The launch of Eurostar’s direct new route to the South of France last month has contributed to an increase of optimism in the Provence property market from British investors.
Mark Harvey, head of French residential at Knight Frank, said: “Transaction numbers are on the up and we are witnessing increased confidence among buyers contemplating the purchase of a property in Provence.”
Eurostar launched their new route on 1st May and will run five direct trains a week during the busy months of July and August. The six-hour journey bypasses Paris completely and stops at Avignon en route to Marseille.
When the new route was announced in December, Eurostar reported strong advance bookings. Mark Harvey commented: “A number of buyers have recently commented on the advantages which will be brought about by the new Eurostar link between London, Avignon and Marseille.”
In terms of the improving French market, the international real estate broker Tranco.com has reported that low fixed interest rates and favourable currency exchange rates, along with falling house prices, means now is a good time for Brits to consider investing in the French real estate.