Quote:
Originally Posted by BradM
I have been looking at real estate in France. Talking about the southern (Riviera) area. Looking for apartments and such which is all I would want since it would be used as a vacation spot only.
Anyone have tips or ideas on how to find some good property in a decent area? If you live(d) there what would you suggest?
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Used to be amazingly cheap Brad - it's one real estate market I missed not playing in years ago.
The French have/had a tendency to assemble into major towns and cities and mean't that in the countryside there was less demands on real estate. There were some exceptional properties on the market at that time - eg a chateau complete with original fixtures - the real deal for.. in current dollar terms, around $240K. One of my partners did buy one - complete with courtyard, stables etc and he paid around $300k - the place is now worth serveral millions.
Sadly now, it's not "cheap" - the Riviera/south coast is fairly expensive, even just for an apartment and, only my
- grossly overrated.
Again... only my
, but for vacation purposes, would seriously look at what may be perceived as more "exotic" locations - yep, they do exist and a few have the best real estate capital appreciation on the planet (40-50%). Not so familiar with other continents, but there are plenty in the Latin/South American region
