Burgundy offers good prices to British investors

Released on = April 30, 2007, 10:27 am

Press Release Author = Jimwatson

Industry = Real Estate

Press Release Summary = Burgundy will be familiar to anybody with even a passing
knowledge of wine, as it is one of the most famous wine-producing regions in the
world. The region produces both reds and whites - although the word burgundy itself
actually means red - and includes among its output some of the most expensive
wines in the world.

Press Release Body = Burgundy will be familiar to anybody with even a passing
knowledge of wine, as it is one of the most famous wine-producing regions in the
world. The region produces both reds and whites - although the word burgundy itself
actually means red - and includes among its output some of the most expensive
wines in the world.

The region encompasses areas such as Côte d\'Or, Beaujolais and Chablis, which are
famous in their own right as the homes of top-quality vineyards. Indeed, the grape
varieties used by the winemakers in this region are in themselves a valuable and
much sought-after commodity that fetch very high prices on the international market.
Interestingly, as the Burgundy vineyards still largely use the traditional method of
maturing wine in casks, the region\'s second chief export is barrels.

Burgundy also has a lot of history - there are more castles, medieval strongholds
and chateaux in the area than in any other region in France, testament to the fact
that the land has always been prized. A significant number of these are open to the
public and attract visitors from all over, especially during the summer season. It\'s
an interesting aspect of Burgundy life and something that may interest the
buy-to-let investor with an eye on the tourist trade.

Although the wine alone may prove a huge temptation to investors, there are other
good reasons for buying a Burgundy property - perhaps not as immediately enjoyable
as the wine, but equally as valid. According market analyst Maud Rousseau of
Rightmove, the area is a good choice for British investors in particular, as a
strong pound and favourable rate of exchange means \"you can still get a very good
price for an amazing property\".

However, Ms Rousseau counsels British investors to restrict their investments to
ready-built properties because developers selling off-plan are \"specifically
targeting British buyers\" - and this means high prices set with the British wallet
in mind. She explains that \"for the French people\" Burgundy is \"very expensive\", but
not in comparison to British house prices. Canny French developers must be aiming
off-plan developments at the UK buyer, because \"it\'s not something a French person
would buy\".

Web Site = http://www.assetz.co.uk/

Contact Details = Assetz House, Newby Road, Stockport, Cheshire, SK7 5DA, 0845 400
7000, linkexchangeseo@gmail.com

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