Overseas property news - France ‘always a safe bet'

France ‘always a safe bet'

France is set to retain its status as one of British property investors' favourite locations, claims one company...

Patrick Joseph, Director of my-french-house.com, believes that the country will always remain a safe bet with foreign investors, due to its proximity to the UK and relatively stable housing market.

Mr Joseph said: "France is a very special place. It's not like Spain or Bulgaria or America. It's the lifestyle - it's the whole package with France.

"People don't just want a place in the sun. It's France they want and nowhere else."

Mr Joseph conceded that the number of enquiries had fallen since the onset of the credit crunch, but there was still strong investment interest.

Statistics from the Association of International Property Professionals showed that in 2007, 17 per cent of all foreign housing purchases by Britons were in France.

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