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Now 'a good time to buy in France'

5th July 2010 | back to article listings BACK    print this article PRINT

Now could be an ideal time for overseas property investors to make a move into the French market.

According to Sophie Morris, writing in the Independent, now may be the time to "revive the dream" of investing in a holiday home in France. As well as being used for family breaks, such a property could be rented out to other holidaymakers at certain times of the year, making it a great investment for the long term.

French rental prices currently stand at an average of £285 per room per month, according to figures from Easyroommate.co.uk, showing the potential for investors to make money in the country.

The most important thing to consider when investing in a property abroad is the location, said Miss Morris. According to the property expert, a holiday home needs to be easy to get to in order to prove a good buy.

Speaking to the source, head of international sales at Chesterton Humberts Andrew Hawkins agreed, saying that "inaccessibility can be a sticking point" when the time comes to sell an overseas home.

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