French real estate

Voici un extrait de l'article paru ce jour dans le journal anglais Daily Telegraph :

"France: it's time to drive a hard bargain. For the natives, the party's over. But for Brits, plummeting house prices offer golden opportunities" says Chris Wilson. "... The popular regions that have always been expensive will remain so. Demand is always strong on the Côte d'Azur from all over Europe and the Russians, for example, haven't yet got tired of the overcrowding there, so properties are still in demand. But even here the agents see a change in the market".

"We have a two-speed market," says M Cajna, of Agence Istra in Nice. "There are properties that come on the market at a reasonable price and are sold within a couple of months. Then there are the ones where the clients are looking to make a big profit. These are maybe 25 per cent overvalued and they aren't selling."