THE MAR­KET

French Property News - - Expert Advice -

I see a con­tin­u­a­tion of prop­erty prices strength­en­ing na­tion­ally. Mar­kets have been quiet and there have been good buy­ing op­por­tu­ni­ties. In­ter­est rates are still low and those need­ing or wish­ing to sell have cre­ated deals for buy­ers.

This will con­tinue but be­come rarer as the mar­ket sta­bilises and so­lid­i­fies. Al­ready in cer­tain towns prices have been re­cov­er­ing. It’s a good time to buy while you can still ne­go­ti­ate but this will de­pend on lo­ca­tion and price bracket, with less room for ma­noeu­vre at the lower lev­els.

Clearly UK in­vestors are an im­por­tant part of the French prop­erty mar­ket, and ar­eas with higher con­cen­tra­tions of Bri­tish peo­ple, for ex­am­ple, Brit­tany, are likely to be more af­fected by Brexit. How­ever, the mar­ket has also been af­fected by the re­duc­tion of Rus­sian in­vestors in cer­tain lux­ury lo­ca­tions.

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