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A Stable Property Market Drives British Investors Back to France - 14 March 2011

Although profits may never be extraordinary, experts say that French property consistently retains its value, more so than any other European country.

The long-term investment that French property offers lure British investors to France time and time again. According to a recent study, more than 40 percent of all mortgage inquiries from British buyers of overseas properties have been for France since 2011 began.

Home prices are predicted to rise between 3 to 6 percent this year, experts say, further inspiring Britons to look to France now that overseas buying interest is up again.

While many other property markets in Europe took a dive during the recent economic crisis, France’s market has remained steady. France entered the recession later than most nations and recovered much earlier.

As an economically strong country and a favoured European holiday destination, France remains a reliable investment. British investors know that they can easily rent out their properties and second home owners are comforted by France’s proximity and its accessibility from London and other international airports.

South West France, in particular, has attracted a lot of interest lately as many airlines are offering cheap flights from the U.K. to the Dordogne, Languedoc and Tarn and Garonne areas. Also, investors remain interested in the Riviera for obvious reasons like the perpetual sunshine and its closeness to both the mountains and the sea.

And even with winter on its way out, property in the French Alps continues to be in demand. The Alps boast a fairly long ski season and some of the best slopes in the world. Several media outlets have reported that a new eco-village with a boutique hotel and 250 ski-in, ski-out apartments is being built in the Alps’ ski resort of Tignes, hoping to incite more interest in the area.

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