British investors snap up French properties
France is becoming more and more popular with overseas property buyers in the UK, it has been revealed.
Foreign exchange specialist Moneycorp stated that in the last five months, monthly enquiries regarding the French market have gone up by more than a third, reports Homes Worldwide.
This is despite the fact that the British economy is currently experiencing a downturn, as well as the weakness of the pound impacting on the price of travelling to the eurozone.
Commenting on its appeal, Marc Morley-Freer of Moneycorp said: "France has always enjoyed attention from British investors."
He added that the French market is relatively stable in comparison with the UK.
As a result, he believes it could be an attractive option for second home buyers from across the Channel.
According to figures from the Royal Institution of Chartered Surveyors, house prices in France went up by 3% last year.
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