Thanks to BNP IB Newsletter
The national association
of French estate agents, FNAIM, said average house
prices had been falling by 1pc-2pc annually over the
past few years and could drop by a further 3pc this
year. An oversupply of property in some areas means
prices are staying low, meaning there are good deals
to be found.
rates are also attracting foreign buyers. Very long-term
fixed deals are the norm in France and it is now possible
to get a 20-year fix for 2.55pc, with even lower rates
available for the very best borrowers. This is a sharp
fall from 3.5pc a year ago.
French property is attracting huge
interest from British buyers thanks to falling house
prices, cheap long-term mortgages and favourable currency
These factors mean it is now almost 25pc cheaper to
buy a Property than a year ago.
Do note this is from people in the Market .(expert)
And I have to add it is very
But do your OWN Homework.