French property begins to move

Real estate in France is once again attracting foreign investors as the availability of euro mortgages increase.

French property buyers from the UK are investigating financial packages involving the euro knowing that when the exchange rate improves, as it is expected to, and the mortgage is cleared the price paid for the property will be reduced.

Several French property websites have noticed an increased interest from buyers and sellers alike with huge numbers of new properties joining their lists. Confidence is riding high among property owners who had perhaps sat out the recession in the hope of realising a higher sale price.

Buying and selling activity is nearer the level last seen in pre-recession months of 2007 and while there are still many bargains to be had prices are beginning to move upwards so UK investors would be well advised to make the leap of faith sooner rather than later.