An investment made at the present time in a French property could be highly profitable, an expert has said.
French property law specialist Sarah Bogard of law firm Furley Page commented that the recent falls in French property prices and the emergence of a buyers’ market could benefit investors.
She stated: "The right property and the right purchase structure could see you hold onto a property ripe for capital growth into your future – and that of your family."
Ms Bogard said there are ways in which buyers can investigate methods of overcoming the weakness of the pound against the euro, one possibility being a sterling purchase if the seller is British.
She also noted that careful inspection of a property prior to purchase and obtaining good legal advice is essential.
Earlier this week, stone home renovation firm Arena Park France noted that the Cote d’Or wine growing area in Burgundy has a very stable market that suits the "discerning" investor.
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