The recent addition of direct Eurostar trains from London to the south of France has opened up properties for Brits who might not want to fly but where driving makes the journey too onerous.
Property prices in the region since the start of the credit crunch have been held at rather unrealistic highs - however vendors are often now taking substantial offers and reducing asking prices in order to sell, so you may find that there are many high quality, great value properties available.
As yet the direct Eurostar train and the implications that has for second home owners in the region is still a new story and hasn’t impacted prices. This makes it a great time to take advantage as an 'early adopter' as the new benefits from ease of travel from the UK haven't yet been priced into properties along the route. Essentially this could be a unique opportunity. You could capitalise if you have equity in UK property and want to release it to make a full-time move in order to change your lifestyle, start a new business - or if you're looking for a second/holiday home especially around Avignon, Uzès, Aix-en-Provence and Marseille as well as Cassis and the Calanques area.
With the pound being at a good rate this is a great time to consider a purchase in France.
Plus, letting the train take the strain for your southern French journey is an attractive proposition for guests who want to visit/rent, there are no limited on baggage on the train, you can work on the train if you need to and it’s a comfortable way to travel with terrific views on the way to your French property!
Commentary by: Leggett Immobililier
South of France Property comment