'Buy property in France,' expats advise

Prospective expats have been advised to consider buying property in France by a couple who recently headed across the Channel. Tracey Harris and Frank Maximillian left the UK earlier this year and said they are enjoying life in their French property.

Ms Harris told the Daily Mail that life in their converted 19th century flourmill was far more relaxing than living in the UK.

"We love France as you feel like you can breathe Life is simpler, safer and calmer," she commented. She admitted that the cost of living in France was proving slightly more expensive than in the UK, but said she was happy she left because her home country has become "materialistic".

The Times recently listed Brittany as an area of France that is particularly popular with buyers from the UK.

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French Property Market to Remain Stable

It has been revealed that the overseas property hotspots in Southern France are seeing demand from overseas property buyers continue to outstrip supply. The French National Estate Agents Federation (FNEAF) reports that French property prices overall rose by 7.1% in 2006, 3.8% in 2007 and 1.7% in the 12 months up to July 2008 – making it one of the few places in the world that has seen continual price rises throughout the credit-crunch.

Liam Bailey, chief market analyst for upcoming property portal Property Abroad had this to say of the revelation:

“ France has seen such continued – if steady – increases in property values, mainly because it never really became swept up in the overseas investment boom. In the last 2-3 years thousands of savvy people with a pound to spare decided to put their money into overseas property, but did so, mainly in off-plan properties in emerging markets where prices were incredibly low, and the opportunity presented itself for immediate high-level gains and incredible rental yields. France never exactly offered an abundance of these properties, and so has and will remain to be one of the favorite places for people [especially Brits] buying a resale property as a holiday home.”

The locations noted as being continually successful in terms of overseas purchasers by the FNEAF were, particularly Cannes joined by its Southern France neighbors: Cap Ferrat, Mougins and St Tropez.

Property Abroad have some excellent properties in Southern France, including fantastic one and two bedroom apartments in central Cannes, just a short walk from the areas best known Palm Beach. The apartments, over five floors start at just €282,000 and have terraces overlooking the beach.

Property Abroad have French properties in all regions, visit the site to find out more.

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