French property 'still highly popular'

A number of French regions still remain very popular with British property investors, it has been stated.

In an article on international real estate prices, the Times noted that regions such as the Cote D'Azur, the Dordogne, Brittany and Normandy are currently the most favoured by British buyers.

The paper suggested that one of the best ways for investors to buy in the country now would be to take out a euro mortgage.

It commented that while this may be expensive now because of the exchange rate, buyers will be "quids in" if the pound gains in value against the currency.

The Times produced the article in reflection of the publication last week of the Global Property Guide survey of world house prices for 2008.

This study showed that French prices dipped by 7.53 per cent between 2007 and 2008, something that may help those seeking a bargain in the country.
 

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