Have you always wanted to buy beach property? How many times have you been on holiday or visited friends and relatives near the coast and thought, why can't that be me? You'd be amazed at how easy it is to buy beautiful beach properties across France. Perhaps you have dreamt about buying an apartment in France that overlooks beautiful waters and features sandy beaches? If so, you aren't alone. Before you buy you should do some research and see where and when would be the best time for you to invest. Any time you buy on a beach there are certain risks as well as certain benefits, and you have to weigh these carefully.
The benefit of buying a property on or close to the coast is that it is an investment that will likely payoff over the long-term. Beach and coastal property is always going to be in demand. You can keep it for as long as you want for personal or other use and will be able to realize capital gains over the long-term period. Logically there is only a limited amount of beach property in France, which makes it desired by many but acquired by few. This means that in many cases, in high demand areas, there is a premium to be paid.
If you want to buy beach property for investment purposes only, you should do some serious research before you buy. Real estate trends are changing across the world, and you want to buy in the most stable market where beach properties are always in demand - France is reknowned as one of the most secure countries to invest in over the long-term, and we will hold your hand every step of the way throughout the buying process.
Coastal properties, because of their demand by tourists and holiday-makers, also have the possibility of generating a rental income for the owner, managed by professional companies. Many of these coastal and beach properties can be bought as a Leaseback purchase, supplied furnished by the developer, with a VAT rebate of 19.6% from the French government. The rental yield will depend varying upon quality of accommodation, location, personal use etc but are around 3.5% to 5.5% gross per annum.
Leggett Immobilier have a complete range of beach and coastal property across France available, from good value apartments in coastal towns and cities, through to stunning luxury villas, from Normandy and Brittany down to the Atlantic Coast and over into the Mediterranean. The choice can be overwhelming, so keep a regular eye on our website and contact us when you see something of interest.