Now you Cannes, Cannes, Cannes as beach-widening project adds to the Cote d’Azur’s charms

Now you Cannes, Cannes, Cannes as beach-widening project adds to the Cote d’Azur’s charms

France
  • 80,000 cubic metres of sand extend Cannes’ beach to up to 40m wide in places
  • Engraissement work will provide holidaymakers with more beach for their buck
  • Property scene in Cannes serves up eclectic, high-end homes to suit every taste (FrenchEntrée)

With its Mediterranean climate, stunning waterfront, haute cuisine restaurants and high-end stores, Cannes has plenty to offer holidaymakers from around the world. Now, the jewel of the Cote d’Azur has even more to offer, with the beach made bigger and better for the summer season.

The 1.4-kilometre-long beach has been widened from its former 25-30 metre width, to an impressive 40 metres in places, providing more space for everyone from sunbathers to families building sand castles. It is the first major widening operation to take place since the 1960s, with some 80,000 cubic metres of sand brought in to bolster the shoreline.

Cannes is one of the most exciting destinations on the Cote d’Azur. In the world’s most visited country, it does an excellent job of vying for the attention of France’s 89 million annual visitors. The engraissement work completed over the winter months has enhanced that offering, ensuring that the beach is even bigger and better for this summer’s visitors.

The famous palm tree-lined waterfront walkway, the Promenade de la Croisette, has also been revamped ready for the summer, with improved surfaces and a new bikeway.

“Cannes has a history of attracting the rich and famous, from the aristocracy in the 19th century to some of the most recognised names in the global film and music industry today. Over time, we’ve seen a trend for the wealthy flocking to Cannes to build an array of outstanding properties. The result is an eclectic, exclusive mix of architectural styles, which serve to create an exciting local property scene for those looking to buy second homes on the Cote d’Azur.” 

Fleur Buckley, Property Services Manager, FrenchEntrée

 

Cannes is one of the most popular property markets in the world. It is no coincidence that it is the location of the MIPIM property event, which attracts attendees from across the globe every year. The city’s eye-watering price tags certainly reflect its popularity, but with so many fine homes on offer, the market is nonetheless competitive, though very much high end.

“Cannes is home to an elite raft of properties that were built to reflect the status of their original owners. As such, the city offers an outstanding level of choice when it comes to luxury features and architectural flair.”

Fleur Buckley, Property Services Manager, FrenchEntrée

 

Whether they’re in town to pick up a multi-million-pound property, or simply to enjoy the stunning surroundings and balmy climate, the widening of Cannes beach will benefit all of those who visit the city this summer. It ensures Cannes’ continued position as the highlight of the French Riviera.

 

Stunning Cannes homes currently on the market

Just a short stroll from the city centre, swanky marina and stunning Bay of Cannes, this contemporary seven-bedroom home should satisfy even the most demanding buyer. Set across four floors with lift, the property boasts numerous vast reception rooms, indoor/outdoor swimming pool, wellness areas, cinema, study and much more. The impressive home is on the market for €29.65 million.

Set in a charming 19th century mansion, and within walking distance of the centre of Cannes, this contemporary, stylish, three-bedroom/two-bathroom apartment boasts two balconies, sea views and a shared pool. It is on the market for €760,000.

Those looking for a more grandiose home – and with €1.29 million to spend – will be delighted by this magnificent Bourgeois-style apartment with impressive sea views. As well as a large living area and two bedrooms with en-suite bathrooms, the home includes a private terrace, cellar and garage, in a secure residence with a dedicated caretaker.

 

For further information, contact FrenchEntrée on +44 (0)1225 463752 or propertysales@frenchentree.com. You can also visit https://www.frenchentree.com/property-for-sale/.

 

 

 

 

New figures reveal France is top choice for Brits relocating with children

New figures reveal France is top choice for Brits relocating with children

France
  • 34% of all British children living in the EU are in France (ONS)
  • Property values, family lifestyle and weather are all key relocation drivers (FrenchEntrée)
  • France was second most popular EU country for British emigrants in 2017 (ONS)

New figures from the Office for National Statistics (ONS) have revealed France to be British emigrants’ top choice of EU country when it comes to moving overseas with children.

There were 20,100 British children living in France during 2017, accounting for 34% of all British children living in EU countries.

“France has excellent credentials when it comes to family living, so it’s a natural choice for those looking to relocate with children. French family homes offer excellent value for money and the education system is very thorough, challenging children to achieve their full potential. Add to that some stunning rural and coastal scenery, and a choice of vibrant cities, and it’s easy to see why France is home to more British children than any other EU country.”

Fleur Buckley, Property Services Manager, FrenchEntrée

 

In total, 19% of Brits living in the EU called France their home in 2017, making it the second most popular country (after Spain). Retirees (assumed to be those aged 65 and over) accounted for just 19% of British citizens living in France, while 68% were aged 15-64 and 13% were under 15.

The figures do much to challenge the perception that Brits are looking to France purely as a place to find better weather in their golden years. Instead, ONS data shows that 52% of those aged 15-64 are employed, with just 5% unemployed (the remaining 43% were neither employed nor looking for work, such as students or those looking after children).

France has much to offer those looking for a high quality family life. As well as excellent schools and medical care, the country offers a wide selection of family homes, from ancient country piles to contemporary urban townhouses. Then there’s its internationally renowned cuisine, as well as the promise of more sunshine than the UK can reasonably expect over the winter months. Overall, it’s a compelling package.

“France is so much more than just a retirement destination. Sprawling farmhouses, split-level city apartments, coastal cottages… all these serve to attract British buyers looking to get more out of family life by moving to France, as the latest ONS figures demonstrate.”

 Fleur Buckley, Property Services Manager, FrenchEntrée

Smart family homes currently on the market

This impressive stone farmhouse comes with 9.5 acres of rolling Normandy countryside. Perfect for a family looking to enjoy the beauty of rural France, it is on the market for €230,000.

Built just six years ago, this stunning detached home delivers a contemporary interior while retaining the charm and character of a traditional exterior. The outside seating areas will particularly appeal to families looking to make the most of the French sunshine. This property is priced at €265,000.

Working families looking for a property that also delivers an income will be delighted by this fully renovated, characterful gite in Beziers. On the market for €795,000, the home includes a total of eight bedrooms and three kitchens, along with a pool, gym and summer kitchen.

For further information, contact FrenchEntrée on +44 (0)1225 463752 or propertysales@frenchentree.com. You can also visit https://www.frenchentree.com/property-for-sale/.

Now you too can Escape to the Chateau!

Now you too can Escape to the Chateau!

France

This Sunday 18th March 2018 sees the hugely popular series, Escape to the Chateau, return to our screen.

Season 4 will air at 8pm on Channel 4 with stars Dick Strawbridge and Angel Adoree busier than ever preparing seven weddings and 14 food lovers’ weekends over the summer season.

It was 3 years ago that the couple swapped their two-bed flat in Southend for a chateau in the Loire, France and now more and more Brits, inspired by Dick and Angel’s adventures are doing the same.

“Châteaux are always some of the most popular properties with our clients. They often make fantastic settings for luxury accommodation, restaurants and wedding venues, while ample grounds open the possibility of running equestrian schools, hunting and fishing activities and plenty more. Working orchards, olive groves and vineyards can also provide business angles for those keen to work the land as part of their fairytale dream.”

Fleur Buckley, Property Services Manager, FrenchEntree  

 

Of course, owning your own castle isn’t cheap, but the variety of styles, sizes and conditions on the market means that there are châteaux available to suit a surprising range of budgets. Here, the experts at FrenchEntrée share a variety of options so that you too can escape to the chateau this summer….

 

Elegant chateau in Vendée, Loire

EUR 880,000

Situated at the exit of a village with shops and services, this 19th century property is surrounded by its beautiful park and benefits from a high-quality environment. Covering a total of 500sqm of living space, the chateau comprises small and large sitting rooms, dining room, study, large library, kitchen, back kitchen, laundry, beautiful stairway with wooden banisters leading to six bedrooms, a boudoir, oratory and 4 bathrooms. There is also an attic, cellar, outbuilding with garage, stable and a former caretaker’ s lodge.

French chateau in the Loire-Atlantique, between Nantes and La Baule

EUR 1,175,000

This charming chateau is situated 21 miles from the seaside, close to a small city with shops and services. Easily accessible by train or motorway, it benefits from a quiet environment, in the middle of its landscaped park. The property dates to the 19th century and is in coated stone and topped with slate roofs. Of about 450sqm of living space, over 3 levels, the property comprises dining room, sitting room, billiards’ room, kitchen, laundry, boiler room, cellar and storerooms. On the first floor there are five bedrooms, bathroom and shower rooms and laundry. Of about 4.4 acres of parkland, the property benefits from a wooded park with a pond, orchard and walled vegetable garden.

Characterful 19th century chateau in Normandy

EUR 1,670,000

A lovely river runs across this beautiful property located in Normandy, on the edge of a small village, 15 miles from the city of Rouen. This 19th century château comprises small and large sitting rooms, small and large dining rooms, large kitchen, 17 bedrooms, 6 bathrooms and a cellar. This château, with atypical architecture, offers very bright rooms with beautiful oak parquet flooring. The outbuildings are composed of a secondary lodge, two garages and a large building with workshop and barns.

And for the more adventurous… a castle for renovation in the Limousin

EUR 267,750

Perfect for renovation, the castle has been built in the 15th and 17th centuries. It used to be owned by the local priest and is set in a very calm village and with the surrounding 5.86 hectares of land. Built on top of the vaulted cellars, it comprises of 300 m² of habitable area and has been well looked after by the current owner of the property, the entire roof has been renewed. Two rooms in the oldest part of the castle have been converted into a kitchen and a bedroom with shower and toilet. The entrance hall has been totally renovated, opening out onto a lovely stone stairway. The property also comprises a barn measures 170 m² and another of 154 m². Fifty lime trees have also been planted along the driveway.

 For further information, contact FrenchEntrée on +44 (0)1225 463752 or propertysales@frenchentree.com. You can also visit https://www.frenchentree.com/property-for-sale/.

New lottery funding set to boost interest in renovating French ruins

New lottery funding set to boost interest in renovating French ruins

France

• Grants for renovation work to increase, thanks to new ‘Heritage Lotto’
• Owners can apply directly to Fondation du Patrmoine to fund their repairs
• 65% of British buyers are open to doing work beyond simple redecorating (FrenchEntrée)

A new lottery is set to breathe new life into a French funding programme that supports owners to renovate historic French properties. Agreed only last month, the ‘Heritage Lotto’ will fund grants to those helping to preserve France’s architectural heritage.

Renovating a historic property takes passion, commitment and plenty of cash. For many, to do so is a dream that they can’t quite afford. Now, the boost in funding for the Fondation du Patrmoine, means that those seeking to renovate some of France’s most stunning properties can apply for financial help to do so.

“Renovating can be incredibly rewarding, but it’s also seriously hard work and the financial commitment can put some buyers off the idea. Now, the additional Heritage Lotto funding means that more support is available for those who dream of doing up a French ruin. It’s a dream come true for some buyers, while also supporting the preservation of France’s historic architecture – everyone wins.”

Fleur Buckley, Property Services Manager, FrenchEntrée

Premium French property agents FrenchEntrée offer a range of superior properties, including those that need restoration work. The cost of such works ranges from €1,000 to €1,500 per square metre, depending on the severity of the dilapidation.

The reward for those undertaking the renovations is that doing so can work out to be far more cost effective than purchasing a comparable property in a good state of repair. They can end up with a stunning home that might otherwise have been unaffordable, as well as with the satisfaction of having brought back to life a property that might otherwise have slowly crumbled away to nothing, lost forever to the confines of history.

Interestingly, of FrenchEntrée’s clients, it is British buyers who are by far the keenest to undertake renovation works to a property with 65% open to doing work beyond simple redecorating such as putting in a new kitchen or bathroom. For those looking for additional accommodation with a property, such as a gîte, the majority (55%) are willing to do restoration or conversion work whilst 30% of Brits enquiring about châteaux not shy about taking on a ‘labour of love’.

Applying for funding from the Fondation du Patrmoine is surprisingly simple. Property owners apply directly to the foundation with details of the property and the work that needs to be carried out in order to restore it. The foundation then approves or rejects the request based on its eligibility criteria. Separate funding streams are available for listed and non-listed buildings.

“The new lottery funding is set to drive up interest in restoring France’s historic ruins, building a national campaign to preserve France’s grand architectural past. As a result, we’re expecting a significant rise in interest in French ruins and homes in need of restoration over the coming months, as buyers seek to take advantage of the available funding.”

Fleur Buckley, Property Services Manager, FrenchEntrée

Properties in need of renovation on the market

35 km from Rouen and 145 km from Paris stands this ruined Normandy chateau. On the market for €270,000, the property dates back to the Middle Ages. Two towers and the vaulted cellars date back to the 15th century, while modernization work undertaken in 1786 has contributed to the current aspect. The sellers have begun renovating, ready for the new owners to really get to work. The property is set in around 15 acres of grounds, including a pond surrounded by willows and a charming fruit orchard.

Also in Normandy, this outstanding listed manor house is available for €470,046. The stunning building, which dates back to the 14th and 17th centuries, is set in peaceful countryside, 6 km from the nearest town. The unique building includes domed and pinnacled roofs with elegant finials, atop rounded towers. Water-filled moats still surround part of the manor. Outbuildings in the grounds include a three-bedroom dwelling house, an ancient bakery and a stone barn.

For further information, contact FrenchEntrée on +44 (0)1225 463752. You can also visit https://www.frenchentree.com/property-for-sale/.

British buyers soar as Brexit fails to dull the allure of French property

British buyers soar as Brexit fails to dull the allure of French property

France
  • British buyers up from 9% in 2009 to 14% in 2016 (Notaires de France)
  • Brits’ budgets up by 12%, to an average of €310,000 (FrenchEntrée)
  • Bordeaux, Tours and Montpellier all enjoying impressive price rises (Notaires de France)
  • Transaction volumes in Charente-Maritime up by 29% (FrenchEntrée)

 

New figures have revealed that the French property market continues to go from strength to strength, with British buyers playing an increasingly important role.

The January 2018 French Property Market Report from Notaires de France reveals that transaction volumes and sale prices are both still rising, with the number of transactions in the year to October 2017 reaching an all-time high of 958,000.

The Notaires’ report makes clear that the current peak is not indicative of a bubble. The market is stable, with low interest rates setting the scene for moderate price rises. Growth is expected to continue into 2018, peaking at some point this year while still leaving a healthy market.

The air of positivity in relation to French property is not just being felt in France. Across the Channel, British buyers are well past their Brexit-related wobbles and are back on track with buying French property. British buyers now account for 14% of non-resident foreign buyers in France (based on data for Provence/Côte d’Azur/Corsica), up from 9% in 2009.

While Italian buyers still make up the largest group of non-resident foreign buyers, at 20%, their share of the market has dropped considerably from the 49% they accounted for back in 2009. British and Scandinavian buyers come joint second in terms of foreign ownership, at 14% each, with the Scandinavian cohort increasing marginally faster than the British one (up 7% and 5% respectively between 2009 and 2016).

The fact that British buyers have overcome their Brexit nerves is also shown in the types of properties that they are seeking in France.

Premium French property agents FrenchEntrée, has observed Brits’ growing confidence – and budgets – over the past 12 months. The firm has been tracking the average British budget, which has now risen to €310,000, up from €277,000 to this time last year.

“‘Brexit had an initial impact on British buyers looking for a second home in France, though those looking to relocate forged ahead regardless. Buyers of second homes or investments have since been reassured by the stabilising pound and the buoyant French market.”

“‘In light of the active market and the UK’s impending exit from the EU, buyers have certainly developed a greater sense of urgency. Our clients are finding that prioritising a viewing trip is key, before their ideal properties sell.”

Fleur Buckley, Property Services Manager, FrenchEntrée

 

FrenchEntrée’s findings in relation to increasing British budgets are echoed by the figures from Notaires de France. That body’s latest report shows that some significant budget increases – from British as well as other buyers. Buyers are now paying an average of 8% more for older houses in Bordeaux, 9.5% more in Tours and 8.9% more in Montpellier. The average budgets have increased to €310,000, €230,000 and €312,300 in the three cities respectively.

British buyers now account for 33% of the purchases of the most expensive properties in France. By way of comparison, Scandinavian buyers account for 35%. Despite the similar percentages, the two groups differ somewhat in their requirements. According to FrenchEntrée, the average Brit has a budget of €310,000 and is looking for property the in Brittany, Languedoc and the Dordogne.

Meanwhile, the average Scandinavian buyer is happy to spend €528,000, focusing the property hunt on Provence and Côte d’Azur. The rise of both buyer groups is good news for the French property market, as confirmed by the latest date both from Notaires de France and from FrenchEntrée.

Properties on the market

In Bordeaux, this chateau set on 27 hectares is more than enough to tempt any buyer.  Admittedly the €1,590,000 price tag isn’t cheap but given the stunning 19th century stone chateau covers some 325 m2 with a further 148m2 available to convert with wine shed, vines in good order and a 1.37 hectare park with mature trees, this property offers real bang for your buck (or euro).

Meanwhile, property hunters in Tours will be delighted by this elegant manor house in Directoire style. Available for €1,355,000, this impressive detached property offers nine bedrooms, sitting room and library as well as attic space perfect for conversion. Hidden in the middle of a haven of greenery thanks to a charming park composed by ornamental trees of several different species, this really is a gem.

Over in Montpellier, this village house with garden terrace, renovated by an architect who has wonderfully preserved the cachet of the old whilst offering a modern lifestyle is sure to appeal to any buyer. Available for €770,000, the house offers three generous bedrooms along with open plan kitchen leading onto the garden terrace, a study, garage, workshop and independent studio.

And for those Brits who really aren’t phased by Brexit when it comes to their budget, this exceptional house on Ile de Ré comes in at a cool €2.6 million. With five bedrooms and its own pool, the property offers a superior standard of living in a sought-after location. In fact, transactions are up 29% in the Charente-Maritime (which the island belongs to), according to FrenchEntrée, making it one of the hottest property prospects in France right now.

For further information, contact FrenchEntrée on +44 (0)1225 463752 or propertysales@frenchentree.com. You can also visit https://www.frenchentree.com/property-for-sale/.

J’adore la France! Buyers from around the world wooed by France’s romantic offering this Valentine’s Day

J’adore la France! Buyers from around the world wooed by France’s romantic offering this Valentine’s Day

France
  • French is world’s most romantic language (Google Translate)
  • France is world’s most visited country (UNTWO)
  • French property market offers something for everyone to fall in love with (FrenchEntrée)

With its alluring scenery, fine wines and plentiful summer sunshine, France has built up a reputation as one of the world’ most romantic countries. From swanky hotels on the banks of the River Seine in Paris to rustic country retreats with open fireplaces and miles of lavender fields around, France offers something to suit every couple’s taste when it comes to Valentine’s Day breaks. It’s also home to some incredibly romantic properties, perfect for those looking to buy a second home or fulltime residence to keep the love alive year-round.

 “Whether your idea of romance is a fairytale château with formal gardens, a period apartment just steps from the Seine or a cozy chalet in the mountains with an open fireplace, France has the perfect property. French is widely known as the language of love and the country’s properties certainly further its reputation as the home of romance.”

Fleur Buckley, Property Services Manager, FrenchEntrée

 

French is not just rumoured to be the language of love – its position as such is backed up by data from Google. According to Google Translate, 34 in every 1,000 French phrases that are translated are of a romantic nature, putting French ahead of every other language in terms of its romantic credentials. Indeed, after “bonjour,” “je t’aime” is the most requested French translation.

It is also the most visited country in the world, attracting some 82.6 million visitors in 2016, according to the United Nations World Tourism Organization (UNTWO). And for those who want more than a holiday from the home of romance, a French property is the perfect answer.

Perfect for those with romance in their soul, this beautiful château is just a short drive from Saint Valentin. Nestled in the heart of Champagne Berrichonne, the “village of lovers” hosts a spectacular Valentine’s Day celebration weekend each year with a festival, marriage ceremonies and renewal of vows services. For those wanting more than just a weekend of romance, the 19th century château offers ten bedrooms, eight bathrooms, an array of reception rooms and a wine cellar. Parquet flooring, decorative panelling, marble fireplaces and exposed beams create a wonderful sense of grandeur inside, while outdoors the meadows and woodland provide spectacular views over the Creuse valley. As well as a guest house and an apartment, the outbuildings also include a chapel – the ultimate romantic property feature!

Another superb property with its own chapel is this 19th century château in Carcassonne. The home has been restored beautifully, from the formal grounds – which would make an idyllic setting for a wedding – to the modern yet authentically charming interior. Marble floors with underfloor heating, high ornate ceilings and elegant fireplaces make this an unforgettable property.

Fleur Buckley, Property Services Manager at premium French property agents FrenchEntrée, shares what buyers are loving most about French property so far in 2018:

  • Brittany and Languedoc-Roussillon have so far been the two most popular regions for new enquiries, accounting for 13% and 12% of all enquiries respectively. Brittany remains steady even in the colder months, as buyers are accepting of the variable weather and cooler temperatures – so the region doesn’t see as much seasonal variation in sales as the warmer southern areas. The Languedoc region is popular thanks to low cost flights from the UK, which mean that buyers can take advantage of school holidays and long weekends to visit their second home.
  • As the pound stabilises and fluctuations in its value decrease, buyers have felt more comfortable in increasing their budgets. Compared to this period last year, we’ve seen an average 12% increase in budget. This reflects buyers’ increased confidence in the French market (which went from strength to strength last year), as well as what they can afford at current rates.
  • When it comes to the most popular areas of Paris, the fashionable 16th arrondissement, the historic Marais and the fabulously Parisian Saint-Germain-des-Prés all look set to attract buyers in their droves in 2018.

If France is the home of romance, then Paris is unquestionably the city of love. From rendezvous in impossibly chic pavement cafés to strolls along the river as evening falls, past incredible buildings oozing with history, it is a city that charms lovers of all ages and nationalities – and it seems that its property market does the same. According to Insee, 20% of Parisians are immigrants, reflecting the city’s vast international appeal.

FrenchEntrée have long understood the draw of the Parisian property market. From light-filled residences just a stone’s throw from some of Paris’ best restaurants to feature apartments in the city’s trendiest areas, the company has witnessed countless homes being snapped up by those who have fallen for France’s capital city.  

For further information, contact FrenchEntrée on +44 (0)1225 463752 or propertysales@frenchentree.com. You can also visit https://www.frenchentree.com/property-for-sale/.

What can you buy in France for the price of a house across the UK?

What can you buy in France for the price of a house across the UK?

France

Once again France remains the most popular place to visit in the world, with Jean Baptiste Lemoyne, French minister of state, expecting between 88 and 89 million foreign tourists in 2017, a record new high on the 85 million in 2015.

The British interest in France also remains high despite the Brexit vote with the latest data revealing that the number of British nationals acquiring French passports has risen fivefold since June 2016. 2017 saw 1,518 Britons become French citizens compared with 320 in 2015 and 439 in 2014.

“The appeals of visiting and indeed looking to live in France have remained clear for decades. Easy access to the UK, quality of life, climate, culture and gastronomy draw millions each year with the affordability of property, straightforward purchasing process and great mortgage deals also offer an additional incentive for those looking to make their visit to France more permanent.”

Fleur Buckley, Property Services Manager, FrenchEntrée

 

So, if you are thinking of making the move to France this year, take a look at what you can buy for the price of a house across the UK:

North West

For the average price of a property in the North West, £159,066 according to the latest HM Land Registry data (Nov 2017), you could own this attractive stone house in perfect condition with a pretty garden in Charentes, SW France.

Available for €171,200 (£151,834), this property offers a spacious open plan living room with wood burner, kitchen with stone fireplace, bedroom and shower room. Upstairs there is a mezzanine and a further two bedrooms with shower room.

The Midlands

For the average price of a home in the East Midlands, currently at £185,047, you could live the high life with this 4-bedroom charming house located in Sauvagnac, SW France complete with landscaped gardens and swimming pool.

Available for €206,700 (£183,319) this charming typical French 4-bedroom house has the modernity of tiled floors with under-floor heating, plus original features such as wooden beams. Located behind wrought iron gates, in a landscaped and wooded garden of 3800m2, lies a spacious and bright home. The fitted kitchen is roomy with plenty of units and space for a dining area. The split level, open plan lounge/diner is bright thanks to double aspect patio doors and boasts a feature stone fireplace. The Charente lakes and golf club La Preze is approximately 10 minutes away as well as easy access to Limoges airport and the TGV at Angouleme.

East

Those living in the East of England, where average house prices stand at £289,731, looking for a change of lifestyle should consider this spacious 4-bedroom character house in the Languedoc. Available for €315,000 (£280,014), the property boasts a beautiful garden, courtyard, terrace, 4/5 bedrooms, 2 bathrooms, a nice kitchen, 2 lounges and a study.

Immediately habitable and located in a pretty village on the Canal with shops and restaurants, twice weekly market just 10 minutes from Narbonne and the beach, this is a quality winegrowers home with potential for two individual properties and income.

London

Notoriously expensive with the current house price an eye watering £481,915, more and more people are swapping life in the Big Smoke in the search of more affordable housing. This beautiful contemporary home near the coast of Brittany is available from €522,500 (£464,471) and offers a living room with a central fireplace, separate sitting area opening onto the garden with a French doors and a cathedral dining area, fully equipped kitchen and conservatory with Jacuzzi.

The first floor comprises an office, four bedrooms, one en suite and access to a fifth bedroom above. A basement with a large garage for two cars, dressing space, boiler room and shower completes the property all located in a quiet area just 1.5km from the coast.

South East

Geographically the closest to French shores, homeowners in the South East could trade in their pricey pads, averaging at £325,270, for this beautiful character house in Mayenne, north west France.  Available for €360,000 (£319,950) this beautiful manor-style house is set in a traditional wooded countryside.

Built in 1744 and enlarged at the beginning of the 19th century, the property comprises a small rural house and a former farmhouse now used as a home. On the ground floor, there is an oak staircase, dual-aspect living room with parquet flooring and a large marble fireplace, a dining room, exposed beams and terracotta floor. In the wing lies the kitchen, cellar, garage and boiler room. On the first floor the landing serves 4 bedrooms, two bathrooms with toilets.

South West

Lastly, for those in the South West, where the average price is a touch over the national average at £251,923 then this fully restored 3-bedroom stone-built country house and barn located in a quiet friendly hamlet near Varen, Tarn et Garonne could be for you.

On the market for €280,000 (£248,248) this property is set in beautiful landscaped gardens with the interior of the house fully restored with the original features and beams preserved. This is a stylish country residence, far from the madding crowd with a large barn dating back to 1874 primed for development of additional rooms.

“Whilst growth in the UK market is set to slow in 2018 with Nationwide forecasting a growth rate of just 1%, prices are up 3.9% y-o-y in France (L’INSEE, Q3 2017) and our partners at BNP Paribas are predicting 3-4% further growth in 2018.

“Here at FrenchEntrée, we have seen budgets of British buyers increasing anywhere from 10-20%, demonstrating increased confidence in a growth market and a desire to forge ahead instead of waiting for the resolution of Brexit.”

Fleur Buckley, Property Services Manager, FrenchEntrée

 

FrenchEntrée

+44 (0)1225 463752

propertysales@frenchentree.com

https://www.frenchentree.com/property-for-sale/

French wealth tax changes on 1st Jan 2018 welcomed by British expats

French wealth tax changes on 1st Jan 2018 welcomed by British expats

France

Effective from 1st January 2018 the wealth tax, which previously implicated property buyers in France, is being amended.

Back in October 2017, President Macron’s reforms of this notorious wealth tax passed into law and will now come into effect as of 1st January 2018 much to the delight of many British expats.

The impôt de solidarité sur la fortune (ISF) was previously an annual levy (of up to 1.5%) on property and assets held worldwide by residents over €1.3 million.

Whilst Macron’s reforms result in no changes to the rates and thresholds themselves, the tax will now apply almost exclusively to the property and assets of French residents’ only.

“The implementation of these new tax changes on 1st January 2018 is certainly welcomed by expatriates with property and assets in France. It will bring a renewed surge of interest from buyers and investors alike into some of the prime real estate markets in France including Paris, the Alps and of course Provence-Cote d’Azur.

“This comes at a time when agents are particularly proactive at bringing new properties to market in the anticipation of gearing up for Spring interest from new buyers.”

Fleur Buckley, Property Services Manager, FrenchEntrée

One market set to benefit from these tax changes is the French capital, Paris.

Typically, demand for property in Paris is greater than the supply but this will start to balance in the New Year with the buyers’ market becoming more competitive once again with the easing of the wealth tax.

 

On the market in Paris:

Incredible St-Germain Apartment with Wrap-Around Balcony

€4,500,000

https://www.frenchentree.com/property-for-sale/details/2974_xml_psu828/st-germain-des-pres-bonaparte-view

Located on the Rue Bonaparte steps from the Legendary Place Saint Germain des Prés, Café de Flore and Les Deux Magots this 173 m² apartment occupies the entire 3rd floor of this Haussmanien building, with a wrap-around balcony.

The apartment ‘s original features still intact with beautiful fireplace, parquet flooring and library. The marble floored entrance leads into a spacious salon with a fireplace and dining room. This, in turn, gives access to the Library with the television and the first suite. This suite has access to the balcony, as well as a dressing room and private bathroom. There is a classic hallway with the guest toilet and guest cloakroom. The second suite has an office area, dressing room, private bathroom and a hammam. The kitchen is fully equipped, with a dining area and a laundry room. Air conditioning, security, home automation system for sound and lighting. Elevator, 24H caretaker services and a cellar.

 

Gorgeous Historic Apartment in the Marais District

€1,050,000

https://www.frenchentree.com/property-for-sale/details/2974_xml_psu803/marais-notre-dame-de-nazareth-temple

Beautiful apartment in the trendy North Marais, a short walk from the Carreau du Temple and Rue de Bretagne with best shopping and restaurants at your doorstep. Recently renovated to a very high standard preserving all the original period features.

On the 4th floor of a beautiful early 1800’s building, offering a living and dining area, the property includes original beamed ceilings, working fireplace 2 bedrooms and fully equipped kitchen.

 

Luxury Flat with Stunning Views over Boulevard Saint Germain

€5,150,000

https://www.frenchentree.com/property-for-sale/details/2974_xml_psu827/st-germain-des-pres-boulevard-view

Located in the heart of Saint Germain des Prés, surrounded by renowned institutions such as Café le Flore, les Deux Margots, Brasserie Lipp, bookshops and luxury boutiques, this 186 m² apartment on the 4th floor, sits between the Rue des Saints Pères and the Boulevard Saint Germain in this world-famous Parisian neighbourhood.

The entrance hall leads to two large living rooms composed of one lounge area including an original fireplace and dining room, and a separate spacious television lounge area. The first bedroom suite boasts a dressing room and private bathroom. These rooms have a stunning view over the Boulevard Saint Germain. The second suite, which also has its own dressing and private bathroom, is south facing with a view over the garden. This property also includes a separate maid’s room, fully renovated and furnished.

 

FrenchEntrée

+44 (0)1225 463752

propertysales@frenchentree.com

https://www.frenchentree.com/property-for-sale/ 

French ski resorts that benefited from the Winter Olympics effect

French ski resorts that benefited from the Winter Olympics effect

France United Kingdom , , , , ,

South Korea’s hosting of the 2018 Winter Olympics in February will be an opportunity to promote winter sports to the world while demonstrating the diversity of today’s skiing destinations, said Skiingproperty.com in December, adding that it’s also an occasion to recognize how important the French Alps have been both in the history of the event and ski tourism as a whole.

“The Winter Olympics is always exciting and it will be no different in PyeongChang,” said Skiingproperty.com director Julian Walker. “This hugely popular quadrennial event was in fact born in the French Alps, specifically in Chamonix in 1924. It returned to France in 1968, to Grenoble, and then again in 1992, to Albertville. For those French resorts that were fortunate enough to participate, the Olympics helped put them on the map and have become an important part of their history.”

Skiingproperty.com highlights four resorts in the French Alps that have featured in Winter Olympics and in each reveals an exciting property for sale .

Les Arcs – Speed skiing
Part of the Paradiski ski area in the Savoie region, Les Arcs hosted the exhilarating speed skiing at the 1992 Winter Olympics. The event involves skiing as fast as possible down a straight downhill run, such that competitors often exceed 200 kilometres per hour. The resort’s Olympic speed run, known as the ‘Kilometre Lancé’ (Flying Kilometre), is in the Aiguille Rouge area of Les Arcs 2000, where the slopes are especially steep. Pro speed skiers still use it today while the public can use it under supervision. Skiingproperty.com has new-build apartments in Les Arcs, available from €200,000.

Méribel – Ice hockey and Alpine skiing
Picturesque Méribel, a favourite with British skiers, is located in the centre of the vast Trois Vallées ski area, making it ideally placed for hosting two events at the 1992 Olympics – the ice hockey and women’s Alpine skiing. A legacy of this is the resort’s impressive indoor ice rink, the Patinoire Olympique, built for the Olympics and which now includes a swimming pool and restaurant. Skiingproperty.com has luxury property for sale in Méribel, including new-build four-bedroom chalets from €2.9million.

Val d’Isère – Alpine skiing
Testament to the quality of the slopes around trendy Val d’Isère, the resort played a key part in the 1992 Olympics. Part of the Espace Killy ski area, which includes Tignes, the resort hosted all bar one of the men’s Alpine skiing events, including the downhill, super-G, giant slalom and combined. The resort’s famous Face de Bellevarde, a thrilling black run, was integral to these events and today remains a highlight of skiing at Val d’Isère. Skiingproperty.com has luxury off-plan apartments in Val d’Isère, available from €1.309million.

Courchevel – Ski jumping and Nordic combined
Internationally exclusive Courchevel played its part in the 1992 Olympics by hosting the jumping and Nordic combined at its Le Praz (1,300) village. The Courchevel Valley also benefited from the creation of accommodation for competitors in the village of La Tania. Skiingproperty.com has luxury new apartments in Courchevel, available from €825,000.

Be the king of your own castle in 2018 with these French châteaux

Be the king of your own castle in 2018 with these French châteaux

France
  • Huge range of châteaux in France can accommodate many budgets (FrenchEntrée)
  • South-west France can provide exceptional value for those looking for fairytale properties
  • Châteaux-based businesses available to those looking to profit from their dream home

 

As youngsters, many of us dream of living in a grand castle when we grow up. Most people’s ambitions change as they age, but for some, that fairytale never fades – and that’s where France’s plentiful châteaux come into play.

Of course, owning your own castle isn’t cheap, but the variety of styles, sizes and conditions on the market means that there are châteaux available to suit a surprising range of budgets.

“The region that a château is in can heavily influence the style. Pays de la Loire for example can be associated much more with ‘leisure’ châteaux, the historic playground of French aristocracy. Such châteaux were designed with elegance and aesthetics as the main concerns, whereas those in more contested areas, such as near to the Spanish border, were designed to be defendable.”

Fleur Buckley, Property Services Manager, FrenchEntrée

When looking at cost, buyers are sometimes drawn to renovation projects as a more accessible way to realise their grand ambitions, but for those unfamiliar with large-scale renovation projects or converting truly old buildings, the eventual overall cost is important to consider. This can vary based on region, but the average figure per square metre for renovation work is €700 and €1,500 (the latter if it’s a total rebuild). If the property is merely in need of internal modernisation and refurbishment (for example kitchens, bathrooms and heating) then you can generally reduce this figure by almost 50%.

As such, it can be an attractive proposition to acquire a château that is already in great condition and, for the business-oriented, generating revenue. In Dordogne, this château can seem like a considerable investment, but its sizeable revenue can help offset the cost. With over 18 hectares of land and architecture dating back to both the 12th and 15th century, an imposing estate awaits those looking to take over the reins of a successful hotel.

Châteaux often make fantastic settings for luxury accommodation, restaurants and wedding venues, while ample grounds open the possibility of running equestrian schools, hunting and fishing activities and plenty more. Working orchards, olive groves and vineyards can also provide business angles for those keen to work the land as part of their fairytale dream.

The inclusion of outbuildings with châteaux tends to provide plenty of flexibility for owners. Some rent them out as holiday properties, while others use them as accommodation for a caretaker or groundsman. Premium French property agents FrenchEntrée point out that the cost of employing such staff needs to be factored in from the outset.

“Running costs and upkeep are a major undertaking when you buy a property of this size. Heating, maintenance and tax alone mean a five figure spend on upkeep every year, which buyers need to take into account. For larger châteaux, a full time, salaried caretaker or groundsman is often essential. Providing an on-site cottage as accommodation can help to mitigate some of the cost of this, but minimum wage still exists in France – and at a higher rate than in the UK!”

Fleur Buckley, Property Services Manager, FrenchEntrée

Prices vary enormously based not only on the style and age of the château, but also its location. Buyers on a budget can focus their search around the South-west, while those with an eye for the pricier end of the market will delight in the châteaux available in Pays de la Loire and closer to Paris. Buyers looking to renovate a château typically come to FrenchEntrée with budgets ranging from €500,000 – €800,000 (excluding renovation), whilst those looking to buy already established have budgets of double that and upwards.

Either way, owning a château can’t be considered cheap. However, those with sufficient imagination, plenty of dedication and a head for business can find themselves living the dream for less than one might imagine.

 

Châteaux on the market:

For a truly impressive estate, this Loire château, 900 square metres in size, comes with not only its own moat but also 4 separate holiday cottages and 40 acres of land. Each cottage is larger than a typical 5-bedroom house, the largest of which is 270 square metres, almost a petit château in its own right. The château, rebuilt in 1863, has plenty of space to entertain, with 26 bedrooms and beautiful traditional features. On the market for €1,190,000.

As mentioned before, this three-star, 33-room hotel and restaurant offers an existing château-based business in the Dordogne. The château was built in the 12th and 15th centuries, before being converted into its current arrangement in the 1990s. Stunning views and a pool of course come as standard. The business generates a turnover of €900,000 for eight months of activity per year, which will go some way towards covering the purchase price of €6.386 million.

Continuing the trend of châteaux belonging to multiple centuries, this storied châteaux situated in the Loire Valley will no doubt appeal. With parts of the building dating back to the 15th, 17th and 19th centuries respectively, France’s architectural history is well-presented. 10 bedrooms, 4 hectares of riverside gardens and stables – not bad at all for just €890,000.

For further information, contact FrenchEntrée on +44 (0)1225 463752 or propertysales@frenchentree.com. You can also visit https://www.frenchentree.com/property-for-sale/.