nvesting in the Pyrenees, better off looking towards
or midi-Pyrenees as the Gascony. Here, investors can find
region is often known, has a touch of real France with
become a very popular option in beautiful countryside scenes and
recent years for investors from rural properties that are often a
the UK and across Europe. lot cheaper to buy than
apartments in the larger better
While investors were busy moving developed cities.
in on the more accessible areas
of northern France, the Famously, the Pyrenees have some
undiscovered region of the fantastic mountain resorts and
Pyrenees remained untouched. This this has become a real joy for
led to a recent leap in skiers at all levels, during the
popularity, as investors went off winter months. These same resorts
the beaten track and tried to are fantastic for walkers and
stretch their cash that little climbers during the summer
bit further. months, resulting in all round
appeal for holidaymakers.
Toulouse is the capital of the Anywhere with all year round
midi-Pyrenees and is a very appeal is highly likely to
popular and lively city which has produce good rental yield and is
incredible opportunities in terms a solid source of income for any
of education and employment. As a investor.
result of the buzzing atmosphere
and cutting edge ambience of Another interesting part of the
Toulouse, property prices are at Pyrenees is the city of Albi.
the highest in the region. Located on the River Tarn, this
historic and beautiful city has a
Those looking at investing in lot to offer investors, as it is
property in the Pyrenees would be generating a healthy return in
terms of both rental yield and of the Pyrenees and are now
capital gain. offering incentives to investors
including leaseback and
In terms of location, the guaranteed rental schemes.
Pyrenees are in the south west of Examples of recently available
France bordering on Spain, making properties include a two bedroom
it very accessible for travellers apartment in Toulouse for 90,000
from all parts of Europe. Euros on a 5.55 percent leaseback
Accessibility is key when it and a three bedroom property in
comes to the property market, and the Hautes ski resorts for
as such it doesn’t get much 115,000 Euros with a leaseback
better than the Pyrenees. The for 4.5 percent, with two weeks
region boasts four airports and use annually.
is less than 3 hours away from
Barcelona; the channel ferry Investing in property in the
connections are also within Pyrenees is definitely something
reasonably close proximity. for the future. Investors looking
for the next boom area are
All of these factors have made flooding to the Pyrenees, and
the Pyrenees particularly popular with good reason.
lately and house prices in this
region have grown, on average, by Excellent rental yields are on
12 percent a year over the last 4 offer and property is still very
years, making it one of the affordable, allowing those who
fastest growing regions of want to try something a little
France. different the opportunity to ride
the crest of the property
Developers in the region have investment wave!
started to realise the potential
About the Author:
Providing essential information on buying property abroad, Tem Pearson is dedicated to offering all the necessary information for people looking to buy property in different countries. Visit www.buying-property-abroad.info for all the best info.
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Tem Pearson
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