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May 2013 newsletter

In this newsletter, we share with you information about the French property market; have
new places for sale and rent in France; tell you about a French new art exhibit and movie;
and, provide a recipe for eclairs as well as facts about French films and one their festivals
(don't miss the opportunity to receive a free double pass to the latest French film below).

A la prochaine
Sharon et David

French property market update - how is it going?

Prior to the global financial crisis (GFC) in 2008, property prices rose on average 7.5% pa. With the GFC, prices immediately dropped by over 10%.
During the next few years, the market recovered to pre-GFC levels and stabilised. Over the last year, prices fell slightly (2%) due to France's economy.

While each region has generally followed the same trend, some areas have experienced more growth than others. For example, Ile de France/Paris, exceeded all regions and Provence also had strong growth; however, other regions have seen poor growth including those with a lot of UK owners, many of whom are desperately trying to sell. Despite this, regional relativities remain, with Paris and Provence being the most popular/expensive and central areas including Limousin being the least costly. Comparisons on price and other factors for each French region can be found in our regional eguide which has just been recently updated:

More detailed analysis is found in our workbook which entitles you to a discount on our French property purchasing tour - next one 23-27 Sept.

Predictions do not have prices rising in the next year and interest rates are at their lowest rates ever. So potentially the near future could be a good time to buy - to help, our eguide on French property is only $29.95 to start you off or you could buy all 3 eguides, including a detailed after purchase guide, for $89.95.

Places for sale in popular and cheapest regions

Provence has always been a popular area for the same reasons these Aussies bought this place in St Antonin now for sale - set in a peaceful village yet close to Riviera tourist towns and en perch medieval villages. It has two separate furnished 2-4 bed apartments in the one fully renovated building which has magnificent views. Features include fireplace, balcony and terrace. Price is $395,000 AUD.

Limousin is a beautiful area and the least expensive relatively in France which means you can buy affordable, gorgeous, large manor houses like this spacious and stylishly renovated 300 yo stone house for sale in Bellac. This 4 bedroom home also has a separate apartment and plenty of special features: oak timbering, marble fireplace, clawfoot bath and wood burning stove. Outside there is a stone walled garden, covered terrace and parking. Price is 295,000 euro (can include furniture).
Another relatively inexpensive region is the Centre which has the benefits of being close to Paris and having the Loire river with many chateaux in its valley. This four bedroom vine covered house for sale in Saint Quentin has recently been reduced to only 180,000 euro, looking for a quick sale from over 200,000. Features include wood beams, stone fireplace, cellar, convertible attic, orchard, walled garden and forest views from the master bedroom.

Apartment for rent in castle cite of Carcassonne

In last month's newsletter we featured the world heritage listed cite of Carcassonne. We are so pleased that we can now offer you a 2 bedroom centrally located apartment in Carcassonne for rent for $120 per night (2 min) or from $600 per week:

This is the second place owner Tim has purchased in France. His first is in the Charente area, also next to a castle as well as river - see Tim's updated photos:
If you are looking for a rental in the equally beautiful Burgundy region, consider Ian and Pauline's La Cachette place in Varzy. Their place was featured in an article in yesterday's Domain magazine in a story on buying overseas property which highlighted France. You can read the article which outlines Ian and Pauline's experience buying/renting out their place and/or see more on their house for rent:

New French art exhibition (Monet) and movie

In Melbourne for the next few months at the NGV, exhibitions are portraying Monet's works as well as those of Australian impressionist painters in France. Monet's gardens is currently on and the Australian's works are displayed from next month. Monet's works are not only his lily paintings but some of his earlier works as well - see our favourites from this part of the exhibition. After the paintings, a slide show outlines the history of Monet's life and work, then a room with a huge surround screen plays a film taking you through Monet's house and gardens at Giverny.

New French movie Happiness Never Comes Alone starts on 30 May. It stars Sophie Marceau and has been billed as the 'best romantic comedy of the year'.
We will have free double passes to give away soon to some of our lucky facebook followers...

Recipes for chocolate and coffee eclairs
Make chocolate (chocolat) and coffee (cafe) eclairs just like you see in boulangerie/patisseries in France, choix pastries topped with icing and filled with matching flavoured custard cream:

Facts about Cannes film festival and French films

The Cannes film festival is now on - where Baz Luhrmann's Australian Great Gatsby headlined.
For general facts about this famous French festival:
For general facts about French cinema:  

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