France offers 'mature and safe' investment
France is one of the best places for overseas property investors to go because of its well developed economy and market, according to property experts VEF.
Trisha Mason, the managing director, said "France is good because it's a mature economy, it's a safe property market," adding that it was a "safe" choice that was more interesting than a month ago.
She agreed with analysts who have said the property market in the country will see significant growth because of the new policies of incoming president Nicholas Sarkozy, which include encouraging more people to become homeowners, but says this will not necessarily lead to prices rocketing in the short term.
Ms Mason explained: "France we know has about 30 per cent [of property price increase] in it that it can afford to go to before it gets over-inflated. And I think we're going to see that happening now."
Right-winger Mr Sarkozy has promised to revive the French economy through a series of free market reforms, greater home ownership and a longer working week.
He has been dubbed the French Margaret Thatcher for his reform programme, although he personally prefers to be compared with Tony Blair.
< Back to latest news