Rural French property 'experiencing peaks and troughs'

Property in the French countryside is experiencing peaks and troughs, according to the latest French Rural Property Index.

The data from Sextant French Properties highlights that the average property price across 12 regions dropped 0.4 per cent in August 2010, compared with July 2010.

However, this represents a 13.69 per cent increase over the past ten months and a number of regions, including Aquitaine, Centre, Midi-Pyrenees, Nord Pas-de-Calais and Normandy all saw their prices rise.

In particular, there is good news for people with Midi-Pyrenees property listings as the average price in the region has increased 32 per cent from October 2009 to €428,554.

For people looking to invest their cash in French property, the firm recommends Languedoc, which is one of the sunniest regions and has seen modest price rises of 2.83 per cent since October last year, and Limousin, which has seen prices drop 7.55 per cent in the past nine months.

Shelter Offshore recently said that property in France represents an evergreen investment.
 

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