What are the prospects for the French real estate market?

Discussion in 'French Property' started by totallyproperty, Mar 29, 2014.

  1. FWL

    FWL Member

    The looming debt crisis in the European Union has been brushed under the carpet as they “gang together” to make life as difficult as possible for the UK in Brexit negotiations. As I just mentioned in one of the other post, it is a little ironic that only a couple of years ago many people were forecasting the fall of the euro but now apparently the European Union is “strong” and the UK is leaving a prosperous union. Do not kid yourself, there are still major problems within the European Union and the withdrawal of UK contributions will put the squeeze on many members at a time when they can least afford it.
     
  2. SebastienElbied

    SebastienElbied New Member

    The French property market is just like the others in Europe, it is mainly driven by the interest rates and the different neighbouring countries such as the UK, i.e. Brexit will influence the prices in France but not only.
    Interest rates increase will definitely and directly influence prices, this is the first trigger to look at.
    Sebastien Elbied
     
  3. diyhelp

    diyhelp Active Member

    There appears to be growing friction between the UK and French governments. This cannot be good for Anglo-French relations? Talk of holding up UK lorries in Calais is certainly not helpful.
     
  4. Veronica

    Veronica Administrator

    We are in the process of moving to France from Cyprus. Many properties we looked at initially are already sold so the market appears to be very buoyant. When we have been over viewing the French people have made us feel very welcome. It might be different in the cities but in rural communities they recognise that without British people buying the old houses and renovating them the countryside would be full of ruins.
     
  5. Longterminvestor

    Longterminvestor Active Member

    Interesting to see you are moving to France @Veronica

    Hopefully you can give us a running commentary on the French property market as you did with your very useful regular updates on the Cyprus market.
     
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