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French region of Provence 'remains popular'

Article Date : 19 May 2009       Bookmark on Facebook   Bookmark on Del   Bookmark on Digg   Bookmark on Facebook   Bookmark on Reddit   Bookmark on Spurl   Bookmark on Furl   Bookmark on Yahoo   Bookmark on Magnolia   Bookmark on StumbleUpon   Bookmark on BlinkList

French region of Provence 'remains popular'

Britons investing in property in France continue to be attracted to the region of Provence, it has been observed.

Prices in the area have fallen by just six per cent over the last year, the Times reports, as the densely populated area remains popular.

The publication noted that values tend to decline the further inland a buyer goes, as prices in the village of Gordes - popular with holidaying Parisians - are nearly half those of Var, which has a view of the Mediterranean Sea.

And those who invest in the area could find that they avoid tourists that frequent places such as the French Riviera, as editor of French Property News magazine Karen Tait pointed out.

"Buyers come here for something a bit cheaper than the coast but also for that picturesque French idyll. It's less swelteringly hot, full of beautiful buildings and the crime rate is low," she was quoted as saying.

Property values in Marseille-Provence could be set to increase in coming years, as the city has been chosen as one of two European Capitals of Culture for 2013.

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