Are you looking to buy a property: Poitou Charentes Properties for Sale?
We believe the time is right. But, of course, we would say that!
What regions of France to look at? Check out: Brief history:The capital of the Deux-Sèvres department is Niort, which used to make leather breeches for the cavalry and is now France’s risk-assessment capital. Seems a logical progression. Angelica (that green stuff your Gran used to put on cakes) is grown in the nearby Poitevin marshes. Angelica can boost the immune system and cause local anaesthesia. Brilliant. More: Property in the Poitou Charentes
Limousin is slap in the middle of France (and left a bit). It’s very rural and is the second least populated region after Corsica. It is also the only French region to have given its name to a 20′ car with a jacuzzi in the back. Historians claim the association comes from the very long cloaks worn by Limousin shepherds, though what shepherds were doing driving limos is anyone’s guess. Limousin is famous for its oak trees, used for wine barrels throughout France. I’m a beer drinker myself, but I do find that the phenols in Limousin oak interact cheekily with the wine to bring out its tea, caramel, smoke and raspberry notes. More: Limousin Properties
There are however, three main reasons behind our thinking. There has plenty of encouraging comments in the French Property News media. Timing and Location, Location, Location are prime issues when buying a French Property. We examine the French Property market and give reasons why you should be buying now.
First, there are real signs of the recession bottoming out, and those well publicised “green shoots” appearing. French property prices have weathered the recession well and the French are buying again.
Second, the pound sterling has recovered against the euro and forecasts suggest that pound sterling may move within the 1.20 to 1.30 euro range to the pound within a short time frame. This makes French property cheaper to sterling buyers. Similarly. other currencies have strengthened against the euro and other foreign buyers will be attracted to the French property market.
Third, President Sarkozy is introducing tax measures that residents can offset 25% of the cost of buying a residential property against their personal income tax, up to a maximum of €75,000 on a €300,000 property. In addition, laws introduced by Sarkozy, which support broader home ownership, have been a major driver. From the beginning of 2009, France has offered certain homeowners zero-interest loans of up to €30,000. All of these measures will push demand and prices will rise as a result.
So, now is a good time to be getting into the French Property market! There are still plenty of properties with substantial price reductions where owners want to sell quickly!
1st for French Property was established in 2001 and we have plenty of experience to help you buy a property in France.
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Tags: French Property
