Tourist areas 'best for French property'

Those keen to buy property in France should concentrate on tourist areas for the best returns, it has been stated.

Head of research at investment firm Property Frontiers Christopher Chadd advised: "In France I would look at all the areas where tourism levels remain high, anywhere on the south coast perhaps in the region of Languedoc."

He said the country offers government-backed guarantees where 25-year leases exist with seven per cent returns, something he suggested was the best investment to look for.

Mr Chadd also recommended prime real estate in Paris as something that will always have high value.

At present, France has a "stronger" property prospect than neighbouring Spain, which is still in recession, he concluded.

The comments come after a uSwitch.com report on quality of life issues placed France as the best place to live out of ten European nations, with Spain second and Britain in last place.

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