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House prices in France will continue to rise in 2008 according to France's National Association of Estate Agents (FNAIM), but as a slower rate than in previous years. However, some properties will keep rising consequently while others will decrease, depending on the location and the type of the properties. A charming French House is still enjoying a good growth!
Property prices in France will not remain cheaper than in the UK and Ireland forever. With the expected stagnation of the British and Irish property market, many potential buyers is deciding to invest in France. Investing in French Properties will certainly produce bigger gains than investing in properties in Britain today. In 2008, property prices will increase nationally by 6-8% while in certain areas, with specific investment potential, will see a growth of 10-15%. Older, stone properties will continue to increase by 20%.
For people looking for investment, the buy to let market is still very strong in Paris and in towns, buying off plan using a French mortgage is a good way to build capital. With the current downturn in British and Irish property market, wise property investors are seeing true in the stability of the French market.
Veronique Kouznetsov | Date Published : 2008-02-07 16:34:21
