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Old 02-09-2006, 01:13 PM
darren darren is offline
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Join Date: Aug 2006
Posts: 9
Default Property in Languedoc ? price is falling

Hi Daniel,
I live in the Aude valley a bit further south. Around this way I've yet to see any price falls, and last time I looked in any detail (November) prices were still going up, but there has definitely been a large increase in the supply of "village" houses in various states of disrepair, usually with no garden or land. Unfortunately what everyone seems to be looking for - good habitable old stone house with some land somewhere near civilization but not near a main road - is still rare and expensive.
We've met in the last couple of months a whole load of Belgians, Dutch, Americans and Brits moving over permanently though, more seems to be renting than before while they look for the dream property above! The bank manager we saw last week (opening a local account) said lots of brits still coming over, usually with some half arsed business plan they want finance for. But to me it looks like the frenzy over property from the Brits has died down to some degree.
Also there has been a increase in the number of locals buying property, there are new laws to give a certain amount of mortgage interest free under some conditions.
Are you by the cost or inland? What sort of property?
Keep in touch
Darren
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