3 Most Expensive Regions to Buy Land in France
French Real Estate Mortgage Rates Dropped in December 2013
If you thinking of investing in French real estate you have more good news. Credit broker Empruntis has confimred that fixed rate mortgages on average were lowered in almost all areas of France in December 2013.
If you have been following our updates you will remember there was a rise in French real estate mortgage rates this summer but the rates have now stopped rising.
A French mortgage for 15 years, according to Credit Empruntis, is now on average at 3.15% in December, 0.10% less than in November.
A French mortgage for 20 years, according to Credit Empruntis, the average rate is now 3.50% against 3.55% last month.
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Paris Large Apartments are Not Selling
The beautiful Large French apartments in Paris are not selling well at this time according to a new survey published by Wall-Market.com and noted in Le Figaro.
Large apartments with 4 bedrooms or more represent only 5 percent of the apartments in the French Capital, however, the survey by Wall-Market.com found that 20 percent of the French properties currently listed for sale in their listing system are these large apartments
This large volume of apartments could eventually put pressure on the prices and require sellers to reduce their prices.
If you would like to read the full article in French go here
Date of Article 13 December 2013.
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Monaco in Top Five Healthiest Cities in the World
The French Riviera is host to one of the Healthiest Cities in the World according to a new report published at BBC Online.
The city is in fact not a city but a small principality called Monaco about 15 km east of Nice on the French Riviera in the south of France.
According to the release:
Monaco’s life expectancy is 89.6 years.
Prince Albert II of Monaco has launched green initiatives, including carbon offsets for conferences held at Monaco hotels, local government agencies use a fleet of electric smart cars, electric bicycles available for rental on the street.
Monaco has the world’s highest concentration of millionaires and billionaires per capita who can make use of the health care system ranked 13 in the world in the year 2000 by the World Health Organization.
In terms of real estate, Monaco housing is made up of mostly multiple-unit residences and apartment blocks. The style can be Belle Époque to modern.
Properties in the prime areas of Monaco can cost between 35,000 and 40,000 euros per square metre and in some cases more.
To read the full article at the BBC and learn about all five healthy cities click here
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