France: the time is now!

Investors considering France should act quickly if they want to snap up bargains…

According to the company Validus, people who have already made their mind up to improve their lifestyle by moving to France are now realizing that by delaying their decision they risk paying an increased price for their French property due, in part, to the current value of sterling and the consistent steady growth in property prices in France.

By delaying a purchase, with current capital growth of between 6%-8% a year buyers will need to budget for an extra €12K-€16K on a property of €200K by the end of the year. If you add in the exchange rate problems then the differential between sterling and euros could add another 10% to the price.