There has been positive news for the French property market this week, as renewed market stability and improved buyer confidence has helped to entice would-be overseas buyers back to the country.
It’s a big decision, choosing a home in France. A Place in the Sun readers recently revealed their top tips for getting it right. The French are famous for regretting “rien”, but A Place in the Sun magazine has revealed 10 regrets of its readers who bought abroad and then had a better idea. Don’t worry, they were all very happy to have bought a place abroad, but realise that with a bit more thought they might have made better decisions. The good news is that when buying a holiday home or moving abroad, you can normally correct any early mistakes.
The property market in Spain saw an improvement at the end of 2015, although this was patchy, with some areas faring better than others. Since the beginning of 2016, the market has had ups and downs, with a drop in sales in January, but a rebound in February, and a very strong comeback in Madrid and Barcelona with high end property selling well.
Our nearest neighbour France has been, and by all accounts probably always will be, one of the most popular choices choice for British people buying overseas. There are so many reasons why this is the case and we all have our own ideas when it comes to why we hold France in so much affection.
There is something about a typically ancient and pretty French village that really appeals to British people buying in France – and other would be expats. It is easy to conjure up a picture in one’s mind of cobbled streets, pretty half-timbered buildings, pavement cafes, hanging baskets, quirky shops and people generally relaxing in the sunshine. This picture represents many villages in France and so many of us yearn to be a part of this. We moved to a small village in the south of France almost seven years ago now – and have never looked back. We are part of the community and find that everyo
Many holiday home buyers factor into their calculations the likely income from renting out the property when they’re not using it, but are not aware that you need the correct licence to do so. That’s an increasingly dangerous game in Spain, as local authorities – in an effort to protect hotels and other official tourist accommodation providers – go to war against private individuals offering holiday rental.
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