Those investing in international property for the long-term might consider the Languedoc region of southern France, it has been suggested.
Founder and managing director of French property firm VEF Trish Mason said that at present: "For investors looking for high rental returns, then the Cote D'Azur and Alps remain safe places in which to invest," while the major cities have good buy-to-let potential.
However, she suggested, Languedoc offers a particularly "interesting" prospect because its prices are 30 per cent lower than neighbouring Provence, yet the region is likely to experience upward pressure on house prices through increasing demand as it is projected to see a 30 per cent rise in population over the next 20 years.
Large parts of Provence have seen marked increases in price due to an influx of buyers to localities such as the Luberon since the area was popularised by the Peter Mayle book A Year in Provence 20 years ago, the Daily Telegraph reported recently.
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