Investors snap up French property
International property investors have been out in force and their appetite for real estate in France shows no sign of dwindling despite the current oppressive economic climate.
Phase one of a new French property development in the Limousin region of France has completely sold out much to the delight of the developer of the Chateau de la Cazine and the company has just begun work on phase two of the 90 hectare site which will include fractional and whole ownership options for hotel suites.
A spokesman for Barrasford and Bird Worldwide said they were extremely proud of the work done so far and expect investor interest in the second phase to be just as keen.
Property experts believe the success of the development demonstrates the continued appetite for and belief in the French property investment markets at a time when many other European property markets are proving vulnerable.