A property professional has said that the French market is still a good one to invest in, something that could encourage those considering buying Brittany property.

Speaking to the Birmingham Post, managing director of Solihull-based Cherish Properties Steve Wright said the country still has much to offer despite the fall in the value of sterling against the euro.

He noted: "In France, there is still six to seven per cent growth a year on average," adding that the French government has been encouraging foreign investment by refunding the VAT on new-build properties when they are completed.

Mr Wright also noted that the market is cyclical and the value of the pound will recover in time.

Earlier this month the chief economist at foreign exchange broker World First Jeremy Cook said 2009 will see a significant improvement of the value of the pound against both the euro and the dollar.

Such a development could help cut the cost of Brittany property.

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