Property in France
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Positive Tax News for Owners of French Property
Published on 17 July 2008
Because of the estate taxation laws and succession rules in France, many international owners of French property found it advantageous to purchase their homes through a local company structure. For Britons the requirement to purchase in this way to protect their French real estate from inheritance tax and unfair laws of succession unfortunately rendered them liable for a benefit-in-kind taxation in the UK on the use of their French property.
Now, thank goodness, we can bring you some positive news for owners of French property because the government is not only scrapping this tax, they are making the ruling retrospective so that all those who have paid the tax can actually claim it back.
82 Million Reasons to Invest in French Property
Published on 25 June 2008
82 million is the number of visitors France managed to attract in 2007, ensuring that the nation still remains the number one most visited country in the whole world. And if you were looking for a reason to consider investing in French real estate we can give you 82 million reasons to invest in French property because not only is the country’s tourism landscape already clearly strong, it is strengthening.
The French are not content with the fact that in real terms their dominance in attracting visitor numbers is declining as emerging destinations plough massive funds into the promotion of their appeal. So, the French have started a drive to secure their status and in so doing, they have succeeded in making their property market even more attractive for investors.
Why Buy French Property in Gascony
Published on 20 June 2008
Lying just an hour’s drive from Toulouse airport and within reach of the ocean, the Pyrenees and also located close to the Spanish border, Gascony is a region of France well worth exploration if you’re looking to get away from it all in style. The region is famous for its Armagnac and foie gras and is becoming better known as a perfect French retreat for those in search of the real France, unsullied by mass tourism and undiscovered by a mass influx of foreign buyers.
In this article we’ll discuss why to buy French property in Gascony and look at what the region offers over other better-known or even more affordable parts of France.
Property in France Popular as Travel Costs Increase
Published on 04 June 2008
The death of no-frills air travel could be upon us as the cheap flight operators are struggling with rising fuel costs and are likely to face massive losses this year which they will have to recoup next year from the likes of you and me. This is likely to have a strong and dramatic impact on property markets around the world which had previously been boosted by the so-called ‘Ryanair effect.’
The one country that is not suffering so much and which is likely to remain an accepted choice is France, and dare we be so bold as to say that property in France will remain popular as travel costs increase…
Consider Corsica for Unique French Property
Published on 28 May 2008
If you tell a fellow Briton you’re considering buying a property in Corsica they will assume you’re interested in French property – but if you tell a French person the same thing they will understand that you have discovered one of France’s best kept secrets and may well envy you. The thing about Corsica is it is a French island, but it is not French – it’s Corsican – i.e., it is unique!
So if you’re looking for something more than just special, consider Corsica for unique French property because the island is stunningly beautiful and more perfect that the inimitably beautiful southern coastline of France. And yet prices for homes on the island of Corsica are a fraction of what you would pay for similar on the Cote d’Azur for example.
Strong Euro Affecting Property Buyers in France
Published on 23 April 2008
The value of the pound in relation to the euro has fallen by around 16% in a year, and there are fears that the discrepancy between the two currencies could become even more acute. The strong euro is now affecting property buyers in France and elsewhere throughout the eurozone.
Buyers are finding it harder to raise mortgages, they are finding they have to put an even bigger deposit down to secure a property and what’s more, they are finding that, even though house prices in France are not rising rapidly, they are paying more for their French property thanks to the weak pound.
Property in France for Euro Commuters
Published on 11 April 2008
On November the 14th 2007 Eurostar moved to its new home in London at St. Pancras station and meant that another twenty minutes was taken off the journey time from the UK to Paris. This was exciting news for all those contemplating the realities of Euro commuting and either living in the UK and working in France, or perhaps better still, living in France and working in the UK!
The twenty minute shorter journey time between the capital cities of France and England is not where the exciting news stops however, thanks to the fact you can now link up to some of the fastest and most efficient train services across Europe once you arrive in Paris, property in France for Euro commuters can be purchased in regions as far away from the UK as Alsace and the Rhone Valley for example.
Adding Value to Your Holiday Home in France
Published on 29 March 2008
If you’ve invested in a property in France and you want to profit from it by letting it out to the tourism market for example, or if you have a home in France that you now want to get in as profitable a position as possible to resell, there are a number of things you can do and techniques you can adopt to add value to your real estate, either in the form of rental income or the asking price chargeable.
Adding value to your holiday home in France need not cost the earth either which is good news! You first have to decide whether you want to let the property out to paying guests or if you just want to resell and reap the financial dividends.
How To Find Your Perfect Property In France
Published on 15 March 2008
The continuing growth of websites promoting and selling property in France should make it a whole lot easier for you to narrow down your must see list and to locate your ideal French property. However, it can actually lead to greater confusion for the foreign property buyer. Often prices seem to fluctuate wildly, descriptions seem vague and it can be difficult to create that all essential must view property list.
Are we at risk of becoming too dependent on the web for our property inspiration? Do we expect more answers on-line than are currently available? We take a mix of traditional property hunting methods with on-line research to create the perfect recipe for French property success.
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