also earn an income?" "We love France but we cannot afford to retire yet - have you any suggestions?"
So in the.....click title for details
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January 21, 2008 at 11:01 pm
· Filed under French Property
The euro has been gaining at sterling’s expense over the last few weeks – effectively making a French Property purchase more expensive for UK buyers.
However, it is worth bearing in mind that the euro interest rate is particularly attractive compared with the UK rate.
French Mortgages
For example, it is possible to fix rates at less than 5% for up to 7 years. There are many …
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The £ sterling / Euro exchange rate is at £1 = 1.51 euros. So a property priced at 151,000 euros will cost £100K (plus notaire charges). With further UK.....click title for details
Negotiate on your French PropertyThe weak pound sterling / euro exchange rate could be used to your advantage, according to foreign exchange specialists HiFX.
Mark Bodega, Director of HiFX, says "Most buyers work to a budget and changes in the euro/sterling exchange rate have therefore led to people reviewing what properties they can afford".
If you.....click title for details
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January 15, 2008 at 1:01 am
· Filed under French Property
With the Buy to Let market in the UK showing signs of decline – where to look next? Well Provence (Provence Alpes Cote d’Azur) looks a hot prospect. Apart from the playground of the jetset – from Elton John, Tina Turner, David and Victoria Beckham, Brigitte Bardot, Ivana Trump, Bono, The Edge, James Gandolfini, Roman Polanski, Michael Jackson and many more – this has much more going for it. Weather, gastronomy, glitz, beaches, night life and beautiful villages and stunning landscapes. …
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Related Posts:Rural properties for sale in FranceMany people who want to move away from Britain to start a new life are attracted by the thought of buying rural property in France.Whether they are considering investing in Gites to make a living in France, looking for watermills for sale or buying a chateau, you can rarely beat.....click title for details
Investing in FranceBuying a French holiday home and then renting it out is likely to earn you a fair bit of cash, according to the latest figures. The study says shows that currently there are around 400,000 overseas properties owned by British investors with over half of these in Spain and France.Income.....click title for details
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January 14, 2008 at 1:01 am
· Filed under French Property
Witha background of economic uncertainty, it is difficult to call theproperty market in France for 2008.
2007was a tough property market for most regions of France – the resultwas that property valuations became far more realistic, and saleprices were open to negotiation!
Inthe UK, many mortgage clients on fixed period discount mortgages wereshocked by the new monthly payments on variable rate mortgages.Families have had to adjust their monthly spend, and may even …
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Related Posts:French Property Market 2008The first months of 2008 have been very slow for French property sales. Our Immobilier have reported low enquiry rates and few viewings. However, since Easter the French Property Market has shown some positive signs with more enquiries and viewings.
A major obstacle has been the strength of the Euro -.....click title for details
Most Popular Regions in France for Property HuntersBelow are the results for January 2006 with a comparison with January 2007.
The survey from 1st for French Property is based on a sample of 73,000 visitors viewing over 950,000 in the month of January.
The comparison with January 2007 is based on the % of pages viewed......click title for details
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