New research carried out by French estate agency FrenchEntrée reveals that Limousin, Poitou-Charentes and Provence are the regions generating the most enquiries from potential British investors looking for a property France.
The research shows that traditional favourites such as Paris and the Côte d’Azur have been overtaken by these areas.
One reason for the change in location preference could be down to the fact that the latest FrenchEntrée data reveals British purchasers are looking to spend less on a French property than they were previously. The research states that they are looking to spend 8 per cent less than they were a year ago, with an average budget of €291,000.
According to Alistair Lockhart, the firm’s property director, it is at this time of the year that British buyers in particular start to come forward with more serious property enquiries.
Lockhart acknowledges that more affordable property prices in Limousin and Poitou-Charentes are definitely a major factor in increasing British interest in those areas.
In Limousin, stone houses with plenty of land can be picked up for well under €175,000,
Meanwhile, of Poitou-Charentes Lockhart said: “The four departments of Poitou-Charentes provide buyers with plenty of choice. There are communities of all shapes and sizes, from tiny, pretty hamlets to vibrant Medieval towns that are bursting with life, presenting buyers with an impressive range of property options at prices comfortably below those found in some other parts of France.”
While Provence is still relatively expensive, Lockhart points out that it does tend to be more affordable than neighbouring areas, particularly Côte d’Azur.
Article published 2nd October 2018