France 'offering wide range of bargains'

British buyers looking to offload their French homes are presenting a number of bargain opportunities for buyers, it has been noted.

In a feature on overseas property markets, the Times quoted Brittany-based estate agent Mary Hawkins from Leggett Immobilier, who noted that many of these are UK residents looking to sell up and re-enter the UK sector as British prices start to rise again.

She also stated that opportunities in Brittany are arising from a change in Breton lifestyles.

"Bretons are selling their traditional houses and opting instead for newly built bungalows, so there are a number of stone cottages that are competing for potential buyers," Ms Hawkins remarked.

Earlier this month, the Daily Mail reported that some French property sellers have dropped their asking prices by as much as 30 per cent.

It calculated that such a fall means the cost of buying there now is cheaper than in 2007, as the fall more than compensates for the fall in the value of sterling against the euro.

Like this? Then share with your friends and colleagues!