Stronger buyer demand for properties in France

September 8, 2016

Following a long period of stagnation in house purchase activity across France there now appears to be a pick up in demand.

The French economy has performed rather poorly over the last five years, many in France blame the Socialist Government along with President Hollande who is rated as one of the most unpopular Presidents of all time.

Presidential elections early next year is giving hope to many that things will change and that overall confidence will return to the property market.

According to the popular property portal Seloger.com, momentum has continued to build this year, prices during the year to date have risen in 80 per cent of French cities, data highlights the fact that prices are not all rising at the same rate across France, with certain regions and cities performing better than others.

Christiane (Independent Agent) with Devin Immobilier in Burgundy says. “We have seen a marked increase in numbers of French looking to buy in the countryside, especially those who are retired or retiring and want a quality life away from the cities. We do have potential foreign buyers from Holland, Switzerland and Germany, interest from Brits is still somewhat subdued at present, probably due to continued uncertainty surrounding Brexit”.

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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