Investing In Northern France Property
- Date: 2007-01-15 - Word Count: 564
Share This!
<p>Anyone considering investing in France should most certainly consider investing in northern French property.<br /><br />Traditionally, Brittany and Normandy have been incredibly popular with British holidaymakers and investors, largely down to their accessibility for short breaks or for those who do not wish to fly. <br /><br />Despite the close proximity to Great Britain, northern France has a genuinely 'French' feel and has an impressive range of traditional fishing ports, as well as historic sites of notable interest. <br /><br />One thing that does affect northern France, however, is the climate, and the regions of Brittany and Normandy are largely similar to Britain in terms of both temperature and rainfall. This doesn't stop the tourists though and the popularity of these regions has continued to soar over the last five years.<br /><br />Investing in property in northern France is ideal for those looking to take on a renovation project. Although there are plenty of new developments to choose from, in particular along the spectacular coastline, there are still some truly hidden gems if you move a little further inland.<br /><br />In some parts of inland Normandy, ramshackle property can be found for as little as £17,000 and given that most of these areas are within an hour's drive of the popular beach resorts, it is easy to envisage investors picking up a bargain! <br /><br />In a similar way to rural England, Normandy is reliant largely on its agricultural trade and more recently the tourist trade. Therefore, those looking to invest in the area should be prepared to embrace the rural outlook in terms of the property they purchase and the way in which they renovate the property. <br /><br />A recent trend that has swept the northern France property market is the British commuter. Many individuals who work in London have realised that they can commute within a reasonable time frame from most parts of northern France.<br /><br />As such, a whole new rental market has been established and Brits abroad, either as commuters or holidaymakers are largely responsible for fuelling this demand. <br /><br />Prices are hugely variable, across the region, with average prices ranging between £70,000 and £130,000. As a general rule, prices are more expensive the closer the property gets to Paris or to some of the more popular coastal resorts such as the Gulf of Morbihan.<br /><br />In Normandy and Brittany, the most popular areas are Saint-Malo, Rennes, Brest, Quimper, Dinard and Dinan and although the prices are generally higher in these well-established locations, there is the potential of an excellent rental return, due to the high number of tourists that travel to this region. <br /><br />The best thing about investing in property in northern France is its timeless appeal. Tourists have flocked to this area for decades and the appeal of packing up the car and simply driving, without the hassle of flying, is certain to keep the holiday rental market in this region booming for years to come.<br /><br />Although northern France may not have the potential for explosive capital growth that some under-developed countries have, there is certainly the opportunity for budding entrepreneurs to pick up a renovation bargain and make a very comfortable profit. <br /><br />Investors who want a secure return and a property that they can easily enjoy themselves would do well to look at northern France for their property investment business.</p>
Related Tags: property, investment, real estate, buying, northern france, normandy, brittany
Providing essential information on buying property abroad, Tem Pearson is dedicated to offering all the necessary information for people looking to buy property in different countries. Visit www.buying-property-abroad.info for all the best info.
Your Article Search Directory : Find in Articles
Recent articles in this category:
- Sell my House in Phoenix - Get an Honest Deal
Like many people in the Phoenix area, I recently had to sell my house in Phoenix while dealing with - Where Did All the Phoenix Foreclosures Come From?
Phoenix foreclosures have become a devastating problem for many families living in the desert. It's - Delhi Real Estate Market
The real estate market in Delhi has witnessed remarkable growth. Real Estate in Delhi has become the - Real Estate Slow Down In India
There has been an overall slowdown in real estate industry and various industry players have been af - Flip That House With Cheap Fixes
Perhaps you have been watching those shows that tell you how to flip that house, but you don't have - Simple Ways to Sell Your Denver Real Estate Fast
Selling Denver real estate in today's market can be challenging, but it can be done successfully. T - Buying Spain Property For Sale - What Are The Mechanics
Buying Spain property for sale has always been a popular choice with UK buyers. Spain is a beautifu - Real Estate Investing 2.0: Success Strategies for Today's Fast Changing Market
Maybe you're an investor that has been making laps around the real estate block for some time or pe - Put an End to Boom or Bust in the Property Market
With the current state of the property market in the UK its clear that these are not good times at - Things to Remember When Viewing a Home
When searching for property to rent it is so easy to get caught up in the moment and making snap de
Most viewed articles in this category:
- How High Did Home Prices Really Go
The U.S. Census Bureau released data on Tuesday that revealed where the nation's hottest markets wer - New Homeowners Tips for Household Safety
With so many items on their ¡°buying a home¡± checklist, few homeowners take into considerati - Truth About VA Foreclosures
Many people now days are finding themselves out of work and not being able to make the mortgage paym - Avoid Rookie Real Estate Investing Mistakes
When Robert Kiyosaki, author of the Rich Dad book series, bought his first property he was, of cours - The Forgotten Secret To Selling Property - Simple, Quick And Cheap
Why spend big dollars trying to get people to drive a long way to see your house, when your best pro - Finding The Perfect Roommate On Craigslist
Craigslist, Roommates, and The Concerns Craigslist is "great" when it comes to looking for housing - Get Amazing Results Selling Real Estate Online
This is the age of the internet. Why not take advantage of the widespread use of the internet to ad - Dallas Real Estate Information
In the United States, Dallas is considered as the second leading state according to the area. If any - Fractional Real Estate Ownership
Fractional ownership of vacation ski condos is growing in popularity. Park City Utah a popular ski t - The Largest Private Equity Indian Real Estate Deal
In the largest private equity deal won by the real estate sector, Morgan Stanley Real Estate has inv

