Sextant French Properties launched its own index of the evolution of the average French property’s cost that show only rural properties which are bought by foreign customers. This index is based on a database of 12.951 properties all across France. Having a global view of the scenario and a even more detailed vision of every single area’s cost will permit the buyer to determine which region will be the most suitable for their future French residence.

The substantial majority of Sextant’s properties are resale properties, offering a huge selection all through France suiting the need to have of every single customer. Prepared to move in to or requiring a full renovation, Sextant Properties have all sorts of properties that are bound to meet everyone’s wants.

> The Global Scenario

The index has now been updated and shows the evolution over 18 months, from October 2009 to January 2011. The information and facts can be put together in a chart, showing the average cost trends in France.

In January 2011, the average cost over 13 regions is €312,687 which is -0.25% lower than last month, but which represents a 9.94% enhance over the last 18 months.

Go to the French Property Marketplace: A regional outlook over the 13 most favorite regions in France.

> 3 Leading Region Evolutions

The regions of Normandy, Midi-Pyrenees and Brittany have all noticed a rise in their costs of almost 14% because October 2009.

In Normandy, they have risen by 16% considering that October 2009, with an average of €257,805. With this spending budget one could buy a gorgeous recent residence set in 1.24 acres of garden with outbuildings and a swimming pool (ref 24419). In Midi-Pyrenees, costs have risen by 26%, to reach an average of €326,839.

The location of Languedoc, one of the sunniest areas in France (300 days of sunshine/year), has an average cost of €325,572, which represents a 2.02% boost in comparison with October 2009.

These region costs will almost certainly tend to enhance and preserve their superior investment prospective over the next couple of years. Keeping an eye on the index can be very beneficial indeed, as it is updated every single month.

> Leading Region for Negotiating

Only the Rhône-Alpes area’s average costs have considerably decreased over the last eighteen months. In this location it will be less complicated to negotiate the cost, pretty if the property has been on the Marketplace for a number of months.

The 13% decrease of the average cost in this location considering that October 2009 appears to have stopped around 3 months ago. With this stability regained, costs will be back to the regular soon. This French Leaseback apartment in a 4-star household with heated pool (ref 35772) in Megeve could be the ideal place for an Alpine property

> Still on Leading

The Provence-Alpes-Côte d’Azur location has constantly been a very good location to uncover the most attractive properties in France. The average property cost about this location, €764.000, is sufficient to buy this fabulous Mediterranean Villa (ref 13262). The stability of the average property cost in this region confirms that this area is still one of the perfect locations to invest in France.

If a customer’s dream property is over their initial spending budget, they could still take out a mortgage. French mortgages have dropped to 2.22% for a variable rate. For suggestions and support with all monetary wants, Sextant have their own team of mortgage brokers, Sextant French Mortgages.

View the most recent cost variations per location here: French Rural Property index.

Sextant French property is a network of a lot more than 160 estate agents and 50 developers in France offering a option of 12,000 French properties for sale.

They also offer French property investment such as French Leaseback properties

In order to enhance their service to their clients they set up a French mortgages division who can also aid clients who bought by way of a diverse French estate agent.

Write-up

Tagged with: french • French properties in Brittany • french property • index update french property • rural property
 

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