Consistently named as one of the top two favourite places to buy an overseas property by Britons, many head to France to purchase a holiday home, to relocate, or to set up a business.
Whatever your reason for buying a property in France, there’s no denying that the French lifestyle is attractive to us Brits. And what’s more, now is a great time to head into the French property market.
If you have sterling to spend, the exchange rate is still good, while prices are still stagnant in many regions. In the third quarter of 2015, France’s national house price index found that values were up by just 0.5%, after a four-year period of negative growth.
Mortgage rates are also much better than a year ago, and even then they were good.
So where should you look to buy?
In France, you are spoilt for choice, whether you’re looking for the sun, mountains, rolling hills or chic cities. And there are a range of climates to choose from – Maritime in the west and northwest, Mediterranean in the southeast and snowy conditions in the mountains.
France is also the most accessible country for Brits to visit; not only can you fly to any part of the country, there are year-round ferry sailings or the ever-growing Eurostar routes. It takes just two hours, 15 minutes to reach Paris from London St Pancras on the Eurostar, where you can link to France’s TGV rail system. Additionally, you will be able to reach the Cote d’Azur from London this spring, when the Eurostar route expands.
Despite the accessibility of the north, the south of France remains the most popular spot with British buyers.
So where are the top ten hotspots in the country that offers something for everyone?
- La Chapelle-Pouilloux
Where are you planning to buy an overseas property? Whether you are an expat or are searching for a holiday home, remember to protect your investment with Overseas Property Insurance.