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You too could own propert in France like us We have been visiting France since 1996. So far we have visited around ten times and every time we return we feel like we reach a new level of appreciation for this historic country. We are not sure if it is the diversity of landscapes, the architecture or the food and wine, or if it is simply the feeling of escapism - but whatever it is we want more. During our visits we have discovered what seems to be a well kept secret. Unlike Australia, France allows foreigners to purchase established houses. We know what your thinking - we have all heard about people buying old wrecks in the French countryside and biting off more renovation than they could chew. But did you know you could buy property in the centre of historic villages for less than $100,000 AUD and you can basically move-in. Spending around $150,000 AUD will get you a larger property or one in a popular region. Don't believe it, well it's true ... we have done it (three times)! Now what if we told you that these houses can be rented out with at least a 5% return and to make it interesting, foreigners can borrow money from French banks at lesser interest rates than in Australia. In addition, French property can be negatively geared just like domestic properties. That is right - the possibility of not only owning your dream house in France but it could be a nice investment property as well. Interested! Well before you go charging off to invest your hard earned money there are a few useful tips you should know before you do this. To find out more, you can:
If you would like to rent one of our properties, click here for more information. Sharon and David Stratford |
