France: A Good Bet For 2011?

If you are looking to buy property in Europe, France’s property market is starting to pick up again and could be a good choice for overseas property investors.

According to the latest Knight Frank Global House Price Index, France has ssen a 9.5 pc annual increase in property prices in the last quarter of 2010 compared to the previous year. The French national estate agent body, the Federation National de l’immobilier (FNAIM), backs these figures up stating that in 2010, there was a 15 pc rise in the number of property purchases compared to the previous year.

These figures show that the property market in France looks set to be strong in 2011 and although France hasn’t seen the biggest property price increases, the real estate market is buoyant and healthy.

Naturally the normal caveats apply – do you research thoroughly to ensure that the propery you are buying has good rental potential and is situated in a good location.

RSS Feed for This PostPost a Comment