Overseas property news - Guaranteed growth in france?

Guaranteed growth in france?

Certain locations in France will always see property growth, claims one expert.

Nick Dowlatshahi, Managing Director of Leapfrog Properties, explained: “Investors with property in France can be generally confident that they will receive a reasonable return on their investment.

"While it is impossible to accurately predict the behaviour of the housing market, some locations should always offer growth.

"To pick individual villages is very difficult but you can basically say that the Cote d'Azur {will always see growth] – it gained 12 per cent [In value] last year, while the rest of France gained five per cent, so it shows that the old favourites are still strong."

Mr Dowlatshahi added “While buying in France is more expensive than in the emerging markets of Bulgaria and Egypt, people can still purchase a good one or two bedroom holiday home for around £100,000".

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