Property sales surge reported in French region

The French region of Pyrenees Atlantiques is seeing a sudden surge in sales of properties valued between EUR200,000 and EUR350,000 (GBP277,000), it has been claimed.

French property specialists firm VEF has stated that one of its partner agents in the region has recorded such an upsurge, leading it to suggest that those thinking of buying a property in the region within this price range should do so now.

VEF stated that at present France is undergoing a property price correction, but this could mean prices going up or down depending on the conditions in each region.

All these adjustments will have filtered through by next year, leading to a very stable market, the firm added.

The Move Channel has said that house prices in France partly depend on whether an area is urban or rural, with prices tending to be higher in the cities and lower in the country.