Some good news in Buy to Let property market, France
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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.
Do you want to hear the good news first or the bad news?Good News - President Sarkozy has introduced some new measures. So the good news - three significant changes. On IHT (Inheritance Tax): There is an exemption for husband and wife, and the exemption has increased to 150,000 euros.....click title for details
Property experts have revealed that now may be a good time to buy an off plan property in France after improvements to the country's infrastructure look set to see "more money coming in".According to Investors Provident, money being ploughed it to the French railway system could in the future increase.....click title for details
























