Hot in France

Released on: February 2, 2008, 6:56 am

Press Release Author: Jim watson

Industry: Real Estate

Press Release Summary: In the midst of the recent gloom that has encircled much of
the property world following the credit crunch it appears that France is enjoying a
rather better time of it than some places.

Press Release Body: In the midst of the recent gloom that has encircled much of the
property world following the credit crunch it appears that France is enjoying a
rather better time of it than some places.

That, at least, is the verdict from VEF, the French property company which has been
suggesting of late that the country is doing very well. It has predicted that the
market will see a ten per cent rise in values this year, in contrast to many other
European locations.

A number of places have been mentioned as possible hotspots in the country. Last
year plenty of attention was paid from many quarters to the north of the country due
to the arrival of the new Eurostar service, which cuts 20 minutes off the journey
times between London and Paris, while the government under Mr Sarkozy was keen to
boost property investment and make France a nation of homeowners.

One of the key locations in the south France property which has been mentioned more
than once is Languedoc-Roussillon. Property investment portal Homesworldwide.com
said that property prices had been tipped to rise this year, with statistics from
the Association of the Notaires de France showing that a couple of departments in
the region, Gard and Herault, had been doing particularly well.

Among the most notable trends here were an 18 per cent rise in resale apartment
prices, a 15 per cent appreciation for houses and a five per cent increase for new
builds.

Property consultant Phillipa Pignat of Chestertons International told the website:
\"Languedoc is attracting an increasing number of international purchasers, partly
due to the number of airports working in collaboration with low cost airlines\". The
site adds to this that the region is served by no less than five airports and one of
them, Beziers, is about to start a new route to and from Bristol.

If Languedoc is carrying a torch for the south of France, Bordeaux on the Atlantic
coast is another location tipped for a bright year.

Reporting on the city, Finance Daily stated that experts believe foreign investors
will help push up prices in the city, particularly in the suburbs where British
buyers are already said to have raised the local values of homes. (The central areas
of the city remain occupied mainly by French householders).

Thus there are a number of locations where those looking to invest in property
across the channel appear to have good opportunities. Those credit crunch clouds may
look a lot less threatening over France\'s hotspots.

In today\'s world Property investment is an excellent investment option especially
investment in UK

Web Site: http://france.assetz.co.uk/

Contact Details: Address:Assetz House, Newby Road, Stockport,Cheshire

zip:SK7 5DA

ph:0845 400 7000

fax:0845 400 6010

email:linkexchangeseo@gmail.com

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