British Investment in French Property on the Rise

It is thought that a drop in house prices may be behind a recently renewed interest in French property by the British.

Paul Humphreys of Knight Frank?s French division told Telegraph.co.uk: ?It?s a good time to buy. French property prices have fallen and there?s a nice supply of good-quality properties at the right price on the market, in places we?ve always had love affairs with, such as Gascony and the Dordogne.?

France has long held many appealing characteristics to tempt Brits to invest abroad, notably the food, culture and countryside. However, the relative proximity to the UK, the pleasant climate and the decreasing strength of the Euro are all becoming equally important factors.

French regions that the Brits have shown most interest in include:

? Gascony and the Dordogne: Beautiful scenery and a relaxed atmosphere. This area has been a hit with families and older Brits thinking of retirement.

? The Loire: This area is considered quintessentially French, with the added bonus for golf fans of the second best course in Europe, Les Bordes. This region has seen much interest from younger families.

? Cote d?Azur: Despite property prices along the coast dropping by around 15 per cent in 2009, the market in St Tropez remains relatively stable. Appealing to wealthier Brits looking for sea views.

? Provence: House prices around 30 per cent lower than in St Tropez. Brits are looking to buy a cheaper holiday home within easy reach of the coast are drawn to Provence.

? French Alps: The attraction of hitting the slopes and the associated apr?s ski is encouraging increasing interest from British buyers, particularly in The Trois Vall?es region.

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