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France proving popular with British property investors
Article Date : 02 July 2010
News Section: France
Foreign property sales are becoming a more regular occurrence for Brits looking to take advantage of a strong pound and bargain real estate, it has been suggested.
Overseas Property Professional has reported news that foreign exchange broker World First has seen a 200 per cent rise in property-related transactions in comparison to last year.
Elisabeth Dobson, head of private clients at World First, told the news provider that there was generally an air of positivity and confidence in the overseas market that had not been seen 12 months ago.
"Our partners in France and Spain both report increased interest from UK-based buyers, although this is restricted to certain areas," she said.
Ms Dobson claims that the strengthening of sterling meant that many UK-based buyers are "exceptionally well placed to bag a bargain".
Meanwhile, France was named as the best destination to live in terms of quality of life for the fifth year in a row by International Property Magazine.
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Article created on behalf of Propertyshowrooms.com News Desk (http://www.propertyshowrooms.com/news/)