Rental prices high for French property investors

Individuals looking to make a wealth-building investment in property may want to consider owning a home in France, according to research.

Flatshare website Easyroommate.co.uk has studied how much it costs to rent properties per month in various countries.

It was found that the UK had the highest average monthly costs to rent a room in a shared property, with France coming in second.

Property investors in France can expect to gain £285 from each tenant in a house on a monthly basis, with £282 each month typical in Italy and just £199 in Spain.

Jonathan Moore, director of Easyroommate.co.uk, said: "Spanish flatmates are getting a fair deal without that extra demand driving up rent.

"An oversupply of properties - both to buy and to rent - combined with better access to mortgage finance and deteriorating real estate price is keeping rents down."

The avoidance of long haul flights and the ease of access from the UK are among the reasons why property investment in France could be particularly popular.

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