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France 'good value' for property investors
A rental expert has said that Brits considering purchasing a buy-to-let property in France should think about the sort of people they want to attract before they seal the deal, Assetz reports.
Ross Elder, managing director of short-term rental website Holiday Lettings, said: "House prices are increasing in France, but as long as the investor purchases and furnishes a property to meet the demographic of the visitors to that location, there should be potential for attracting holidaymakers and achieving a return on investment."
Buy-to-let in the south For many people investing in a rental property in France, the south is a preferable option with its endless sunny days and long, sandy beaches attracting tourists from across the globe.
Other areas which are recommended are Languedoc-Roussillon, Normandy and Brittany which have hotspots where visitors head to all year round regardless of season.
These are recommended as they are more likely to provide the homeowner with a more stable return, although the amount people will pay to stay there may be less than in regions such as Provence.
For many buy-to-let investors, investing in one of the new developments in France is preferable as they are easier and cheaper to maintain.
Further, those who stay there are less likely to have difficulty with the upkeep of the building.
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