Property & Email Marketing: Login or Register Telephone Number Tel: (+34) 952 471 774 | UK Freephone UK Freephone: 0800 047 0597 | US Toll Free US Toll Free: +1-866 656 7152
IPIN Left IPIN Middle IPIN Right
Header Corner
Find Property in :

E.g. "Marbella" or "Manchester". Looking for more search options?

 

France tipped as good place to buy property at auction

Date : (News Section: France)

Share
France tipped as good place to buy property at auction

France can offer some good opportunities to save money at property auctions, it has been stated.

Investor magazine French Property News noted that while there are not a large number of properties going for sale in this manner, there can often be bargains to be had when there are.

As well as this, buyers can save on agents' fees and it is a good way to pick up unusual houses, the magazine suggested.

Its advice to those considering this method is to first attend some auctions without purchasing in order to become familiar with the process, while buyers should be fluent in French or have someone with them who is.

The magazine also said that once the highest bid is lodged, there is a ten-day waiting period to see if anyone can come up with a new bid of at least ten per cent more, at which point the lot would go back to auction at the new higher price.

Earlier this week, director of French property firm Athena Mortgages John Busby said the market in the country is very stable, but with notable regional variations, Country Life reported.


Share

Article by +Danny Bance on behalf of Propertyshowrooms.com

Related Articles

  1. Quelle Surprise!! Fun, Interesting Facts About France
  2. Candlelight Auctions 'de Rigueur' in 2014
  3. Weak Property Property Market Sends Buy Signals to Savvy Investors
  4. Foreign Buyers Now Propping up the Market in France
  5. Strong Pound And Low Prices Leading Brits to Look Towards France






Secure Exit Strategy


Let us search for you Let Us find Property in France for You

Fill out a requirements form and our experts will help you find a great selection of Properties for sale in France.

SubscribeGet Email Updates!

   

* We value your privacy and will never share your email address with anyone else.

Currencies 4 U
Investment Property

Subscribe to This Feed

RSS News
Subscribe to this RSS Feed
Country: France
Channel: All

More RSS FeedsGo

Media/Press SectionProperty News Search


   

News ArchivesNews Archives

View worldwide property news from as far back as 2005 in our News Archives Section.

View News ArchivesGo