Taking a look at the rise and rise of the French property market in Burgundy
Report filed under: Buying Property Abroad Guides » Property in France Buyer's Guides
Tue, October 02, 2007 - 7:36 pm EET
The Burgundy region of France has long been loved for its fine wine and culinary attractions – not to mention its beautiful landscapes. Now this region is also becoming a firm favourite for many Britons who are hoping to invest in or live in France. Offering lower property prices and boasting many natural charms that expatriates crave, Burgundy is one of France’s secrets that won’t remain so secret for very much longer!
The region is fast becoming a hotspot for buyers who are giving this unique location a closer look and who subsequently find buying affordable property in France in Burgundy is more than possible. Considering this fact it is little wonder that prices are on the rise! They are however, still considered very favourable compared to other parts of France and Europe as a whole.
What Britons will find within Burgundy is quintessential French countryside. With rolling hills, expansive vineyards and quaint country houses, this region has all the right ingredients to make many who dream of living in France weak at the knees! The landscape is dotted with historic churches, medieval castles, old estates and plenty of places to dine and take in the fine wines of the region.
Burgundy is dotted with a number of little cities and villages - from Dijon to Saint-Brisson, Britons will find each offers its own distinct charms.
The rise of Burgundy’s property market is attributed to several factors. These include such things as the region’s rich landscapes, the currently affordable and attractive property prices and the allure of the French countryside. Add to these the fact that Burgundy is “away from it all” yet still quite accessible, and it becomes a perfect place for buyers who want vacation homes and for Brits who want to relocate permanently to France.
The region’s proximity to other notable destinations makes it a winner for many as well. It is located two hours to the south east of Paris and Dijon’s international airport makes getting to any destination easy, which is an added bonus. The region is also well equipped with road and rail links thus making its accessibility highly attractive.
Although Burgundy’s star is on the rise, buyers here will find this slice of French life is still relatively affordable as stated. French property within the region ranges from new construction to old cottages that might require a little tender loving care. And the prices are considered rather spectacular by most European standards! It’s feasible to purchase homes in the heart of Burgundy’s villages for less than EUR 50,000 - while newer properties will cost more, those in need of renovations are considered a steal by British and American standards.
With its rich history, beautiful landscapes and culinary delights that are legendary, Burgundy is quickly becoming a place of interest for Britons. Taking a closer look at this French region is often advised for anyone who wants to trade in big-city life for a more quiet existence in the country.