Tuesday, August 12, 2008

Many See This As A Property Investment Opportunity That Will Generate An Income

Category: Finance, Real Estate.

Buying a chateau is the ultimate real estate dream.



If your dream is to one day own such a property, today should be the day that you act upon that dream! What could be more inspiring than relaxing in a luxurious room of your own 18th century French chateau, listening to the crackle of a roaring fire in the grate while gazing out over your own private lake? The reality of buying a property in France is that the purchase process could not be easier. Furthermore, luxury properties for sale today are very affordable too! Many vendors speak excellent English and there is a whole raft of information now available, courtesy of the Internet, that can help make the purchase of your dream a breeze. Of course, you can also enjoy the country's renowned life- style: wine, and, food. the great outdoors. Access is easy with many regional airports, and the excellent TGV rail service.


The weather below the Loire Valley is lovely in the summer with many hours of sunshine. The Price: When you do your research you may be pleasantly surprised to find out that it will not cost you the earth to buy. Translated into US dollars that's a little over 900, 000 USD. An 8- bed chateau in Burgundy set within 75 Ha of wooded park, which comes complete with a pool, can be yours, pond and dovecote for just 763, 200 Euros! The strength of the British Pound against the Euro means that for British buyers of such a home in France is exceptional value- even more so than for American buyers. Given that a comparable building in the UK with the same amount of charm and character would command a purchase price of at least double, and more likely treble that value, buying this property can all of a sudden seem like a financially sound move to make. The 8- bed example above would cost British buyers just over �500, 000 GBP.


Commercial Purposes. Many see this as a property investment opportunity that will generate an income. Of course, not all prospective purchasers of chateaux have identical visions of property ownership. The right type of choice in the right location in France could make for an ideal conversion to a hotel, offices or equestrian facility. So, is it time for you to make a move and begin your search for such a dream? The income potential is massive! If the time is right- and there's no time like the present.


It could just prove to be the start of an awesome adventure!

No comments: