France could offer investors a respite from the worldwide downturn in property markets, according to International Law Partnership - a specialist firm dealing in overseas property purchase.
According to John Howell, a partner at the firm, there are pockets of growth still available in international property worldwide, but France is uniquely positioned to reward any investor brave enough to enter the market there. Even today, property in ‘much of France’ is increasing in value, according to Howell. The regulation covering French property sales is more thorough than any other market, with the notary system backed up by regulated estate agents. French banks have also shown more restraint than their UK and US counterparts in their lending. As a result, the market has not become...
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