Insurance News Archive
French rental market 'still offers good potential'
The French rental property market remains stable with a steady flow of potential tenants and holiday lets, according to an expert.
John Reilly, managing director of www.BuyAbroad.com, says areas such as Brittany and the south coast offer particularly good opportunities, with the promise of good returns over the summer months.
"In the holiday-type destinations there is always a steady flow of rental potential from one year to the next," he states.
Mr Reilly adds that providing they choose a property in the right location, buy-to-let owners will get a good buy with a reasonable guarantee of occupants.
He claims prices have lowered by five to ten per cent over the last six months, but those houses and apartments in the best areas are retaining their value.
According to a recent survey by Write About Property, France is the most searched-for nation by investors looking for overseas homes.
Spain was placed second based on Google searches of a country followed by the word 'property' and Dubai came in third.
03 Mar 2009
