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French PropertyUnlike Australia, France allows foreigners to purchase established houses without restriction. These properties are generally cheaper than properties in Australia with many ready to move into places for sale for under $100,000 AUD. Many Australians, including us three times now, have done it. French banks will also lend foreigners money to purchase these houses at much cheaper interest rates than here. There is also the added advantage that foreign properties can now be negatively geared here against Australian income to make it easier to become an owner of a house in France but often this is not needed as properties can easily be positively geared. At present the strong Aussie dollar makes purchasing overseas a more attractive option. Prior to the global financial crisis (GFC), French properties prices were by an average of 8% pa. During 2010/11 property prices returned to pre-GFC levels with good growth predictions going forward. To help you own property in France, we:
Read about our experiences buying French property and overseas buying (and us) in the AFR (Australian Financial Review). To find out more and receive a free fact sheet, register to join our community. View places currently for sale in France.You can also see our holiday rental houses in France
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