The Spanish capital could be about to get Europe’s tallest skyscraper, as part of a massive redevelopment of northern Madrid, which will see the building of 17,699 new homes, a 3.7-kilometre extension to Madrid’s great thoroughfare, and green spaces equivalent to 56 football pitches.
Latest reports suggest that the current demand for housing in Spain will continue rising by around 10% throughout 2016, stimulating further growth in house prices throughout the year.
For the past few years, the French property market has been fairly stagnant, with little to no movement in the average house price. This has not been particularly great for the sellers across the country, but for buyers from overseas, holidaymakers and expats alike, it presented a great opportunity – forming what can only be described as a buyers’ market.
There are still some wonderful bargains around in France if you are looking for a house with outside space, which may need complete or partial renovation. For many years, the French have realised that it is the Brits who love renovation, and historically, they have not been too interested in improving their properties. This means that you are unlikely to have any trouble finding a character property with original features (perhaps a barn, as well as outside space), which needs updating or modernisation in some way. But are you up for it? You need to consider how you will go about renovating th
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.
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