Sunday 9 October 2011

Exclusive Launch of Free Autumn Issue of French Leaseback Property Magazine

By Gemma Stephenson


There has been a reported rise in the value of properties in the French Alps due to Eurozone buyers boosting the market according to the latest Knight Frank Ski Index.

Focusing on the performance of ski property in winter sports locations, the whitepaper names key areas in France - highlighting Courcheval, Megeve and Val d'Isere in particular - that have seen increases in investment.

In total, the latest Knight Frank report has found the average annual price growth for ski properties in Europe was 1.7% in Q2 2011.

This number is in keeping with rising house prices across the country. Figures release by French organisation, FNAIM, outline that property in France has increased by 3.3% in between April-June - when compared to the previous quarter.

These figures are great news for investors and potential buyers of French ski property as it indicates that the French property market is beginning to recover from the global recession.

The French property market has also seen a rise in UK investors in 2011 according to research conducted by Savills International and HomeAway.co.uk, who have reported that France has replaced Spain as the favourite destination for investment in second homes.

The research stated that France's close proximity to the UK, relatively stable property market and only small levels of decline in house prices have helped the country to become a firm favourite for UK investors.

Investors looking for the prospect of a guaranteed rental income and good long-term capital growth have taken advantage of the French leaseback scheme, as the well-established incentive provides a hassle-free way for investors to purchase a second home, whilst achieving good returns.

"French leaseback property is a viable way for investors to enter the French property market," Steven Worboys, MD of Experience International states. "The French Alps is home to some of the world's best ski locations and is an ideal location for second home buyers. Its appeal to attract tourist all year round is particularly useful for investors looking for good rental income."

French leaseback property provides a VAT exemption and with a wider variety of finance products now available including up to 90% mortgages and low deposits, owning a home in France, whether for relocation or second home usage, is once again a viable option for many buyers.

Download your free Focus on France magazine courtesy of Experience International to see a full range of French leaseback properties. The free autumn 2011 issue contains all you need to know about buying French ski property.




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