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What is happening to property prices in chic Provence? Well it seems according to the Daily Telegraph that demand is still high in the chic coastal resorts such as St Tropez.

One estate agent reports "feverish demand" for apartments and beach houses below €20 million (£17m) in the area – not from Russians but French, Italian and even English families looking for a second home in a quality location".

Posted via email from France Miscellany

Investors considering obtaining a French mortgage could not have picked a better time, according to the experts.

Financial analyst Consultancy Global Insight has said that the French property market is likely to remain “dynamic” in 2007.

The firm insisted that although there had been reports that the number of new home building projects in the country had dipped by 15.1 per cent from February 2006 to the same month in 2007, a crash was “unlikely”.

French property proving popular

Research from the Federation Nationale de l’Immobilier revealed that house and flat prices across the country rose by one per cent and two per cent respectively in February, compared to a month earlier.

Economist Sonia Pangusion said: “With the economic expansion seen in 2006 likely to remain broadly on track in 2007 and with continued favourable credit conditions, the French housing market will remain dynamic in 2007.”

Brits get French mortgages

Meanwhile, a recent survey by currency firm HiFX has revealed that France is still the most popular destination when it comes to buying property abroad.

Perks like the French railway which helps people to travel in France with ease means that families are still flocking to buy holiday homes and older couples heading there to retire.

They are often prepared to travel further but like the convenience of low cost airfare destinations to all parts of France. So a Provence Property is less than 90 minutes away.

More articles on France >> French Articles

Luxury French Property

These are France’s dream properties to own – from fabulous chateaux to luxury villas on the Cote d’Azur. Live like a movie star in your French pad. Buy one today! Mere pocket money for some……enjoy:

[kqf=5]Click titles for full details.

This list updates automatically so bookmark!

Many more – click here >> Luxury French Property

French Villa Rentals can be an excellent source of revenue! So they can be an excellent investment. July and August rental income can even cover the mortgage payments! The Med coast has seen significant price rises on Villas in the last 5 years so capital growth on your investment could be top rate. Of course, historical rises cannot be guaranteed in the future.
Where to buy a Villa for investment?

In France the most important destination in the summer is the Mediterranean coast – Provence and Languedoc-Roussillon. French Villa rentals in July and August command top rentals. A modern villa with swimming pool can rent out for 1500 euros to 2000 euros per week. If you want to do some research find some French villa rentals on the rentals section at 1st-for-french-property.co.uk. Choose Provence, for example, click through for more details on a property, and on the details page click on the “Check Prices and Availability” Button. On the Calendar page, hover your mouse over a week in July and August and see the prices! Do your research well to pick an area for invesment. Do not forget the income tax, local taxes, advertising and servicing charges in your calculations!
It is quite usual for Villas to be fully booked during the high season. June and September can be good too! Where else to look? Biarritz and Bayonne, Arcachon, La Rochelle, Ide de Re on the Atlantic coast are also very popular.

We have over 800 French Villas for sale on 1st for French Property for further perusal.

Other markets:

Prague Hotels -
Prague Accommodation in Prague hotels and apartments in all price and type categories, mostly in historical center.

Siesta Key Vacation Condo Rentals – Luxury vacation condo for rent by owner in Siesta Key near Sarasota, Florida.  Private access to Crescent Beach.

Lots of new property for you to enjoy … 70 more properties today and over 300 properties added in the last fortnight.

What would you expect to pay to buy on the South Coast of France? How about less than £80,000! Yes you read that correctly!

Our first is in the Provence no less!

And second is further West in Fitou (yes the Wine Growing area), and very near the sunshine coast in the Languedoc-Roussillon …….

Ref:V542

Charming house situated in the beautiful wine village of Fitou This pretty little house, with exposed stone walls, has a habitable space of 60sqm, but you have the possibility to extend by adding a second floor! At the moment the house comprises a living room/kitchen area, a large bedroom and a bathroom All of this on a land (where you can put a pool) of 614sqm, with a covered terrace With a lots of ideas, you converted it into a wonderful house, where you could live all year round!! Must be seen!!!! How much? Just 110,000 euros!

Other highlights……..

Ref: BF530 at 88,000 euros – Haute Vienne, Limousin – Two bedroom restored house in Parc Naturel.

Refs: 20030 / 20031 / 20032 from 143,000 euros – New development at Monflanquin, Lot-et-Garonne – One to Three bedroom restored house in Parc Naturel.

Further details of these properties and other new properties here:

http://www.1st-for-french-property.co.uk/whatsnewEP.htm

Enjoy and book some viewings today!

We often get asked about good areas to invest in France…here are the thoughts of one our independent Estate Agents in the Provence, France

In general, following studies of the latest information, it shows that in the next 30 years 20% of the European population will live on the coasts, so the demand for coastal property will not stop.

We think that the prices in the Alpes Maritimes and the Bouches du Rhone departments will not increase as much as in the Var department. 5 years ago the Var was twice as cheap as it is now and well below the prices of Alpes Maritmes and Bouches du Rhone. Then people discovered the Var department and loved it – it is wilder, flat (compared to the Alpes Maritmes where you are in the mountains – if you want to be a little bit away from Nice) with a lot of vineyards, and so the prices have doubled but still remain cheaper than the 2 other departments but it will keep on increasing! If you want to make a good investement I suggest you buy in the Var.

In the Bouches du Rhone, there is also a good town to invest in: it is called La Ciotat, it was overlooked because of the shipyards. The shipyard has gone out of business and the village is attracting more and more people, and yet the prices are cheaper than the neighbouring villages.

Do not hesitate if you have questions.

Valérie JOIE

PROVENCE PROPERTIES
www.1st-for-provence-property.co.uk

Tel/Fax: 04 94 04 85 25
Mobile: 06 11 62 51 65