Real Estate & Property Investment News in France from Propertyshowrooms.com

Lagarde predicts less gloomy future for French economy

Wed, 19 Nov 2008 00:00:00 GMT

French finance minister Christine Lagarde has signalled that concerns surrounding the French economy could lack foundation, the Salt Lake Herald Tribune reports...

The Advantages of Staying in Paris Apartments

Wed, 5 Nov 2008 00:00:00 GMT

How about booking an apartment in Paris for your business trip or family vacation? Sounds good! But there is a catch as it is going to be yours only for few days. Paris is not only known for its furo...

Company reports busiest month of year for French property

Mon, 3 Nov 2008 00:00:00 GMT

French property firm VEF has reported that October has been its busiest month this year for property sales.

Discussing the events of this month, the company said that the areas recording the most sales were Charente and the Hautes-Alpes in Provence....

Now is good for French property, says expert

Wed, 22 Oct 2008 00:00:00 GMT

One of the co-founders of French real estate firm home-hunts.com has said the country remains a very good one in which to invest at present.

Responding to the suggestion that the market should be avoided, Francois Xavier de Vial told French Property News: "Contrary to what some people think, now is still a good time to buy French property," adding that with less buyers in the market, those selling homes have to price themselves competitively....

France in €10.5bn top six bank aid

Tue, 21 Oct 2008 00:00:00 GMT

The French government is to inject €10.5bn (£8bn) into France’s six largest banks in a bid to shore up their balance sheets and ensure they continue to provide credit to consumers and businesses...

French bank execs resign over $1.1b trading scandal

Mon, 20 Oct 2008 00:00:00 GMT

Three top executives of one of France's leading banks have resigned over $1.1 billion loss, connected to the global financial crisis...

France unveils bank rescue plan

Mon, 20 Oct 2008 00:00:00 GMT

The French government will inject 10.5bn euros into the country's six largest banks, the finance minister announces...

Normandy property 'favoured by commuters'

Fri, 17 Oct 2008 00:00:00 GMT

An increasing number of UK overseas buyers are favouring Normandy as a place to invest, due to its proximity to the UK.

Speaking to A Place in the Sun Magazine, Simon Conn of Conti Financial Services said that Britons are increasingly looking to buy abroad as this represents a "better investment opportunity" than purchasing in the UK....

Survey shows French property most favoured buying destination

Fri, 17 Oct 2008 00:00:00 GMT

France is still the most popular place for overseas buyers to make a purchase, a new survey has shown.

Property investor website Primelocation.com found that three out of five of those who have registered an interest in buying overseas with the site are still intending to do so....

French bank admits trading loss

Fri, 17 Oct 2008 00:00:00 GMT

The French bank Caisse d'Epargne admits that it lost 600m euros in a derivatives trading incident...

'Incident' Costs Top Bank £470m

Fri, 17 Oct 2008 00:00:00 GMT

French bank Caisse d'Epargne has announced that it lost £470m in a "trading incident" last week...

French market for UK buyers 'picking up'

Wed, 15 Oct 2008 00:00:00 GMT

The market for French homes among British buyers is starting to grow again as purchasers decide to cut their losses and make the most of the attractive lifestyle of France, it has been stated.

Founder and managing director of French property specialist firm VEF Trisha Mason said the firm's own research shows that lifestyle factors are the key reason Britons want to buy property across the channel, particularly the health and education system which are both seen as better than those in Britain....

Dordogne 'ideal for overseas buyers'

Fri, 10 Oct 2008 00:00:00 GMT

The Dordogne region in the south-west of France is a great place to invest in property, it has been stated.

French property firm VEF has noted that it is highly accessible from other countries, being easily reached via the international airports at Bergerac, Bordeaux and Limoges, while a new airport is shortly to be opened at Brive la Gaillarde....

Homes in Brittany 'fit a GBP100,000 budget'

Mon, 6 Oct 2008 00:00:00 GMT

Those with GBP100,000 should have little difficulty finding a property in the French region of Brittany, it has been stated.

French property specialist firm VEF said there are many properties available in the region for this amount, which works out at around EUR125,000....

France 'the safest place to invest'

Mon, 6 Oct 2008 00:00:00 GMT

Those looking to invest in property at present should look to France, an expert on property in the country has said.

Alex Charles, the co-founder of the property website creme-de-languedoc.com: "If the UK sinks into a recession then investors will look to France for a safe investment; it is low risk because of the legal framework....

France 'offering soundest property prospects'

Thu, 2 Oct 2008 00:00:00 GMT

French property is one of the safest ways for people to invest their money, an overseas property firm has stated.

VEF, which specialises in the French market, has said the country has a number of economic advantages over its neighbours....

Property sales surge reported in French region

Tue, 30 Sep 2008 00:00:00 GMT

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....

French property reform 'to avoid risky credit'

Mon, 29 Sep 2008 00:00:00 GMT

The conditions that led to the credit crunch will not be allowed to recur in France even as it seeks to extend home ownership, the country's finance minister Christine Lagarde has said.

Speaking about the future of property transactions in France, Ms Lagarde told the BBC: "Expect two conditions - a down payment of 20 per cent of the value of the house plus mortgage [repayments] which will not exceed 30per cent of income....

Vendee 'a strong tourist area'

Thu, 25 Sep 2008 00:00:00 GMT

The Vendee area of France is the second most popular area for tourists and offers good prospects for property investors, it has been stated.

It has numerous aspects which can attract visitors, such as castles, abbeys, islands off the shore, plus sporting activities like golf, sailing and cycling, French specialist property firm VEF has noted....

Investors advised about the importance of French inheritance laws

Wed, 24 Sep 2008 00:00:00 GMT

According to tax advisory service Blevins Franks, Britons considering a move to France should ensure they are aware of inheritance laws in the country.

Although the laws are relatively simple for married couples who have either children from that marriage or no children at all, inheritance matters can become much more complicated if a couple is not married or if there are children present from previous marriages, the firm stated....

France remains popular with property buyers

Thu, 18 Sep 2008 00:00:00 GMT

Overseas property buyers in the UK are still very keen to buy a residence in France, analysts have stated...

British buyers 'finding new ways into French property'

Wed, 17 Sep 2008 00:00:00 GMT

Britons are still investing in France despite some difficulties in finding the finance at home, it has been stated.

French property specialist firm VEF has said that its conversations with investors at the recent French Property Show in London have revealed a number of ways in which people have been able to adjust their plans....

Beaches In France

Tue, 16 Sep 2008 00:00:00 GMT

The beaches in France are one of the most popular tourist attractions in the country during summer. Whether its for a honeymoon or a family adventure, you should be able to find the beach that will...

Legal expert identifies opportunities

Thu, 11 Sep 2008 00:00:00 GMT

Overseas property legal guru John Howell used a briefing to members of the press yesterday to identify the opportunities that exist in the current international property market. Despite the effects...

France continues to attract visitors

Wed, 10 Sep 2008 00:00:00 GMT

The French government has revealed that the country's tourism sector is continuing to perform strongly this year.

According to junior minister Herve Novelli, nearly 82 million foreign...

Employees plan to emigrate

Wed, 10 Sep 2008 00:00:00 GMT

The overseas property market could be boosted by growing migration from the UK, new figures have suggested...

France hailed as safe investment

Tue, 9 Sep 2008 00:00:00 GMT

While other locations may offer cheaper property with greater potential gains in the near future, France offers a much greater long-term prospect as a stable and safe investment location, it has been stated....

Alpine resorts 'still growing in value'

Fri, 5 Sep 2008 00:00:00 GMT

The value of property in French Alpine resorts is still on the up, a property firm has stated.

Ascendant Property told Property Wire that there have been large year-on-year price increases in such resorts, with figures including 13....

France 'not a boom-bust market'

Thu, 4 Sep 2008 00:00:00 GMT

The French property market is still seeing prices rise, new figures have indicated.

Knight Frank's Global House Price Survey figures for the second quarter of 2008 revealed that during that period the annual rate of house price growth in the country was 3....

French tourism 'still doing well'

Wed, 3 Sep 2008 00:00:00 GMT

In news that may interest those looking at buying into tourist rental property in France, a minister has said the country has managed to sustain its visitor numbers much better than many of its neighbours....

Corsica 'has more than one tourist market'

Tue, 2 Sep 2008 00:00:00 GMT

In news that may interest those thinking of investing in French property, it has been stated that Corsica has more than one tourist market.

Lucy White, editor of the Rough Guide to Corsica, explained this misconception, stating: "Corsica is generally thought of as an expensive, luxurious getaway - especially in the south around Porto-Vecchio and Bonifacio....

Sarkozy's investment revenue tax increase could hit Britons

Mon, 1 Sep 2008 00:00:00 GMT

Britons who let their holiday homes in France could be affected by Nicolas Sarkozy's recently announced increase in tax on investment revenue. Sarkozy's one per cent tax increase will be...

Buy-to-let 'good in French cities'

Thu, 28 Aug 2008 00:00:00 GMT

The major cities of France are proving fertile ground for buy to let, an expert has stated.

Founder and managing director of VEF Trisha Mason said such locations are among the best places in the country that people can invest, with an undersupply of apartments with good interior design for young professional couples....

UK migration reaches record levels

Sat, 23 Aug 2008 00:00:00 GMT

A record number of people from the UK are choosing to pack their bags and relocate abroad, new figures have revealed.

According to the Office for National Statistics (ONS), more than...

Property in France: 'Russians don't get the idea of discretion, do they?'

Wed, 20 Aug 2008 00:00:00 GMT

Rich Russians are a mixed blessing to the Cote d'Azure, Celia Walden finds...

Paper names mysterious Russian buyer who reportedly paid record amount for French estate

Mon, 18 Aug 2008 00:00:00 GMT

A French newspaper has named businessman Mikhail Prokhorov as the mysterious Russian oligarch who paid a record amount for a residential property, an estate on the French Riviera. Although reports...

French Tourist Eateries Served Hygiene Warnings

Mon, 18 Aug 2008 00:00:00 GMT

One in four food outlets in tourist hotspots found to be breaking hygiene regulations...

France 'offers better growth potential than the UK'

Tue, 12 Aug 2008 00:00:00 GMT

France's housing market has been commended for offering better growth potential than Britain.

First-time buyer Oliver Richards decided to buy a property in the European country after realising he could not afford to get on the housing ladder in the UK....

Firsttime buyers speak of foreign purchase

Tue, 12 Aug 2008 00:00:00 GMT

Two first-time buyers from the UK have spoken of their decision to purchase their first home in France.

Oliver Richards and James Nunn recently purchased a ski chalet in the French Alps...

Firsttime buyers speak of foreign purchase

Tue, 12 Aug 2008 00:00:00 GMT

Two first-time buyers from the UK have spoken of their decision to purchase their first home in France.

Oliver Richards and James Nunn recently purchased a ski chalet in the French Alps...

Property in France: How to make a chateau pay its own way

Sun, 10 Aug 2008 00:00:00 GMT

By getting stuck in themselves, two British families have been able to start making money back on their stately piles in France. Penny Kitchen reports...

Britons take the train to France

Thu, 7 Aug 2008 00:00:00 GMT

A record number of leisure travellers are choosing to take the train to France, according to new figures.

Eurostar has revealed that in July 2008, passenger numbers rose by 16.8 per cent on the previous year to more than 900,000....

Fuel costs hit Air France profits

Tue, 5 Aug 2008 00:00:00 GMT

Air France-KLM says profits for the April to June period fell nearly 60% as the airline was hit by rising fuel costs and a slower economy...

Channelling investment

Mon, 4 Aug 2008 00:00:00 GMT

Those looking to invest in France have had many reasons for doing so. Some love the sunshine and sea of the Cote ...

Is French Property Better Than A Pension?

Mon, 4 Aug 2008 00:00:00 GMT

Survey reveals 50% of Britons invest in property rather than a pension...

New ways into France

Fri, 1 Aug 2008 00:00:00 GMT

Getting to France these days is easy. What used to be a simple enough ferry trip or a short hop on a plane has now be...

French Property Finance

Thu, 31 Jul 2008 00:00:00 GMT

Why it might be cheaper to invest with a euro mortgage...

Credit Crunch Caravans

Thu, 31 Jul 2008 00:00:00 GMT

Camping becomes de rigeur for French property hunters...

'More French' areas grow in popularity

Tue, 22 Jul 2008 00:00:00 GMT

British buyers of overseas property are increasingly tending to move away from parts of France that have started to take on anglicised characteristics, it has been stated...

Briton hails French lifestyle-190708

Sat, 19 Jul 2008 00:00:00 GMT

An expatriate from the UK has revealed why he chose to pack his bags and set up home overseas...