News article

French city property 'a good investment'

French city property 'a good investment'
//
Property in urban areas of France could prove to be a good investment opportunity for those looking to buy.

That is the opinion of Trisha Mason, managing director of VEF UK, a French property specialist. She said that apartments sought after by young professionals are currently in short supply.

One-room properties in places such as Lyon, Toulouse, Bordeaux and Montpellier are prime for anybody willing to take on some upgrade work, she said.

Additionally, high rental yields and capital growth make the Haute Savoie region ideal for anybody able to afford the high entry prices.

"More interestingly for first-time investors are the off-plan leaseback products offering rental returns of around five per cent per annum with the possibility of some personal use as well," she added.

Figures published by the Association of International Property Professionals show that 17 per cent of all foreign properties purchased by UK buyers in 2007 were in France.

Learn more about investment with Knowledge to Action.
ADNFCR-1681-ID-18752088-ADNFCR