ASK THE AGENT

No one knows the area like a lo­cal es­tate agent. We asked Al­lan Bright, of Li­mousin Prop­erty Agents, for the inside track on Haute-Vi­enne

Living France - - Contents - limous­in­prop­ertya­gents.com

A prop­erty agent cov­er­ing Haute-Vi­enne gives his in­sider knowl­edge

How much is the cheap­est and most ex­pen­sive prop­erty?

We cur­rently have a charm­ing stone farm­house with an at­tached barn to ren­o­vate, sit­u­ated in a small ru­ral ham­let with around 3,000m2 of land priced at €22,000. At the other end of the scale we have a 10-hectare coun­try es­tate in­clud­ing a beau­ti­ful 21-room château, nine gîtes, 45 horse boxes, in­door manège, three out­door sand schools and mul­ti­ple out­build­ings; all this for €1,378,000.

What sort of bud­get does your typ­i­cal Bri­tish buyer have?

We see all sorts of bud­gets – from clients look­ing for a small ren­o­va­tion project at €30,000 or €40,000, through to those with maybe €250,000 or €300,000 to spend, who are look­ing for some­thing a lit­tle more spe­cial.

What sort of prop­erty do they tend to want to buy?

It’s dif­fi­cult to gen­er­alise as every­one has a slightly dif­fer­ent dream or idea. There is still an abun­dance of cheap ren­o­va­tion prop­er­ties avail­able in Haute-Vi­enne; some­thing to fix up and use as a hol­i­day home. One of the peren­nial favourites would be the char­ac­ter stone house with a gîte, swim­ming pool and a nice piece of land which would be on the market for up­wards of €250,000.

What is the prop­erty market cur­rently like in Haute-Vi­enne?

In the first half of the year the market was quite buoy­ant – houses were sell­ing quite quickly and there was lots of con­fi­dence in the market. Then the shock re­sult of the UK ref­er­en­dum sent the value of ster­ling tum­bling and raised lots of ques­tions in the minds of Bri­tish buy­ers. This has led to a bit of a slow­down in the market over the sum­mer months, but the Brits are now com­ing back into the market.

What are your pre­dic­tions for the prop­erty market in the com­ing months?

Prices are at their most at­trac­tive for 10 years and for any­one think­ing of buy­ing in Li­mousin, this re­ally is the time to buy. Against this there is still the un­cer­tainty of how Brexit will af­fect us in the longer term and this will re­main a fac­tor in the short term. At the time of writ­ing it re­mains un­clear what the out­come of Brexit ne­go­ti­a­tions will be, but the one thing that has not and will not change is France it­self and the rea­sons why we choose to buy prop­erty here. With this in mind, I ex­pect the vol­ume of Bri­tish buy­ers to con­tinue to rise through­out 2017 and beyond.

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