There has been a 60 percent increase in the number of Britons looking to buy for property in France over the last 12 months, with 67% of those looking to emigrate on a permanent basis.
The information is based on a survey by the organisers of The France Show 2011, which was made public today.
The survey was carried out among prospective property buyers, estate agents and mortgage lenders. It also showed that 70 percent of the buyers were making the move from the UK to France in search of a better lifestyle. More than one-third of them (35 percent) said the government’s spending cuts over the past 12 months had further motivated them to leave the UK.
Eighteen percent of the migrating Brits believe France offers them far better value for money in terms of property, with buyers having an average budget of EUR200,000 (or $279,000 USD) to spend.
While reduced prices and the current ‘buyer’s market’ in France attracted 30 percent of those who completed the survey, 60 percent believe their overall cost of day-to-day living will also be reduced by moving to France. This figure rose to 83 percent for families with young children.
The France Show 2011 takes place at Earls Court, London from 14 to 16 January, offering visitors the chance to enjoy a flavour of France while still in the UK. The event includes The French Property Exhibition, hosting the UK’s largest selection of French specialist estate agents. With thousands of properties on offer, it is the perfect opportunity for visitors to explore the option of buying their dream town house, pied-Ã -terre, chateau or farmhouse.
Jane Smallwood, of French property agent Agence L’Union, says: “We have seen a dramatic increase in the number of people looking to make a move to France since the beginning of June. Whilst property sales are on the up, prices in France are still far lower than at the peak of the boom in 2007. This, coupled with the stronger pound, means that UK clients are extremely well placed to secure exceptional deals.”
For further information and to book tickets visit www.thefranceshow.com or call +44(0)844-871-8817.
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