France remains a strong favourite
for property investors.

Speak to property investors these days, and they will talk of Eastern Europe's emerging markets, or how promising Morocco and Dubai are looking. But for all that, France remains a strong favourite, and with good reason. Average property prices rose by 10.3 per cent in France in the 12 months to June, and with 60 million visitors expected this year, its second-home and investment markets are unlikely to disappear any time soon.

"Hard-nosed investors might want the higher returns of Bulgaria, but they wouldn't retire there," says Stuart Law of Assetz, a property investment consultancy. "Capital growth is slower in France, but the rental market is strong and reliable, underpinned by the tourism industry. And property prices, though rising, remain considerably lower than in the UK," he says.
The Independent - 09 August 2006

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