Stronger buyer demand for properties in France
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”.
You May Also Enjoy
Rightmove asks government to consider retaining first-time buyer stamp duty threshold
5 Steps to Becoming the Best Estate Agent in Your Town
Breaking Property News – 25/07/24
Rightmove’s weekly mortgage tracker
Why You Should Invest in Herne Bay Property