Friday, 8 June 2012

Dordogne dominates British buyers' wish lists


The Dordogne dominates British buyers' wish lists, according to a new study.

The area has always been popular with international buyers, reports the French notaires, with over 15 per cent of property sales in both the Dordogne and the Alpes-Maritimes going to overseas investors in both 2011 and 2010.

But British demand for Dordogne property is staying strong, according to the notaire's latest annual review, while interest in Cotes d'Azur has dropped off. Other nationalities are now taking the Brits' place, piling into the South France's popular tourist region.

Other regions that were also popular with international buyers last year include Lot (13 per cent), Creuse (11 per cent), Charente (11 per cent), Aude (10 per cent) and Ain (10 per cent).

5.3 per cent of all property transactions in 2011 went to overseas buyers, consistent with the last three years but down from 2004's high of 6.3 per cent.

The report excludes purchases of property in Paris, adds French Property.

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