FRANCE SHOWS THE WAY FORWARD

With capital gains of up to 15% a year, high demand for rental accommodation and relatively cheap property compared with the UK, France is being tipped as the next big thing for canny property investors. Assetz property investment specialists recommend investing in France with a long-term view to maximise yields. To cope with the 78% increase in demand for French property over the past year, Assetz International plans to double its French department within the next six months.

One of the top two most popular holiday destinations in the world, around 60 million tourists visited France last year. As there is a certain lack of accommodation available in the tourist hotspots, investing in property is an ideal way to secure guaranteed high rental yields. Trading in French property can be very profitable, especially if buying off-plan and reselling some years later on when prices have risen. In fact, over 60% of Assetz’ enquiries relate to new-build, suggesting that investors are already taking advantage of off-plan developments and the profits that can be made.

Newskys.co.uk