UK based overseas property magazine “A Place in the Sun” and Bank of Scotland International all highlight the desirability of French property as an overseas property hot spot.
“A Place in the Sun” Magazine published by Brooklands Media Group features France in its August edition reporting on the house price rises in Languedoc-Roussillon. It reveals that prices in Perpignan rose by 10% between January and March 2007.
The region has consistently been an attractive place to buy property for overseas investors. Languedoc-Roussillons capital Montpellier benefits from a slower pace of life, stunning architecture and has been booming. It has the honour of being voted France’s most popular city to live in – thanks to its beautiful and relaxed ‘Centre Historique’ centre, chic shops and close proximity to the beach.
A Place in the Sun quotes Alex Charles of property web site Creme de Languedoc “For France as a whole capital appreciation has now fallen below the double digit barrier, but certain Languedoc cities continue to show very health growth. Perpignan is the best example with Beziers, Sete, Carcassonne, Montpellier and Nimes all performing strongly. The popular French region is blessed with mountains, rivers and lakes, ancient cities, towns, villages, thermal springs, abbeys, and cathedrals, chateaux and castles ,naturism, and holiday resorts .
Recent research by Bank of Scotland International found that many people wishing to move abroad from the UK would prefer to take up a new home in either Spain or France. For those under the age of 25, Spain was the number one choice. Potential buyers aged 35 to 45-year-old in equal proportion said that they wished to live in Spain and France (5% each). People over 45 stated that they wanted to move to France if the opportunity to relocate into Europe materialised (10%).
