anglo french property

At first glance it is easy to see why France is one of the most popular attractions, from the elegance and culture of Paris to the glitz and glamor of St. Tropez and Nice, and the rural beauty of the province, France really have something for everyone. The landscape is constantly changing with the flat land and rolling hills in the north and west to the snowy mountains of the Pyrenees in the south and the Alps becoming increasingly popular in the east.

France is the largest West European country, and offers one of the biggest differences in the cultures, which adds to the beauty and attractiveness of the region. It is easy to see why the country to go from strength to strength, and remains at the forefront of the enlargement of the European Community. In recent times we have seen a big change in the economy of France, as the state continues to weaken, if the tight grip and the free market, then in Europe. While agriculture still plays an important role in the employment landscape of the country, the thriving wine industry is growing ever stronger in the years progress. In fact, the Champagne region of the country is becoming increasingly popular for the party drink of the same name, with the recent EU directive says that is Champagne in the Champagne region of the country, leading to an increase in the retail sector.

The country has excellent transport links with mainland Europe, and borders Belgium, Luxembourg, Switzerland, Italy and Spain with the United Kingdom is only a short hop across the English Channel.

Real Estate Market

In a country where there is still the norm to rent instead of buying real estate win bet, the real estate market was in a general upward trend for some time. But the industry has evolved from a lack of development and investment in the 1990s when the country in order to re-position itself at the forefront of the expansion in Europe. Now back on the right path, the French residential property market is growing at over 4% per year since 2001.

Unlike Britain, which has gone through many boom and bust scenarios in the real estate sector, the French market is stable by the preference for long-term lease, but as an outright purchase. Currently, the market produces a net rental yield in the region of 8% - 10% (depending on regional variants) for the prime properties, the potential for sustainable long-term capital growth.

Overseas property investors have been on the city and large areas of the city, where there is a constant demand for business travel property. This has a relatively low risk market, due to the constant demand. That is not to say that the French villages and the country no longer pulls in the enjoyment, with many foreign investors, for second homes and vacation homes in this vibrant country.

There is also a valuable tax break in the French property market, the "off-plan, newly built properties can claim" Résidence de Tourisme 'status. This allows a buyer to purchase a free hold property without a mortgage, then lease back to a third party (developer or landlord) for a specified period (the standard length of 9 years) at a fixed rent. At the end of the agreement, the assets back to the buyer in Prime condition. In return for this investment, the French government has committed itself to returning the VAT element of the purchase price, currently 19.6%, with a massive incentive for investors would be.

After taking into account the attractive tax benefits, or the diverse cultures in the country, and proximity to Central Europe, it is easy to see why the French property market is so strong. Compared to France, the UK buy-to-let market is still in its infancy. Approximately 25% of the French property market (equivalent to approximately 5 million households, against 130,000 properties in the United Kingdom) are privately owned but rented out on fixed leases. The average tenancy in France is 3 years, which explains why the market remains stable and less volatile than the UK property market.

Why Invest in France?

If you are looking for a holiday hideaway, or a long-term investment overseas, France is an area that you should consider. The country is in a few hours' drive from a variety of European counter-parts, offers a variety of climates and cultures, together with a favorable environment for investment. The nature of the property for sale in France, gites, apartments, holiday homes and conversions.The residential property market is benefiting from a number of factors, including the influx of both American and British investors (inspired by television programs like " A year in Provence "), and the variety of styles of properties available.

There is also the deeply rooted culture rent, which protected the French property market from excessive price fluctuations in other European countries like the United Kingdom. As more and more property is purchased on a longer term basis than in most areas of Europe there is a constant demand for both major urban and regional characteristics, a relatively stable market.

Whether you are looking for the glitz and glamor of Cannes, the culture and the beauty of Paris, the quiet life in the countryside, or skiing in the Alps, France has much to offer. As the French industry to open up and take on the free market of European culture, it is inevitable that the installations continue to increase. A perfect place to relax and escape from the stresses and strains of life, France is quickly becoming a favorite venue for a second home.

In the summary of the main reasons why you should invest in real estate are as follows: --

• Stable real estate market;
• Favorable investment with attractive tax advantages;
• Within a short distance from the main European countries;
• more and more foreign investment and overseas;
• A variety of climates and cultures;
• Non-residential property price growth of 4% per annum;
• Net rental income in the magnitude of 8% - 10%;
• capital gains tax on property at 16% compared to the historical value of 33%.

A large power house of the European Community, France is the world's most visited country, and it is easy to see why.

Outlook

As the French government will continue to increase expenditure on the transport network, and foreign investment, the French housing market seems to be another long period constant growth. A great escape from the increasingly volatile boom and bust nature of the economy of the United Kingdom, where direct comparison with France, the trend is towards home buying rather than renting the embedded culture of France.

With the French authorities to the attractive tax benefits for the foreseeable future (which has capital gains on properties decrease of 33% to 16%), the potential for capital growth seem encouraging. Net rental income is in the region of 8% to 10% depending on region and type of property that a steady return.

Published on: ISNAR Free Article Directory http://www.isnare.com
Permanent Link: + http://www.isnare.com/?aid=107449&ca=World Affairs