June 23, 2009 at 11:34 am
· Filed under Property Market
If you're new here, you may want to subscribe to our RSS feed. Thanks for visiting!
At last some good news on currency exchange which should help the French Property Market in 2009! Since the heady days of £1 to €1.50, we have seen the pound / euro at parity around Xmas 2008 and now it is edging back to €1.20
We have some expectation from the currency market that it could be in the range €1.20 to 1.30 soon. As economies struggle in the Euro zone, the euro is coming under more pressure and its strength is weakening. The next interest rate change in the UK look likely to be upwards and that should encourage appreciation against the euro.
Hopefully this will make French Property more attractive again for foreign buyers? There are certainly green shoots of recovery in some regions of France already – enquiry levels are improving with more people wanting to view.
Related Posts:Expats / Investors can make a quick profit on French PropertySunday Papers still advising a good time to sell in France
Do you have a holiday property or investment property in France ?? Papers are advocating selling (if you are inclined) very soon.? They argue that the euro is now likely to weaken against pound sterling so you get more sterling.....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
Permalink
June 10, 2009 at 8:59 am
· Filed under Property Market
The French Property market is showing some green shoots. So looking for a popular area of France? These results are the accumulation of property searches for the last 3 months (ending May 31st 2009) on 1st for French Property.
Once again Brittany is the front runner with the Languedoc-Roussillon hot on its tail. Chic Provence is in 3rd place and Aquitaine (Dordogne – very popular still) close behind.
Two of the cheaper regions – Lower Normandy and Poitou Charentes come next.
Perhaps, the surprise is the Limousin not making the charts. In terms of enquiries, Limousin is high on the enquiry list
Also read our article on the French Property Market
Related Posts:French Property Market: Outlook better for the Pound against EuroAt last some good news on currency exchange which should help the French Property Market in 2009! Since the heady days of £1 to €1.50, we have seen the pound / euro at parity around Xmas 2008 and now it is edging back to €1.20
We have some expectation from the.....click title for details
France and European Housing MarketThe latest European housing market review by the Royal Institution of Chartered Surveyors (Rics) said there was evidence of fragile recovery across much of Europe, with low interest rates and reviving economies helping to stave off "market meltdown".
Image via Wikipedia
Top Countries:
Scandinavian homeowners enjoyed some property price growth last year. Norway.....click title for details
Permalink
