Monday, 9 March 2015
Monday, 9 March 2015
Concern for expats selling property in France
The stronger £ over the last 12 months has seen a significant increase in buyers coming back to the French property market.
But, as always, there is a flip side to the coin. In this case it is for sellers planning to sell up and go back to the UK, as they have seen the price of their house reduced by over 15% during the last year, purely by currency movements.
In addition, they have probably had to reduce their asking price if they have been on the market for a while, so have endured a “double whammy”.
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