Paris Riviera
There are countries where the yield is higher than France, and where it is feasible to make big gains. However, the risk of loss is much higher because the economy is not as stable as in France, and because policies are more subject to change, without speaking of natural disasters and risk of conflict for example.
In Paris the yield is usually around 4.5% for residential property. The cost of money (interest rate) is low. According to www.meilleurtaux.com (motgage broker), the last trend : March 9 - 2010 on 15 years period at a fixe rate below 4.10% and 3.50% for a capped variable rate. The interest rate is historically low!
Getting a French mortgage when you are not resident in France is easy, we work with several banks and mortgage broker who can assess you capacity to borrow money to finance a better property.
Anti - crisis investment:
+ 44(0)208 880 6674 or +33 (0)143 575 978.
Secure a currency rate now, buying a property takes several month from the pre-search stage to completion.
You can buy-to-let as a short let, generate approx 4 to 6% yield per annum, finance the acquisition with a French bank at a low rate and still use the property few weeks per year. We can assist you throughout the process, after completion with the renovation and guide you to redecorate according to the demand and find the best managing company according to the property type and location.
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