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A Positive Performance from the French Property Market

Jan 22. 2018

The most recent report from the Notaires de France revealed that the 12 months to the end of September 2017 has seen a record breaking 952,000 property sales completed in France.

Interestingly, this shows a 15% increase in volume of sales in Ile-de-France and a 15.6% increase across the rest of France. Meanwhile, in the French cities (with 150,000 plus inhabitants) excluding Paris there has been a general upward trajectory in the price of apartments. Bordeaux and Nice, in particular, maintain their value per square metre with Bordeaux properties increasing 12.1% per square metre and Nice 2.8% per square metre. Similarly, house prices have witnessed an upward trend with Nantes and Bordeaux seeing house prices spike by 8% and 10%.

Reports have also concluded that British buyers remain the main nationality purchasing property ahead of Belgians and then Italians. Whilst the number of foreign non-resident buyers seemed to be dwindling, this is evidently experiencing a u-turn since 2015.

For information on the removals process to France, please contact us on 01902 714555 or email sales@burkebros.co.uk or take a look at our dedicated web page here.

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