Press Release Summary: With all the attention paid to Paris and the north France property following the advent of the new Eurostar, other parts of the country may suffer from a lack of attention.
Press Release Body: With all the attention paid to Paris and the north France property following the advent of the new Eurostar, other parts of the country may suffer from a lack of attention. But such a situation should not deter property investors from looking at what places such as the south France property still have to offer, according to property consultants Cluttons France.
Director Olivier Morvan said that when it came to buy-to-let, there were few regional differences, stating: \"There\'s not too much divide [between the north and south of France]; the rental return is very good.\"
When it came to the south, he suggested, the best places to go were in Nice, or nearby towns such as Antibes: \"Antibes because it has the boating and yachting industry and Cannes because of the congresses.\"
These were not the only possibilities Mr Morvan suggested. There were locations with plenty of students, for instance. Morever, he noted: \"If you want pure rental return you would make use of the good tax advantages by the French government on buy-to-let schemes.\"
The French laws on property and renting, either existing or in the pipeline, are another of the reasons the south can do as well as any part of France, since these are favourable irrespective of region.
Of course, another is the popular appeal of the area. The yachting in Antibes and the \"congresses\" of Cannes - such as the famous film festival - are but two. The Cote D\'Azur offers the Mediterranean climate, with all the appeal of sun, sand and sea that comes with it, Monaco is close by with its casinos and grand prix for motor sport fans, while inland are some of the most famous winelands in the world.
Above all, there is the simple fact that France is attractive not just for property buyers, but also for holidaymakers from the UK, thus creating a major rental holiday market. In the former case, a recent piece of research by Datamonitor for Overseas Property Professional magazine showed that nearly four million people from Britain and Ireland owned property abroad, with France second only to Spain.
In the latter instance, the numbers are also high and rising, with the Office for National Statistics revealing that the number of overseas trips by Britons in 2005 was a record 66.4 million. Of these, 11.1 million went to France, a figure which represents considerable potential for anybody involved in the tourist accommodation centre, including buy-to-let landlords. While the north may be increasingly attracting consumers who can tunnel all the way to London, the appeal of the south means plenty of others - not least those who want to enjoy wine and beaches - will head across the Channel for different reasons.
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