Low, Low Interest Only – 2.5% French Mortgage Rates
Property ownership in France has been a firm favourite with the British for many years driven by strong growth rates and good investment yields. The South of France is a prime example and the airports of Nice and Marseille offer tremendous access to this region from London and other parts of the UK.
The good news for UK based buyers of Investment Property in France is that there is an abundance of property all over the South of France; a restored Mas, stylish new builds, pieds-a-terre, family villas or even winter sports apartments. Capital appreciation is good and rental yields are strong. There is no better time than 2010 to acquire an Investment Property in the South of France.
A good rental yield from an investment property can be achieved with so many tourists and the enormous quantity of conferences throughout the year especially in Cannes, making the South of France an excellent choice for your Overseas Property Investment.
Compared to the UK, a long history of prudent lending in France has meant mortgage finance in France is still readily available and great value. Coupled with an approximate discount of 10% on French property prices a year ago – there is no better time than 2010 to acquire an Investment Property in the South of France.
Terms:
- No penalty on early redemption
- Convert to a repayment mortgage at any time with no penalty
- Max term 20 years
- Minimum loan – €100,000
- 40% deposit required
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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT. CHANGES IN THE EXCHANGE RATE MAY INCREASE THE STERLING EQUIVALENT OF YOUR DEBT.
