Carlton International - France Sees Real Estate Investment Increase by 40% in 2010

    ANTIBES, FRANCE, February 03, 2011 /24-7PressRelease/ -- Experts in real estate South of France attributed the strong growth last year to the improved financing conditions implemented by the French government to cushion the country's economic decline. Thanks to these measures the final quarter of 2010 saw those looking to invest in property for sale South of France were able to borrow more at historically low interest rates. With French mortgages hitting post war lows of 3.3% down from 5% just two years previously.

Believed to be more stable than other asset classes (bonds, equities), buyers believe real estate France investment to yield better long term security. Thierry Laroue-Pont, CEO of Real Estate Advisory France was quoted as saying: "Some of the underlying markets appear to have weathered the crisis, such as retail premises, new buildings with guaranteed cash flows and classic freestone buildings, which remain a safe haven for investors."

This rise in confidence was reflected during the back end of last year with the return of the 'major deals' in luxury property for sale. The number of luxury property investment worth more than 100 million Euros has dramatically increased by 75% year on year. Real estate Cannes was just one area to see increased 'high end' sales at the close of 2010.

Globally, German investors have been the strongest source of foreign investment, accounting for almost 20% of the total transactions of 2010. Second came the US with 6% whilst a recovering UK economy saw just 4% of all transactions.

Whilst it is still apparent real estate France is still some way short of secure it is however, heading in the right direction. Carlton International is advising high end investors in real estate, South of France to take advantage of recent governmental measures such as president Sarkozy's plans to scrap France's controversial wealth tax. If in place as expected by the summer it could save top bracket earners over EUR200.000 in tax on their luxury villa South of France that's valued over EUR16.5 million.

Carlton International provides some of the most exclusive real estate South of France. Real estate Cannes, St Tropez, Cap D'Antibes, and Cap D'Ail are all available with through our website at Carlton International. We assist in all aspects of your luxury property purchase.

Website: http://www.carlton-international.com

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