|
 In April 2007 we flagged up the most salient facts and figures released by FNAIM (the French estate agents’ national association), highlighting some interesting points:
Languedoc property was showing better-than-average capital appreciation;
Certain Languedoc destinations (Perpignan was a case in point) put Provence cities in the shade when it came to capital appreciation for the period March 06 – March 07;
Languedoc apartments in particular were a good bet for capital growth, and not just in the short term but over a sustained period.
Now, with new figures released by FNAIM for the first half of 2007, we bring you some more good news: when it comes to buy-to-let, Languedoc is way ahead of the pricier competition of Provence.
Compare the figures on the chart below, which show the average purchase price, in euros, of resale property, compared to the average rental rates charged on the same, and the resulting percentage yield.
 It doesn’t take a genius to guess that that if you fancy playing the French property buy-to-let game, up-and-coming Beziers is a better bet than the razzle-dazzle Riviera. But it’s nice to see the figures bear it out.
|
