A website for people buying second homes has a feature on the recent presidential election in France. The feature feels new president will be generally favorable for the real estate market in this country. There is some concern over property and wealth tax rates. And British owners of property in France may be concerned about Brexit. On the other hand, the new president has vowed to support the construction industry and to cut down on government interference. The account states that much depends on the number of parliamentary members from the president’s party.
“British demand for property is likely to be slow over the coming years due to Brexit, but demand from other international buyers is likely to fill that void.”
Rory Ramsden is a French property finder and buyer's agent working for high net worth private clients wishing to buy a chateau, manor or vineyard in the south west of France. He has lived in France for 8 years after spending time travelling the world on business.
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