Categorized | International

Popularity of Rural Properties Grows in France

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As prime real estate in London, and other secondary markets of the United Kingdom continue to command a hefty price tag, many potential British homeowners are looking outside of their country to land a great deal on a new house. Many British investors have set their eyes on the rural parts of France as an ideal place to purchase property.

Although the prime real estate properties in London, and other cities in the United Kingdom have proven to be guaranteed moneymakers, there are many investors that are shying away from such properties due to the price tag that they hold. Many investors are looking for an area that has the opportunity for growth at a low sale price so as to maximize profit. For the average potential homeowner, the only way to afford a decent sized home is to look outside of the United Kingdom, as even the rural areas in the country are quite expensive.

One reason why potential homeowners and investors alike are looking at rural properties in France is that real estate assets in the country have not had the massive drop in prices as other European nations. France is considered to be a safe bet for investors to test the real estate waters without serious upfront costs. For the average homeowner, the rural areas of France represent an area where a home can be attained without have to take out massive loans in the process.

The United Kingdom isn’t the only country that has residents and investors looking to buy property in France. Other European nations are following the same trend, as the French housing market is considerably more stable than any of its neighbors.

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About Nancy Raven

Nancy is the main writer for the International section of the website. Sometimes she also helps Drew out on the Finance/Mortgage section as well.

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