The property in France

has over the past twenty years increased exponentially in value, however this phenomenal rate of growth has ended. There are still good investment opportunities in the French property market but the investor has to be more discerning in today?s economic climate.

There are of course excellent returns in the holiday let sector along the coast, Riviera and Alps but you have to be pretty wealthy to even consider this end of the market. You also have to take good care that your tax liabilities do not encroach to far into your margins. Much depends on your residency status but your accountant will be the best person to advise you on this matter.

Renovation property for either home, second home or holiday let in France can look like a fantastic deal. But care needs to be taken especially in the costs of renovation, as in the rest of Europe there are more and more regulations about who can do what and while the DIY enthusiast can still save himself money, he should consider that his project must be ratified by French qualified tradesman, or his licence to live in the house may not be granted.

 

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