Property in France 'getting cheaper'

Properties in France can be cheaper to buy now than they were in 2007 despite the weak pound, it has been stated.

In an article on chateaux in the Dordogne region, the Daily Mail observed that sellers have been lowering their asking prices by between ten and 30 per cent.

The paper calculated that a home where the reduction was by the latter figure would be cheaper now than in 2007, even though the pound was worth as much as EUR1.50 that year.

Georgina Caldwell of French Property News explained to the news provider that market sentiment in France is getting better.

Noting that one estate agent had "sold a house every week for the past four months", she stated: "The outlook in the market is positive."

French Property News recently stated that those looking for a bargain in France might be able to do this via an auction.

It also said this is often a productive route for those seeking an unusual home.

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