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Wolverhampton : 01902 714555

Birmingham : 0121 444 1885

London : 0207 937 1999

Rugby : 01788 541044

Coventry & Warwick : 024 7663 2501

Bridgnorth : 01746 336041

Email : sales@burkebros.co.uk


A Positive Performance from the French Property Market

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.

January 22nd, 2018 | Categories: Blog