Property abroad. French property price increaseFrench property prices showed a steady increase in 2005 with more property sales passing through the books of local French estate agents.
According to investment property experts, apartment prices rose by 10.6 per cent in 2005, while the price of a house or Villa rose by 9.9 per cent. Although both figures are lower than those for 2004, the FNAIM was very happy with the fact that there was an increase in the number of French properties being sold.
With more and more people destined to buy property abroad this year. The increase can only benefit the already healthy property market in France, with the French National Association of Estate Agents (FNAIM) revealing that French property prices increased by 10.3 per cent across the nation in 2005.
The biggest price increases were seen in Auvergne, Basse-Normandie, le Centre, Champagne-Ardenne, Franche-Comté, Haute-Normandie, Languedoc-Roussillon and in Lorraine. The north and east continued to see price rises, with a 10.3 per cent increase comparing to ten per cent in 2004.
With a potential 80,000 U.K. buyers looking to secure a property abroad in 2006 the European Property investment market appears to be in a strong position. .With fears of a serious downturn for the UK property market now alleviated experts are anticipating that property investment abroad in 2006 should reap some very positive rewards. France should have no problem securing its large share of the market, especially with the convenience of being so close to the U.K.
With an average price of 160,000 for a 2bed apartment in Montpellier - Pyrenees-Orientales or 206,000 euros for a stunning Villa in Narbonne - Pyrenees-Orientales it’s not difficult to why. Both examples were taken from http://www.d2rworldwide.com property search.
For more insights into this topic contact Robert Horwood : 0044(0)845 24 16 745
Other helpful information regarding French property can be found at : http://www.d2rworldwide.com/france_index.php
For more information regarding property abroad go to http://www.d2rworldwide.com
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