Looking to buy a holiday home or re-locating to France? France is a big country so the choice is large. Our 2 videos help give you a flavour of France. The first video travels across northern France and down the eastern border to the Mediterranean regions, across the Pyrenees to the west coast.
The second video covers the West coast of France and into the central regions of France.
If you want to view more videos for each region: Regional Videos
One of the major factors for a UK resident deciding to buy a French property is the sterling / euro rate. If the pound gains in strength, then a French property becomes cheaper (in pound sterling terms). So where is the currency market heading? Our partners for French Currency Exchange Services at WorldWide Currencies provided the following summary (April 2011).
GBP (Sterling)
Economic data from the UK shows stronger industrial/export growth. Despite stronger than expected`official’ retail sales data this month, the British Retail Consortium data definitely confirms weakness in thissector. Austerity measures continue to bite with consumers reluctantly spending. Medium term economicgrowth prospects remain clouded thus keeping the Pound under pressure against the Euro as marketsexpect the ECB to continue their rate hiking programme. Consumer confidence remains low in the UK. AnySterling gains made versus commodity based currencies in March have also been given back this month.In this weaker USD environment the Pound is expected to trade higher versus the USD, but looks cappedagainst the Euro at 1.1350.
EUR
The Euro traded above €/$ 1.46 and has made further gains since yesterdays FOMC meeting and pressconference. Euro sovereign debt issues have taken a back seat again despite a further downgrading ofGreece. A second round of hawkish comments from ECB’s Trichet this month results in more aggressivebuying of Euros. One would now assume that Euro Zone inflation is more of a concern for the ECBcompared to those views of the Fed Reserve and Bank of England. Two further rate hikes of 0.25% areexpected by the year end.
EUR Trend: Overall – Euro Positive
If you have any currency concerns or want the best rates with no commission charges –> Worldwide Currencies
Sunday 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
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.....click title for details