France sees resurgence in foreign investment

Low interest rates on French mortgages are bringing investors back to the country, one travel and property website has said.

According to easier.com, many Brits who held back on overseas investment during the economic crisis are taking advantage of the cheap rates now on offer.

The rush to take advantage of low prices is helping to drive the property market in France forward at its fastest rate in two years.

"People who had felt it wise due to the recession to put their purchase on hold until late 2010 have suddenly realised that now is the best time to buy if they are going to finance the purchase with a mortgage," the website claims.

Currently exchange rates between the GBP and EUR are at the highest they have been since August 2008, making this a good time to purchase property in eurozone countries.

Meanwhile, International Living magazine's Quality of Life Index lists France as the best destination in which to live.

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