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News: French property investors pointed towards Perpignan

Thu, 12 Apr 07

People considering investing in property in France should consider the southern city of Perpignan, which has emerged as a very promising region...

According to Trisha Mason, founder of VEF French Property, the buy-to-let market in France is currently "exceedingly buoyant", owing to demand from young professionals and students.

She advised that people considering buying a property to rent out looked at small apartments in central areas.

"Perpignan has shown outstanding capital growth and rental returns from such properties in 2006," Ms Mason explained.

She also stated that Nice continues to be a "strong favourite" for investors and offered a prediction for the Languedoc region based on the number of people that are expected to flock there over the coming years.

"It is anticipated that 30 per cent more people will move to the Languedoc region over the next 20 years so for potential capital growth, anything in this region makes a sensible buy," Ms Mason said.

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