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French Atlantic coast ripe for property investment

Wednesday, 19 Mar 2008 16:40
Bayonne, on the Atlantic coast of France
France's Atlantic coast is becoming an alluring proposition for property investors looking across the channel, according to property experts VEF Group.

While France has been among the top overseas investment destinations for Brits looking for property abroad, some areas are becoming over saturated with demand.

Established areas, such as Provence and the Languedoc, still offer buyers the authentic French lifestyle and idyllic locations, but with increasing demand prices have risen.

In contrast, the Atlantic coast has been largely unspoiled thus far, and is now attracting investors.

"The Atlantic Ocean coastline - that goes from the south of Bordeaux to the beginning of the Basque country (just north of the Bayonne/Biarritz area) - is very affordable as there is still much room for development," said Cherise Williams, a spokesperson for VEF.

"Les Landes’ fine sand beaches stretch for over 100km to the beautiful backdrop of the gigantesque Landaise Forest, which is an ideal playground for families who like cooling off by the lakes or exploring the forest’s mountain bike trails which seem to run endlessly."

A two-bedroom off-plan beachhouse in Biscarosse, in the centre of the region, would set buyers back around €160,000 (£125,000), according to VEF.

"Going more inland, some areas of (the) Dordogne also offer a lot for your money and you don’t have to be off the beaten track either, with the Bergerac area also an interesting example," continued Ms Williams.

"Both locations are great for renting out during the tourist season as the French in particular absolutely love the area. This would be a good way of covering your yearly taxes and running costs."



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