French property price growth slows

According to figures from a land agency report, property price growth in France is starting to slow. Popular areas in France are still growing strongly and overall, property prices are expected to stay stable in the near future.

Traditional favourites of the Dordogne, Normandy and Brittany have some of the strongest property price growth, with farmhouses, particularly those situated further away from main cities and towns, suffering the most.

Despite this, property in France remains a good investment bet – over the last decade, the general property market has grown by 136 percent, with farmhouse prices seeing an average rise of 178 percent. French properties are expected to be affected by the current global economic climate, however the property market is expected to stabilise and continue it’s steady growth.

One reason why French property is expected to remain stable is the British economy – many Brits are worried about their country’s finances and housing market and many believe that foreign property investment may be more stable than investing in property in their own country. France and Spain have typically been two popular countries for British buying foreign propertys but many are starting to worry about the state of the Spanish housing market, therefore France seems the logical option.

And it isn’t just the ‘normal’ hot-spots that look a good buy in France – properties around Brive may be a good investment as a new airport which is suitable for both the Airbus A320 and Boeing 737 is being built nearby, and with is, there is expected to be a surge in tourism in the area.

If you are looking to buy a property in France, click here for some free guides to buying property in France, and the latest up-and-coming property hotspots in the country.

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