Why French Riviera property
Investment property in France: France is Europe’s second favourite Holiday destination; France has sunny beaches, breathtaking landscapes, wonderful architecture, history and culture. Wonderful food, street markets, historical buildings, and unbelievable coastlines.
Add to that a stable Economy: € and inflation, low Interest rates, support from the local authorities, average annual real estate growth in France since 1997 is continuing to rise year on year. Therefore Investment property France is an attractive investment.
Why invest in French property
Good rental returns – France is one of the top tourist locations in the world. Demand consistently exceeds supply for holiday and tourist accommodation. This ensurs good rental yields especially in the Cote d Azur and French Riviera Region.
Good Capital Increase – capital increases have been very good over the last five years with 100% capital increases in property in many locations across the country like the French Riviera for example and average growth of 10% in 2005 (source FNAIM).
Safe – The rigorous buying process and protective legal system means France if one of the safest places in the world to buy property.
Low interest rates – low Euro interest rates with very competitive mortgages currently capped at 4%, plus foreigners can now get 100% finance
Leaseback Investment - government backed “leaseback” Investment property are available with guaranteed yields up to 5.5% (which more than covers mortgage interest) and full VAT refund of 19.6%
Domestic market and proven exit strategy – unlike a lot of other tourist destinations France does not rely on foreigners for investment in their property. 95% of property sales in France are to French residents who constantly purchase permanent and holiday accommodation. Therefore the resale market has been proven. So when the time comes to sell up and cash in on your investment you should be able to sell very easily.
Enjoyment and lifestyle – The great weather, food, wine, and culture along with the beautiful picturesque scenery whether its is the fantastic beaches on the French Riviera the superb ski slopes in the Alpes, or lush green rolling countryside means you can choose use your property yourself and also rent to family and friends.
Double tax treaty between France and the UK so you will not pay tax twice on earnings. All your costs including your mortgage can be set against your rental income so that a very minimal amount of tax is actually paid
Leapfrog have up to 200,000 properties available all over France including a large selection in the Cote d’Azur (French Riviera) region, use the enquiry form to tell us your specific requirements, regions, and types of properties you are looking for.
Enquire now to get your free French Riviera property buyers guide
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