Easter has always been the traditional time for property hunters to begin their property search and this is no less true of the foreign property market. France’s property market in recent years has been completely different from that in the UK; prices have not risen very much if at all and indeed in some areas have fallen, forcing sellers to become more realistic about their property’s worth.
There is no doubt that the property market in France remains fairly stable with prices having stayed the same or even decreasing in some regions over the past year or so. Financing your French property purchase deserves careful planning and in many instances it is well worth considering applying for a French mortgage.
The region of the Languedoc Roussillon, where we have lived for the past 6 years, is a wonderful land stretching from the Massif Central down to the Pyrenees and around the coast towards Provence. Blessed with the same geography and climate as its more expensive neighbour, Provence, it is fast becoming one of the most popular areas in which to buy in France. Here you will find incredible ruined Cathar castles, often set high up on the hills, making you wonder how on earth they were built so long ago, pretty circulade villages, ancient Roman towns, the UNESCO World Heritage Sites of the Cite of
Although the pound has taken a bit of a beating from the euro in recent weeks, it is improving, and rates are still more favourable than they were until their height in 2015, so all is not lost for those buying a property in euros. Many people we speak to are also keen to buy their French property and ensure they have their European assets all tied up before the result of the EU Referendum in June. These factors, in addition to the still low property prices in France and low interest rates meaning that French mortgages are well worth considering at the moment, are making 2016 look like a good
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