Increasing demand for rental property

With the slowing down of the UK housing market and the associated reduction of prices, French property estate agents have seen a significant increase in demand for rental property in key locations within the Loire Valley…

Towns such as Chateau-du-Loir, home to over 6,000 inhabitants, with many key businesses and associated infrastructure, are high on the list of desirable locations for tenants looking to rent. Over the past months there has been a significant increase in demand from investors looking to capitalise on the lower house prices and to buy homes suitable to rent out. This is not only French buyers but also buy-to-let investors from the UK. Many such properties have already got tenants in place on long term leases with yields ranging from 4% – 12% putting such an investment well above the the interest rates that banks are now offering. Rental properties can be found for as little as 100,000 euros, and remember, when the housing market gets back on track these investments will also see a capital growth as well as the annual rental returns.Bricks and mortar investments with a higher rate of return than the banks – what more could you ask for.