Hop across channel for huge price increases, say experts

Investors looking to purchase overseas should hop across the Channel to France where near double-digit price increases have been recorded, says specialist French property firm Experience International.

According to the latest Knight Frank Global House Price Index, France saw a 9.5% annual increase in prices in Q4 2010 compared to the same period 12 months ago.

Steven Worboys, MD at Experience International, comments, "Surpassed within Europe only by Latvia (16.9% annual price increase) and Austria (9.9%), the near double digit annual price increase is highly indicative of the robust nature of the French property market. The unique conditions we find ourselves in today with the lowest interest rates since WW2, strength of the pound and rising prices make this the perfect time to buy."

Source: Experience International