Official Figures Suggest you go South for the Best French Property Buys.
Want the latest news on the French property scene? Wondering what house prices are doing in the Languedoc? Youve come to the right place. Weve got hold of figures just released by the French National Estate Agents Association (FNAIM).
If you’re thinking of investing in property in France, then it’s important you know which parts of the country are growing in value, and which are stagnating. With the French economy flat, domestic demand for property has cooled off in recent years. It’s now really foreign property investors that are helping prices in certain areas to rise.
In a recent Paris press conference, FNAIM president Ren Pallincourt announced his predictions for the French property market in 2006, as well as figures for the previous year, and it looks as though the tide is well and truly turning as far as the go-slow in real estate values is concerned.
FNAIM figures show that the south east of France (comprising Languedoc-Roussillon and Provence-Alpes-Cte-dAzur) is the only place where real estate prices are currently growing at a similar or better rate...
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