Dordogne 'ideal for overseas buyers'

The Dordogne region in the south-west of France is a great place to invest in property, it has been stated.

French property firm VEF has noted that it is highly accessible from other countries, being easily reached via the international airports at Bergerac, Bordeaux and Limoges, while a new airport is shortly to be opened at Brive la Gaillarde.

VEF also stated that the region has historically seen house prices rising, with a 45 per cent increase between the start of 2002 and the end of 2007, although the recent reduction in overseas buyers caused by the credit crunch means prices are now slightly down and it is possible to negotiate a more favourable deal.

Such a point has also been made about French property in general by Shelter Offshore.

At the same time, it noted that property prices in France as a whole are among the most stable around, due to French banks not being heavily exposed to the US subprime sector.