Brexit not impacting on demand for French Properties

According to the latest statistics released by Leggett Immobilier, Brexit does not appear to have had a negative impact on the demand for French property by English buyers.

Brexit does not appear to have had a negative impact on French property sales

“Evidence is very much to the contrary,” says Leggett chairman, Trevor Leggett. “Enquiries are up 34 percent over the past three months from people in the UK seeking to buy property in France when compared to the same period 12 months ago. At the same time we’re noting increasing demand from ‘serious’ buyers – that is those people who have thought carefully about their decision before deciding to buy a home in France.”

Trevor Leggett said total sales levels had also not dipped post-Brexit: “They are, in fact, unchanged from this time last year and prices are holding steady! Interestingly, we’ve witnessed increasing demand from French buyers over the same period,” he said.  “This would indicate a strengthening market which appears at last to have ‘bottomed out’.”

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Italian Property for Personal Use or Investment

Linda Travella of Casa Travella made some suggestions for properties that would provide a good rental return and could provide properties for family holidays. She chose two of the most popular areas, Lake Como and Tuscany.

“Let’s consider what is important when wishing to rent out your property. Ease of access is an important point and make sure the property is furnished to a good standard, with a flat screen TV and WiFi. Outside space is essential to enjoy your aperitif because everyone wants to make the most of fresh air and sunshine! The rates you can obtain will vary with the season, but here are some ideas for you.”

Lake Como

Two of the most popular areas for Italian property are Lake Como and Southern Tuscany

The first one is situated at Sala on Lake Como and is for sale at €285,000. It has stunning lake views, 2-bedrooms, bathroom, living room with open plan kitchen and doors onto the balcony with wonderful lake views. It has a shared pool and garage and is about an hour from Milan’s Malpensa airport. It’s being sold furnished. You could obtain around €8,000 to €10,000 per annum by renting for a few weeks and leaving time for you to enjoy the property with your family.

Southern Tuscany

The second property is situated in Southern Tuscany, close to the village of Creti, with views over the countryside to Cortona. The spacious property has 3-bedrooms and 3-bathrooms, is furnished to a very high standard and has use of the shared pool. The property has original features with delightful modern furniture. There’s parking and a private terrace as well as a private garden, and the property is being sold fully furnished and ready for rental. Perugia airport is just 40 minutes’ drive away and there’s a train service to Florence from the local station. The property could be rented for €120 to €220 per night, depending upon the season. Price: €425,000

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