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Overseas Property News
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French property overview
Country: France
21 April 2009 Falling French property prices and interest rates could soon attract more potential buyers, according to estate agents in France. In their latest housing market report, the French estate agents association FNAIM report that average residential prices depreciated by 1.7% in Q1 of the year. Average house prices have now fallen 11.2% year-on-year, whilst the price of apartments has dropped by 8.4%, causing prices to fall back to levels last recorded at the end of 2004. The largest average falls in apartment prices in the past year have been recorded in Toulon (-19.3%), followed by Cannes (-13.7%), Grenoble (-11.7%), Ile de France (-11.2%), and Aix en Provence (-10.7%). On the other hand, some areas have seen slight price gains, including Nancy (4.5%), Narbonne (4.4%) and Bordeaux (2.9%). Sales levels have slowed considerably over the past year, down 25% since the beginning of the year, compared with the same period in 2008. FNAIM project that average property prices in France will fall by a further 5-10% this year.
See Also: France
Some properties in France
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Price: £16,198
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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: £16,614
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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.
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Price: £22,000
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Type: Apartment
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Bedrooms: 1
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World Class Chateau Estate in idlyllic French Lake District* Non-Status Finance*150% Guaranteed Buy-Back* 8% guaranteed return years 1-2 *8%+ NET return year 3 onwards*Spa, Golf, Outdoor pursuits*Buy via your SIPP*Immediate income*I am an investor
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Price: £26,582
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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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Price: £28,000
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Type: Apartment
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Bedrooms: 1
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Make your pension work harder with 13.6% NET return pa via a SIPP*0% Non-Status Finance*Exit Strategy with 150% Return on Your Capital Investment*200% NET return over 10 years*Investment so brilliant I have bought one myself*Only 6 units left
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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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Price: £29,074
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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: £29,240
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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.
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Price: £33,219
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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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Price: £33,228
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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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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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