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Investment Property in France

If you have a holiday home or investment property in France - it could be a good time to sell. The euro has strengthened against most currencies. For example, it has changed from 1.48 to 1.24 euros to the pound in the last six months.

So just from a currency angle, you could be sitting on a good profit. If you property was valued at 200,000 euros (£135,000) six months ago. On currency valuation - it would be worth £161,000 today. Nice little potential profit on £26,000 - before expenses and fees.

Have property values decreased in France? They have been fairly stable over the last year but times are getting tougher so a quick sale would be advantageous! More on sell your French Property.

Popularity: 13% [?]

New research shows that the 2 million University students in France are finding it difficult to find accommodation.

Developers are already investing into this new market: for example, Gecina Group acquired 4 new student residences at €28.5 million. Icade purchased a majority holding in developer Opera to add 600 - 800 new rooms per year.

The French CGT rates for foreigners are a max of 16% making this an attractive investment for Buy to Let landlords.

Popularity: 8% [?]

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

Popularity: 25% [?]

Leasebacks

Leasebacks have just got better with some important French TAX changes - more of that later. With a French Leaseback, you buy a property - typically in a ski, beach or golf development - and receive back the local tax (TVA). TVA is levied at 19.6% in France. As well as this substantial perk, you received a guaranteed rental income for initially 9 to 11 years.

How much does the Property Price appreciate?

Here are some examples provided by the biggest leaseback developer in France:

1 bedroom Meribel apartment bought in 2003, appreciated in value 118.3% when sold in 2006.

1 bedroom Coudalere apartment bought in 2004, appreciated in value 97.4% when sold in 2006.

Of course, we cannot guarantee such high levels of growth on future purchases

SIPPS

Another big tax perk for UK buyers is the benefit of buying a leaseback within your SIPP. Many of our developments are classed as “commercial” and can be included. We have leasebacks in France and Spain that can be included in SIPPs.TAX BENEFIT
There has been recent clarification of a new French law regarding VAT and leasebacks. Upon the sale of a leaseback property, owners now no longer have to repay the VAT pro rate temporis as long as the new buyer continues with the lease agreement - the new buyer does not therefore have VAT to pay either.

OUR TOP TIP

CENTER PARCS

Lac de l’Ailette, the first Center Parcs Europe Domain developed by the Pierre & Vacances Group, opens in July 2007.

The new generation Center Parcs is in a league of its own - with high quality furnishing, LCD screens, private terraces and three different types of Cottages.

We expect reservations to be snapped up fast - please contact us if you wish to reserve.

Sebastian Jay
PropertyMagnate.com - Leaseback Investments
tel: + 44 (0)1525 635191

Popularity: 33% [?]

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:

Top 10 Most Expensive French Properties

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This list updates automatically so bookmark!

Many more - click here >> Luxury French Property

Popularity: 24% [?]

Fishing is a favorite pastime in France - the many lakes, rivers and fine weather make this a pleasant and relaxing outdoor activity. Overseas fisherman are beginning to holiday in France for long weekends or longer to enjoy their pastime. The easy access via the channel ferries, tunnel and cheap flights are making France very accessible.

It is no surprise that investors are moving into the market - many from the UK! Please send me details of “French carp lakes for sale” or “lakes for development” or “rivers with fishing rights” are the requests! Enquiries are increasing in this market.

We have a selection of lakes for sale at the moment:

Just French lakes for sale << click here

Popularity: 100% [?]