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Overseas Property News
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French property investment to benefit from tax changes
Country: France
New tax thresholds could provide an extra incentive for property investment in the strong French market. The French government is planning to increase the wealth tax threshold next year to try and improve the economy and draw in more foreign investors. Richard Way, an editor at the Overseas Guides Company, told the Daily Telegraph the changes will mean those with a chargeable wealth below €1.3 million (£1.1 million) will no longer pay the tax. Two rates will also be introduced, with a tax of 0.25 per cent placed on those with a wealth between €1.3 million and €3 million, and a 0.5 per centcharge for those will wealth over this level. Peter Mindenhall, a researcher at IPINglobal.com, a global property investment firm, said: "France has always been held in high regard by British property investors for several reasons. The leaseback system offers security over the long-term, and the French economy has traditionally been reasonably stable." He added the changes will be particularly beneficial for those who are making cash from their French property investments.
November 2011
Some properties in France
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Price: £16,364
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Type: House
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Town offering all shops and services, markets, schools, situated 5 minutes from the Orb river valley, 30 minutes from Beziers and the motorway.
Building needing total renovation (floors, roof, etc) in a quiet street, with 30 m2 private garden.
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Price: £16,784
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Type: Apartment
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Autignac: Nice village with all shops, 15 minutes from Beziers, 20 minutes from the motorway and 30 minutes from the coast.
Flat leisure land of 10 000 m2 located 500 m of a village with all amenities. No water or connexion to electricity.
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Price: £24,336
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Type: House
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Bedrooms: 3
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Total renovation required of this cottage which is ideally situated near to Josselin, in fact it is possible to walk to Josselin from this little hamlet. Also near to the Nantes -Brest canal. It is a terraced cottage in a little hamlet.
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Price: £26,854
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Type: Apartment
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Saint Genies de Fontedit : nice village with all shops, 15 minutes from Beziers, 20 minutes from the motorway and 30 minutes from the coast.
Flat leisure land of 18 000 m2 located 500 m of a village with alla amenities.
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View details | Enquire further
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Price: £28,000
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Type: Apartment
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Bedrooms: 1
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Last remaining fractionals at this stunning resort for 1/12 ownership of a luxury Chateau Suite. An opportunity to own a share in the luxurious Chateau de la Cazine, combining the perfect lifestyle choice, with a rewarding investment.
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View details | Enquire further
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Price: £29,372
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Type: House
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In a hamlet at 5 minutes from Lamalou les Bains, stone house to renovate with possibility to make 90 m2 of living space on a plot of about 100 m2.
Ground = Courtyard/garden of 30 m2 + ruine of about 70 m2 ground surface.
1st = Possibility to make a
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Price: £29,539
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Type: Apartment
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Autignac : Nice village with all shops, 15 minutes from Beziers, 20 minutes from the motorway and 30 minutes from the coast.
Flat leisure land of 20.135 m2 located 500 m of a village with alla amenities. No water or connexion to electricity.
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Price: £33,559
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Type: House
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Village with cafe / restaurant and small grocery store, 10 minutes from major shops and 30 minutes from Beziers, the highway and the sea.
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View details | Enquire further
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Price: £33,568
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Type: House
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Bedrooms: 2
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This village house is situated in a village in the north of the Gers. Property for total renovation. The house, of approx. 109 m2, currently consists of 4 rooms with two separate entrances.
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Price: £35,246
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Type: House
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Village situated 10 minutes from Saint Chinian, Saint Jean de Minervois, and 30 minutes from Beziers, Narbonne, highway and the beaches.
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Prices from: €250,000 Beds: 2 Baths: 2 - 1 ensuite Kitchen + appliances, dining-room, sitting-room, garden front & back. Plans may be modified to suit your requirements.
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Price: €785,000 Bedrooms: 3 Funchal: Luxury, comfort and practicality. extensive external terraces. Access to 18-hole Palheiro Golf course.
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Price: €230,000 Bedrooms: 2 Bathrooms 2 Contrada Ulmo, between Martina Franca & Ceglie Messapica. Restored. 1 ha land: DOC vinyard, olive/almond trees.
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Prices from: €355,000 Bedrooms: 2 Luxury townhouses in the centre of a world class, championship golf course.
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Prices from: €232,000 Bedrooms: 2, 3 & 4 Apartments & townhouses on Severiano Ballesteros designed Pont Royal Golf Course between Aix-en-Provence & Avignon.
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Price: £129,000 Bedrooms: 1 Holesovice Prague 7: across the river from city centre. 73sq m with garage and storage. Expected yield 5.5-6%.
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