who is considering investing in France should certainly consider investing in real estate north.
Traditionally, the Brittany and Normandy have been incredibly popular with British tourists and investors, in particular to their accessibility for short breaks or for those who do not want to fly.
Despite its proximity to Great Britain, Northern France, a truly "French" feel and has an impressive range of traditional fishing ports, as well as historical sites of special interest.
One thing that touches northern France, however, the climate and the regions of Brittany and Normandy are largely similar to the UK in relation to temperature and precipitation. This is not just the tourists and although the popularity of these regions has continued to rise in the last five years.
Investments in real estate in northern France is ideal for those who are on a rebuilding project. While there are many new developments to choose from, especially along the spectacular coastline, there are still some truly hidden gems, if you are a little further inland.
In some parts of inland Normandy, ramshackle property is to be found as little as £ 17,000 and given the fact that most of these areas are within an hour's drive from the popular beach resorts, it is easy to see investors pick up a bargain!
In a similar way to rural England, Normandy is therefore largely based on their agricultural trade and, more recently, tourism. Therefore, the search for investments in the area should be prepared to cope in the rural outlook in relation to the property they purchase and the manner in which they are renovating the property.
A new trend is that northern France swept the real estate market is the British commuters. Many people who work in London have discovered that they commute within a reasonable period of most parts of northern France.
As such, a completely new housing and Britons abroad, either as commuters or tourists are largely responsible for fueling this demand.
The prices are highly variable across the region, with average prices between £ 70,000 and £ 130,000. In general, prices are more expensive, the closer the property is in Paris or in some of the most popular seaside resorts such as the Gulf of Morbihan.
In Normandy and Brittany, are the most popular Saint-Malo, Rennes, Brest, Quimper, Dinard and Dinan, and although prices are generally higher in these established locations, there is the potential for an excellent rental return, due to the high number of Tourists who travel in this region.
The best thing about investing in real estate in northern France is its timeless appeal. Tourists flocked to this area for decades and the attractiveness of the packaging and just drive the car without the hassle of flying is safe, the apartments in this region is booming in the coming years.
Although northern France may not be the explosive potential for capital growth that some of the developed countries, there is certainly an opportunity for aspiring entrepreneurs to create a renovation and bargains make a very comfortable income.
Investors, the safe return and a property that they may enjoy yourself would do well to the north of France for the property investment business.
Published on: ISNAR Free Article Directory http://www.isnare.com
Permanent Link: + http://www.isnare.com/?aid=117241&ca=Real Estate
buying french property
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Brendann
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