Britons are being encouraged to make the most of the slow global property market by making a
property investment in France or another European destination.
While the global economic downturn may have put some people off making property investments, one expert has suggested that now might prove to be a good time to buy.
Property prices in France and other parts of Europe have fallen substantially in recent years, making them ripe for investment, according to Richard Way, editor of UK-based overseas property publication, A Place in the Sun Magazine.
"For people looking for holiday or
retirement homes, classic European destinations will be popular - Spain, France, Italy, Portugal, Greece and Turkey, as well as Florida," he said.
"If you can afford to buy now, then grab a bargain while you can," Mr Way added.
Recent research from the Global Property Guide found property prices have fallen annually in 17 of the 27 surveyed countries.
See Also: Property News (6699)
Date Published: 30 November 2009
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